Senior Analyst (Banking and Insurance Supervision)

Reserve Bank of New Zealand; Auckland; On-site; NZD 129,000 - 150,000; Full time

Benefits offered by this job

Flexible working

Additional leave

Wellness package

Parental leave

Learning & development

Social activities

Job summary

Reserve Bank of New Zealand is seeking a Senior Analyst in Prudential Supervision to supervise insurers within the insurance sector and strengthen the safety and resilience of New Zealand’s financial system.

You will conduct qualitative and quantitative analysis, assess prudential risk profiles and help implement supervisory strategies. You’ll prepare advice for managers and committees and engage with entities at management, executive and board levels.

Qualifications

• A relevant tertiary qualification in economics, statistics, data science, finance or a related discipline.
• Strong analytical and research skills, with the ability to assess qualitative and quantitative information and identify prudential risks.
• Excellent written and verbal communication with the ability to explain complex information clearly.
• Ability to build and maintain relationships with internal and external stakeholders at various levels.

Responsibilities

• Supervise insurers within the insurance sector, contributing to risk assessment and supervisory strategies.
• Conduct in-depth qualitative and quantitative analysis across the insurance sector.
• Prepare high-quality advice for managers, senior leaders and Reserve Bank committees.
• Engage with regulated entities at management, executive and board level and support continuous Directorate improvement.

Skills

Economics background

Statistics knowledge

Data analysis

Regulatory understanding

Communication skills

Stakeholder engagement

NZ regulatory knowledge

Education

Economics degree

Statistics background

Finance discipline

Tools

SQL

R

Python

Excel

Tableau

Job description

Bring yourknowledge and experienceofthe financial sector to this role in the Financial Stability Group.

As a Senior Analyst in Prudential Supervision, you will have direct responsibility for supervising insurers within the insurance sector, helping to strengthen the safety and resilience of New Zealand’s financial system.

• Join our collaborative and supportiveBanking and InsuranceSupervisionteam withinthePrudentialSupervisionDirectorate.
• Contribute to prudential supervision, risk assessment, stakeholder engagement, and analysis that informs decisions across RBNZ.
• Permanent,Wellingtonor Auckland based role

Tetūranga– The role and your impact

As a Senior Analyst in Prudential Supervision, you’ll conduct in-depth qualitative and quantitative analysis across the insurance sector. You’ll assess prudential risk profiles, make well-formed judgements and help implement effective supervisory strategies to mitigate identified risks. You’ll prepare high-quality advice for managers, senior leaders and Reserve Bank committees, and communicate complex work clearly to technical and non-technical audiences. Working collaboratively across the Directorate and Financial Stability Group, you’ll engage with regulated entities at management, executive and board level, be involved with analytical projects, and support continuous improvement.

Ōpūkenga– About you

We’re looking for a proactive and collaborative Senior Analyst who brings sound judgement, strong analytical and research capability, and the confidence to communicate complex information clearly. To be successful in this role, you will bring:

• A relevant tertiary qualification in economics, statistics, data science,financeor a related discipline.
• Astrong understanding ofbanking, insurance, financial markets, law, accounting, macroeconomics, economics or a central bank environmentispreferred.
• A solid understanding of New Zealand’s financial system, including the interactions between the economy, financial institutions and prudential regulation, ora strong desireto build this knowledge.
• Strong analytical and research skills, including the ability to assess qualitative and quantitative information,identifyprudential risks and recommend practical responses.
• Experience designing data collections or undertaking policy analysis would beadvantageous.
• Excellent written and verbal communication skills, with the ability to make technical information accessible to different audiences.
• The proven ability to build andmaintaineffective relationships with internal and external stakeholders, including confidence engaging at management, executive and board level.
• A proactive,resilientand collaborative approach, sound judgement, and the ability to think holistically across a broad range of issues.
• Knowledge and application ofTeTiritio Waitangi, and a commitment toTeAo Māori, diversity, equity, inclusion, and a safe and healthy workplace.
• Eligibility to obtain andmaintaintheappropriate levelof New Zealand National Security Clearance, ifrequired.

Ngāpainga– What we can offer you

We have a broad range of responsibilities and great opportunities to match people across all stages of careers. We encourage an inclusive and positive workplace culture. We support flexible working and work-life balance. Our benefits includeadditionalleave options, a wellness package, generous parental leave provisions, learning and development opportunities, and access tonumeroussocial, networking and sporting activities.

The anticipated appointment range for this role is $128,699 to $150,149 (actual salary will be dependent on your skills and experience).

Come join us if you want to make an impact

Working at the Reserve Bank – TePūtea Matua is about more than a job. Here you’ll have a career, a community, and an opportunity to make a positive impact on the lives of others.

Bring your talent, curiosity and expertise and we’ll help you do the rest. You’ll be part of one of the world’s most trusted and respected central banks. We’ll invest in you. And with you, we’re investing in New Zealand.

Kōrerotāpiri– Additional information

You don’t have to meet all the above criteria to apply. If you think you can contribute to several of the above criteria, we would love to hear from you.

We welcome all people, and we want everyone to be able to equitably participate in our recruitment process. For more information or any questions, get in touch with us: [e-mail].

Mepēheatetukutono – Interested?

Check out the job description for this role below or email us at [e-mail] for more info.

• Senior Analyst – Prudential Supervision position description

You can also contact us if you need any accessibility support to apply for this role.

Applications close at midnight on Wednesday, 30th September 2026. Please include a cover letter outlining why you think you’ll be a great fit for the role.

Recognising the growing use of AI, we ask that your application authentically explains why you would be a great fit for this role.