Senior Analyst (Insurance Supervision)

New Zealand Government; Wellington; On-site; NZD 129,000 - 150,000; Full time

Benefits offered by this job

additional leave options

a wellness package

generous parental leave provisions

learning and development opportunities

access to numerous social, networking,

Job summary

Reserve Bank of New Zealand is seeking a Senior Analyst in Prudential Supervision to lead qualitative and quantitative analysis across the insurance sector, assessing prudential risk and helping implement supervisory strategies. You will 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

Qualifications

• Relevant tertiary qualification in economics, statistics, data science, finance or a related discipline.
• Strong analytical and research capabilities to assess qualitative and quantitative information.
• Ability to identify prudential risks and recommend practical responses.
• Experience engaging with stakeholders at various levels is preferred.

Responsibilities

• Conduct in-depth qualitative and quantitative analysis across the insurance sector.
• Assess prudential risk profiles and contribute to supervisory strategies.
• Prepare high-quality advice for managers and senior leaders.
• Communicate complex work to technical and non-technical audiences.
• Engage with regulated entities at management, executive and board level and support continuous improvement.

Skills

Analytical skills

Communication skills

Stakeholder engagement

Judgement and decision making

Team collaboration

Te Tiriti o Waitangi knowledge

Understanding NZ financial system

Education

Relevant tertiary qualification in economics, statistics, data science, finance or related discipline

Job description

Bring your knowledge and experience of the 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 supportive Banking and Insurance Supervision team within the Prudential Supervision Directorate. Contribute to prudential supervision, risk assessment, stakeholder engagement, and analysis that informs decisions across RBNZ. Permanent, Wellington or Auckland based role

Te tūranga - 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.

'Ō pūkenga - 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, finance or a related discipline.
• A strong understanding of banking, insurance, financial markets, law, accounting, macroeconomics, economics or a central bank environment is preferred.
• A solid understanding of New Zealand's financial system, including the interactions between the economy, financial institutions and prudential regulation, or a strong desire to build this knowledge.
• Strong analytical and research skills, including the ability to assess qualitative and quantitative information, identify prudential risks and recommend practical responses.
• Experience designing data collections or undertaking policy analysis would be advantageous.
• Excellent written and verbal communication skills, with the ability to make technical information accessible to different audiences.
• The proven ability to build and maintain effective relationships with internal and external stakeholders, including confidence engaging at management, executive and board level.
• A proactive, resilient and collaborative approach, sound judgement, and the ability to think holistically across a broad range of issues.
• Knowledge and application of Te Tiriti o Waitangi, and a commitment to Te Ao Māori, diversity, equity, inclusion, and a safe and healthy workplace.
• Eligibility to obtain and maintain the appropriate level of New Zealand National Security Clearance, if required.

Ngā painga - 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 include

• additional leave options
• a wellness package
• generous parental leave provisions
• learning and development opportunities
• access to numerous social, 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).

Working at the Reserve Bank - Te Pūtea 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.

Kōrero tāpiri - 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.

Senior Analyst - Prudential Supervision position description

Applications close at midnight on Wednesday, 30th September 2026.