Actuary

Title
Actuary
Close date
19/06/2019 06:00
Office location
Wellington
Job description(s)

Financial System Policy and Analysis Department

The Reserve Bank of New Zealand – Great Team, Best Central Bank

The Reserve Bank of New Zealand (The Bank) is New Zealand’s central bank.  Our vision is to be the Best central bank with a Great team.  We operate with passion, integrity, innovation and inclusiveness.

Our main objective is to promote a sound and dynamic monetary and financial system and to ultimately raise New Zealand’s economic wellbeing.

We welcome people to the Bank from diverse backgrounds, disciplines and experience. We encourage open and inquiring minds and provide a supportive and collegial team environment. We are achievement focused, invested in each other’s success, energised and resilient. 

We operate in a complex and changing global landscape and are acutely conscious of our heritage and history. Our Te Ao Maori strategy and awareness is a critical lens across all our work.  

We are open, always learning. We love what we do and carry out our responsibilities with pride.

The Financial System Policy and Analysis Department (FSPA) has responsibility for prudential policy as it relates to banks, non-bank deposit takers, financial market infrastructures and insurers, research and thematic reviews, macroprudential policy, and the Reserve Bank’s Financial Stability Report.

You will play a technical leadership role in the development of the solvency standards and refinements to the prudential insurance legislation.  You will, from time to time, be asked to provide expert actuarial advice to management and the front line supervisors on the quality of licensed insurers’ analysis and management of risk.  

To perform this role you will be an experienced insurance actuary and have:

  • Post qualification practical experience in actuarial work in the insurance industry
  • Strong academic/professional qualifications in actuarial science
  • Excellent interpersonal and communication skills 

The RBNZ offers a flexible working environment and provides excellent opportunities for development.

Informal enquiries about the technical aspects of the role can be made to Ian Woolford, Manager Financial Policy. Email Ian.Woolford@rbnz.govt.nz

Written applications including your CV and covering letter should be emailed to Sharon.Brooks@rbnz.govt.nz by Wednesday 19th June 2019.