At Tyler Wren, we’re always discussing trends in the Insurance and Financial Services market with job seekers, clients, and colleagues. As 2024 ends, the industry has proven resilient despite a challenging year. This market update highlights key legislation changes, premium increases for policyholders, and workforce trends.
If you’re an experienced insurance or financial advisory professional, now is the time to explore exciting career opportunities as we head into 2025.
Industry Highlights: Key Developments in 2024
The FMA’s 2024 Consumer Confidence Survey revealed that three-quarters of New Zealanders believe financial service providers treat customers fairly. Compared to last year, there was a rise in consumer trust, with 86% owning insurance products and 85% holding investment products.
In Parliament, the third reading of the Contracts of Insurance Bill aims to enhance transparency around disclosures. Meanwhile, employers are shifting focus, encouraging staff to return to the office. Working from home has shifted from an expectation to a benefit.
Salaries have remained stable since the release of Tyler Wren’s Banking, Financial Services, and Insurance Benefits and Salary Guide in August 2024.
Job Market Trends: Opportunities for 2025
In Q3, many job seekers hesitated to move roles. However, with 2025 approaching, we’ve noticed an increase in vacancies and job-seeker activity. Here are some featured roles in the Insurance and Financial Services market:
-
Domestic Broker (Auckland or Christchurch)
Manage a domestic book of home, contents, and motor vehicle policies in a supportive team environment. -
Financial Adviser (Life) – Auckland
Service, retain, and grow an existing book of clients with warm leads available. -
Senior Commercial Broker Support/Team Lead – Christchurch
Support two brokers with client management, EOM reconciliations, Bordeau, and annual compliance. -
Kiwisaver Adviser – Auckland
Provide tailored Kiwisaver advice for clients planning first home purchases and retirement.
Looking Ahead to 2025
As we step into 2025, the Insurance and Financial Services sector will focus on delivering exceptional client care. Whether you’re seeking your next opportunity, want to discuss market trends, or need help building your team, Tyler Wren is here to support you.
Find Out More
- General Insurance and Broking Recruitment: Click Here
- Wealth Management Recruitment: Click Here
- Life and Health Insurance Recruitment: Click Here
Follow us: LinkedIn Facebook Instagram
Here at Tyler Wren, we know good people know good people. We offer a referral bonus if you refer someone to Tyler Wren, with whom we secure a new role. Click here to find out more and to refer a friend.
#TylerWren #TylerWrenCareers #TylerWrenInsurance #TylerWrenBanking #TylerWrenFinancialServices