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There’s more room at the top for women in insurance

6 November 2015

Asteron Life Managing Director Nadine Tereora says there’s more room for women in leadership roles in the New Zealand insurance industry. 

This comes off the back of Asteron Life being named the winner of the Women’s Employer of the Year award at the New Zealand Insurance Industry awards, held last night.

This was the first time the category, which recognises businesses working to improve gender diversity, has been included in the awards. Says Nadine, “In the past, the insurance industry was mostly male-dominated.

But we’re seeing positive signs that the gender balance is becoming more level. Even so, there’s still the opportunity for more women to move up and take on some of the leadership roles.”

“Equality in the workplace is something all employers should be striving towards,” says Nadine.

“Policies are needed to safeguard gender diversity”. Nadine is the first female CEO for a company in the Suncorp Group.

She says she’s benefited from the strategies the business has in place to increase the number of women in senior leadership roles and to drive greater gender equality.

“We’re very focused on embedding gender diversity into the DNA of our culture.

To benefit from female talent, our policies reflect our commitment to attract, enable, advance and retain female talent.

We’re making a real effort to ensure everyone is given equal opportunities in the workplace.”

The gender split of Asteron Life’s senior leadership team is 50:50, as is the Asteron Life New Zealand board.

Nadine says its focus on female talent retention and promotion isn’t at the expense of its male employees;

“While we look through a female-oriented lens to make sure policies such as remuneration and recruitment are equitable, we’re committed to gender equality.

Men are also afforded flexible employment conditions and career opportunities.”

Asteron Life were also called out as finalists for the Life Insurance Company of the Year award by the New Zealand Insurance Industry. 

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