| Job Title: | Associate/Technical Specialist - Reinsurance Specialist - Solvency II |
|---|---|
| Reference: | X00019 |
| Salary: | £Competitive + excellent flexible benefits (dependant on skills and experience) |
| Location(s): | London |
| Industry(s): | Financial Services |
| Advertiser: | Financial Services Authority |
| Employment Type: | Permanent |
| Posted: | 02-09-2010 |
Description:
Associate/Technical Specialist - Reinsurance Specialist - Solvency II£Competitive + excellent flexible benefits (dependant on skills and experience)
Canary Wharf, London
If you have a background in reinsurance, we’d like to hear from you at the Financial Services Authority (FSA). As the UK’s sole financial regulator it’s our job to protect consumers and maintain market confidence. We are currently developing our Solvency II internal model assessment approach and have an opening within our Prudential Risk Division (PRD) for those with capital modelling experience through ICAS or Solvency II projects.
The Team's work involves Solvency II internal model approval development and prudential risks within insurance firms. As one of a group of specialist staff, you’ll help to progress the design and implementation of our internal model assessment. This will involve everything from reviewing firms' assessment of reinsurance risk as part of its internal model and advising on other elements of credit risk and underwriting risk to liaising with colleagues and firms as they prepare for internal model assessment. Providing thought leadership, undertaking ad-hoc research and taking ownership of your own portfolio of firms will also be key.
As well as expertise in reinsurance practices and principles, we are looking for a thorough understanding of the full range of reinsurance products, as well as common modelling techniques. A strong communicator and networker, you’ll have the ability to translate technical concepts into practical solutions and to challenge, negotiate and influence at the highest level. If you also have a background in regulatory capital, reserving, pricing systems and processes, and a good working knowledge of ICAS and developments in Solvency II regime, so much the better.
If you’re keen to build a varied career around the development of Solvency II in the UK and internationally, find out more and apply at www.careersatfsa.com/solvencyII, reference X00019.
