Job Title:	Associate – Solvency II (Group Policy)
Reference:	X00006
Salary:	£50,000 - £65,000 + benefits
Location(s):	London
Industry(s):	Financial Services
Advertiser:	Financial Services Authority
Employment Type:	Permanent
Posted:	18-02-2010

Description:

Associate – Solvency II (Group Policy)

£50,000 - £65,000 + benefits
Canary Wharf

At the Financial Services Authority (FSA), we can give you a unique insight to Solvency II as part of a team responsible for its implementation, plus a fascinating understanding of the future insurance regulatory framework. Make no mistake, your work will drive the development of the major insurance firms and help to protect millions of consumers.

You will be part of the Groups Policy team, within the Prudential Cross Sectoral Department of our Risk Business Unit. Your role will carry responsibility for implementing the framework of capital adequacy requirements established by Solvency II for insurance groups into the FSA Handbook. This will entail determining options for calculating and assessing group capital adequacy and for Pillar 2 requirements that apply to insurance groups. Chairing stakeholder boards and delivering training on the implementation of group capital adequacy under Solvency II will also be part of your remit.

From an accounting or actuarial background, you will need detailed knowledge of the insurance industry and Solvency II. An understanding of the European legislative process, market failure and cost benefit analysis will be essential. You should also have strong research, analytical and stakeholder relationship management skills.

If you’re keen to contribute your skills and experience to Solvency II implementation, find out more and apply at www.careersatfsa.com quoting reference X00006.