| Job Title: | Solvency II Associate (Pillars 2 & 3) – Prudential Insurance Policy |
|---|---|
| Reference: | X00008-1 |
| Salary: | £Competitive |
| Location(s): | London |
| Industry(s): | Banking |
| Advertiser: | Financial Services Authority |
| Employment Type: | Permanent |
| Posted: | 02-09-2010 |
Description:
Solvency II Associate (Pillars 2 & 3) –Prudential Insurance Policy
£Competitive
Canary Wharf
At the Financial Services Authority (FSA), we can give you a unique insight into Solvency II as part of a team responsible for its development, plus a fascinating understanding of the future of insurance regulation. Make no mistake, you will be instrumental in designing future policy frameworks (through Solvency II and IAIS) that will deliver the best achievable outcomes for the regulation and supervision of UK firms, as well as providing policy advice on the application and development of existing rules and guidance in relation to innovative proposals by firms.
Working across our Prudential Insurance Policy Department, you will support specific areas relating to the new requirements arising out of the Solvency II Directive. This will include developing Pillar 1 balance sheet, Pillar 2 system of governance and Pillar 3 reporting/disclosure requirements, as well as helping to draft the new Handbook rules necessary to implement Solvency II requirements. Your role will also involve providing briefings and specialist advice regarding the life and/or general insurance sub-sectors, and fielding queries from firms and other stakeholders concerning Solvency II.
We are looking for a good insight into the life and/or general insurance industry, along with a basic understanding of the Solvency II regime. An understanding of existing rules and guidance including Arrow and ICAS would be beneficial. You should have a keen interest in regulatory developments within the insurance sector, plus the ability to interact effectively with senior insurance professionals and communicate complex technical issues.
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 X00008-1.
