Job Title:	Solvency II Supervisors
Reference:	X00012
Salary:	£30,000 - £81,000 dependent upon experience
Location(s):	London
Industry(s):	Banking
Advertiser:	Financial Services Authority
Employment Type:	Permanent
Posted:	02-09-2010

Description:

Solvency II Supervisors
Canary Wharf

At the Financial Services Authority (FSA), we can give you a unique insight to Solvency II as part of the team responsible for its implementation, and 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.

Associate & Senior Associate Supervisors
£30,000 - £81,000 dependent upon experience

You’ll be instrumental in the successful implementation of Solvency II, as well as the delivery of our regular supervisory work, at a critical time for the UK financial sector. These roles involve establishing strong relationships with the most senior levels of management at a wide range of firms, both nationally and internationally. Your objectives will be to proactively identify and mitigate risks to our objectives including ARROW risk assessments, and work with firms to assess their internal capital models and agree appropriate levels of regulatory capital. Key, therefore, will be your ability to communicate our expectations clearly to firms and ensure intended outcomes are achieved.

With broad knowledge of the UK insurance market (both non-life and life) and the issues facing regulated firms, you will need strong risk/financial analysis, numerical and interpersonal skills – relationship management experience would be a bonus, as would a relevant professional qualification. You should also be a pragmatic, outcomes-focused team player willing to take on new responsibilities.

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 X00012.