Roles
- Solvency II - Supervisory Co-Ordinator, Wholesale Division read more close
-
(Regulatory Grade B - £30,000 - £55,000)
At a critical time for the UK's financial sector, our Wholesale Division ('WFD') is looking to recruit an Associate to support the division's work on the implementation of Solvency II. Solvency II is a fundamental reform of the prudential regime governing insurance companies operating in Europe.
To find out more and apply, please click here.
- Solvency II - IT & Data Management Specialist read more close
-
(Risk Grade C - £60,000 - £135,000)
We have a unique opportunity within the Operational Risk Team which is part of the Prudential Risk Division (PRD) for an IT & data management expert with experience in the insurance sector and a good working knowledge of the regulatory insurance risk framework.
The first 12-24 months of your work will involve a secondment to a dedicated team of specialists working on the Internal Model Approval Process under Solvency II.
To find out more and apply, please click here.
- Solvency II - Quantitative Analyst - Analytics & Risk Technology Group (ART) read more close
-
(Risk Grade C - £60,000 - £135,000)
ART is a new team within CMMD (Capital Management and Modelling Department), one of four departments within PRD. The team's role will be to provide powerful quantitative analytics capabilities to PRD and the wider FSA. The team will play a major role in projects undertaken by PRD whenever analytical expertise is required, and in the development of financial services regulation under the FSA's Supervisory Enhancement Programme.
We are looking to fill a newly created role in ART, a senior quantitative analyst.
To find out more and apply, please click here.
- Solvency II - Liquidity Specialist read more close
-
(Risk Grade C - £60,000 - £135,000)
We have unique opportunities within the ALM & Liquidity Team for a Liquidity expert with experience in the insurance sector and a good working knowledge of the insurance risk framework.
The ALM & Liquidity Team is located is part of the Market & Liquidity Risk Department within the Prudential Risk Division.
To find out more and apply, please click here.
- Solvency II - Associate, Corporate Credit Specialist read more close
-
(Risk Grade C - £60,000 - £135,000)
Within PRD, the Credit Team is focused on providing expertise on overall firm credit risk for wholesale, retail and structured finance. The team focus ranges from portfolio quality, credit risk governance and management, decision-making, portfolio management, thematic reviews, structured finance (both vehicles and underlying assets) and stress testing. We work closely with the FSA's relationship management supervisory teams providing independent risk assessment reviews and market analysis to ensure prudential credit risk management and governance.
The opportunity to work on a secondment basis with the PRD Prudential Insurance Risk Department and to provide support as they assess and approve models related to Solvency 2 framework by reviewing, inter-alia, governance, processes and procedures. This will include drill down into how the firms work and monitor the assets and exposures booked as part of their business and to benchmark each firm against its peers.
To find out more and apply, please click here.
- Solvency II - Technical Specialist, Corporate Credit Specialist read more close
-
(Risk Grade D1 - £87,000 - £170,000)
Within PRD, the Credit Team is focused on providing expertise on overall firm credit risk for wholesale, retail and structured finance. The team focus ranges from portfolio quality, credit risk governance and management, decision-making, portfolio management, thematic reviews, structured finance (both vehicles and underlying assets) and stress testing. We work closely with the FSA's relationship management supervisory teams providing independent risk assessment reviews and market analysis to ensure prudential credit risk management and governance.
The opportunity to work on a secondment basis with the PRD Prudential Insurance Risk Department and to provide support as they assess and approve models related to Solvency 2 framework by reviewing, inter-alia, governance, processes and procedures. This will include drill down into how the firms work and monitor the assets and exposures booked as part of their business and to benchmark each firm against its peers.
To find out more and apply, please click here.
- Solvency II - Reinsurance Specialist read more close
-
(Actuarial Grade C - £60,000 - £118,000)
We are now developing our Solvency II internal model assessment approach and we seek more staff to help take this forward. We have a unique opportunity within the Prudential Risk Division for those with a reinsurance background, who may have capital modelling experience through ICAS or Solvency II projects. The role will involve work on Solvency II internal model development activity. You will be one of a group of specialist staff dedicated to progress the design and implementation of internal model assessment on behalf of the FSA.
To find out more and apply, please click here.
- Solvency II - Insurance Market Ratings Analyst read more close
-
(Actuarial Grade C - £60,000 - £118,000)
We are now developing our Solvency II internal model assessment approach and we seek more staff to help take this forward. We have a unique opportunity within the Prudential Risk Division for those with a background in assessing the credit rating of insurance and reinsurance companies, and who may have capital modelling experience through ICAS or Solvency II projects. This role will involve a focus on reviewing firms' assessment of credit risk as part of its internal model, providing effective and thorough challenge to ensure the risk has been appropriately modelled.
To find out more and apply, please click here.
- Solvency II - Market Risk, ALM Specialist read more close
-
(Actuarial Grade C - £60,000 - £118,000)
We are now developing our Solvency II internal model assessment approach and we seek more staff to help take this forward. We have a unique opportunity within the Prudential Risk Division for those with a background in assessing the credit rating of insurance and reinsurance companies, and who may have capital modelling experience through ICAS or Solvency II projects. The role will involve work on Solvency II internal model development activity. You will be one of a group of specialist staff dedicated to progress the design and implementation of internal model assessment on behalf of the FSA.
To find out more and apply, please click here.
- Solvency II - Senior Analyst, Life Actuarial Team read more close
-
(Actuary Grade C - £60-118k)
As a qualified actuary, you will have ICAS or Solvency II experience, along with strong knowledge of capital modelling and the risk framework within which it operates.
Broad experience of insurance firms and their capital modelling systems and processes would also be useful. Both a self-starter and a team player, you will have the ability to translate technical concepts into practical solutions and the well-developed stakeholder-management skills to influence and negotiate at the highest levels.
To find out more and apply, please click here.
- Solvency II - Associate, Capital Policy read more close
-
(Policy Grade C - £43,000 - £81,000)
This role involves leading, in respect of regulatory capital (also known as own funds), the overall transition from policy development to Handbook rules including work on cost benefit analysis as well as the gathering and analysing technical information relevant to own funds within Solvency II including the Quantitative Impact Studies (QIS). A major part of the role will be maintaining and promoting effective working relationships with colleagues working in other internal Solvency II project teams (including project board consultation panels) to explore issues and influence outcomes.
To find out more and apply, please click here.
- Solvency II - Associate, Group Policy read more close
-
(Policy Grade C - £43,000 - £81,000)
We have two vacancies for an associate or senior associate in the Groups Policy Team. The Groups Policy team is part of the Prudential Cross Sectoral Department in the FSA's Risk Business Unit. The Groups Policy Team is the FSA's source of expertise on the prudential framework for the supervision that applies to all FSA firms that are members of a group. The team provides advice and assistance to internal and external stakeholders on the scope of the framework and the prudential standards applied to groups. In addition to involvement in all aspects of the team's work, this role will offer particular responsibility for delivering implementation of the framework of capital adequacy requirements established by Solvency II for insurance groups into the FSA handbook.
To find out more and apply, please click here.
- Solvency II - Associates, Prudential Insurance Policy read more close
-
(Policy Grade C £43,000 - £81,000)
We have opportunities in the Prudential Insurance Policy Department (PIPD) for experienced insurance specialists. In particular we would be interested to hear from candidates with life and general insurance experience suitable for policy development and implementation, as well as experts with experience on insurance accounts or risk management.
The Department is responsible for 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.
To find out more and apply, please click here.
- Solvency II – Associate Supervisor, Reg B read more close
-
(Regulatory Grade B - £30,000 - £55,000)
At a critical time for the UK's financial sector, we are recruiting for a number of Supervisory positions at Associate level in order to help us to implement Solvency II successfully, as well as to continue to deliver our regular supervisory work. These roles entail engaging with the most senior levels of management in regulated firms, understanding their businesses, making risk-based judgements about the appropriate regulatory action to take in a variety of circumstances, communicating our expectations clearly to firms and ensuring that the intended outcomes are achieved.
To find out more and apply, please click here.
- Solvency II – Associate Supervisor, Reg C read more close
-
(Regulatory Grade B - £46,000 - £81,000)
At a critical time for the UK's financial sector, we are recruiting for a number of Supervisory positions at Associate level in order to help us to implement Solvency II successfully, as well as to continue to deliver our regular supervisory work. These roles entail engaging with the most senior levels of management in regulated firms, understanding their businesses, making risk-based judgements about the appropriate regulatory action to take in a variety of circumstances, communicating our expectations clearly to firms and ensuring that the intended outcomes are achieved.
To find out more and apply, please click here.
- Life Actuary read more close
-
(Actuarial Grade C - £80,000 - £110,000)
Regulation during a period of global financial crisis and significant change has created an exciting opportunity for experienced, high-calibre individuals to help drive the contribution of the Life Actuarial Team in supporting the Supervision and Policy areas within FSA.
With this backdrop, there is an exciting opportunity for a high-calibre individual with extensive post qualification experience, to help drive Life Actuarial forward in supporting and advising our Supervision and Policy areas through this period of significant regulatory change.
To find out more and apply, please click here.
- General Insurance Actuary read more close
-
(Actuarial Grade C - £80,000 - £110,000)
The Wholesale Firms Division supervises firms that operate predominantly in wholesale markets, including general insurers and reinsurers, investment firms, foreign banks and investment banks. The General Insurance Actuarial team sits in the Wholesale Insurance Department within this Division.
As an actuary in the Wholesale Insurance Department, you will have an individual portfolio of regulatory work, supporting supervisors.
To find out more and apply, please click here.