Solvency UK - Secondment
Date Posted: 22/03/2024
Location: London
Job Type: Full time
Apply NowPurpose
To work on the Solvency UK project and act as the workstream lead for the matching adjustment attestation workstream.
The role
Lead successful development of methodology, managing technical SMEs, to support the credit attestation process under Solvency UK as per required regulatory timetable, and support development of methodology for incorporation of assets with non-fixed cashflows in Matching Adjustment portfolio.
Examples of Key Activities:
- Attendee at ALCO, Credit Committee, Insurance Committee and Matching Adjustment Committee as required.
- Delivery of key Solvency UK reform deliverables for credit risk, mainly focussed on the matching adjustment attestation workstream
Skills and Knowledge
- Excellent problem analysis and resolution skills
- Good understanding of the products/services provided by the Group, their risks and their capital requirements
- Good industry knowledge of the markets within which Group operates
- Good understanding of the operating systems and processes within the Group
- Ability to maintain competence and up to date knowledge
- Strong understanding of risk management and Solvency II framework
- Ability and experience of modelling investment risk on liquid and illiquid investments
- Ability to lead and influence others
Experience
- Extensive life industry experience
- Specific experience in credit risk
- Experience in managing technical teams and projects