Description
Solvency II Risk Consultant
We are currently looking for a senior solvency II risk consultant to work with the Solvency II team in order to provide expertise on validation of content related to insurance risk across the group.
Sections of responsibilities include:
1) Risk Management Systems for RSR and SFCR
- Validation of the insurance risk policy input
- Development of the process and procedures document from a group viewpoint
2) Insurance risk for RSR and SFCR
- Work with risk teams to gain an input of material insurance risks (input from the risk profile as appropriate)
- Work with insurance Risk teams to gain an input of concentrations( this will also link to quantitative reporting templates)
- confirm or validate as appropriate the inputs for insurance risk stress testing outputs.
3 QRT (Quantative reporting templates)
- Contributing to the consolidated inputs from credit, investments and re-insurance.
Other areas of the role will involve:
Risk Appetite/Risk Strategy
*Review of Risk Appetite and Risk Strategy from an Insurance Risk perspective
*Provide input to the development of the revised Risk Appetite for Insurance Risk
*Development of quantitative measures for the revised Risk Appetite
Stress and Scenario Testing -Model Validation
*Provide guidance to the Regions on the appropriate scenarios for Insurance Risk
*Review Regional outputs for each insurance risk scenario
Skills/Experience
- Extensive Solvency II experience
- Stress Testing and Scenario Testing
- Financial Services experience
- Various Risk Management Systems
- Extensive Group Risk Management