Tag Archives: Solvency 2

IFRS 17 to be more costly than Solvency II

May 2018 The overwhelming majority of UK insurers believe the incoming reporting standard IFRS 17 will be more costly than the Solvency II directive, new research has found. A survey of … Find out more…

Posted in Uncategorized | Tagged , , , , , , , , , , , | Comments Off

EC regulatory reforms to ‘level Solvency II playing field’

September 2017  UK carriers looking to establish EU subsidiaries for Brexit face less room for manoeuvre after the European Commission (EC) issued plans to bolster the bloc’s financial regulators at … Find out more…

Posted in Uncategorized | Tagged , , , , , , , , , | Comments Off

EU watchdog warns against ‘letterbox entities’

6th June 2017 The EU securities and markets regulator has warned national watchdogs against companies hoping to set up thinly staffed “brass plaque” entities ahead of Brexit. In an advisory … Find out more…

Posted in Uncategorized | Tagged , , , , , , , , , , , | Comments Off

AM Best shuns Solvency II model use in ratings

22 May 2017 AM Best has said it will not directly use Solvency II results in its rating assessments over concerns the regime does not provide an accurate picture of … Find out more…

Posted in Uncategorized | Tagged , , , , , , , , | Comments Off

Solvency II Accountant

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. This role will be supporting the Solvency … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , | Comments Off

Syndicate Financial Controller

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Lloyd’s existing “business as usual “reporting – … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , | Comments Off

SII Reporting Accountant

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Job Summary: To assist in the production … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , | Comments Off

Insurance Technical Accountant

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Part Qualified Accountant studying ACCA / CIMA … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , | Comments Off

UK insurers need more time for SII compliance: PRA

May 2015 Prudential Regulation Authority (PRA) CEO Andrew Bailey has said insurers in the UK require more time to comply fully with the new Solvency II capital rules, as the … Find out more…

Posted in Uncategorized | Tagged , , , , , | Comments Off

PRA warns of Solvency II work ahead

May 2015 The Prudential Regulation Authority (PRA) has warned that many UK insurance companies still have a “considerable amount of work” to do in preparation for the implementation of Solvency … Find out more…

Posted in Uncategorized | Tagged , , , , , | Comments Off

Financial Controller (Projects & SII)

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Successful P&C insurer looking to recruit an … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , , , , , , | Comments Off

Actuarial Reserving Accountant – c. £70,000 pa

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Hugely successful Insurance Company requires a Qualified … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , | Comments Off

Regulatory Accountant

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Hugely successful International Insurer requires a Qualified … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , , , , , , , , | Comments Off

Business Analyst

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Business Analyst contractor with knowledge of Lloyd’s … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , , , , , , , , , , , | Comments Off

Project Accountant – Contract

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Project Accountant contractor with knowledge of Lloyd’s … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , , , , , , , , , , , | Comments Off

Regulatory Accountant – c. £80,000 pa

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Hugely successful International Insurer requires a Qualified … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , , , , | Comments Off

Senior Technical Accountant – c. £90,000 pa

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Large International Insurer requires a Qualified accountant … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , , , , , , | Comments Off

Group Accountant – c. £70,000 pa

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Successful London Market Insurance Company requires a … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , | Comments Off

European Insurers Undergo New Solvency II Stress Test

7 May 2014 The European Insurance and Occupational Pensions Authority (Eiopa) has announced a new EU-wide stress test for the insurance sector aimed at assessing its overall resilience. The test … Find out more…

Posted in Uncategorized | Tagged , , , , | Comments Off

UK regulator unveils tight Solvency II criteria

28 April 2014 The UK’s Prudential Regulation Authority (PRA) has unveiled strict criteria governing the way that general insurers will be required to calculate their technical provisions and internal models … Find out more…

Posted in Uncategorized | Tagged , , , , | Comments Off

Regulatory Accountant – c. £90,000

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Major US Insurance Company require an ACCA/ACA/CIMA … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , , , , , | Comments Off

Almost 80% on course for Solvency II deadline: EY

16 April 2014 Nearly 80 percent of European insurers expect to meet Solvency II requirements by the implementation deadline of 1 January 2016, according to a survey conducted by EY. … Find out more…

Posted in Uncategorized | Tagged , , | Comments Off

Solvency II approval shifts focus

17 March 2014 The European Parliament has approved a key part of the European Union’s Solvency II capital regime for (re)insurers, keeping the new rules on track to come into … Find out more…

Posted in Uncategorized | Tagged , , | Comments Off

Draft Solvency II plans could harm insurers

12 March 2014 Sergio Balbinot, the president of industry lobby group Insurance Europe, has warned that draft measures aimed at implementing the European Union’s Solvency II capital regime will have … Find out more…

Posted in Uncategorized | Tagged , , | Comments Off

Management Accountant (FTC) £90,000

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Accountabilities – To be part of a … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , , , | Comments Off

Head of Risk Management and Solvency II Lead

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Our client, a well established insurance business, … Find out more…

Posted in Career Opportunities | Tagged , , , , , | Comments Off

Europe reaches agreement on Solvency II rules

14 November 2013 European politicians have struck a provisional deal that could introduce new rules to the Solvency II framework. Last night’s agreement on the Omnibus II directive, the legislation … Find out more…

Posted in Uncategorized | Tagged , , | Comments Off

EC formally extends Solvency II deadline ….

EC formally extends Solvency II deadline ‘one last time’ to 2016 2 October 2013 The European Commission (EC) has published a formal blueprint for a 1 January 2016 coming-into-force date … Find out more…

Posted in Uncategorized | Tagged , , , , | Comments Off

Solvency II vote delayed to 2014

6 September 2013 The European Parliament has delayed the plenary sitting on Solvency II changes from October this year to 3 February 2014. In a widely anticipated move, the Parliament … Find out more…

Posted in Uncategorized | Tagged , , | Comments Off

Solvency II held back once again by capital concerns

3 July 2013 It was the Germans who first coined the phrase Solvency 1.5 and developments last month suggest that it may well be the Germans that ensure that only … Find out more…

Posted in Uncategorized | Tagged , , , | Comments Off

Solvency II Contract

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Major City based Insurance company require an … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , , | Comments Off

Solvency II is still needed, says Standard & Poor’s

15 May 2013 New rules governing Europe’s insurance industry are still needed despite the damage to investor confidence being caused by delays to their introduction, Standard & Poor’s said today. … Find out more…

Posted in Uncategorized | Tagged , , , | Comments Off

Regulatory Reporting / Systems Accountant

  Principal Duties and Responsibilities  Regulatory Reporting Development of SII Regulatory Reporting Systems Development of new systems to comply with IFRS regime and any new regulatory requirements Responsible for completion/submission … Find out more…

Posted in Uncategorized | Tagged , , , , , , , , , | Comments Off

Key Solvency II vote pushed back until October

Key Solvency II vote pushed back until October 21 February 2013   A key vote which is needed for the new rules governing Europe’s insurance industry, Solvency II, to be … Find out more…

Posted in Uncategorized | Tagged , , | Comments Off

Senior Insurance Internal Auditor

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Job Description A top London Market insurer … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , , , , | Comments Off

Technical Accountant

This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Job Description Large International Insurer requires a … Find out more…

Posted in Career Opportunities | Tagged , , , , , , , , | Comments Off

Syndicate Accountant – Contract

  This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants. Role Description The purpose of this … Find out more…

Posted in Career Opportunities | Tagged , , , , | Comments Off

Senior Ratings & Solvency II Accountant – London Market

  This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.   This role sits within the … Find out more…

Posted in Uncategorized | Tagged , , , , , | Comments Off

BU Engagement Manager – Life Insurance

  This role has now been filled. For information regarding similar roles we are currently working on, please speak with one of our Consultants.   The BU Engagement Manager is responsible for … Find out more…

Posted in Uncategorized | Tagged , , , , | Comments Off