![]() |
The Association of British Insurers (ABI) has welcomed the Prudential Regulation Authority’s (PRA) proposal to make improvements to the Solvency II regime, less than two years after its implementation. |
The PRA has begun by consulting on the Matching Adjustment (MA), which helps insurers invest in long-term assets as a natural match to their long-term liabilities. This is one of a number of areas where the ABI has been calling for the regulator to make targeted improvements as the new regime beds in, and could lead to changes in the new year. The PRA has also committed to making further improvements to other areas the ABI has highlighted, including on internal model change, and on the burden of Solvency II reporting. ABI Head of Prudential Regulation, Steven Findlay, says: “Solvency II has been in force for almost two years – and it is sensible for the PRA to now review and improve it. “The industry has consistently and unanimously highlighted concerns about the rigid nature of the matching adjustment, the burden firms face when trying to keep their internal model up-to-date and the excessive cost of regulatory reporting. “The ABI has worked closely with the PRA over the summer on each of these areas. These proposals, which address a number of our recommendations, are an important step forward. “We look forward to further proposals from the PRA to address other areas of concern” |
|
|
|
BPA Data Specialist | ||
South East / hybrid 3dpw office-based - Negotiable |
Actuarial Valuations Analyst (Life) | ||
Scotland / hybrid 2-3 dpw office-based - Negotiable |
Calling all actuarial associates! | ||
Flex / hybrid - Negotiable |
Actuarial Systems Manager | ||
South East / hybrid 3dpw office-based - Negotiable |
Actuarial Systems Consultant | ||
South East / hybrid 3dpw office-based - Negotiable |
Multiple Pensions Contracts | ||
London/Scotland/Remote - Negotiable |
Actuarial modelling expert - life ins... | ||
UK flex / hybrid 2-3 dpw office-based - Negotiable |
Professional Trustee | ||
London or Manchester / Hybrid 3dpw office-based - Negotiable |
Professional Trustee | ||
London or Manchester / Hybrid 3dpw office-based - Negotiable |
Products Expert - Life Insurance | ||
Scotland / hybrid 2 days per week office-based - Negotiable |
Senior Capital Modelling Actuary | ||
London - £150,000 Per Annum |
Senior Pricing Actuary | ||
Fully remote - Negotiable |
STAR EXCLUSIVE: GI model validation lead | ||
Flex / hybrid 1 dpw office-based - Negotiable |
NEW: In-house Pensions Actuary role | ||
London or North East with flexi working - Negotiable |
Scheme Actuary | ||
South East / hybrid 2 dpw in the office - Negotiable |
Varied Pensions Actuarial Manager | ||
UK-wide / hybrid 2 dpw office-based - Negotiable |
Investment Consultant | ||
South West / hybrid 2 dpw office-based - Negotiable |
Senior Actuarial Trainee - BPA | ||
Flex / hybrid 2-3 dpw office-based - Negotiable |
BPA Pricing Lead | ||
Flex / hybrid with 2 days p/w office-based - Negotiable |
BPA Pricing Actuaries | ||
Flex / hybrid 2-3 dpw office-based - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.