Compliance review of Solvency 2 regulation changes - on & off site.

Project status
Project start date
Not specified
Project posted
25 Nov 2014 14:08
Project duration (approx.)
44.0 Days
Budget (approx.)
£500 / day
Industry
Financial Services , Insurance
Area of expertise
Analyst / Research , Legal / Compliance
Consultant location
On-site
Location
United Kingdom

Objectives and Key Deliverables

1.      
Compliance review of Solvency 2 regulation
changes – this is a desk based role to conduct a side by side comparison of the
Solvency 2 legislation over approximately a 2 month period.  Some may be
done remotely, the split is likely to be three days on site in Reigate and two days
working from home.   The Consultant must have some regulatory / compliance
experience.  This project would suit an analytical individual who can work
independently with very strong focus and drive to undertake this administrative
heavy, time consuming and very important piece of work.

 

 

1.      
Regulatory Foundations – There are a
number of regulatory foundations that must be in place for us to achieve S2
compliance by 1/1/16.  These cover a wide range of areas including:

a.       Documented
evidence of training and competence for individuals in key functions

b.      Prudent
person principle

c.       Remuneration
approaches

In addition to the status of
these foundations not all being known, many of the regulatory requirements have
evolved over the course of the S2 programme and during the last regulatory
policy review.  In order to be 100% sure that we have covered all requirements
a detailed piece of comparative analysis is needed followed by a gap
analysis.  The regulatory documentation extends into several hundred pages
so this will be time consuming. 

 

This is an urgent requirement and
any applicants must be available to work immediately with the ability to commit
for up to 8 weeks full time - the project could take up to 12 weeks.



Requirement: Do you have some regulatory / compliance experience?
Desired response: Yes

Requirement: Are you available for work immediately and for a 2 month period?
Desired response: Yes

Requirement: Can you commute to Reigate a minimum of three times a week and more if required?
Desired response: Yes

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