The Solvency II regime introduced on 1 January 2016 is a harmonised, sound and robust prudential framework for insurance firms in the EU. It is based on the risk profile of each individual insurance company in order to promote comparability, transparency and competitiveness.
Finalyse offers you a comprehensive set of managed services and tailored solutions. Partner with Finalyse and let us take care of your compliance with Solvency II regulations.
Assist with the calculation of technical provisions including assessing appropriateness of the methods, models, assumptions and data and populating QRT's, SFCR and RSRs.
Capital Modelling support:
Production of the Solvency II Capital Requirements and supporting analysis including maintaining capital model is maintained in line with the internal governance framework systems.
Capital planning and capital optimization, production of ORSA projections and stresses, communicating complex concepts and recommendations to multiple stakeholders and influencing decisions through sound analytical rationale.
Specifying asset classes, defining objectives and constraints, forming capital market expectations, establishing asset class bandwidths, validating the optimal allocation and optimizing the asset mix.
Strategic and operational:
Actuarial support on strategic initiatives, streamline the actuarial process and enhancements to the Actuarial Function including policies, processes and tools.
Review of assumptions, methodologies, material uncertainties and potential deteriorations, expert judgement, appropriateness of models and reasonableness of the HoAF’s conclusions.
Francis is a Principal Consultant in charge of our Insurance practice in Dublin. He has 15 years of experience within the life and non-life (re)insurance industry as an actuary. His expertise covers the areas of financial reporting, prudential regulation and actuarial modelling. Francis has worked in both industry and consulting with extensive exposure to domestic and international clients and a keen eye on new regulatory developments.
François-Xavier is a Principal Consultant with advanced expertise in Financial Markets, ALM and Risk Management, covering both banks and insurance companies. On the banking side, François-Xavier is a practice leader on Valuation, IRRBB, FRTB, VaR, Initial Margin and Counterparty Risk, well acquainted with the regulatory requirements and the market practices surrounding market risks. On the insurance side, François-Xavier has extended experience in the regulatory treatment of financial instruments, ORSA, and hedging balance sheets against interest rate, credit spread and inflation risks.
Evelyn McNulty is a qualified actuary with over 13 years’ experience in the insurance industry. Evelyn is currently supporting multinational non-life insurer in climate change risk management design and was involved in SAS IFRS 17 Solution implementation projects. Evelyn has a broad range of experience including financial and regulatory reporting (Solvency II, GAAP, MCEV), capital modelling (SCR, ORSA), leading client audits, process improvements and data analysis, with proficiency in Prophet and VBA.
Bence is a senior actuary with 20+ years of experience in life actuarial science and reporting in Solvency II, IFRS, BMA EBS and ICS regulations. His focus has been on actuarial and risk modelling - including capital projections, market risk management and internal model validation – and ERM framework design. Bence delivers business transformation, reinsurance, new authorisation and M&A projects and is keen on applying machine learning and data analytics for actuarial use cases.