Insurance
Skill packages tagged with “Insurance”
FCA Consumer Duty — Fair Value Assessment
Elaborate and validate Fair Value Assessments (FVAs) for UK retail banking and insurance products under the FCA Consumer Duty. Covers PRIN 2A, FG22/5, required FVA sections, price-vs-value and vulnerable-customer consideration. Works alongside disclosure (plain English) and customer-journey (sludge) checks.
Insurance coverage memo
Draft and validate coverage opinion memos (Facts, Policy, Analysis, Conclusion) with policy citations.
Insurance policy summary
Produce and validate structured insurance policy summaries (coverage, limits, exclusions, conditions, notice). Reduces E&O risk by ensuring critical sections and notice provisions are present.
SFCR Solvency II (Pillar 3)
Supports preparation and review of the Solvency and Financial Condition Report (SFCR) for EU insurance and reinsurance undertakings under Solvency II Pillar 3, including QRT consistency checks and MCR/SCR ratio validation.