About CPD: Solvency II Advanced - Pillar II: Actuarial Function (16/06/2026) - 2 CPD

IA|BE Solvency II Advanced Pillar II - Actuarial Function

The Actuarial Function is one of the four key functions under Solvency II and plays a central role in the governance and risk management framework of every insurer. While its responsibilities are broadly defined in the Directive covering the calculation of technical provisions, the assessment of underwriting and reinsurance policy, and contributions to the ORSA the practical implementation raises many questions around scope, independence, documentation and the interaction with other functions. This session provides a rigorous treatment of the Actuarial Function under Pillar II, covering the regulatory requirements, the organisational positioning and the key deliverables expected by supervisors. You will examine the content and quality standards for the Actuarial Function report, the role of the Actuarial Function in validating technical provisions and challenging the work of other functions, and how the function interacts with risk management, internal audit and the board. 

This session is suited for actuaries and insurance professionals involved in or working closely with the Actuarial Function at insurers or reinsurers, including those responsible for technical provisions, risk management or internal governance.

Practical info

The session will be delivered in English, and a Teams link will be shared two days prior to the session.