Internal Model SCR is a dedicated quantitative review of syndicate models and outputs as a key input to the LIM Primary Audience: Risk management function, Actuarial function, Capital modelling actuaries
Focuses on ensuring syndicate models produce an appropriately calibrated SCR and that models are demonstrably compliant with the relevant tests and standards of the Directive.
Primary Audience: Risk management function, Actuarial function, Capital modelling actuaries, IT departments
Focuses on ensuring the Internal Model is adequately controlled and robust processes and governance structures are in place.
Primary Audience: Risk management function, risk managers, compliance managers, Internal audit
Focuses on ensuring the quality and integrity of the overall LIM application by ensuring that all agents prepare sufficient and appropriate evidence.
Useful for: Programme managers, Senior Nominated Persons