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Deeper command of the Solvency II internal model validation

$199.00
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A tailored course, built for your situation

Deeper command of the Solvency II internal model validation

Master the framework, own the validation narrative, and lead with authority in every capital assessment cycle

$199 one-time
24-hour access provisioning 30-day money-back guarantee Hand-built implementation playbook
12 modules. 12 chapters per module. 144 chapters total.
12 modules, each with 12 chapters (144 chapters total), text-based, plus downloadable templates and a hand-built implementation playbook delivered alongside course access.

Who this is for

Senior actuarial and risk governance practitioner leading teams through Solvency II internal model reviews and capital validation cycles

Who this is not for

Junior analysts, external auditors, or professionals outside insurance capital modelling and Solvency II compliance frameworks

What you walk away with

  • Full command of Solvency II internal model validation expectations across EIOPA guidelines and NCAs
  • Source-backed reasoning for challenging model assumptions without escalation
  • Documented validation playbook with reusable artefacts for QA, ORSA, and peer reviews
  • Specific examples on hand for justifying model adjustments under Pillar I thresholds
  • Sharper narrative control during review cycles with no deferral to external consultants

The 12 modules (with all 144 chapters)

Module 1. Solvency II internal model lifecycle
Map the full validation cycle from model design to sign-off, including NCA feedback loops and internal audit touchpoints.
12 chapters in this module
  1. Model purpose and scope definition
  2. Validation scope alignment with ORSA
  3. EIOPA template mapping
  4. Internal governance gates
  5. Review cycle timing
  6. Stakeholder input integration
  7. Model change tracking
  8. Version control protocols
  9. Documentation standards
  10. Peer challenge framework
  11. Escalation thresholds
  12. Sign-off authority patterns
Module 2. Pillar I calibration thresholds
Master the technical thresholds for market risk, credit risk, and operational risk under Solvency II calibration rules.
12 chapters in this module
  1. Market risk submodules
  2. Interest rate shock assumptions
  3. Equity shock bands
  4. Credit spread corridors
  5. Operational risk scaling
  6. Look-through requirements
  7. Diversification benefit limits
  8. Aggregation methodologies
  9. Capital floor implications
  10. Calibration benchmark sources
  11. NCA divergence tracking
  12. Model boundary documentation
Module 3. Internal model validation design
Structure validation packs that anticipate reviewer questions and embed challenge into the process.
12 chapters in this module
  1. Validation objective definition
  2. Assumption challenge templates
  3. Sensitivity testing design
  4. Back-testing protocols
  5. Benchmarking standards
  6. Model drift detection
  7. Input data lineage
  8. Output stability checks
  9. Documentation completeness
  10. Peer sign-off workflows
  11. Challenge escalation paths
  12. Sign-off deferral prevention
Module 4. ORSA alignment strategies
Align internal model outputs with ORSA narratives to strengthen enterprise-wide risk reporting.
12 chapters in this module
  1. ORSA integration points
  2. Risk appetite linkage
  3. Stress test mapping
  4. Narrative consistency
  5. Governance alignment
  6. Board-level summary prep
  7. Assumption transparency
  8. Scenario comparability
  9. Capital projection horizon
  10. Risk mitigation linkage
  11. Action trigger definition
  12. Reporting cadence sync
Module 5. Model documentation standards
Build documentation that passes review without rework and withstands personnel changes.
12 chapters in this module
  1. Documentation taxonomy
  2. Model purpose statement
  3. Assumption register
  4. Data lineage mapping
  5. Methodology transparency
  6. Parameter sourcing
  7. Sensitivity analysis
  8. Limitations disclosure
  9. Version control
  10. Review history tracking
  11. QA feedback loop
  12. Stakeholder annotations
Module 6. QA and peer review workflows
Design peer review processes that surface real issues without delaying sign-off.
12 chapters in this module
  1. Reviewer selection criteria
  2. Challenge calibration
  3. Anonymized feedback
  4. Disagreement resolution
  5. Follow-up tracking
  6. Consensus thresholds
  7. Review cycle timing
  8. Escalation triggers
  9. Documentation requirements
  10. Feedback integration
  11. Model revision tracking
  12. Sign-off confirmation
Module 7. NCA engagement preparation
Prepare for regulatory validation with confidence using precedent-based responses.
12 chapters in this module
  1. NCA response templates
  2. Common query patterns
  3. Evidence bundling
  4. Timeline management
  5. Internal alignment
  6. Position paper drafting
  7. Assumption defence
  8. Model boundary justification
  9. Risk aggregation explanation
  10. Calibration rationale
  11. Floor impact statement
  12. Escalation protocols
Module 8. Model change management
Manage updates and revisions without triggering full re-validation.
12 chapters in this module
  1. Change classification
  2. Materiality thresholds
  3. Documentation updates
  4. Peer review triggers
  5. Stakeholder notification
  6. Version control
  7. Back-testing after changes
  8. Regulatory notification
  9. Impact assessment
  10. Approval workflows
  11. Change log maintenance
  12. Audit trail completeness
Module 9. Sensitivity and stress testing
Design robust stress tests that reflect real-world shocks and support capital decisions.
12 chapters in this module
  1. Scenario selection
  2. Historical shocks
  3. Forward-looking assumptions
  4. Correlation shifts
  5. Liquidity stress
  6. Market disruption
  7. Credit migration
  8. Operational disruption
  9. Aggregation rules
  10. Capital impact calculation
  11. Narrative alignment
  12. Reporting thresholds
Module 10. Governance gate design
Structure internal governance stages that prevent downstream delays.
12 chapters in this module
  1. Gate definition
  2. Sign-off authority
  3. Documentation requirements
  4. Challenge integration
  5. Escalation paths
  6. Timeline enforcement
  7. Stakeholder input
  8. Risk appetite check
  9. Model alignment
  10. Audit readiness
  11. Version control
  12. Gate closure confirmation
Module 11. Challenge that sticks
Develop technical and narrative arguments that stop deferrals and escalations.
12 chapters in this module
  1. Evidence bundling
  2. Assumption challenge
  3. Sensitivity justification
  4. Precedent citation
  5. Regulatory alignment
  6. NCA benchmarking
  7. Risk appetite linkage
  8. Capital impact clarity
  9. Model boundary defence
  10. Peer review integration
  11. Escalation avoidance
  12. Narrative control
Module 12. Validation playbook finalization
Assemble a living validation playbook that compounds expertise across cycles.
12 chapters in this module
  1. Template integration
  2. Artefact library
  3. Version control
  4. Team onboarding
  5. Review cycle prep
  6. Stakeholder mapping
  7. Challenge archive
  8. Precedent database
  9. QA integration
  10. Audit trail
  11. Update protocols
  12. Knowledge retention

How this maps to your situation

  • When preparing for NCA validation
  • During internal model review cycles
  • After model changes or updates
  • When onboarding new team members

Before vs. after

Before
Relying on fragmented knowledge and reactive adjustments during Solvency II model reviews
After
Owning the validation narrative with a documented, repeatable playbook grounded in full framework command

What's included with your purchase

  • 12 modules with 12 chapters each (144 chapters)
  • Downloadable templates and worked examples for every module
  • Hand-built implementation playbook delivered alongside course access
  • 30-day money-back guarantee

Delivery and format

  • Course and learning environment access provisioned within 24 hours of purchase
  • Hand-built implementation playbook delivered alongside course access

Format: Text-based modules and chapters in the Art of Service learning environment, plus downloadable templates and worked examples for every chapter, plus the hand-built implementation playbook delivered alongside course access.

Time investment: Approximately 2.5 hours per week over 12 weeks, with self-paced access.

If nothing changes
Without structured command of Solvency II internal model validation, teams risk delayed sign-offs, repeated rework, and reliance on external consultants to close reviewer gaps.

How this compares to the alternatives

Unlike generic Solvency II overviews, this course delivers practitioner-grade validation techniques, specific to internal model sign-off cycles and built for team leads who own outcomes.

Frequently asked

Who is this course for?
Senior risk and actuarial practitioners leading internal model validation under Solvency II, especially those managing team-level sign-off and NCA engagement.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Is this relevant for IFRS 17 teams?
While focused on Solvency II, the validation design and governance techniques transfer to IFRS 17 model reviews.
$199 one-time. Approximately 2.5 hours per week over 12 weeks, with self-paced access..

Within 24 hours your account in the learning environment is provisioned and the tailored implementation playbook is delivered alongside it.

30-day money-back guarantee· 144 chapters· Hand-built playbook included· Account access within 24 hours
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