Solvency II Regulation Course Applied to Mobility
300-hour online course in Solvency II regulation applied to mobility. 6 modules covering Directive 2009/138/EC (Solvency II), Delegated Regulation (EU) 2015/35 and R. Assigned tutor and open enrolment.
Solvency II Regulation Course Applied to Mobility — studying from Ireland
Ireland is an established international hub for insurance, reinsurance and captive insurance, with Dublin hosting a large concentration of insurers, brokers and actuarial functions. The Central Bank of Ireland regulates insurance undertakings and the sector's solvency and conduct requirements. Engineers and analysts in this area work on risk modelling, catastrophe analysis, pricing and data-driven underwriting, often combining technical, statistical and regulatory expertise. Professional qualifications and standards are maintained by the Society of Actuaries in Ireland and related bodies.
Fees for Ireland: €448 (Euro), with instalments and employer sponsorship available.
Relevant bodies in Ireland
Typical roles
Questions from Ireland
Which professional bodies in Ireland relate to this area, and is this qualification recognised by them?
In Ireland, actuarial work is associated with the Society of Actuaries in Ireland, and risk and data professionals may also look to bodies such as the Institute of Banking. SEIUM's qualifications are private and not accredited by any national body, so they do not confer membership or exemptions from these bodies. Confirm any exemption policies directly with the relevant institute before enrolling.
How is training like this typically viewed by employers in Ireland's insurance and risk sector?
Insurers and financial firms in Ireland generally value recognised professional qualifications most highly. A private online qualification is judged on its content and on your demonstrated skills, including your final project. Employers decide whether it is relevant to a given role, so it is best used to support existing experience rather than as a standalone credential.
What is the practical workload and language requirement for studying this online?
Programmes are taught entirely in English and delivered 100% online, so you can study from anywhere in Ireland or abroad. Workload depends on the programme length: specialist courses are 300 hours, postgraduate diplomas 800 hours and master's programmes 1,900 hours. Each student has an assigned technical tutor, and fees can be paid in instalments.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Describe the three-pillar structure of the European solvency regime.
Calculate the capital requirement using the standard formula.
Apply the premium and reserve risk modules to mobility portfolios.
Implement governance requirements and key functions.
Prepare quantitative and qualitative information for the supervisor.
Use the ORSA in business decision-making.
Prepare a solvency assessment project for a mobility insurer.
Who it's for
- Solvency actuary looking to specialise in Solvency II regulation applied to mobility.
- Risk analyst at insurers looking to specialise in Solvency II regulation applied to mobility.
- Head of the actuarial function looking to specialise in Solvency II regulation applied to mobility.
- Regulatory reporting analyst looking to specialise in Solvency II regulation applied to mobility.
- Capital manager looking to specialise in Solvency II regulation applied to mobility.
- Solvency II consultant looking to specialise in Solvency II regulation applied to mobility.
- Engineering or science graduates seeking to enter motor insurance.
What you'll work with
- Directive 2009/138/EC (Solvency II)
- Delegated Regulation (EU) 2015/35
- Directive (EU) 2025/2 (Solvency II review)
- Law 20/2015 (LOSSEAR)
- Royal Decree 1060/2015 (ROSSEAR)
- EIOPA guidelines on the own risk and solvency assessment (ORSA)
6 modules · 300 h
1.1Objectives and three-pillar structure1.2Scope and proportionality1.3Economic balance sheet and valuation1.4Technical provisions: best estimate and risk margin1.5Own funds and their classification1.6Solvency capital and minimum capital1.7Vocabulary and acronyms in the field1.8Supervision and intervention ladder1.9Regulatory developments and reviews1.10Exercise: reading an economic balance sheet
2.1Standard formula and its structure2.2Non-life underwriting module2.3Premium and reserve risk2.4Catastrophe risk and its scenarios2.5Market module and its sub-modules2.6Counterparty default risk2.7Operational risk2.8Loss-absorbing capacity adjustments2.9Undertaking-specific parameters2.10Practice: simplified calculation of one module
3.1Segmentation of business lines3.2Claims provisions and their best estimate3.3Claims volatility in mobility3.4Catastrophe exposure in fleets3.5Effect of reinsurance on the calculation3.6Late reporting risk3.7New portfolios and scarce data3.8Usage-based products and their treatment3.9Sensitivity of results3.10Practice: calculation for a fleet portfolio
4.1System of governance and key functions4.2Actuarial function and its reports4.3Risk management and risk appetite4.4Own risk and solvency assessment4.5Internal control and compliance4.6Outsourcing and its control4.7Data policy and data quality4.8Fit and proper requirements4.9Policy documentation4.10Practice: outline of an internal assessment
5.1Periodic reporting templates5.2Reporting to the supervisor and the public5.3Calendar and deadlines5.4Data validation and controls5.5Dialogue with the supervisor5.6Using the framework in business decisions5.7Effect on pricing, product and reinsurance5.8Recovery plans5.9Trends and review of the framework5.10Practice: structure of the public report
6.1Choosing the undertaking and the portfolio6.2Building the economic balance sheet6.3Module-based capital calculation6.4Analysis of the reinsurance effect6.5Own risk assessment6.6Reporting plan and controls6.7Using the result in a decision6.8Monitoring indicators6.9Project report6.10Project defence
How you'll learn
100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: students progress at their own pace within the intake, which makes it possible to combine the course with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is R, Python (pandas), Tagetik, advanced Excel, Arelle (XBRL validation), in free, academic or evaluation versions. The case studies draw on real procedures for calculating the non-life underwriting SCR, preparing reporting templates and ORSA exercises on motor portfolios. Assessment is continuous across modules, plus the final integrating project.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Describe the three-pillar structure of the European solvency regime.
Calculate the capital requirement using the standard formula.
Apply the premium and reserve risk modules to mobility portfolios.
Implement governance requirements and key functions.
Prepare quantitative and qualitative information for the supervisor.
Where this takes you
Requirements
- No prior degree is required.
- Internet connection and a computer capable of running the programme's software.
- Sufficient level of Spanish to follow technical regulatory texts.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme comprises 300 hours in total, spread over 3 to 5 months. That is an average of 10 to 15 hours a week, compatible with a full-time job.
You will work with R, Python (pandas), Tagetik, advanced Excel and Arelle (XBRL validation). Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.
A SEIUM diploma upon passing the continuous assessment and the integrating project. It is in-house training, not an official qualification from the Ministry.
Yes. Modules passed in a course or Postgraduate Diploma in the same area are recognised within the advanced programme. Check the recognition policy when you enrol.
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