Job Description
WE ARE HIRING
ASSISTANT MANAGER – LIFE INSURANCE & SPECIAL PROJECTS
JOB ROLE & RESPONSIBILITIES
- Oversee servicing of existing life insurance policies including policy changes, renewals, and claims processing.
- Ensure timely and accurate processing of all policy-related transactions.
- Handle customer inquiries and resolve concerns related to policy servicing.
- Develop and implement processes to ensure compliance with regulatory requirements.
- Manage preparation and submission of Risk-Based Capital (RBC) Quarterly Reports.
- Coordinate with relevant departments to gather data required for RBC reporting.
- Identify and assess risks related to policy servicing and regulatory compliance.
- Communicate with regulatory authorities and respond to inquiries when required.
CANDIDATE PROFILE
- Part Professional insurance qualification will be an advantage.
- Minimum 5 years of experience in the Life Insurance industry.
- Strong understanding of life insurance products, including policy provisions, riders, and benefits.
- Strong analytical skills, especially in RBC calculations and reporting.
- Proficiency in Microsoft Excel (advanced level), Word, and industry-specific policy administration systems.
HOW TO APPLY
Interested candidates are invited to forward their detailed CV with two non-related referees and the position applied in the subject line of the email within 7 days of this advertisement.
Email: careers@mbslinsurance.lk
Location: Colombo (Head Office)
Remuneration: A remuneration package commensurate with the applicant's profile.
Note: Only shortlisted candidates will be notified. Canvassing is an immediate disqualification.
About MBSL
Human Resources Division
MBSL Insurance Company Limited
No. 519, T. B. Jayah Mawatha, Colombo 10
Web: www.mbslinsurance.lk
MBSL Insurance Company Limited (MBSLI) is a subsidiary of Merchant Bank of Sri Lanka and Finance PLC and an associate company of Bank of Ceylon.