Deputy General Manager - Underwriting

Banking / Insurance / Financial Services

About the Employer

Job Description

DEPUTY GENERAL MANAGER - UNDERWRITING

Sri Lanka Insurance General is backed by decades of industry expertise and the country's most experienced insurance sector technical knowledge base. Join a team of highly qualified and most experienced professionals in the country to experience unparalleled opportunities for career growth and personal development opportunities within a performance-driven culture.

Main Responsibilities

  • Support the achievement of budgeted Gross Written Premium (GWP) targets while maintaining planned profitability and the Combined Operating Ratio (COR).
  • Ensure the timely issuance of quotations and policies in line with underwriting standards.
  • Oversee and supervise all underwriting practices and procedures related to the General Insurance Division.
  • Manage and coordinate pre-underwriting survey activities carried out by the Risk Management Department and/or outsourced service providers.
  • Perform administrative duties and handle matters relevant to general underwriting operations.
  • Develop and implement personal development plans for team members to support effective succession planning within the department.
  • Continuously train general insurance staff, including branch staff, on work procedures, guidelines, and emerging insurance practices.
  • Optimize staff resources to achieve results effectively and efficiently while maintaining high motivation levels.
  • Recommend appropriate training and development programs for subordinates as and when required.
  • Assign Key Performance Indicators (KPIs) and conduct Performance Appraisals (PA) for relevant subordinates within stipulated timelines.
  • Carry out any additional duties assigned by management from time to time in line with competencies to meet business requirements.

Qualifications & Prerequisites

  • Masters Degree / Degree / Special Degree / Professional Qualification (ACII/FCII) or equivalent related to the functional area from a University Grants Commission approved University / Institute.
  • Overall, more than 15 years of experience in the insurance industry within general insurance, including at least 10 years in a senior managerial role.
  • Strong strategic thinking and analytical skills.
  • Proven marketing and negotiation skills.
  • Excellent people management and customer handling skills.
  • Ability to work with patience and tolerance for ambiguity.
  • Strong teamwork and collaboration skills.
  • Age should be below 50 years.

If you meet the above qualifications and experience, please email your CV along with the names of two non-related referees to jobs@srilankainsurance.com within 7 days of this advertisement. Kindly mention the post applied for in the subject line of your email.