Job Description
ENTER THE REWARDING WORLD OF INSURANCE!
People’s Insurance PLC is a fast growing business entity in the insurance sector, achieving benchmark industry standards with high profitability and serving a premier portfolio of customers. In order to strengthen the growth and stability, the Company is in search of a purpose-driven dynamic person who could further build upon the hard-earned reputation of reliability, trust and unparalleled service by passionately working towards meeting the objectives of respective department functions.
Risk Officer
Assistant Manager/ Senior Executive
Location- Head Office
Key Responsibilities
- Assist in implementing and maintaining the Company's Risk Management Framework.
- Identify, assess, monitor, and report operational, financial, strategic, and compliance risks across the organization.
- Conduct risk assessments and prepare risk registers for departments and business units.
- Monitor Key Risk Indicators (KRIs) and recommend appropriate mitigation measures.
- Facilitate periodic risk reviews and ensure timely follow-up of risk mitigation actions.
- Assist in developing and updating risk management policies, procedures, and guidelines.
- Prepare risk reports and presentations for Management, Risk Management Committees, and the Board.
- Ensure compliance with regulatory requirements issued by the Insurance Regulatory Commission of Sri Lanka (IRCSL) and other applicable regulations.
- Support business continuity planning and operational resilience initiatives.
- Promote risk awareness and a risk-conscious culture throughout the organization.
Qualifications & Experience
- Bachelor's Degree in Risk Management, Finance, Accounting, Business Management, Insurance, or a related field from a recognized university.
- Professional qualifications in Risk Management, Insurance, Internal Audit, or Compliance will be an added advantage.
- Minimum 2-3 years of experience in Risk Management, Internal Audit, Compliance, or a related function, preferably within the Insurance or Financial Services sector.
- Sound understanding of Enterprise Risk Management (ERM) principles and risk assessment methodologies.
- Knowledge of insurance industry regulations and governance requirements will be an advantage.
An attractive remuneration package together with the opportunity for further advancement in a team-driven business scenario awaits the selected candidate. If the above position interests you and if you feel that you have it in you to meet these expectations, please forward a complete resume with contact details of two non-related referees within 10 days of this advertisement to the following address.
Only those who possess the above qualifications should apply.
Email : careerspeoplesinsurance@plc.lk
(Please specify the designation that you wish to apply as the subject of the e-mail)
A member of People’s group