Insurance Assistant - Life Underwriting

Banking / Insurance / Financial Services

About the Employer

Job Description

Insurance Assistant - Life Underwriting

As Sri Lanka's national Life Insurance services provider and the country's largest and strongest insurance partner, Sri Lanka Insurance Life is backed by decades of industry expertise and the most experienced insurance sector technical knowledge base in the country.

Join a team of highly qualified and most experienced insurance professionals in the country to experience unparalleled opportunities for career growth and personal development opportunities within a performance driven culture.

Job Duties & Responsibilities

  • Assess and underwrite medical and non-medical life insurance proposals in accordance with approved underwriting guidelines and delegated authority limits.
  • Evaluate relevant personal, financial, occupational, lifestyle and medical risk factors and make appropriate underwriting decisions.
  • Ensure all underwriting decisions comply with company policies, IRCSL regulations, reinsurance requirements and established procedures.
  • Maintain accurate underwriting records and system updates while coordinating with sales, customer service and other internal departments to resolve outstanding requirements.
  • Complete underwriting and related administrative activities within agreed SLAs while maintaining accuracy, confidentiality and professional standards.

Qualifications & Pre-requisites

  • Passed G.C.E. (A/L) with 03 Main Subjects in one sitting (excluding General English & Optional Subjects).
  • Passed G.C.E. O/L with Credit pass for Mathematics, English, Sinhala/Tamil (within two sittings).
  • Certificate level qualification in professional insurance examinations or equivalent.
  • Sound knowledge of life insurance products, underwriting principles, and risk assessment practices will be a distinct advantage.
  • Computer literacy with proficiency in MS Office applications and exposure to underwriting / policy administration systems.
  • Age should be below 28 years.

Relevant Experience

  • Minimum 1 year of experience in life insurance underwriting or a related insurance function.

Skills, Attributes and Behaviour

  • Ability to manage underwriting and clerical tasks concurrently in a deadline-driven environment.
  • Strong prioritization skills, particularly during peak and month-end workloads.
  • Clear and professional communication skills for internal coordination and follow-ups.
  • Ability to work effectively as a team and across departments.
  • High level of integrity, accountability, and confidentiality.
  • Willingness to take ownership of assigned tasks and responsibilities.
  • Proactive attitude with a commitment to continuous learning and professional development.

If you believe you possess the above qualifications and experience, send in your CV along with the names of two non-related referees within 07 days of this advertisement to the address given below, stating the post applied for on the top left corner of the envelope.

HR DEPARTMENT

Sri Lanka Insurance Life, No 21, Vauxhall Street, Colombo 02.

Company Registration Number: PB 286362