Job Description
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A fully-owned subsidiary of Richard Pieris & Company PLC, one of Sri Lanka's largest and most successful diversified blue-chip conglomerates with a history of almost 90 years, 50 subsidiary companies and 25,000 employees, Arpico Insurance PLC is a prominent and respected Life Insurance Company that stands among the top 10 Life Insurers of Sri Lanka.
Arpico Insurance PLC is a Company that is dedicated to build an open, inclusive workplace that offers continuous opportunities for professional & personal development and progression. In line with our growth strategies focused on enhancing our geographical footprint, product portfolio, service offering and customer experience, we are on the lookout for dynamic, motivated and talented individuals with a ‘can do’ attitude to join our team.
Intern – Risk & Compliance
The position offers an opportunity to gain practical exposure to risk management, corporate governance and regulatory compliance within the insurance industry. The scope of this role is to provide administrative, documentation and operational support to the Risk & Compliance Department in carrying out its day-to-day activities, including regulatory compliance, risk management, monitoring, reporting and record maintenance.
Key Responsibilities
- Assist in customer risk categorization based on established risk assessment criteria and internal guidelines.
- Document clear and accurate rationales supporting customer risk classifications.
- Review customer information to identify potential risk indicators, discrepancies and incomplete documentation.
- Assist in maintaining compliance registers, monitoring trackers and customer risk assessment records.
- Support the preparation of compliance reports, presentations and other documentation.
- Assist with AML/CFT compliance activities, including Customer Due Diligence (CDD) reviews and record maintenance.
- Coordinate with internal departments to obtain information and follow up on outstanding requirements.
- Provide general administrative and operational support to the Risk & Compliance Department.
Personal Attributes & Skills
- Proficiency in Microsoft Office applications, particularly Excel, Word and PowerPoint, is essential.
- Strong attention to detail and accuracy, particularly when reviewing information and maintaining records.
- Good analytical and problem-solving skills.
- Good written and verbal communication skills in English.
- Strong organizational and time management skills.
- Ability to handle confidential information with integrity and discretion.
- Willingness to learn, take initiative and work collaboratively.
- A responsible, reliable and professional attitude.
- An interest in risk management, compliance and the financial services industry.
School leavers are also encouraged to apply. No prior work experience is required.
Remuneration
The successful candidate will be offered an attractive remuneration package with fringe benefits, in line with Industry standards and will be placed at an appropriate grade based on the level of competency and experience.
Please forward your updated resume within 07 days of this advertisement, along with the contact details of two non-related referees, via email to [email protected], indicating the position applied for on the subject line of the email.
Arpico Insurance PLC
55/20, Vauxhall Lane, Colombo 02.
Tel: 0112 200 900
www.arpicoinsurance.com
Reg. No. PB4739PQ
Arpico Insurance PLC is an equal opportunity employer that is a Life Insurance Company regulated by the Insurance Regulatory Commission of Sri Lanka and all applications will be treated with the highest confidentiality.
