Job Description

Assistant General Manager- Life Underwriting & Group Business

As Sri Lanka's national Life Insurance services provider and the country's largest and strongest insurance provider, 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.

Responsibilities:

  • Provide strategic leadership for Life Underwriting, ensuring robust risk assessment, sound underwriting governance and consistent application of the Company's underwriting philosophy and standards.
  • Drive underwriting performance and portfolio profitability through effective risk selection, performance oversight, portfolio management and continuous enhancement of underwriting practices.
  • Lead the strategic growth of the Group Life business, encompassing portfolio development, product structuring, client acquisition and retention and key stakeholder relationship management.
  • Develop and strengthen underwriting frameworks, policies and processes in alignment with regulatory requirements, reinsurance arrangements, underwriting best practices and overall risk appetite.
  • Lead and oversee underwriting initiatives including product development, complex risk decisions, regulatory compliance and cross-functional projects.
  • Ensure effective governance, operational excellence and control across underwriting and related operations, safeguarding confidentiality and integrity of information and risk management standards.

Qualifications:

  • Masters Degree / Degree / Special Degree / Professional Qualification or Equivalent related to the functional area from a University/Institute approved by UGC.
  • MBA will be preferred.
  • Age below 50 years.

Relevant Experience:

  • Minimum 07 years' experience in Senior Managerial Grade with overall more than 12 years' experience in the relevant field.

Skills, Attributes and Behaviour:

  • Strong analytical and strategic decision-making capabilities.
  • Proven business acumen and commercial awareness.
  • Strong leadership and people management capabilities.
  • Excellent communication, collaboration, and stakeholder management skills.
  • Customer focus and relationship management orientation.
  • Ability to work effectively in a fast-paced, results-driven environment.