Chartered Trainee – Internal Audit (Traineeship) | Sri Lanka Insurance General | Colombo

About Sri Lanka Insurance General

Sri Lanka Insurance General is backed by decades of industry expertise and the country’s most experienced insurance sector technical knowledge base. As one of Sri Lanka’s largest and most trusted state-owned insurers, Sri Lanka Insurance Corporation offers a range of general and life insurance products to millions of Sri Lankans through an extensive island-wide branch network. The organisation provides unparalleled opportunities for career growth and personal development within a performance-driven culture — joining a team of highly qualified and most experienced professionals in the insurance sector in the country.

Role Overview

Sri Lanka Insurance General is offering a Chartered Trainee – Internal Audit (Traineeship) position for ambitious, detail-oriented individuals pursuing their Chartered Accountancy qualification. This traineeship provides structured, hands-on exposure to internal audit planning, execution, and reporting within Sri Lanka’s leading state insurance institution.

Location: Colombo, Sri Lanka
Job Type: Traineeship (Full-Time)
Preferred Age: Below 26 years
Application Deadline: Within 7 days with names of 2 non-related referees

Duties & Responsibilities

• Assist in planning and executing internal audit assignments across various departments and business units of Sri Lanka Insurance General
• Evaluate internal controls, operational processes, and risk management frameworks to identify weaknesses and areas of improvement
• Prepare comprehensive audit working papers, maintain audit documentation, and draft clear and accurate audit reports
• Identify process improvement opportunities and recommend corrective actions to management
• Ensure compliance with company policies, regulatory requirements, and insurance industry standards throughout all audit engagements
• Liaise professionally with department heads and operational staff during audit fieldwork
• Support the Internal Audit team with special investigations and ad-hoc review assignments

Qualifications & Pre-Requisites

• Successful completion of or currently following the Corporate Level of Chartered Accountancy (CA Sri Lanka or equivalent) — this is a mandatory requirement
• Having completed or currently following a degree in Finance, Accountancy, or Business Management from a UGC-recognised university will be an added advantage
• Strong analytical and problem-solving skills — ability to evaluate complex operational and financial data
• Good communication skills and report writing abilities in English
• Proficiency in Microsoft Office applications — especially Excel
• High level of integrity, professional ethics, and attention to detail
• Preferably age below 26 years