Risk Officer – Assistant Manager / Senior Executive | People’s Insurance PLC | Head Office

People’s Insurance PLC — Head Office  ·  🛡️ Insurance / Risk Management  ·  ⏰ Full-Time  ·  2–3 Years Experience Required

About People’s Insurance PLC

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 across Sri Lanka. As a member of the People’s Group — which includes People’s Bank and People’s Leasing — People’s Insurance PLC has built a strong reputation for reliability, trust, and unparalleled service delivery.

In order to further strengthen its growth and stability, the Company is seeking a purpose-driven, dynamic professional who can build upon its hard-earned reputation by passionately working towards meeting the objectives of the Risk Management function at Head Office level.

Position: Risk Officer – Assistant Manager / Senior Executive

Location: Head Office

Job Overview

The Risk Officer (Assistant Manager / Senior Executive) will play a key role in implementing and maintaining the Company’s Risk Management Framework. This position involves identifying, assessing, monitoring, and reporting risks across operational, financial, strategic, and compliance domains, while ensuring full regulatory compliance with the Insurance Regulatory Commission of Sri Lanka (IRCSL) and other applicable legislation.

Key Responsibilities

• Assist in implementing and maintaining the Company’s Risk Management Framework across all business units.
• Identify, assess, monitor, and report on operational, financial, strategic, and compliance risks throughout the organisation.
• Conduct risk assessments and prepare risk registers for individual departments and business units.
• Monitor Key Risk Indicators (KRIs) and recommend appropriate mitigation measures to management.
• Facilitate periodic risk reviews and ensure timely follow-up on 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 of Directors.
• Ensure ongoing 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 foster a risk-conscious culture throughout the organisation.

Qualifications & Experience

• Bachelor’s Degree in Risk Management, Finance, Accounting, Business Management, Insurance, or a related field from a recognised 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 advantageous.

What’s on Offer

An attractive remuneration package along with the opportunity for career advancement in a team-driven business environment awaits the selected candidate.

How to Apply

If this position interests you and you feel you have what it takes to meet these expectations, please forward a complete resume with contact details of two non-related referees within 10 days of this advertisement to:

📧 Email: careerspeoplesinsurance@plc.lk

Please specify the designation you wish to apply for as the subject of your email. Only those who possess the above qualifications should apply.