Job Description
As Sri Lanka`s national insurance services provider and the country `s largest and strongest life 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
Key Responsibilities;
- Ensure compliance with the legal framework specific to the insurance industry, including company`s obligations,
- Accurately complete and submit required statutory documents to government authorities within specified regulatory timeline
- Prepare and maintain Audit schedules ( Monthly , quarterly , annually or as required ) tallored to insurance industry standards
- Establish effective compliance monitoring and reporting systems , promptly addressing potential risks and escalating issues to the Management and Audit & compliance committee
- Serve as the Anti – Money Laundering Officer , ensuring adherence to relevant law , regulations , and evolving standards
- Develop and deliver training with HR and Enterprise Risk Management to prevent money laundering and promote compliance awareness
- Advice senior management and the Board on governance , compliance risks , and review contract terms to reduce operational risk
- Collaborate with departments ( Audit , legal , finance , etc…. ) on compliance requirements and ensure policies and procedures are current and effectively implemented
Qualifications / Prerequisites / Requirenments;
Experiences;
- Bachelor of Law / MBA in Law / Business Administration / Finance or related field
- Attorney at Law qualification will be a distinct advantage
- Minimum 10 years of experience in Compliance / Corporate Affairs
- At least 05 years in a Managerial position
The ideal candidate should have following skills ;
- High level of accuracy & high command of confidentiality
- Excellent time management skills
- Strong commitment to ethical standards and integrity
- Strong presentation and communication abilities
- Ability to work under pressure
- Frequent knowledge with regards to the industry law / rules / standards and regulations applicable to the industry
- Leadership skills to effectively manage and develop the compliance team
If you believe you posses the above qualification & experience please submit your CVs