Executive (Supervision) - Insurance Regulatory Commission of Sri Lanka

The Insurance Regulatory Commission of Sri Lanka (IRCSL) invites suitably qualified self‑motivated team players to fill the following vacancies in its Supervision Division and Actuarial Unit:
 

A) Executive (Supervision)

Key Responsibilities:

• Evaluate insurers’ business and financial condition to determine the overall risk profile.
• Assist in on‑site inspections.
• Participate in projects for the development of the supervisory capacity/ framework.

Key Requirements:

• Bachelor's Degree from a recognized university in Insurance/Mathematics/Accountancy/Finance/Business Administration/Commerce/Management or similar discipline or a Professional qualification equivalent to a bachelor’s degree in the relevant fields from a recognized institution with.
• Two (2) years post qualifying relevant experience at Junior executive/executive level in a reputed organization.

B) Executive (Actuarial)

Key Responsibilities:

• Review of returns, actuarial abstracts and reserve reports;
• Assist in onsite inspections;
• Review of actuarial certificates of insurance products;
• Assist in projects of IRCSL and preparation of reports, papers on relevant matters.

Key Requirements:

• Bachelor's Degree from a recognized university in Actuarial/Insurance/Mathematics/Statistics/Accountancy/Finance/Business Administration/Commerce/Management or a Professional qualification equivalent to a bachelor’s degree in the relevant fields from a recognized institution with
• Two (2) years post qualifying relevant experience at Junior executive/executive level in a reputed organization.

Experience or qualifications in insurance, analytical & research areas, knowledge in statistical applications and working experience in a financial regulatory institution will be a distinct advantage.

General Terms

Every applicant should possess the following:

• Excellent communication skills with high level of computer literacy.
• Age should be less than 45 years at the closing date of applications (The upper age limit will not be applicable for internal candidates).
• Should be a citizen of Sri Lanka.
• Should be physically and mentally fit to discharge the duties of the post.
• Should be of excellent moral character.
• Candidates who clearly demonstrate their qualifications will be shortlisted and informed.
• Canvassing in any form will be a disqualification.
• An attractive remuneration package awaits the right candidates.

Applications should be made by filling in the prescribed google form on the IRCSL website www.ircsl.gov.lk on or before 27^th July 2025. Hard copies or email applications are not accepted.

If you require further clarification on the application process, please contact the Administration Division on 011 2396184/9.

The Director General
Insurance Regulatory Commission of Sri Lanka
Level 11, East Tower, World Trade Centre,
Colombo 01.
Website: www.ircsl.gov.lk