Junior Executive (Life new Business) – HNB Life PLC
Job Overview
HNB Life PLC is looking for a detail-oriented and proactive Junior Executive – Life New Business to support new business operations within the life insurance division. The role involves reviewing insurance proposals, monitoring business processes, handling proposal-related transactions, and ensuring compliance with underwriting and approval guidelines while maintaining high operational accuracy.
Position Details
Job Title: Junior Executive – Life New Business
Company: HNB Life PLC
Job Type: Full-Time
Industry: Life Insurance
Key Responsibilities
- Follow up on pending proposal applications and ensure timely processing.
- Review and recommend decisions for new insurance proposals.
- Monitor and review benchmark monitoring reports.
- Handle proposal refunds, fund utilization activities, and medical payment verifications.
- Conduct random checks on policy schedules to ensure accuracy and compliance.
- Review proposal files and recommend approval or escalate applications to the appropriate authority level in accordance with the Matrix of Financial Authority (MOFA).
- Maintain accurate records and support efficient new business processing operations.
- Ensure compliance with company policies and underwriting guidelines.
Qualifications & Experience
- G.C.E. Advanced Level (A/L) qualification.
- Insurance Foundation Certificate (IFC) conducted by SLII or AII qualification will be an added advantage.
- Minimum 2 years of work experience, preferably with at least 1 year of experience in the insurance industry.
- Strong analytical, communication, and interpersonal skills.
- High attention to detail and accuracy.
- Proficiency in Microsoft Office applications.
- Ability to work independently and manage multiple tasks effectively.
Required Skills
- Life Insurance Operations
- New Business Processing
- Insurance Underwriting Support
- Proposal Evaluation
- Data Analysis
- Report Monitoring
- Decision Making
- Communication Skills
- Interpersonal Skills
- Attention to Detail
- Microsoft Office Applications
- Time Management
- Record Management
Salary & Benefits
- Attractive remuneration package.
- Career advancement opportunities within a leading life insurance company.
- Professional and supportive working environment.
- Training and development opportunities.
- Additional benefits as per company policy.
How to Apply
Interested candidates should forward their complete resume together with contact numbers and the names of two non-related referees within 10 days of the advertisement date.
Email: careers@hnblife.lk
Please state the position applied for in the subject line of the email.
Only shortlisted candidates will be contacted.
