Risk Officer | Assistant Manager | Senior Executive – People’s Insurance PLC
Job Overview
People’s Insurance PLC is seeking a motivated and analytical professional to join its Risk Management function as a Risk Officer / Assistant Manager / Senior Executive. This role is responsible for supporting the organization’s risk management framework by identifying, assessing, monitoring, and reporting operational, financial, strategic, and compliance risks. The successful candidate will contribute to strengthening risk governance, regulatory compliance, business continuity, and operational resilience across the organization.
Position Details
Job Title: Risk Officer / Assistant Manager / Senior Executive
Company: People’s Insurance PLC
Job Category: Risk Management & Compliance
Job Type: Full-Time
Location: Colombo District, Sri Lanka
Industry: Insurance & Financial Services
Work Location: Head Office
Company Overview
People’s Insurance PLC is a rapidly growing insurance company in Sri Lanka, recognized for its commitment to excellence, customer service, and sustainable growth. As a member of the People’s Group, the company provides a comprehensive range of insurance solutions while maintaining high standards of governance, risk management, and regulatory compliance. People’s Insurance continues to strengthen its market presence through innovation, professionalism, and customer-focused services.
Qualifications & Experience
- Bachelor’s Degree in Risk Management, Finance, Accounting, Business Management, Insurance, or a related field from a recognized university.
- Professional qualifications in Risk Management, Insurance, Internal Audit, Compliance, or related disciplines will be an added advantage.
- Minimum 2–3 years of experience in Risk Management, Internal Audit, Compliance, or a related function.
- Experience within the Insurance or Financial Services sector is preferred.
- Sound understanding of Enterprise Risk Management (ERM) principles and risk assessment methodologies.
- Knowledge of insurance industry regulations and governance requirements will be advantageous.
- Strong analytical, reporting, and problem-solving abilities.
Key Responsibilities
- Assist in implementing and maintaining the company’s Risk Management Framework.
- Identify, assess, monitor, and report operational, financial, strategic, and compliance risks across the organization.
- Conduct risk assessments and prepare risk registers for departments and business units.
- Monitor Key Risk Indicators (KRIs) and recommend appropriate risk mitigation measures.
- Facilitate periodic risk reviews and follow up on risk mitigation action plans.
- Assist in developing and updating risk management policies, procedures, and guidelines.
- Prepare risk reports and presentations for management, committees, and the Board.
- Ensure compliance with regulatory requirements issued by relevant authorities and applicable regulations.
- Support business continuity planning and operational resilience initiatives.
- Promote risk awareness and a strong risk-conscious culture throughout the organization.
Required Skills
- Strong knowledge of Enterprise Risk Management (ERM).
- Risk assessment and risk reporting capabilities.
- Analytical and critical thinking skills.
- Regulatory compliance and governance knowledge.
- Excellent report writing and presentation skills.
- Attention to detail and accuracy.
- Strong communication and stakeholder management abilities.
- Problem-solving and decision-making skills.
- Ability to work independently and collaboratively.
- Proficiency in Microsoft Office applications.
Salary & Benefits
- Attractive remuneration package based on qualifications and experience.
- Opportunities for career advancement and professional growth.
- Exposure to enterprise-wide risk management practices.
- Opportunity to work within a leading insurance organization.
- Professional learning and development opportunities.
- Collaborative and team-oriented work environment.
How to Apply
Interested candidates should forward their complete resume, including contact details of two non-related referees, to:
Email: careerspeoplesinsurance@plc.lk
Please specify the position you are applying for in the subject line of the email.
Applications should be submitted within 10 days of the advertisement date.
Important Notes
- Only candidates who possess the required qualifications should apply.
- Only shortlisted candidates will be contacted.
- Experience in the Insurance or Financial Services sector will be an added advantage.
- Professional qualifications in Risk Management, Internal Audit, Compliance, or Insurance will be beneficial.
- The position is based in Colombo District, Sri Lanka.
