Principle Accountabilities: <ul><li>Conduct regular risk assessments, reviews and discussions under the ERM framework of the group, which includes identification and detection of potential threats and mitigation measures</li><li>Identify risks that could jeopardies an organization's reputation, safety, security, or financial success of the organization</li><li>Prioritize risks based on their severity by analyzing and evaluating their likelihood and potential impact after identification as hazards.</li><li>Collaborate with other departments within the organization to ensure a coordinated approach to manage risk</li><li>Conduct regular risk assessments, reviews, and discussions within the ERM framework of UA. This includes identifying and detecting potential threats and developing mitigation measures.</li><li>Facilitate divisions for divisional risk assessment, reporting and providing guidance by delivering regular risk analysis reports to the senior management, JKH ERM and the Board</li><li>Manage and prepares all documentation related to risk assessments and reviews of standard operating procedures</li><li>Oversee various sub risk management processes/programs within the company including BCP risk assessment, cyber-security risk, data privacy risk, investment risk, regulatory/compliance risk including AML,</li><li>Conduct and facilitate appropriate risk awareness and training programs to establish a culture of risk awareness</li><li>Ensure compliance with regulatory requirements related to risk management</li></ul> Qualifications and Experience <ul><li>Bachelor’s in finance, Insurance, Risk Management or related field.</li><li>CA/ACCA/CIMA, or professional qualification in Enterprise Risk Management</li><li>6-8 years of relevant experience preferred in life insurance domain</li><li>Experience in assurance, controls, and/or corporate compliance-related experience, including auditing, risk management or operational roles within various industries</li><li>Strong understanding of insurance policies, underwriting, and claims processes.</li><li>Exceptional analytical and problem-solving skills.</li><li>Excellent communication, negotiation, and presentation abilities</li><li>Knowledge of industry regulations and compliance standards.</li><li>Proficiency in risk assessment software and Microsoft Office suite</li></ul>

Manager - Risk Management

jobpost

The person will be responsible to manage the design of performance management system, provide data analysis and reporting support, along with deploying fair, consistent, and equitable compensation and rewards for employees at Union Assurance.&nbsp;Principle Accountabilities:<ul><li>Support in defining the performance management framework and guidelines for the organization</li><li>Responsible for the execution of the performance management system including creation of goal sheets, identifying performance management tools, completion of performance discussions and evaluation, moderation and final communication and payouts</li><li>Develop guidelines and templates to ensure timely implementation and quality of performance management system</li><li>Ensure timely rollout and closure of PMS, provide guidance to business / function heads on interpretation and implementation of the PMS framework</li><li>Define the metrics/KPIs for all functions and individual accountability; ensure a tight linkage and transparency between performance and rewards.</li><li>Update job evaluations &amp; establish evaluation criteria for job evaluations frequently; draw up guidelines for job evaluation</li><li>Partner with HRBPs and the functional leads to conduct job evaluation for roles</li><li>Carry out periodical people productivity analysis like Revenue per employee (RPE), Human capital risk (HCR), Absenteeism rate, Voluntary and Involuntary turnover rate, Training efficiency, Training expenses per employee, Offer acceptance rate (OAR), Time to hire etc. and work with business leaders to arrive at the action plan to improve these metrics</li><li>Analyze and revise job evaluations and grading, develop standards for job evaluation, define evaluation criteria, and carry out routine evaluations</li><li>Conduct comprehensive job evaluations and job mapping exercises to ensure accurate and effective alignment of roles with the organization's rewards framework</li><li>Collaborate closely with stakeholders to understand job requirements, evaluate job descriptions, and conduct JD scoring to determine appropriate job levels and compensation structures</li><li>Analyze market trends, industry benchmarks, and internal data to make data-driven recommendations for competitive and equitable compensation packages</li><li>Ensure confidentiality is maintained of sensitive HR information and adhere to ethical standards in data analysis and reporting</li><li>Collaborate with external experts to assist in conducting compensation benchmarking studies and evaluate the organization's position relative to industry peers on a regular basis</li><li>Adjust the pay scales, compensation rules, or compensation structures on a regular basis</li><li>Create and ensure implementation of a uniform recognition programme for the entire organization to encourage outstanding talent.</li><li>Direct and manage HR initiatives and projects in the areas of performance, rewards, and analytics, making sure they are completed on schedule, within budget, and to a high standard</li><li>Collation of sustainability related information as required and reporting findings.</li></ul>&nbsp;Qualifications and Experience&nbsp;<ul><li>A Bachelor’s Degree from a recognized University in Business Administration/Human Resources or equivalent discipline; A Masters degree will be an added advantage.</li><li>Full/ Part qualification in recognized professional institute will be an added advantage</li><li>Minimum 3 to 5 years overall experience in managing the PMS &amp; HR Analytics and conducting compensation benchmarking.</li><li>Expertise in PMS practices and job evaluation, compensation and benefits also proficiency in data analytics and reporting tool.</li><li>Excellent analytical, Problem solving and attention to detail.</li><li>Strong adaptability, work under pressure and capacity to work in fast-paced environments.</li><li>Ability to work independently and in a team-oriented environment.</li></ul>

Assistant Manager - Performance Management, Rewards and Analytics

Qualifications and Experience: • 2 passes in A/Ls• 1 years of Sales experience in to life Insurance, Banking, Financial institutions A highly ambitious, dynamic, self-motivated and enthusiastic personality• Very good interpersonal skills Excellent command in Tamil, ability to speak in English and Sinhala will be a definite advantage• Flair for sales with a positive attitude • Build up a strong business relationship with the bank staff in order to reach out to the prospective and existing clientele• Explore potential customer's financial needs in life-related insurance investment within the Bancassurance channel, offer appropriate insurance product to customers and gain agreement to purchase• Convert leads to new businesses and get more prospects attracted by conducting awareness discussions• Achieve set sales objectives by actively promoting life insurance products to recognized banking partners• Maintain sound relationship with customers in order to give away an excellent customer service. Engage in sales promotional activities

Sales Relationship Executive

The person will be responsible for providing Business Insights to the Head of Divisions of Life division to ensure the business objectives are met while assuring the quality and profitability of the business. Also the selected candidate will provide leadership to Internal Audit team and ensure the divisional controls and compliances are adhered &amp; implement IFRS17 related changes in the Life Division.Qualifications and Experience:<ul><li>Full or part Qualification in CIMA/ CII Insurance Exams.&nbsp;</li><li>Minimum 2 years’ experience in Insurance industry in Audits, Business MI</li><li>Education related to Mathematics/ Statistics will be an added advantage</li><li>Knowledge on internal and external audit process/ scope preparation.</li><li>Broad knowledge on Insurance practices &amp; Regulatory framework</li><li>Broad knowledge on Microsoft office applications.</li><li>Ability to work under minimum supervision, multi-task, and work under pressure.</li></ul> <ul><li>Facilitate timely completion of Audit process. Manage all Life Ops related audit concerns.</li><li>Conduct internal audits.</li><li>Follow up on Audit observations and implementation timelines.</li><li>Identify Key Business performance indicators of Life operation departments to provide business insight reports on regular basis to the management.</li><li>Review/ Automate MI generation/ Business insight report.</li><li>Provide MI to IRCSL on Audits within the agreed timelines.</li><li>Identify the impact of IFRS17 on Life division Processes/ products and Practices.</li><li>Complete the responsibilities/ Tasks assigned in the IFRS17 implementation project within the deadlines.</li><li>Provide support and guidance to the Life division team in preparing system specifications in new product developments and new initiatives and process improvements.</li></ul>

Executive - Audits and Compliance

Job Role&nbsp;The person will be reporting to the Channel Head and will be responsible for the achievement of KPIs defined for the Colombo region whilst ensuring effective and efficient functioning of the Bancassurance team.&nbsp;&nbsp;Principal Accountabilities:&nbsp;&nbsp;<ul><li>Responsible to drive the team to achieve assigned Regional target whilst maintaining excellent relationship with including all stakeholders, including Bank partners&nbsp;&nbsp;&nbsp;</li><li>Execute management decisions on agreed company standards and complete within the given timelines.&nbsp;&nbsp;&nbsp;</li><li>Establish, maintain and grow relationships with the bank’s regional Business Leader and other key bank employees in order to ensure regular contact and communications through the conduct of&nbsp;regular meetings and other means to support the achievement of the zonal target&nbsp;&nbsp;&nbsp;</li><li>Ensure compliance of customer service standards, internal controls and other related controls&nbsp;&nbsp;&nbsp;</li><li>Motivate, train and coach assigned Bancassurance Supervisory Staff &amp; Relationship Officers and ensure that they adhere to compliance, code of conduct and market conduct guidelines&nbsp;</li><li>Prepare and analyze required consolidated reports for management</li></ul>&nbsp;&nbsp;The Applicant should possess:&nbsp;<ul><li>Full/part qualifications in marketing form a recognized institute (preferably CIM/SLIM)&nbsp;&nbsp;&nbsp;</li><li>Minimum 5-6 years of sales experience in sales inclusive of 03 years in a supervisory position including previous experience in Life Insurance / Bancassurance will be a definite advantage.&nbsp;&nbsp;&nbsp;</li><li>Good command of English and Sinhala (knowledge in Tamil will be an added advantageous)&nbsp;&nbsp;&nbsp;</li><li>Team management skills and inter-personal skills&nbsp;&nbsp;&nbsp;</li><li>Highly ambitious, dynamic, result-oriented personality with proven leadership skills&nbsp;&nbsp;&nbsp;</li><li>Computer literate with strong skills levels in Word, Excel and PowerPoint.&nbsp;&nbsp;</li><li>&nbsp;Able to work independently in a fast faced environment</li></ul>

Regional Manager – Bancassurance

<ul><li>A Bachelor’s degree from a recognized university (Specialized in Finance or related field will be preferred) and fully/ partly qualified in related professional qualification (CFA/CIMA etc).</li><li>Processing a Diploma in Treasury &amp; Risk Management conducted by the institute of Bankers Association of Sri Lanka will be an added advantage.</li><li>Strong understanding of financial instruments, investment processes, and back-office operations.</li><li>Excellent attention to detail and ability to work accurately under tight deadlines.</li><li>Proficient in using financial systems, software, and tools.</li><li>Strong analytical and problem-solving skills.</li><li>Excellent communication and interpersonal skills.</li><li>Fair knowledge of the SWIFT payment system, currency wise cut off times &amp; CBSL cut off times.</li><li>Fair understanding of the regulatory framework and internal guidelines.</li><li>Knowledge on SAP Treasury system</li></ul> <ul><li>Ensure all treasury related and other transaction settlements are processed on time.</li><li>Review of all investment deal settlements (Money market, Treasury bonds, Bills etc.)</li><li>Manage Cash transfers for day-to-day liquidity needs and expenses.</li><li>Fees calculation and payment to external asset managers / service providers relevant to investment management</li><li>Collect and verify deal confirmations and investment certificates.</li><li>Lodge security certificates with custodian bank.</li><li>Assist investment and finance division in the month-end activities.</li><li>Entering dividends into the system and verify investment-related accounting adjustments.</li><li>Making system runs necessary for month end completion.</li><li>Safeguard important documents, including certificates, agreements, policies, and POAs.</li><li>Collect withholding tax certificates and ensure regulatory compliance.</li><li>Liaison with other departments to identify cash requirements and facilitation. Manage bank relationships and facilitate account opening with asset managers.</li><li>Support audit confirmation and balance verification processes.</li></ul>

Senior Executive - Investment Operations

<ul><li>BSc in Networking or IT or Engineering from a recognized University.</li><li>Minimum 2 years of experience in the same field.</li><li>Familiarity with Azure / OCI cloud platforms.</li><li>Qualifying in azure administration and CCNA would be an added advantage.</li><li>Strong knowledge in Windows/Linux Servers, Firewalls, Routers, Databases, and System infrastructure.</li><li>Experience with performance management, monitoring, and problem identification and resolution.</li><li>Strong knowledge of best practices in IT administration and system security.</li><li>Ability to work independently.</li><li>The ability to be able to troubleshoot complex technical problems.</li><li>Assist the team leaders with technical and administrative tasks.</li><li>Work unsupervised on several activities concurrently, taking ownership and prioritizing accordingly.</li><li>Excellent verbal and written communication skills</li></ul> <ul><li>Administrating the Systems and the Network.</li><li>Supporting the Database Administration.</li><li>Monitoring the Security Landscape and Remediation.</li><li>Supporting the Azure Administrations and Implementations.</li><li>Supporting the DevOps functions.</li><li>Supporting the Infrastructure Transformation Projects.</li><li>Applying System Updates, Patches, Configuration Changes, and Automation.</li><li>Introducing and integrating new technologies.</li><li>Documenting the configurations of the infrastructure.</li><li>Troubleshooting any reported problems.</li><li>Administration of IFRS17 Systems.</li></ul>

Systems Engineer

The Job Role:&nbsp;The person will be assisting the Manager-Legal to oversee legal operations of the Company and to support in coordination with regulatory authorities, external legal counsels, and business units.&nbsp;Principle Accountabilities:&nbsp;<ul><li>Draft and review commercial contracts, agreements, and other legal documents and assisting the Manager - Legal to finalize legal contracts on time.</li><li>Conduct legal research on legal issues, such as corporate law, contracts, employment law, intellectual property with the guidance of the Manager – Legal.</li><li>Conducting title search on selected locations for expansion of branch network of the Company and to execute notarial documents such as leases, tenancy agreements and assignments with the assistance and guidance of the Manger – Legal.</li><li>Responsible for registration and follow up on acceptance and publication of Company trademarks and logos with the National Intellectual Property Office and to update the registers accordingly.</li><li>Assisting the Manager – Legal in managing litigation and other legal disputes, including coordinating with outside counsels &amp; consultants and ensure up to date to record maintenance in relation to the litigation matters and case files.</li><li>Maintain and ensure overall record keeping of the legal division and ensure accuracy of the same. This amongst others will include maintenance and following up of contracts, legal documents of the Company and various registers maintained by the Legal division.</li></ul>&nbsp;Qualifications and Experience&nbsp;<ul><li>Attorney-at-Law (Sri Lanka), Bachelor’s degree in Law is&nbsp;preferred along with Notary Public License in Colombo (Commissioner of oaths would be an added advantage).&nbsp;</li><li>Minimum of 2 years of experience post taking oaths (preferably in corporate and commercial industry).</li><li>Sound knowledge on relevant laws and regulations, contractual obligations and Sri Lanka legal system.</li><li>Excellent problem-solving skills and attention to detail is mandatory.</li><li>Strong adaptability, work under pressure and capacity to work in fast-paced environments.</li><li>Ability to work independently and in a team-oriented environment.</li></ul>

Executive – Legal

We are looking for a result-driven insurance advisor to be responsible for providing financial advice to clients on retirement planning, investing in the future, saving for education, and life insurance protection. The insurance advisor will generate leads, meet with clients, complete a financial needs analysis, and present them with customized financial proposals. You should thereafter discuss and market insurance options that suit their needs.Candidate profilePossess G.C.E A/L at a minimum. Having a degree or diploma in marketing would be an added advantage.Excellent communication skills, interpersonal skills &amp; having perseverance attitude will be requiredHaving a proven record of high-end client base will be a definite advantage.Excellent Computer literacy (MS word/Excel/PowerPoint) <ul><li>Meeting with clients.</li><li>Offering specialized financial guidance and advice.</li><li>Completing financial needs analyses.</li><li>Creating and explaining customized plans.</li><li>Analyzing clients' risk.</li><li>Encouraging clients to invest in the future.</li></ul>