Director Supervision – Insurance Regulatory Commission

Director Supervision – Insurance Regulatory Commission

Job Overview

Insurance Regulatory Commission of Sri Lanka is inviting applications from qualified and experienced professionals for the post of Director – Supervision.

Position Details

Director – Supervision

• Organization: Insurance Regulatory Commission of Sri Lanka (IRCSL)
• Employment Type: Full-Time
• Sector: Insurance Regulation & Supervision

Key Responsibilities

Selected candidates will be responsible for:

• Carrying out on-site and off-site supervision of insurers
• Monitoring insurers’ compliance with IRCSL Act requirements
• Reviewing prudential and supervisory policies and procedures
• Evaluating insurance industry financial stability and risk management
• Publishing quarterly and annual industry reports
• Recommending licensing decisions for insurers
• Conducting capacity-building and training activities
• Supporting strategic and regulatory initiatives of the commission

Educational Qualifications

Applicants should possess:

• A Bachelor’s Degree in:
  • Insurance
  • Finance
  • Business Administration
  • Accountancy
  • Actuarial Science
  • Or a related discipline

OR

• A professional qualification equivalent to a bachelor’s degree from a recognized institution

Experience Requirements

• Minimum ten (10) years post-qualifying managerial experience in a reputed organization

Added Advantage

• Master’s Degree
• Experience in insurance regulation and enforcement

Age Limit

• Applicants for Director positions should be below 50 years at the closing date of applications.

Salary & Benefits

Monthly Gross Salary Package

• Approx. Rs. 294,050/-
• Vehicle allowance
• Fuel reimbursement

Other Benefits

• Performance-based incentives
• Comprehensive medical insurance
• Life & critical illness cover
• Higher studies sponsorship opportunities
• Vehicle & distress loan facilities

Application Procedure

Applications should be submitted on or before:

• 08 June 2026

Applicants are advised to follow the application instructions available on the official IRCSL website.

Source :

Download Job Details