Insurance Assistant (Life Underwriting)

Insurance Assistant (Life Underwriting) – SLIC Life Limited

Job Overview

Job Title: Insurance Assistant – Life Underwriting
Company: SLIC Life Limited (Sri Lanka Insurance Life Limited)
Job Category: Banking & Insurance, Private Jobs
Job Location: Colombo District, Sri Lanka

SLIC Life Limited is seeking a dedicated and detail-oriented candidate for the position of Insurance Assistant – Life Underwriting. The selected candidate will support life insurance underwriting activities, assess insurance proposals, maintain accurate records, and ensure compliance with company policies, regulatory requirements, and underwriting standards.

Position Details

Position: Insurance Assistant – Life Underwriting

The role involves evaluating life insurance proposals, supporting underwriting decisions, coordinating with internal departments, and ensuring accurate processing of underwriting-related activities while maintaining confidentiality and professional standards.

Application Method: Apply using the application button provided on the job post.

Company Overview

SLIC Life Limited is one of Sri Lanka’s leading life insurance providers, offering comprehensive life insurance solutions and services. Backed by extensive industry experience, the company focuses on providing reliable insurance protection while maintaining professional excellence, customer trust, and innovation in the insurance sector.

Qualifications & Experience

• Passed G.C.E. Advanced Level examination with 3 main subjects in one sitting (excluding General English and optional subjects).
• Passed G.C.E. Ordinary Level examination with credit passes for Mathematics, English, Sinhala/Tamil within two sittings.
• Certificate-level qualification in professional insurance examinations will be an added advantage.
• Sound knowledge of life insurance products, underwriting principles, and risk assessment practices will be an added advantage.
• Computer literacy with proficiency in MS Office applications.
• Knowledge of underwriting and policy administration systems will be an added advantage.
• Age should be below 28 years.
• Minimum 1 year of experience in life insurance underwriting or a related insurance function.

Key Responsibilities

• Assess and underwrite medical and non-medical life insurance proposals according to approved underwriting guidelines and delegated authority limits.
• Evaluate personal, financial, occupational, lifestyle, and medical risk factors to make appropriate underwriting decisions.
• Ensure underwriting decisions comply with company policies, IRCSL regulations, and reinsurance requirements.
• Maintain accurate underwriting records and system updates while coordinating with sales, customer service, and other internal departments.
• Complete underwriting and related administrative activities within agreed service level agreements while maintaining accuracy, confidentiality, and professional standards.
• Support daily underwriting operations and ensure timely completion of assigned tasks.

Required Skills

• Ability to manage underwriting and clerical tasks in a deadline-driven environment.
• Strong prioritization skills, especially during peak workloads.
• Clear and professional communication skills for internal coordination and follow-ups.
• Ability to work effectively as part of a team and across departments.
• High level of integrity, accountability, and confidentiality.
• Willingness to take ownership of assigned tasks and responsibilities.
• Proactive attitude towards continuous learning and professional development.

Salary & Benefits

• Competitive salary package.
• Career development opportunities within the insurance industry.
• Professional working environment.
• Employee benefits according to company policies.

How to Apply

Interested candidates who meet the required qualifications and experience should send their CV along with the names of two non-related referees within 7 days of the advertisement.

Applications should be sent to:

careers@sliclife.com

Please mention the position applied for in the subject line.

Important Notes

• Job Location: Colombo District, Sri Lanka.
• Company Address: Sri Lanka Insurance Life, No. 21, Vauxhall Street, Colombo 02.
• Only shortlisted candidates will be contacted.
• Applicants should ensure that all required information is included in their application.