Job Description

Assistant Manager – Actuarial

Union Assurance is a leading corporate and one of the fastest growing entities in the Life Insurance industry backed by the strength and stability of John Keells Holdings PLC, one of Sri Lanka's largest conglomerates.

The Job Role:

The person will be responsible for the IFRS 17 team to support IFRS 17 implementation and BAU work

Principle Accountabilities:

• Support the IFRS 17 team for the implementation process
• Support and implement back-end processes for IFRS 17 BAU tasks.
• Coordinate with Finance and IT to ensure all the BAU processes are done smoothly.
• Prepare all the inputs for all the Unify workflows and initiate review processes with relevant parties appropriately.
• Support IFRS 17 team meet the IRCSL implementation and reporting timelines.
• Keep up to date documentation on IFRS 17 processes and document any changes in the model/ process for internal and external reviews.
• Ensure the any future key developments are highlighted during the implementation phase documented and ensure these are implemented in appropriate time durations.

Qualifications and Experience

• A bachelor’s degree in mathematics, Statistics or BSc in Actuarial Science.
• A Full/ Part qualification in recognized professional institute will be an added advantage
• At least 04 to 06 years’ experience in IFRS 17.
• Strong mathematical skills and in- depth understanding of the product pricing.
• Excellent Analytical, problem-solving skills and attention to detail is mandatory.
• Strong adaptability, work under pressure and capacity to work in fast-paced environments.
• Ability to work independently and in a team-oriented environment

The selected candidate for the above position will be entitled to an attractive remuneration package. Applicants who are interested are encouraged to apply on or before 07th May 2026.