🏛️ Insurance Regulatory Commission of Sri Lanka Vacancies 2026 – Assistant Director & Executive Job Openings

The Insurance Regulatory Commission of Sri Lanka (IRCSL) has announced exciting career opportunities for qualified and motivated professionals. Applications are invited for several positions including Assistant Director and Executive roles in multiple divisions.

If you are looking for a rewarding career in Sri Lanka’s insurance regulatory sector, this is an excellent opportunity to join a prestigious government-affiliated institution.

📌 Available Vacancies

👔 Assistant Director – Market Conduct Supervision

Key Responsibilities:

• 📊 Develop and implement market conduct regulations and supervisory frameworks.
• 🔍 Conduct offsite surveillance and risk-based examinations.
• 📝 Prepare risk-based supervision plans and reports.
• 📈 Monitor industry trends and market conduct issues.
• 🤝 Provide guidance and training to stakeholders.
• 📋 Prepare reports and papers for the Commission.

Qualifications:

• 🎓 Bachelor’s Degree in Insurance, Finance, Accountancy, Business Administration, or related field.
• 📚 Professional qualification equivalent to a Bachelor’s Degree.
• 💼 Minimum 6 years of post-qualifying managerial experience.

📈 Executive (Actuarial)

Key Responsibilities:

• 📑 Review statutory insurance company returns.
• 🧮 Provide actuarial support and analysis.
• 📊 Assist in preparing quarterly and annual reports.
• 🔍 Review actuarial certificates and product revisions.
• 📝 Support regulatory and strategic initiatives.

Qualifications:

• 🎓 Degree in Actuarial Science, Insurance, Mathematics, Statistics, Accountancy, Finance, Business Administration, Commerce, Management, or related field.
• 💼 Minimum 2 years of relevant post-qualifying experience.

🏢 Executive (Supervision)

Key Responsibilities:

• 📊 Analyze financial statements and insurer performance.
• 🔎 Review regulatory returns and management information.
• 🏦 Participate in onsite inspections.
• 📈 Compile industry statistics and reports.
• ⚖️ Assess compliance with regulatory standards.

Qualifications:

• 🎓 Degree in Accountancy, Finance, Commerce, Management, Business Administration, Insurance, Mathematics, or related field.
• 💼 Minimum 2 years of relevant experience.

💰 Executive (Finance)

📋 Revenue Management

• 💵 Process registration and annual fee invoices.
• 📑 Reconcile revenue and tax-related accounts.
• 🧾 Prepare tax credit and debit notes.

💳 Payment Management

• ✔️ Verify supplier and staff payments.
• 📄 Ensure compliance with approval procedures.

🏦 Treasury Management

• 💹 Manage investments and cash flow forecasts.
• 📊 Prepare financial statements and reports.
• 📚 Maintain fixed asset registers.
• 🔍 Support internal and external audits.

Qualifications:

• 🎓 Degree in Accountancy, Finance, Business Administration, Commerce, or related field.
• 💼 Minimum 2 years of relevant experience.

💻 Executive (Information Technology)

Key Responsibilities:

• 🖥️ Develop and troubleshoot IT applications.
• 🔒 Support cybersecurity initiatives.
• 🌐 Assist with network and IT infrastructure management.
• 📞 Provide IT helpdesk support.
• 📋 Maintain IT inventories and documentation.

Qualifications:

• 🎓 Degree in Information Technology, Computer Science, Management Information Systems, or related field.
• 💼 Minimum 2 years of relevant experience.

📋 General Requirements

• ✅ Age should be below 40 years at the closing date of applications (except Government Sector applicants).
• ✅ Insurance industry experience will be an added advantage.
• ✅ Excellent communication skills.
• ✅ Strong computer literacy.
• ✅ Only shortlisted candidates will be contacted.
• ✅ Canvassing will result in disqualification.

💵 Salary & Benefits

👨‍💼 Assistant Director

• 💰 Monthly Salary: Rs. 225,050
• 🚗 Vehicle Allowance: Rs. 250,000
• 📱 Communication Allowance: Rs. 2,000

👨‍💻 Executive

• 💰 Monthly Salary: Rs. 156,050

🎁 Additional Benefits

• 🏆 Annual performance-based incentives
• 🏥 Comprehensive medical insurance
• ❤️ Life and critical illness cover
• 🛡️ Personal accident insurance
• 🚗 Vehicle and distress loan facilities
• 🎓 Sponsorship for higher studies
• 📚 Professional subscription fee reimbursement
• 🌴 Leave encashment

📅 Application Closing Date

30 June 2026

Applicants must submit applications through the prescribed Google Form available on the official IRCSL website.

🏢 Organization Details

Insurance Regulatory Commission of Sri Lanka (IRCSL)
📍 Level 11, East Tower, World Trade Centre, Colombo 01
🌐 Website: www.ircsl.gov.lk

🔍 Why Join IRCSL?

Working at IRCSL offers professionals the opportunity to contribute to the regulation and development of Sri Lanka’s insurance industry while enjoying competitive salaries, excellent benefits, and opportunities for career growth.

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