The Great Place to Work© (GPTW) Institute recognized Union Assurance PLC, for the ninth year, as a workplace that is conducive to growth and personal development. Based on a survey, the GPTW recognizes an organization’s commitment to nurturing and developing its human resources.
Commenting on the recognition, Jude Gomes, the CEO of Union Assurance said, “This achievement is a representation of our commitment to make Union Assurance an engaging and enjoyable place to work. For Union Assurance to sustain this recognition for nine years reflects our continuous hard work in building a high-trust workplace culture. We take great pride in creating an enabling environment that fosters innovation and customer-centricity. An environment in which employees feel safe and trusted enables out-of-the-box thinking.”
The Company’s success is pivoted on a strong employee value proposition which aligns policies and practices to create a work environment that is engaging and allows for innovation. With career development being a key value driver, the Company took an innovative approach through STEP (Striving To Excellence Programme) offering high performers the opportunity to accelerate towards future leadership roles through exposure and interaction with the corporate management, partake in live business projects, and role-modelling opportunities. Despite remote working environments, Union Assurance continued to keep teams motivated and engaged, striking a balance between work and play with digital town-halls for quarterly updates, and monthly happy hours to promote camaraderie, complete with fun and games for employees.
While customer-centricity, innovation, and learning are at the core of the Company’s culture, Union Assurance ensures alignment to its vision, mission, and values to make a positive impact on its people and thus becoming a great place to work.
Union Assurance is a part of the John Keells Group, Sri Lanka’s largest listed conglomerate. It is among the most awarded Insurance companies in Sri Lanka, completing over three decades of success with a market capitalization of Rs. 18.2 Bn, a Life Fund of Rs. 45 Bn as of May 2021, and a Capital Adequacy Ratio (CAR) of 313% as of April 2021. Set to empower the Sri Lankan Dream, Union Assurance offers Life Insurance solutions that cover the education, health, investment, protection, and retirement needs of Sri Lankans. With 76 branches and an over 3000-strong workforce, Union Assurance continues to invest in people, products, and processes with a customer-centric focus to be responsive to emerging changes in the Life Insurance industry.