Career Opportunities: Actuarial Analyst, Senior Analyst & Associate Actuary Roles

Further Details

Primehr, a leading HR services provider, is partnering with State Life Insurance Corporation of Pakistan to recruit for the Actuarial Division. This government sector initiative offers career growth for professionals in Karachi. We are looking for skilled individuals for Actuarial Analyst, Senior Actuarial Analyst, and Associate Actuary positions. The roles involve comprehensive actuarial work, including valuations, financial reporting, and regulatory compliance. Discover exciting job opportunities in Pakistan's insurance industry.

Career Opportunities in Actuarial Science with State Life Insurance Corporation of Pakistan

State Life Insurance Corporation of Pakistan, in partnership with Primehr, is announcing exciting career prospects for skilled professionals in the actuarial field. These government sector positions are based in Karachi and offer a unique platform for individuals looking to advance their careers in actuarial valuations, financial reporting, and product development. We are committed to fostering talent and providing a challenging yet rewarding work environment.

Explore these opportunities to contribute to a leading insurance organization and gain invaluable experience in a dynamic sector.

• Job Sector: Government
• Location: Karachi, Pakistan
• Key Areas: Actuarial Valuations, Financial Reporting, Product Development, Regulatory Compliance
• Benefits: Competitive salary, professional growth, and career development

Detailed Job Positions:

Sr.#	Job Title	Required Qualifications	Experience	Salary Range	Vacancies	Age Limit
1	Deputy Manager, Associate Actuary (Life Funds)	Associate member of the Society of Actuaries (SOA), USA / Institute & Faculty of Actuaries (Ifoa), UK	At least 2-3 years		1	45 years
2	Deputy Manager, Associate Actuary (Takaful Funds)	Associate member of the Society of Actuaries (SOA), USA / Institute & Faculty of Actuaries (Ifoa), UK	At least 2-3 years		1	45 years
3	Assistant Manager, Senior Actuarial Analyst (Life Funds)	4-years Bachelor degree or equivalent qualification & passed at least 3 exams (excluding VEEs and Modules) of the Society of Actuaries (SOA), USA / Institute & Faculty of Actuaries (Ifoa), UK	At least 1-2 years		1	45 years
4	Assistant Manager, Senior Actuarial Analyst (Takaful Funds)	4-years Bachelor degree or equivalent qualification & passed at least 3 exams (excluding VEEs and Modules) of the Society of Actuaries (SOA), USA / Institute & Faculty of Actuaries (Ifoa), UK	At least 1-2 years		1	45 years
5	Assistant Manager, Senior Actuarial Analyst (Pension Fund and Health Fund)	4-years Bachelor degree or equivalent qualification & passed at least 3 exams (excluding VEEs and Modules) of the Society of Actuaries (SOA), USA / Institute & Faculty of Actuaries (Ifoa), UK	At least 1-2 years		1	45 years
6	Assistant Manager, Actuarial Analyst (Life Funds)	4-years Bachelor degree or equivalent qualification & passed at least 1 exam (excluding VEEs and Modules) of the Society of Actuaries (SOA), USA / Institute & Faculty of Actuaries (Ifoa), UK	At least 1-2 years		1	45 years
7	Assistant Manager, Actuarial Analyst (Takaful Funds)	4-years Bachelor degree or equivalent qualification & passed at least 1 exam (excluding VEEs and Modules) of the Society of Actuaries (SOA), USA / Institute & Faculty of Actuaries (Ifoa), UK	At least 1-2 years		1	45 years
8	Assistant Manager, Actuarial Analyst (Pension Fund)	4-years Bachelor degree or equivalent qualification & passed at least 1 exam (excluding VEEs and Modules) of the Society of Actuaries (SOA), USA / Institute & Faculty of Actuaries (Ifoa), UK	At least 1-2 years		1	45 years
9	Assistant Manager, Actuarial Analyst (Health Funds)	4-years Bachelor degree or equivalent qualification & passed at least 1 exam (excluding VEEs and Modules) of the Society of Actuaries (SOA), USA / Institute & Faculty of Actuaries (Ifoa), UK	At least 1-2 years		1	45 years

Skills

• Perform and review actuarial pricing, valuation, and IFRS-17 reporting
• Support assumption setting, methodology development, and maintenance of actuarial models
• Assist in solvency and capital adequacy assessments and ensure regulatory compliance
• Provide technical support, mentor junior staff, and contribute to management reports and decision-making
• Carry out experience analyses and maintain actuarial models and documentation
• Coordinate with Finance, Underwriting, IT, and Reinsurance/Retakaful teams and support audits

Duties and Responsibilities:

• Perform and review actuarial pricing, valuation, and IFRS-17 reporting for Life business under the guidance of actuarial managers
• Support assumption setting, methodology development, and maintenance of actuarial models
• Assist in solvency and capital adequacy assessments and ensure regulatory compliance
• Provide technical support, mentor junior staff, and contribute to management reports and decision-making
• Independently perform actuarial valuation, and IFRS-17 calculations for Life portfolios
• Individual & Group Life product development and pricing
• Carry out experience analyses and maintain actuarial models and documentation
• Coordinate with Finance, Underwriting, IT, and Reinsurance/Retakaful teams and support audits
• Support pricing and profitability analysis for Takaful business
• Assist in actuarial valuations, reserving, and IFRS-17 reporting
• Perform data validation, actuarial modeling, and experience analysis
• Support solvency calculations and preparation of regulatory and financial reports
• Support pricing and profitability analysis for Pension products
• Support pricing and profitability analysis for Health products

How to apply

Interested candidates who meet the specified qualifications and experience criteria are encouraged to submit their applications promptly. Successful candidates will benefit from these job openings. Please follow these steps carefully:

• 💼 Prepare Your Application: Ensure you have all necessary documents ready.
• 📝 Required Documents:
  • Updated Resume/CV
  • CNIC (Computerized National Identity Card)
  • All educational documents (degrees, certificates)
  • 02 recent passport-size photos
  • Domicile certificate
• 🌐 Online Application Portal: Apply online through the official career portal at career.primehr.com.pk.
• 👉 Separate Applications: If you are applying for multiple positions, submit a separate application for each role.
• ⏳ Application Deadline: All applications must be submitted within fifteen (15) days of this advertisement's publication. Late submissions will not be entertained.
• ⚠️ Important Notes:
  • Only shortlisted candidates will be contacted for the test/interview.
  • No TA/DA will be admissible for the test/interview.
  • Female candidates are encouraged to apply.
  • Provincial Quota will be observed as per Federal Government Policy.
  • The salary package will be determined based on prevailing organizational rules and policies.
  • Government employees are required to apply through the proper channel and obtain a No Objection Certificate (NOC) from their parent department.
  • The client reserves the right to accept, reject, or postpone any application without assigning any reason.
  • These positions are strictly Karachi-based and non-transferable.

Additionally, employment are available for qualified candidates.

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