Career Opportunities at Pakistan Reinsurance Company Limited

Further Details

Pakistan Reinsurance Company Limited (PRCL), operating under the administrative purview of the Ministry of Commerce, Government of Pakistan, announces career opportunities. These positions are ideal for individuals seeking challenging roles in the government sector. We are committed to attracting top talent and offering a stimulating work environment. This is a significant opportunity for professionals aiming for career development within a well-established organization. PRCL provides a robust platform for individuals to utilize their skills and contribute to the nation's financial landscape. Explore these high-impact roles and become part of our esteemed team. Discover diverse career paths within the government sector. We are looking for candidates with specialized knowledge and experience, particularly in insurance and risk management. Embrace this chance for professional advancement with PRCL.

Career Opportunities with Pakistan Reinsurance Company Limited

Pakistan Reinsurance Company Limited (PRCL), a distinguished government-owned entity operating under the Ministry of Commerce, Government of Pakistan, is actively seeking accomplished professionals to join its team. These exciting career opportunities are designed for individuals who possess a strong academic background and relevant professional experience. PRCL offers a competitive salary package and a conducive environment for career development. We are looking for candidates who are ready to take on new challenges and contribute significantly to the organization's objectives. This is an exceptional chance to advance your career within the government sector.

PRCL is committed to fostering a culture of excellence and innovation. The company prioritizes the professional growth of its employees and provides a platform for continuous learning. If you are passionate about the insurance industry and aspire to work for a leading public sector organization, these vacancies present a unique pathway. We encourage all eligible candidates to review the requirements carefully and apply promptly.

Explore these high-volume government jobs for a rewarding career in the financial sector. We are particularly interested in candidates with expertise in reinsurance, claims management, and comprehensive risk assessment. Join a reputable organization that values talent and dedication.

Job Positions Available:

• Head of Claims (MSPS-8): Requires an Advanced Diploma in Insurance (ACII) with at least six (06) years of experience in general insurance/reinsurance or a related field. Preference will be given to candidates with experience in reinsurance, retakaful placements, or underwriting. Alternatively, a Master's or Bachelor's degree (16 years of education) in Insurance, Risk Management, Actuarial Science, Commerce, or Economics from an HEC-recognized university, or CPCU/Diploma (CII) with at least eight (08) years of relevant experience, is also accepted.
• Head of Retrocession (MSPS-7): Requires an Advanced Diploma in Insurance (ACII) with at least six (06) years of experience in general insurance/reinsurance or a related field, including experience in retakaful operations. Alternatively, a Master's or Bachelor's degree (16 years of education) in Insurance, Risk Management, Actuarial Science, Commerce, or Economics from an HEC-recognized university, or CPCU/Diploma (CII) with at least eight (08) years of relevant experience, is also accepted.
• Head of Risk Management (MSPS-6): Requires an Advanced Diploma in Insurance (ACII) with at least six (06) years of experience in general insurance/reinsurance, including at least three (03) years in the Risk Management Department. Alternatively, a Master's or Bachelor's degree (16 years of education) in Insurance and Risk Management/Commerce/Finance from an HEC-recognized university, or CPCU/Diploma (CII) with at least four (04) years of relevant experience in the Risk Management Department, is accepted.

Skills

• Advanced Diploma in Insurance (ACII)
• Master's or Bachelor's degree in relevant fields
• Experience in general insurance/reinsurance
• Experience in claims handling
• Experience in risk management

Duties and Responsibilities:

• Manage claims processing and settlement
• Oversee retrocession operations
• Handle risk management functions
• Ensure compliance with policies and regulations

How to apply

How to Submit Your Application

• 💼 For the positions of Head of Retrocession (MSPS-7) and Head of Risk Management (MSPS-6), interested candidates must apply online through the OTS website: www.ots.org.pk.
• 👔 For the position of Head of Claims (MSPS-8), applications should be submitted online via the NJP portal: https://njp.gov.pk/.
• 📝 Applicants are required to upload their updated CV (resume), copies of CNIC, academic/professional certificates, and experience certificates. Original documents along with HEC-verified testimonials will be required at the time of the interview.
• 💳 To submit the application fee for positions advertised through OTS, log in to your banking app, select '1-Bill Payment', enter your PSID, and complete the payment process.
• ⏳ Applications must be submitted within fifteen (15) days from the date of publication of this advertisement.
• 📌 For detailed information regarding the application procedure for posts advertised via OTS, please visit www.ots.org.pk and navigate to the relevant section for Roll No. Slip/Written Test Schedule/Result etc.
• ✅ Applicants currently employed in the public sector must provide a No Objection Certificate (NOC) at the time of the interview.
• ⚠️ PRCL reserves the right to alter or cancel the recruitment process at any stage without assigning any reason.
• 📢 Please note that only shortlisted candidates will be invited for an interview, and selection will be finalized according to approved policies.
• 📞 For any further inquiries or assistance, please contact UAN: 051-111-687-222 or email at info@ots.org.pk.

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