Career Opportunities: Senior Leadership Roles at Punjab Life Insurance Company Limited

Further Details

Punjab Life Insurance Company Limited (PLIC), Pakistan's leading provincial government-owned life insurance firm, is announcing career openings for ambitious professionals. The company is dedicated to advancing its services and seeks individuals who can contribute to high-performance agency sales, strategic bancassurance partnerships, and overall market growth. These roles are vital for the operational excellence and sustained success of PLIC. The organization is committed to fair recruitment practices and encourages diverse applications, emphasizing professional development and competitive remuneration for selected candidates who meet the specified criteria for these prominent positions.

Career Opportunities: Senior Leadership Roles at Punjab Life Insurance Company Limited

Punjab Life Insurance Company Limited (PLIC), Pakistan's prominent provincial government-owned life insurance provider, is inviting applications for several key leadership positions. This is a significant opportunity for experienced professionals to contribute to the strategic direction and operational success of a leading organization in the insurance sector. The company is committed to merit-based recruitment and offers competitive remuneration packages.

These roles are essential for driving growth in agency sales, bancassurance, and overall market presence. PLIC is dedicated to fostering a professional environment that encourages innovation, collaboration, and customer-centric approaches. We encourage candidates who meet the specified qualifications and experience criteria to apply and become part of our esteemed team.

• Head of Agency Sales (Life): Requires a Bachelor's or Master's degree with a minimum of 15 years of relevant experience in life insurance, including 7 years in a senior role and experience managing a large field force.
• Head of Bancassurance Business: Needs a Bachelor's or Master's degree with 15 years of relevant bancassurance experience, including 7 years in a senior role, and team management experience with sizable banks or managing significant banca resources.
• Head of Alternative/Affinity Business: A Bachelor's or Master's degree is required, along with 10 years of relevant experience in life/Fintech, including 4 years in a senior role, and comprehensive knowledge of insurance products and POS.
• National Sales Manager (Bancassurance): This position requires a Bachelor's or Master's degree, 10 years of relevant bancassurance experience, 4 years in a senior role, and experience managing sizable banks or banca resources.

Important Note: Only shortlisted candidates will be contacted for interviews. No travel or daily allowance will be provided. PLIC reserves the right to accept or reject any application without assigning a reason. Females, minorities, PWDs, and transgender individuals are strongly encouraged to apply. Additionally, public sector jobs are available for qualified candidates. All positions offer market-based competitive remuneration.

Skills

• Agency sales strategy alignment
• Leadership and mentoring abilities
• Sales team recruitment and management
• Market opportunity identification
• Bancassurance strategy development
• Partnership establishment with banks
• Sales target setting and achievement
• Relationship building with stakeholders
• Driving long-term channel sustainability
• Compliance with regulatory requirements
• Customer-centric initiative implementation
• Sales operations management
• Revenue and profitability target setting
• Recruiting, training, and coaching sales teams
• Ensuring high customer satisfaction and retention

Duties and Responsibilities:

• Develop and execute high-impact agency sales strategies for sustainable growth
• Lead, mentor, and build high-performance sales teams to achieve targets
• Identify and capitalize on new market opportunities and expansion strategies
• Develop robust bancassurance strategies and foster profitable partnerships with financial institutions
• Drive annual business planning, budget allocation, and profitability goal achievement
• Cultivate strong relationships with key business partners and stakeholders to enhance channel sustainability
• Ensure adherence to regulatory and governance requirements within the bancassurance operations
• Spearhead innovation and customer-focused initiatives within the bancassurance segment
• Manage alternative/affinity business development, driving account performance through collaborative efforts
• Monitor competitor activities and conduct regular partner meetings with actionable deliverables
• Achieve substantial business growth, profitability, and market share targets
• Implement effective sales plans aligned with overall corporate objectives
• Build strategic relationships and identify growth opportunities in new markets
• Recruit, train, and coach regional and branch sales teams to optimize performance
• Ensure exceptional levels of customer satisfaction and retention across all operations

How to apply

• 📝 Prepare Your Application: Compile your up-to-date Curriculum Vitae (CV).
• 📄 Gather Supporting Documents: Include copies of your Computerized National Identity Card (CNIC), domicile certificate, academic credentials (degrees and certificates), and professional experience letters.
• 📸 Include Photographs: Attach two recent passport-sized photographs.
• 📧 Specify Position: Clearly mention the specific position you are applying for on the envelope and in the email header.
• 📩 Send Application: Submit your complete application via email to hr@punjablife.com.pk.
• ⏳ Application Deadline: Ensure your application is submitted within fifteen (15) days of the advertisement date.
• 🏢 Postal Submission (if required): For envelope submissions, address it to Punjab Life Insurance Company Limited, 1st Floor, Pakistan Engineering Congress Building, 97-A, Block D1, Liberty Market Gulberg III, Lahore.

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