Chief Financial Officer Career Opportunity at Pakistan Reinsurance Company Limited

Further Details

Pakistan Reinsurance Company Limited (PRCL), a government entity under the Ministry of Commerce, is announcing a vacancy for the Chief Financial Officer position. This role is crucial for managing the financial operations of the company and requires a professional with a strong academic and practical background in finance. The Chief Financial Officer will oversee all financial aspects, ensuring compliance with regulations and driving strategic financial planning. This is a contractual opportunity for professionals aiming to make a substantial impact in the insurance industry. PRCL strives to be an equal opportunity employer, offering a professional environment for career growth.

Chief Financial Officer Vacancy at Pakistan Reinsurance Company Limited

The Pakistan Reinsurance Company Limited (PRCL), a prominent organization operating under the administrative purview of the Ministry of Commerce, has announced a significant career opportunity for a Chief Financial Officer (CFO). This role is offered on a contractual basis, representing a key position within the company's leadership structure. PRCL is dedicated to fostering a professional environment and is recognized as an equal opportunity employer. This advertisement specifically targets seasoned finance professionals who can bring a wealth of experience and expertise to the role. The Chief Financial Officer will play a pivotal part in shaping the company's financial future, ensuring robust financial governance and driving strategic initiatives within the insurance sector. **Key Highlights of the Chief Financial Officer Role:**

• Job Title: Chief Financial Officer
• Employer: Pakistan Reinsurance Company Limited (PRCL)
• Employment Type: Contractual Basis (Initial 2 years, extendable)
• Location: Karachi, Pakistan
• Key Responsibilities: Financial oversight, strategic planning, regulatory compliance
• Required Qualification: Master's degree in finance-related disciplines or equivalent professional qualifications.
• Experience: Minimum 5-10 years of relevant managerial experience.
• Age Limit: Not more than 57 years as of the closing date.
• Application Deadline: 3rd November 2026

**Details of the Chief Financial Officer Position:** Position: Chief Financial Officer Number of Vacancies: 01 Minimum Qualification & Experience:

• Membership in a recognized professional accounting body with at least five years of experience.
• A Master's degree in finance-related fields from an HEC-recognized university with at least ten years of experience.
• Fellow or Associate membership of the Casualty Actuarial Society, Institute of Actuaries in England, or Society of Actuaries in the United States, with five years of managerial experience in audit, accounting, or financial/corporate affairs within an insurer.

Preferred Experience:

• Proficiency in IFRS 17 implementation and knowledge.
• Experience as a key officer in the insurance industry.
• Previous experience as a CFO in an insurance company or public sector entity.
• Familiarity with public procurement processes and PPRA Rules/Regulations.
• Exposure to Enterprise Resource Planning (ERP) environments.

Skills

• Knowledge and implementation of IFRS 17
• Experience in the insurance industry
• Experience as CFO in an insurance company or public sector
• Knowledge of PPRA Rules / Regulations
• Exposure to ERP environment
• Strong understanding of financial management and corporate affairs
• Excellent analytical and strategic planning skills

Duties and Responsibilities:

• Manage the company's financial operations
• Oversee financial planning and strategy
• Ensure compliance with financial regulations and reporting standards
• Provide leadership and guidance to the finance team
• Contribute to strategic decision-making at the executive level
• Manage relationships with stakeholders and regulatory bodies

How to apply

Interested and eligible candidates are encouraged to submit their applications for the Chief Financial Officer role at Pakistan Reinsurance Company Limited (PRCL). Please follow these steps carefully to ensure your application is considered:

• Step 1: Application Submission Forward your application via email to careers@pakre.org.pk. Ensure that the subject line of your email clearly mentions the position title: "Chief Financial Officer".
• Step 2: Application Components Your application must be accompanied by the following documents:
  • A completed prescribed application form, downloadable from the official PRCL website (www.pakre.org.pk).
  • Copies of your National Identity Card (CNIC).
  • Copies of academic and professional certificates, transcripts, and degrees.
  • Copies of relevant experience certificates.
• Step 3: Further Documentation (Interview Stage) Original academic and professional documents, along with an HEC-verified testimonial, will be required during the interview process.
• Step 4: Government/Public Sector Applicants Candidates currently employed in government, semi-government, or autonomous bodies must provide a No Objection Certificate (NOC) at the time of the interview.
• Step 5: Important Notes
  • The appointment will be on a contract basis, initially for two years, with the possibility of extension based on performance.
  • PRCL is an equal opportunity employer and does not discriminate on any basis.
  • No TA/DA will be admissible for candidates appearing for the interview.
  • PRCL reserves the right to modify or cancel the hiring process at any stage without providing a reason.
  • Only shortlisted candidates will be contacted for an interview.
  • Any attempt to influence the recruitment process may lead to disqualification.
  • Incomplete or late applications will not be entertained.
• Step 6: Application Deadline All applications must be submitted by 3rd November 2026.
• Step 7: Further Information For any general queries, please contact the HR Department at Pakistan Reinsurance Company Limited, PRC Towers 32-A Lalazar Drive M.T Khan Road, Karachi. You can also reach them via phone at 021-99202928 (Ext: 245 or 281) or email at careers@pakre.org.pk.

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