Chief Financial Officer Opportunity at Pakistan Reinsurance Company Limited

Further Details

Pakistan Reinsurance Company Limited (PRCL), operating under the Ministry of Commerce, is actively recruiting for a Chief Financial Officer. This government sector position demands a candidate with a minimum of five years of relevant experience in audit or accounting, or a master's degree in finance with at least ten years of experience. Alternatively, a Fellow or Associate membership from recognized actuarial societies is acceptable. The role requires comprehensive knowledge of IFRS 17, experience in the insurance industry, and familiarity with public procurement rules. The Chief Financial Officer will be instrumental in managing the financial health and strategic direction of the company. This is a prime opportunity for experienced finance professionals seeking a significant role within a reputable government entity. This is a contract position, initially for two years, with the possibility of further extension based on performance. The application deadline is November 3rd, 2026. Interested candidates are encouraged to apply through the official channels provided.

Chief Financial Officer Career Opportunity at PRCL

Pakistan Reinsurance Company Limited (PRCL), a prominent entity under the Ministry of Commerce, is actively seeking a seasoned professional for the critical role of Chief Financial Officer. This government sector position offers a unique platform for a finance leader to drive strategic financial initiatives and ensure operational excellence within the insurance industry. The ideal candidate will possess a robust understanding of financial management, corporate governance, and regulatory compliance.

This opportunity is ideal for individuals with a strong academic foundation, including a Master's degree in finance or equivalent professional qualifications, coupled with substantial experience in audit, accounting, or managing financial affairs within an insurer. A proven ability to navigate complex financial landscapes, including IFRS 17 and public procurement regulations, is essential for success in this role.

PRCL is committed to fostering a professional environment and offers a contract-based appointment with the potential for extension. This is a chance to make a significant impact on a key government organization. This position represents excellent latest recruitment in the region. We are looking for candidates who are not only technically proficient but also possess strong leadership and analytical skills.

• Job Title: Chief Financial Officer
• Department: Finance
• Location: Karachi, Pakistan
• Experience Required: Minimum 5 years in audit/accounting or 10 years with a Master's degree
• Qualifications: Master's degree in finance, Fellow/Associate of Casualty Actuarial Society or Institute of Actuaries, or equivalent
• Key Skills: IFRS 17, Insurance Industry, Public Procurement, ERP
• Contract Duration: 2 years, extendable
• Application Deadline: 3rd November 2026

Skills

• Knowledge and implementation of IFRS 17
• Experience in the insurance industry
• Experience serving as CFO in an insurance company or public sector
• Knowledge of dealing with public procurement and PPRA Rules / Regulations
• Exposure to ERP environment

Duties and Responsibilities:

• Manage financial operations of the company
• Oversee audit and accounting functions
• Ensure compliance with financial regulations
• Develop and implement financial strategies
• Report on financial performance to stakeholders

How to apply

• Application Submission: Interested candidates are invited to submit their applications by 3rd November 2026.
• Email Application: Send your application to careers@pakre.org.pk. Please mention the position title, 'Chief Financial Officer', in the subject line of your email.
• Required Documents: Attach copies of your CNIC, academic transcripts, professional certificates, and experience certificates with your application.
• Application Form: The prescribed application form is available for download from the official PRCL website: www.pakre.org.pk.
• Testimonials: Original academic and professional documents, along with an HEC-verified testimonial, will be required at the time of the interview.
• Government/Semi-Government Employees: Applicants currently working in government, semi-government, or autonomous bodies must provide a No Objection Certificate (NOC) at the time of the interview.
• Interview Process: Shortlisted candidates will be contacted for an interview and selection process.
• Important Note: Incomplete or delayed applications will not be considered. PRCL reserves the right to cancel the hiring process at any stage without assigning any reason.
• General Queries: For any general inquiries, please contact the HR Department at PRC Towers 32-A Lalazar Drive M.T Khan Road, Karachi, or call 021-99202928 (Ext: 245 or 281).

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