Ministry of Commerce, Government of Pakistan, through Pakistan Reinsurance Company Limited (PRCL) invites applications for a high profile Career opportunity with qualified and experienced personnel. The organization is seeking applications for the job of the Executive Director (Underwriting) on a contractual basis.
Candidates who are interested in the positions are required to apply online via the National Jobs Portal (NJP) and have relevant insurance, reinsurance, actuarial, finance, or risk management qualifications and considerable experience.
Quick Job Overview
| Details | Information |
|---|---|
| Organization | Pakistan Reinsurance Company Limited (PRCL) |
| Ministery | Commerce Ministry |
| Position | Executive Director (Underwriting) |
| Number of Vacancies | 01 |
| Job Location | Not Separately Specified (NOS) |
| Employment Type | Contract |
| Contract Duration | 3 Years |
| Maximum Age | 57 Years |
| Application Method | Online |
| Application Portal | www.njp.gov.pk |
| Proposal Due: | Within 15 days after advertisement published |
Available Positions
Pakistan Reinsurance Company Limited has an exciting opportunity for a new recruitment for the following position:
- Executive Director (Underwriting)
- Number of Vacancies: 01
- CLOSE ON ADVERTS: Maximum Age of 57 years on the closing date of the advertisement.
- Employment Type: By contract only for a specific performance.
Contract Period: 3 Years.
The opportunity is available for experienced professionals to demonstrate the required educational, professional qualifications and relevant experience as outlined in the prescribed requirements.
Job responsibilities / job description:
There are no specific job duties or descriptions listed for the Executive Director (Underwriting) in the advertisement.
The advertised job is however a specific underwriting position, and must have a proven track record with an insurer or reinsurer. Applicants are required to meet one of the three prescribed qualification and experience pathways.
The candidates are advised to read the official notification and know what exactly they are applying for and the requirements before applying for the job.
Eligibility Criteria
Eligibility criteria for the Pakistan Reinsurance Company Jobs 2026 are as follows:
1. Age Limit
The max limit of age is 57 years.
- The age will be determined on the base of the date of the advertisement’s release.
Professional or educational qualifications, or both.Professional qualifications or educational qualifications, or both.
Qualifications and experience may be met by one or more of the following:
Choose the appropriate qualification: ACII or FCII.Select the qualification: ACII or FCII.
- Should have professional qualifications of ACII or FCII.
- 15 to 20+ years of experience as a post qualifier with an insurer or reinsurer with relevant experience.
- These are based on experience, of which not less than 5 of the last 7 years must have been gained as a Key Officer of an insurer or reinsurer.
B) Master’s Degree or 16 Years of Education
Should have a Masters Degree or 16 years of education in the following:
- Insurance
- Risk Management
- Finance
- M.Com (Insurance)
Qualification needs to be dependent on an HEC recognized university.
- Needs to have been employed by an (insurer/reinsurer) for at least 20 years since qualification.
There must be a minimum of 5 years of the required experience that is derived from working in a Key Officer role in an insurer/ reinsurer.
Option C: Actuarial Professional Membership
- Must be a Fellow or Associate member of the Casualty Actuarial Society, the Institute of Actuaries or the Society of Actuaries in the United States of America.
- Should have a minimum of 15 years of relevant experience.
Five years’ experience as a Key Officer of an insurer/ reinsurer.
Note: The third worded professional membership alternative is somewhat confusing in the provided advertisement. Applicants should refer the original advertisement for the exact copy of the wording.
Important Information
Candidates are advised to take care of the following instructions while applying:
- Pakistan Reinsurance Company Limited (PRCL) is an EOE.
- The position will be offered on a merit/based three-year contract.
- The selected candidate will be paid an attractive competitive package based on market rate.
- The positions are subject to negotiation at interview based on relevant, verifiable, and relevant experience.
- Short listed applicants will be invited for Interview.
- Attending the interview with original documents and HEC verified testimonial required.
- Interview Candidates will not be provided any TA/DA.
- The recruitment process may be discontinued at any time by PRCL, for any reason.
- Any interference with the recruitment and selection process will disqualify.
- If we receive an application that doesn’t adhere to the instructions, it won’t be taken into consideration.
How to Apply for Pakistan Reinsurance Company Jobs 2026
Interested and eligible candidates may submit their application via the National Jobs Portal according to online application procedure announced.
- Visit the official National Jobs Portal: https://www.njp.gov.pk
- Click on the opportunity of the Pakistan Reinsurance Company Limited (PRCL) regarding Executive Director (Underwriting) job.
- Fill out online application process during application period.
- Update CV/Resume and upload.
- Attach a copy of your CNIC.
- Upload copies of academic and professional degrees and transcripts.
- Place appropriate experience certificates.
- Read through the application and submit the application within the portal as directed.
Details for Application Enquiries
Candidates who encounter any problems in completing the online application, may reach out to PRCL HR Department with the following information:
- Duty: HRM Officer (HRH)
- Phone: 021-99202908
- Extensions: 245 or 281
- Email: careers@pakre.org.pk
- Address: PRC Towers, 32-A Lalazar Drive, M.T. Khan Road, Karachi.
Application Deadline
The application deadline for PRCL Executive Director (Underwriting) Jobs 2026 is within fifteen (15) days of the publication of the advertisement.
The candidates are advised to apply through National Jobs Portal in this time frame. There is no designated calendar closing date for this ad.
Inquire about frequently asked questions (FAQs).
Total number of Vacancies available at PRCL?
Pakistan Reinsurance Company Limited (PRC) has released one vacancy for the position of Executive Director (Underwriting).
What is the largest of the ages?
The age is maximum of 57 years as on date of closing of the advertisement.
3. What are the qualifications needed for this job?
Typically, applicants have 15 (or 20) years of experience in a relevant and related area of work with an insurer/reinsurer, depending on the qualification pathway. There are also five years minimum requirements for Experience as a Key Officer for each pathway.
4. What is the length of the contract?
The successful applicant will be engaged for a three year performance-based contract.
Conclusion
Pakistan Reinsurance Company Limited offers a senior-level career opportunity for experienced professionals in the insurance and reinsurance sector. Candidates meeting the prescribed educational qualifications, professional membership requirements, experience criteria, and age limit should submit their applications through the National Jobs Portal within the advertised 15-day period.
