The Ministry of Commerce, Government of Pakistan, has officially announced a prestigious career opportunity through the Pakistan Reinsurance Company Limited (PRCL). If you possess extensive leadership experience in the insurance or reinsurance sector, this is a prime executive-level career opening to join a premier state-owned institution in Karachi.
In this comprehensive guide, we cover everything you need to know about the PRCL Executive Director Underwriting position, including qualification requirements, age limits, salary framework, and the step-by-step online application process.
2. Job Summary Table
| Feature | Detail |
| Organization Name | Pakistan Reinsurance Company Limited (PRCL) |
| Ministry / Control | Ministry of Commerce, Government of Pakistan |
| Job Title | Executive Director (Underwriting) |
| Total Vacancies | 01 |
| Job Type | Contractual (3-year performance-based contract) |
| Job Location | Karachi, Pakistan |
| Age Limit | Maximum 57 years as of the closing date |
| Qualification & Experience | ACII/FCII, Master’s in Insurance/Risk Management/Finance/M.Com, or Actuarial Fellowship with 15–20 years relevant experience |
| Application Portal | National Job Portal (NJP) |
| Official Website | www.njp.gov.pk |
| Contact Email | careers@pakre.org.pk |
| Last Date to Apply | Within 15 days of the advertisement publication |
Position Overview & Vacancy Details
PRCL is seeking a dynamic, high-caliber professional to fill a key leadership role on a performance-based contract.
- Position Name: Executive Director (Underwriting)
- Number of Openings: 01 Post
- Contract Tenure: 3 years (performance-based)
Minimum Qualifications and Experience Criteria
Candidates must meet any one of the following eligibility tracks:
- Track A: ACII or FCII qualification, with at least 15 years of relevant post-qualification experience with an Insurer/Reinsurer, out of which 5 years must be in a Key Officer position.
- Track B: Master’s degree or 16 years of education in Insurance, Risk Management, Finance, or M.Com (Insurance) from an HEC-recognized university, with at least 20 years of post-qualification experience with an Insurer/Reinsurer, out of which 5 years must be as a Key Officer.
- Track C: Fellow or Associate member of the Casualty Actuarial Society, the Institute of Actuaries in England, or the Society of Actuaries in the USA, with at least 15 years of relevant post-qualification experience, out of which 5 years must be as a Key Officer.
- Age Limit: Applicants must not be more than 57 years of age as of the closing date of the advertisement.
Salary and Compensation Package
The selected candidate will be offered a highly competitive, market-based compensation package backed by an attractive salary, which will be mutually decided during the interview based on the candidate’s verified relevant experience.
How to Apply Online for PRCL Jobs 2026?
Follow these steps to submit your job application successfully:
- Visit the official National Job Portal website at Apply Link: https://www.njp.gov.pk.
- Complete your profile and submit your application online within 15 days of the publication of the advertisement.
- Upload your updated CV/resume along with scanned copies of your CNIC, academic/professional degrees, transcripts, and experience certificates.
- Ensure all information is accurate, as applications not submitted according to instructions will be rejected.
Important Note: Original documents and HEC-verified testimonials will be mandatory at the time of the interview. No TA/DA will be admissible for appearing in the test or interview.
Official Contact Information
For any general queries or technical assistance during online submission, you can reach out to the HR Department:
- Phone: 021-99202908 (Ext: 245 or 281)
- Email: careers@pakre.org.pk
- Address: PRC Towers, 32-A Lalazar Drive, M.T Khan Road, Karachi
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