Career Opportunities at Pakistan Reinsurance Company Limited PRCL 2024

Career Opportunities at Pakistan Reinsurance Company Limited PRCL 2024

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Pakistan Reinsurance Company Limited (PRCL) is inviting applications for various positions offering competitive market salaries. This guide provides detailed information on the available posts, the qualifications required, the application process, and other essential details for potential applicants.

Available Positions and Qualifications

1. Claims Department

  • Number of Posts: 2
  • Maximum Age: 35 Years
  • Qualifications:
  • Master’s or Bachelor’s degree (16 years of education) in Business Administration, Finance, Economics, Insurance, Risk Management, M.Com (Insurance) from HEC recognized university/institute with at least 3 years of experience in the insurance industry, preferably in Claims.
  • OR Dip (CII) with at least 5 years of experience or ACII with at least 3 years of experience in the insurance industry, preferably in Claims.

2. Taxation Department

  • Number of Posts: 1
  • Maximum Age: 35 Years
  • Qualifications:
  • CA/CMA/ACCA or Master’s or any other degree (16 years of education) in Accounting/Finance from an HEC recognized university/institute with at least 3 years of experience in taxation or a tax-related department.
  • Diploma in Taxation and tax laws of Pakistan will be a plus.

3. Re Takaful (Accounts)

  • Number of Posts: 1
  • Maximum Age: 35 Years
  • Qualifications:
  • CA/CMA/ACCA or Master’s or any other degree (16 years of education) in Accounting/Finance from an HEC recognized university/institute with at least 3 years of experience in taxation, finance, and accounts-related functions.

4. Investment Department

  • Number of Posts: 1
  • Maximum Age: 35 Years
  • Qualifications:
  • MBA (Finance)/ACCA or any other degree (16 years of education) in Finance/Economics/Mathematics from a recognized university/institute with at least 5 years of experience in investment or treasury functions, preferably in a Financial Institution (Banks, DFI, Brokerage Houses, AMCs, Insurance Companies, etc.).
  • Candidates holding CFA charter or pursuing CFA will be a plus.

5. Underwriting Department (Senior Management Executive Underwriting)

  • Number of Posts: 1
  • Maximum Age: 35 Years
  • Qualifications:
  • Associateship/Advanced Diploma (CII) or MBA (IRM) or M.Com (Insurance) or MS/MSc. Actuarial Science from HEC recognized university/institute with at least 3 years of experience in underwriting, preferably in insurance or reinsurance industry.
  • OR Dip (CII) or BBA (Insurance & Risk Management) or Insurance Diploma (PII) or BS/BSc. Actuarial Science from HEC recognized university/institute with at least 5 years of experience in underwriting, preferably in insurance or reinsurance industry.

6. Underwriting Department (Retrocession)

  • Number of Posts: 1
  • Maximum Age: 35 Years
  • Qualifications:
  • Same as above (Underwriting Department – Senior Management Executive Underwriting).

7. Human Resources Department (HR Generalist)

  • Number of Posts: 1
  • Maximum Age: 35 Years
  • Qualifications:
  • Master’s or Bachelor’s degree (16 years of education) in Business Administration with specialization in HR from an HEC recognized university/institute with at least 3 years of experience in HR functions.
  • CHRP/Certificate or diploma from HRCI or CIPD will be a plus.

8. Audit Department

  • Number of Posts: 1
  • Maximum Age: 35 Years
  • Qualifications:
  • CA/CMA/ACCA from a recognized professional body of accountants with at least 3 years of experience in accounts, finance, and audit functions.

9. Risk Management Department

  • Number of Posts: 1
  • Maximum Age: 30 Years
  • Qualifications:
  • MBA (Finance) or CA/CMA/ACCA or any other degree (16 years of education) in Accounting/Finance from an HEC-recognized university/institute with at least 2 years of experience in risk management functions of a financial institution (banking/non-banking).

10. Compliance Department

  • Number of Posts: 1
  • Maximum Age: 30 Years
  • Qualifications:
  • MBA (Finance) or CA/CMA/ACCA or any other degree (16 years of education) in Accounting/Finance from an HEC-recognized university/institute with at least 2 years of experience in risk management functions of a financial institution (banking/non-banking).

11. Corporate Affairs Department (Management Executive)

  • Number of Posts: 1
  • Maximum Age: 30 Years
  • Qualifications:
  • MBA (Finance) or CA/CMA/ACCA or any other degree (16 years of education) in Accounting/Finance/Commerce from an HEC recognized university/institute with at least 2 years of experience in risk management functions of an insurance or reinsurance company, corporate affairs, board secretariat and accounting or finance.
  • Certifications in ICSP/CPA/PIPFA is a plus.
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Important Notes

  1. Female Candidates Encouraged: In compliance with the Prime Minister’s Woman Empowerment Package 2024, PRCL ensures the selection of 33% female candidates among potential applicants as per the recruitment policy.
  2. Equal Opportunity Employer: PRCL encourages applicants with special abilities, women, minorities, and candidates from AJK, Ex-FATA, and Balochistan to apply.
  3. Full-Time Basis: Appointments will be on a gratuity-based, full-time basis as per the Monetized Salary Policy (MSP).
  4. Application Submission: Interested applicants must apply within 15 days from the advertisement publication date using the prescribed application form available on the CTSP website www.ctsp.com.pk. The completed application form, along with the prescribed test fee deposit slip from the CTSP website, three recent color photographs, and copies of CNIC, local/domicile certificate, and education and experience certificates, should be sent to CTSP Head Office at Plot # 140, Street 9, Sector I-10/3, Industrial Area, Islamabad.
  5. Original Documents Required: Original documents and HEC verified testimonials will be required at the time of the interview.
  6. Public Sector Applicants: Applicants working in the public sector must provide an NOC at the time of the interview.
  7. No TA/DA: No TA/DA will be provided for the interview.
  8. Selection Process: Only shortlisted candidates will be invited for interviews. Selection will be finalized as per PRCL’s approved policy.
  9. Recruitment Influence: Any attempts to influence the recruitment process will lead to the disqualification of the potential candidate.
  10. Incomplete Applications: Applications not submitted as per the above instructions will not be considered.

Contact Information

  • Address: Pakistan Reinsurance Company Limited, 14th Floor PRC Towers, 32-A Lalazar Drive, M.T Khan Road, Karachi
  • Phone: 021-99202908-14
  • Website: www.pakre.org.pk

Apply now and take the first step towards an exciting career with Pakistan Reinsurance Company Limited.

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