Head of Claims, Retrocession and Risk Management Vacancies at Pakistan Reinsurance Company Limited

About the role

Pakistan Reinsurance Company Limited (PRCL), under the administrative control of the Ministry of Commerce, Government of Pakistan, invites applications for three management positions with a market-competitive salary package. Candidates must meet the qualifications, relevant experience requirements and age limit for their chosen position.

Appointments will be on a full-time, gratuity-based, non-pensionable basis under the Monetized Salary Policy (MSP). PRCL is an equal opportunity employer.

Posts and vacancies

Eligibility

All applicants must be no more than 50 years old on the closing date.

Head of Claims and Head of Retrocession

Applicants must meet either of the following qualification and experience routes:

• Advanced Diploma in Insurance (ACII), with at least six years of experience in general insurance or reinsurance companies, Takaful operators and/or insurance or reinsurance brokers. Preference will be given to candidates with experience in reinsurance and/or retakaful placements, underwriting and/or claims.

• A master's or bachelor's degree comprising 16 years of education in Insurance, Risk Management, Actuarial Science, Commerce, Economics or Finance from an HEC-recognized university; Chartered Property Casualty Underwriter (CPCU); or Diploma (CII), with at least eight years of experience in general insurance or reinsurance companies, Takaful operators and/or insurance or reinsurance brokers. Preference will be given to candidates with experience in reinsurance and/or retakaful placements, underwriting and/or claims.

Head of Risk Management

Applicants must meet either of the following routes:

• Advanced Diploma in Insurance (ACII), with at least six years of experience in general insurance companies or Takaful operators, including at least three years in the Risk Management Department.

• A master's or bachelor's degree comprising 16 years of education in Insurance and Risk Management, Commerce or Finance from an HEC-recognized university; Chartered Property Casualty Underwriter (CPCU); or Diploma (CII), with at least eight years of experience in general insurance companies and/or Takaful operators, including at least four years in the Risk Management Department.

How to apply

For Head of Claims, apply online at https://njp.gov.pk

For Head of Retrocession and Head of Risk Management, register and submit the application online through Open Testing Service (OTS) at https://www.ots.org.pk To pay the application fee, log in to your banking app, select “1-Bill Payment,” enter your PSID, verify the details and complete the payment.

Applicants must upload scanned copies of their CNIC, academic or professional degrees and transcripts, and experience certificates. The OTS application instructions also require the front and back of the CNIC, a domicile certificate, experience letters where applicable, and other relevant documents. Original documents and HEC-verified testimonials will be required at the interview.

Public-sector employees must provide a No Objection Certificate at the interview. Only shortlisted applicants will be invited for an interview, and interview attendance will not qualify for any TA/DA.

After applying through OTS, applicants should regularly check https://www.ots.org.pk for announcements relating to the recruitment, including the procedure for roll number slips, the written-test schedule and results.

For details, contact the OTS UAN/helpline at 051-111-687-222 or email [email protected].

Applications that do not follow these instructions will not be considered. PRCL may stop the hiring process at any stage without assigning a reason. Selected applicants will undergo an interview, and the selection will be finalized under PRCL's approved policy. Any attempt to influence recruitment or selection will lead to disqualification, even if the candidate is otherwise qualified.

Important dates

Applications must be submitted within 15 days of publication, making the application deadline 16 November 2026.