Pakistan Reinsurance Company Limited (PRCL) Executive Director Jobs 2026

Pakistan Reinsurance Company Limited (PRCL), operating under the administrative control of the Ministry of Commerce, has announced a career opportunity for the position of Executive Director (Underwriting). This role is offered on a contractual basis, inviting qualified and experienced individuals to join their team in Karachi. Candidates meeting the specified qualifications and age limit are encouraged to apply online for these PRCL Jobs 2024.

Job Overview

Available Vacancies

PRCL is seeking applications for the following position:

Eligibility Criteria and Qualifications

Applicants for the Executive Director (Underwriting) position must meet the following detailed requirements:

• Age Limit: Not more than 57 years as of the closing date of the advertisement. Government employees may be eligible for age relaxation as per rules, which can extend up to 10 years for certain categories. For detailed information on age relaxation, candidates can refer to the Age Limit and Age Relaxation Rules for Government Jobs in Pakistan.
• Minimum Qualification and Experience: Candidates must fulfill one of the following criteria:
1. Option A: Hold an ACII or FCII qualification with at least 15 years of relevant post-qualification experience with an Insurer/Reinsurer. Out of this, a minimum of 5 years must have been served as a Key Officer of an Insurer/Re-insurer.
2. Option B: Possess a Master’s degree or 16 years of education in Insurance, Risk Management, Finance, or M. Com (Insurance) from an HEC Recognized University. This must be coupled with at least 20 years of post-qualification experience with an Insurer/Re-insurer, of which 5 years must be as a key officer of an insurer/Re-insurer.
3. Option C: Be a Fellow or Associate member of the Casualty Actuarial Society or the Institute of Actuaries in England or Society of Actuaries in the United States of America. Additionally, candidates must have at least 15 years of relevant post-qualification experience, with 5 years as a key officer of an insurer/Re-insurer.

Read moreEquivalence Certificate 2026: HEC & IBCC Process

Last Date to Apply

The deadline for submitting online applications is within fifteen (15) days from the date of publication of this advertisement. Candidates are advised to apply well before the closing date to avoid any technical issues.

Important Instructions

• PRCL is an Equal Opportunity Employer.
• The appointment will be on a performance-based contract for a period of 3 years.
• The selected candidate will receive a competitive, market-based compensation package, with the exact salary to be mutually decided during the interview, commensurate with verifiable experience.
• Original documents along with HEC-verified testimonials will be required at the time of the interview.
• Candidates will not be entitled to any TA/DA for appearing in the interview. For details on travel allowances, refer to TA/DA Rules & Rates for Govt Employees.
• PRCL reserves the right to stop the hiring process at any stage without assigning any reason.
• Only shortlisted applicants will be invited for interviews, and the final selection will be based on PRCL’s approved policy.
• Any attempt to influence the recruitment process will lead to disqualification.
• Applications not submitted as per the instructions will not be considered.

Contact Information

For general queries, please contact:

• HR Department, Pakistan Reinsurance Company Limited
• 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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