Pakistan Reinsurance Company Limited Jobs 2026 for Head of Claims, Retrocession and Risk Management Posts
Pakistan Reinsurance Company Limited (PRCL), under the administrative control of the Ministry of Commerce, is inviting applications for three senior management positions. The available posts are Head of Claims, Head of Retrocession and Head of Risk Management. Applicants require relevant insurance qualifications or a qualifying Bachelor’s/Master’s degree, together with the prescribed professional experience. Experience requirements range from six to eight years, with additional risk management experience required for the Head of Risk Management role. Candidates must not exceed 50 years of age on the closing date. Appointments will be full-time, gratuity-based and non-pensionable under the Monetized Salary Policy. Eligible applicants must apply online through the designated portal within 15 days of publication.
Info
Details
Name of Organization
Pakistan Reinsurance Company Limited (PRCL)
Parent Ministry
Ministry of Commerce, Government of Pakistan
Post Names
Head of Claims, Head of Retrocession and Head of Risk Management
Education
ACII, CPCU, Diploma CII or relevant Bachelor’s/Master’s degree comprising 16 years of education
Total Vacancies
3
Employment Type
Full-time, gratuity-based and non-pensionable
Apply Mode
Online; National Job Portal for Head of Claims and OTS for the other two posts
Last Date To Apply
15th November 2026
Pakistan Reinsurance Company Limited Vacancy
Post Name
Vacancy
Education
Head of Claims — MSPS-8
1
Advanced Diploma in Insurance (ACII); or relevant 16-year Bachelor’s/Master’s degree in Insurance, Risk Management, Actuarial Science, Commerce, Economics or Finance; or CPCU/Diploma CII
Head of Retrocession — MSPS-7
1
Advanced Diploma in Insurance (ACII); or relevant 16-year Bachelor’s/Master’s degree in Insurance, Risk Management, Actuarial Science, Commerce, Economics or Finance; or CPCU/Diploma CII
Head of Risk Management — MSPS-6
1
Advanced Diploma in Insurance (ACII); or relevant 16-year Bachelor’s/Master’s degree in Insurance and Risk Management, Commerce or Finance; or CPCU/Diploma CII
Eligibility Criteria and Experience Requirements
Post Name
Experience Requirements
Head of Claims
ACII with at least 6 years of experience, or the alternative prescribed qualification with at least 8 years of experience, in general insurance/reinsurance companies, Takaful operators or insurance/reinsurance brokers
Head of Retrocession
ACII with at least 6 years of experience, or the alternative prescribed qualification with at least 8 years of experience, in general insurance/reinsurance companies, Takaful operators or insurance/reinsurance brokers
Head of Risk Management
ACII with at least 6 years of experience in general insurance companies or Takaful operators, including at least 3 years in a Risk Management Department; or the alternative prescribed qualification with at least 8 years of relevant industry experience, including at least 4 years in a Risk Management Department
For Head of Claims and Head of Retrocession, preference will be given to candidates with experience in reinsurance or retakaful placements, underwriting or claims.
Academic degrees must be from HEC-recognized universities where specified.
Public-sector employees must provide an NOC at the interview.
Original documents and HEC-verified testimonials must be presented at the interview.
PRCL is an equal opportunity employer.
Salary
Market-competitive salary package under the Monetized Salary Policy.
Monthly salary amount: Not Given.
Appointments are gratuity-based and non-pensionable.
Age Limit
Maximum age: 50 years for all three positions.
Age will be assessed on the application closing date.
Application Fee
OTS applicants must pay the applicable application fee through the prescribed payment system.
Fee amount: Not Given.
Selection Process
Only shortlisted applicants will be invited for an interview.
Selection will be finalized under PRCL’s approved policy.
No TA/DA will be provided.
Attempts to influence recruitment will result in disqualification.
PRCL may stop the hiring process at any stage.
How to Apply
Apply through the National Job Portal for Head of Claims.
Apply through the OTS online portal for Head of Retrocession or Head of Risk Management.
Complete the relevant application form and upload an updated CV, CNIC, academic/professional qualifications, transcripts and experience certificates.
OTS applicants must also upload scanned copies of the front and back of their CNIC, domicile and other relevant supporting documents.
For the OTS application fee, select “1-Bill Payment†in your banking app, enter the PSID, verify the details and complete payment.
Submit the application within 15 days of publication.
OTS applicants should regularly check the applicant portal for roll-number slips, test schedules, results and recruitment updates.
Bring original documents and HEC-verified testimonials when called for an interview.
