Pakistan Reinsurance Company Limited (PRCL) has announced a new recruitment opportunity for highly qualified and experienced professionals in Pakistan. The organization is inviting applications for the position of Executive Director (Underwriting) under the Ministry of Commerce, Government of Pakistan.
This latest PRCL Jobs 2026 announcement is an excellent opportunity for senior professionals who have extensive experience in insurance, reinsurance, underwriting, finance, or risk management. The company is offering a three-year contractual appointment with an attractive, market-based salary package.
According to the official advertisement, only one vacancy is available for this senior management position. Interested candidates must meet the prescribed educational qualifications, professional experience, and age requirements to become eligible.
Applicants can submit their applications online through the National Job Portal within 15 days of the advertisement’s publication.
Latest Pakistan Reinsurance Company Jobs 2026 Details
Here are the important details of the latest PRCL recruitment announcement:
| Information | Details |
|---|---|
| Organization | Pakistan Reinsurance Company Limited |
| Short Name | PRCL |
| Ministry | Ministry of Commerce |
| Job Category | Government Jobs |
| Position | Executive Director (Underwriting) |
| Total Vacancies | 01 |
| Job Location | Karachi |
| Employment Type | Contract Basis |
| Contract Duration | 3 Years |
| Maximum Age | 57 Years |
| Required Experience | 15 to 20 Years |
| Education | Master’s, ACII, FCII or Actuarial Qualification |
| Application Method | Online |
| Registration Portal | National Job Portal |
| Last Date | Within 15 Days of Advertisement Publication |
Available Vacancy in PRCL Careers 2026
Pakistan Reinsurance Company Limited is recruiting an experienced professional for its underwriting department. The selected individual will serve in a senior executive position and will be expected to bring strong professional knowledge and leadership experience.
Executive Director (Underwriting)
- Number of Vacancies: 01
- Maximum Age: 57 Years
- Job Type: Contractual
- Contract Period: Three Years
- Organization: Pakistan Reinsurance Company Limited
Candidates with a strong background in insurance and reinsurance operations are encouraged to review the eligibility requirements before applying.
Educational Qualifications Required
The organization has announced three different qualification routes for applicants. Candidates can apply through any one of the following options if they meet the relevant experience requirements.
1. ACII or FCII Qualification
Applicants holding professional insurance qualifications can apply under this category.
- Must possess ACII or FCII qualifications.
- Minimum 15 years of relevant post-qualification experience.
- Experience must be with an insurance or reinsurance company.
- At least five years must have been served as a Key Officer of an insurer or reinsurer.
2. Master’s Degree or 16 Years of Education
Candidates with an academic background in insurance, finance, or risk management can also apply.
- Master’s degree or 16 years of education in Insurance, Risk Management, or Finance.
- M.Com (Insurance) is also acceptable.
- Qualification must be from an HEC-recognized university.
- Minimum 20 years of relevant post-qualification experience.
- At least five years of experience as a Key Officer of an insurance or reinsurance company.
3. Professional Actuarial Qualification
Applicants with recognized actuarial qualifications are also eligible to apply.
Accepted professional memberships include:
- Fellow or Associate Member of the Casualty Actuarial Society.
- Member of the Institute of Actuaries in England.
- Member of the Society of Actuaries in the United States.
Candidates must also have at least 15 years of relevant post-qualification experience with an insurance or reinsurance company. A minimum of five years must be as a Key Officer of an insurer or reinsurer.
Age Limit and Experience Requirements
The maximum age limit for this recruitment is 57 years. The applicant’s age will be calculated on the closing date of the advertisement.
Experience requirements depend on the educational and professional qualification route selected by the candidate.
- ACII or FCII holders: 15 years of relevant experience.
- Master’s degree holders: 20 years of relevant experience.
- Actuarial qualification holders: 15 years of relevant experience.
All applicants must have at least five years of experience as a Key Officer of an insurance or reinsurance company.
Salary Package and Employment Benefits
PRCL will appoint the successful candidate on a performance-based contract for three years.
The organization will offer a competitive market-based compensation package supported by an attractive salary. The final salary will be mutually decided during the interview based on the candidate’s qualifications, professional background, and verifiable experience.
This opportunity is suitable for experienced professionals seeking a senior-level position in Pakistan’s insurance and reinsurance sector.
How to Apply Online for PRCL Jobs 2026?
Candidates who meet the eligibility requirements can submit their applications through the official National Job Portal. The online application process is simple, but applicants should provide accurate information and upload all required documents.
Follow these instructions:
- Visit the National Job Portal at https://www.njp.gov.pk.
- Search for Pakistan Reinsurance Company Limited recruitment.
- Find the Executive Director (Underwriting) job advertisement.
- Register or log in to your NJP account.
- Complete the application form with your personal, educational, and professional details.
- Upload your updated CV, CNIC, degrees, transcripts, and experience certificates.
- Review all information and submit your application online.
Applicants should complete the process within the announced deadline. Incomplete applications or submissions that do not follow the official instructions will not be entertained.
Documents Required for Application
Before applying, candidates should prepare the following documents:
- Updated CV or professional resume.
- CNIC copy.
- Educational degrees and academic transcripts.
- ACII, FCII, or actuarial membership certificates, where applicable.
- Relevant employment and experience certificates.
- Proof of experience as a Key Officer, where applicable.
- Other supporting documents required by the online application form.
Original documents along with HEC-verified testimonials will be required at the time of the interview.
Important Terms and Conditions
Candidates should understand the following instructions before submitting their applications:
- PRCL is an equal opportunity employer.
- The appointment will be made for three years on a performance-based contract.
- Only shortlisted candidates will be contacted for interviews.
- No TA/DA will be provided for appearing in the interview.
- Original educational and professional documents must be presented during the interview.
- The company reserves the right to stop the recruitment process at any stage without assigning any reason.
- Any attempt to influence the selection process will lead to disqualification.
- Applications that do not follow the official instructions will not be considered.
PRCL Jobs 2026 Contact Details
For recruitment-related questions, applicants can contact the HR Department of Pakistan Reinsurance Company Limited.
| Contact Information | Details |
|---|---|
| Department | HR Department |
| Organization | Pakistan Reinsurance Company Limited |
| Phone | 021-99202908 |
| Extension | 245 or 281 |
| careers@pakre.org.pk | |
| Office Address | PRCL Towers, 32-A Lalazar Drive, M.T. Khan Road, Karachi, Pakistan |
| Online Application | https://www.njp.gov.pk |
Frequently Asked Questions (FAQs)
1. What is the latest vacancy announced by PRCL?
Pakistan Reinsurance Company Limited has announced one vacancy for Executive Director (Underwriting).
2. What is the maximum age limit for PRCL Jobs 2026?
The maximum age limit is 57 years, calculated on the closing date of the advertisement.
3. How much experience is required?
Applicants need 15 or 20 years of relevant post-qualification experience, depending on their educational or professional qualification.
4. What is the contract duration?
The selected candidate will be appointed on a performance-based contractual basis for three years.
5. How can candidates apply for PRCL recruitment?
Candidates can apply online through the National Job Portal at www.njp.gov.pk.
6. Is this a permanent government job?
No. According to the advertisement, the appointment is contractual for a period of three years.
7. Where is the PRCL office located?
The head office is located at PRCL Towers, 32-A Lalazar Drive, M.T. Khan Road, Karachi.
Final Words
Pakistan Reinsurance Company Limited Jobs 2026 provide a valuable career opportunity for senior professionals with extensive experience in insurance, underwriting, finance, and actuarial sciences. The Executive Director (Underwriting) position offers a three-year contractual appointment with competitive compensation.
Eligible candidates should carefully review the official advertisement, prepare their educational and professional documents, and submit their applications through the National Job Portal within the prescribed time. Make sure your qualifications and experience meet the required conditions before applying.
