Executive Director Underwriting (BPS-20)
About the Role
Pakistan Reinsurance Company Limited (PRCL), a premier public sector reinsurance organization under the Ministry of Commerce, is hiring an Executive Director Underwriting (Equivalent BPS-20) at its Head Office in Karachi.
Key Responsibilities
- Lead national treaty and facultative reinsurance underwriting operations across property, engineering, marine, and casualty lines.
- Formulate reinsurance underwriting guidelines, maximum retention limits, risk pricing matrices, and retrocession arrangements.
- Evaluate large-scale national infrastructure and industrial risk portfolios submitted by general insurance companies.
- Coordinate with international reinsurers, retrocession brokers, and rating agencies (AM Best, PACRA).
- Advise the Board and Executive Management on emerging underwriting risks, catastrophe exposure, and loss reserves.
Qualifications & Skills
Basic Requirements
- ACII or FCII from Chartered Insurance Institute (UK) with 15+ years of relevant insurance/reinsurance experience (5+ years as Key Officer).
- OR Master's degree (16 years) in Insurance, Risk Management, Finance, or Actuarial Science with 20+ years of experience (5+ years as Key Officer).
- OR Fellow / Associate of Casualty Actuarial Society / Institute of Actuaries with 15+ years of experience.
- In-depth mastery of treaty reinsurance, retrocession treaties, and insurance regulatory compliance.
- Exceptional leadership, commercial acumen, and strategic portfolio management skills.
Preferred Qualifications
- Executive experience as Head of Underwriting in a prominent domestic or international reinsurance company.
- Extensive experience in mega infrastructure project underwriting (CPEC, energy, aviation).
How to Apply
Official application process and instructions for Pakistan Reinsurance Company Limited (PRCL).
Submit application online through the National Job Portal (NJP) at https://njp.gov.pk/jobs/10631.
Detailed TORs and guidelines are accessible on PRCL's website (www.pakre.org.pk).
Ensure online application is completed on or before November 27, 2026.
About Pakistan Reinsurance Company Limited (PRCL)
Pakistan Reinsurance Company Limited is the only state-owned reinsurance entity in Pakistan, providing reinsurance coverage to general insurance companies and supporting the nation's economic development.
ChatGPT aur generic AI templates ko ATS filters foran reject kar detay hain. Humari HR team Pakistan Reinsurance Company Limited (PRCL) k criteria k mutabiq tailored ATS CV tayyar kray gi.