PRCL Jobs 2026 – Executive Director (Underwriting)

PRCL Executive Director Underwriting Jobs offer a senior management opportunity at Pakistan Reinsurance Company Limited (PRCL). The company operates under the administrative control of the Ministry of Commerce, Government of Pakistan. It invites applications for one Executive Director (Underwriting) position.

PRCL will appoint the selected candidate on a performance-based contract for three years. The company offers a competitive, market-based salary package. However, the final compensation will depend on the candidate’s verified experience and the interview process.

Qualified professionals with extensive experience in insurance, reinsurance, risk management, or actuarial services can apply online through the National Jobs Portal (NJP).

The advertisement was published on November 12, 2026. Candidates must apply within 15 days of publication.

PRCL Jobs 2026 – Overview

DetailsInformation
OrganizationPakistan Reinsurance Company Limited
AbbreviationPRCL
MinistryMinistry of Commerce
PositionExecutive Director (Underwriting)
Total Vacancies1
Job LocationKarachi, Sindh
Employment TypePerformance-Based Contract
Contract Duration3 Years
Maximum Age57 Years
SalaryCompetitive, Market-Based
Application MethodOnline
Application PortalNational Jobs Portal
Advertisement PublishedNovember 12, 2026
Application DeadlineNovember 27, 2026 (Calculated)
Advertisement ReferencePID(K)150/26

Available Vacancy

Pakistan Reinsurance Company Limited has announced one senior management position.

PositionVacanciesAge Limit
Executive Director (Underwriting)1Maximum 57 Years

The selected professional will serve under the company’s performance-based contractual employment arrangements.

Eligibility Criteria for Executive Director (Underwriting)

Applicants must meet at least one of the following three qualification and experience options.

Option A: Insurance Professional Qualification

Applicants must hold either:

  • Associate of the Chartered Insurance Institute (ACII)
  • Fellow of the Chartered Insurance Institute (FCII)

Experience requirements:

  • At least 15 years of relevant post-qualification experience with an insurer or reinsurer
  • At least five years of experience as a key officer of an insurer or reinsurer

Option B: Master’s Degree or Equivalent Education

Applicants must possess a master’s degree or 16 years of education in one of the following fields:

  • Insurance
  • Risk Management
  • Finance
  • M.Com (Insurance)

The qualification must come from an HEC-recognized university.

Experience requirements:

  • At least 20 years of relevant post-qualification experience with an insurer or reinsurer
  • At least five years of experience as a key officer of an insurer or reinsurer

Option C: Actuarial Professional Qualification

Applicants must be a Fellow or Associate member of one of the actuarial professional bodies specified in the advertisement:

  • Casualty Actuarial Society
  • Institute of Actuaries in England
  • Society of Actuaries in the United States of America

Experience requirements:

  • At least 15 years of relevant post-qualification experience
  • At least five years of experience as a key officer of an insurer or reinsurer

Candidates need to satisfy only one of these three qualification pathways. However, they must meet all experience requirements within their chosen pathway.

Age Limit

The maximum age for the Executive Director (Underwriting) position is 57 years.

PRCL will calculate the applicant’s age as of the closing date of the advertisement.

Therefore, candidates should verify their eligibility before submitting an application.

Contract Duration and Salary Package

PRCL will appoint the selected candidate on a performance-based contract for three years.

The company offers a competitive, market-based compensation package.

However, PRCL has not specified a fixed salary in the advertisement.

The company will determine the final compensation through the interview process, considering the candidate’s relevant and verifiable professional experience.

About Pakistan Reinsurance Company Limited

Pakistan Reinsurance Company Limited is a public-sector reinsurance company under the administrative control of the Ministry of Commerce.

The company operates in the insurance and reinsurance sector.

Reinsurance helps insurance companies manage risks by transferring part of their insured exposure to reinsurers.

PRCL’s activities support risk management and reinsurance services within Pakistan’s insurance industry.

Senior underwriting professionals play an important role in evaluating insurance risks, reviewing reinsurance arrangements, and supporting responsible business decisions.

For more information about the organization, read our PRCL Careers guide.

Official Website: Pakistan Reinsurance Company Limited

How to Apply for PRCL Executive Director Underwriting Jobs

PRCL requires candidates to submit their applications online through the National Jobs Portal.

Step 1: Visit the National Jobs Portal

Open the National Jobs Portal.

You can also review the Executive Director (Underwriting) vacancy listing.

Step 2: Review the Vacancy Details

Read the complete recruitment information.

Check the qualifications, experience requirements, age limit, and employment conditions.

Step 3: Prepare the Required Documents

Applicants must prepare:

  • Updated CV or résumé
  • CNIC copy
  • Academic degrees and transcripts
  • Professional qualification documents
  • Relevant experience certificates

Step 4: Complete the Online Application

Follow the instructions on the National Jobs Portal.

Upload the required documents and provide accurate personal and professional information.

Step 5: Submit Before the Deadline

Applicants must submit their applications within 15 days of the advertisement’s publication.

Calculated application deadline: November 27, 2026.

Last Date to Apply 15 days remaining (November 27, 2026)

The deadline is calculated from the confirmed publication date of November 12, 2026. Applicants should follow any specific closing date displayed on the official National Jobs Portal listing.

Important Recruitment Instructions

PRCL has provided the following conditions:

  1. PRCL is an equal opportunity employer.
  2. The appointment will be on a three-year performance-based contract.
  3. Applicants must submit their applications through the National Jobs Portal.
  4. Candidates must upload the required academic, professional, and experience documents.
  5. Original documents and HEC-verified testimonials will be required at the interview.
  6. Only shortlisted candidates will receive interview invitations.
  7. PRCL will not provide TA/DA for attending interviews.
  8. The company may stop the recruitment process at any stage without assigning a reason.
  9. Attempts to influence the recruitment process may result in disqualification.
  10. Applications that do not follow the stated instructions will not be considered.

Selection Process

PRCL will review the applications and shortlist candidates according to its approved recruitment policy.

Shortlisted applicants will be invited for an interview.

Candidates must present original documents and HEC-verified testimonials when required.

The company will finalize the selection according to its recruitment procedures.

PRCL HR Department Contact Details

Candidates experiencing difficulty with the online application process can contact PRCL’s Human Resources Department.

Organization: Pakistan Reinsurance Company Limited

Address: PRC Towers, 32-A Lalazar Drive, M.T. Khan Road, Karachi

Telephone: 021-99202908

Extensions: 245 or 281

Email: careers@pakre.org.pk

Applicants should use these contact details for relevant recruitment queries.

Latest PRCL Jobs Advertisements

PakJobAlert.pk publishes recruitment updates for Pakistan Reinsurance Company Limited.

Our articles explain available positions, eligibility requirements, experience conditions, application procedures, and closing dates.

Explore our PRCL Jobs category for current and previous recruitment announcements.

You can also read the PRCL Careers guide for general information about the organization, career fields, and recruitment procedures.

Frequently Asked Questions

How many vacancies has PRCL announced?

PRCL has announced one Executive Director (Underwriting) vacancy.

What is the maximum age limit?

Applicants must not be older than 57 years on the closing date.

What qualifications are required?

Candidates must meet one of the three advertised qualification pathways involving ACII/FCII, a relevant master’s degree or equivalent education, or recognized actuarial membership.

How much experience is required?

The experience requirement is 15 or 20 years, depending on the qualification pathway. Every pathway also requires at least five years as a key officer of an insurer or reinsurer.

Is the position permanent?

No. PRCL will appoint the selected candidate on a three-year performance-based contract.

What is the salary?

PRCL offers competitive, market-based compensation. The advertisement does not specify a fixed amount.

How can candidates apply?

Candidates must apply online through the National Jobs Portal.

What is the last date to apply?

The calculated closing date is November 27, 2026, based on the confirmed publication date and the advertised 15-day application period.

Final Words

PRCL Executive Director Jobs 2026 offer a senior management opportunity for experienced insurance, reinsurance, and actuarial professionals.

Pakistan Reinsurance Company Limited seeks a qualified candidate for the Executive Director (Underwriting) position on a three-year performance-based contract.

Applicants must meet the relevant professional qualifications, experience requirements, and maximum age limit.

Interested candidates should complete their online applications through the National Jobs Portal before the closing date.

Apply Online: National Jobs Portal – PRCL Executive Director Vacancy

Official Company Website: Pakistan Reinsurance Company Limited

Advertisement Publication Date: November 12, 2026

Calculated Application Deadline: November 27, 2026

Advertisement Reference: PID(K)150/26

Disclaimer: PakJobAlert.pk is an independent employment information website. We are not affiliated with Pakistan Reinsurance Company Limited, the Ministry of Commerce, or the Government of Pakistan. Applicants should verify recruitment details, eligibility requirements, and application deadlines through official sources.

PRCL Executive Director Underwriting Jobs