Govt Jobs PRCL www.pakre.org.pk

 

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Date : 2015-09-30

Govt Jobs PRCL www.pakre.org.pk



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Govt Jobs PRCL www.pakre.org.pk

Pak Re Pakistan Reinsurance Company Limited

Ministry Of Commerce Government of Pakistan

Application are invited for the post of chief executive officer (CEO) Pakistan reinsurance company limited (PRCL), at Karachi.

Name of Post

Pay Package

Total Number of Post

Chief Executive Officer Pakistan Reinsurance Company Limited PRCL

To be decided on basis of qualification and experience by the board of directors

01

1.      Minimum Requisite qualification and experience:

i.                     Must have an educational qualification of a masters degree or equivalent in corporate finance / corporate law or chartered accountant from an institution recognized by the higher education commission of Pakistan or foreign qualification of equivalent level recognized by the higher education commission of Pakistan, with at least 10 years experience out of which 5 years as key officer, as defined in insurance companies (sound and prudent management regulations 2012 in the insurance industry; OR

ii.                   Such person must (a) be an ACII or FCII, (b) be a fellow of the institute or society of actuaries or equivalent qualification as recognized by the Pakistan society of actuaries, (c) hold a masters degree in insurance / risk management / actuarial science from a university recognized by the higher education commission with at least 5 years experience as key officer, as defined in insurance companies (sound and prudent) management regulation 2012 in insurance industry.

iii.                  Must fulfill the eligibility criteria mentioned under section 187 of companies ordinance, (1984) and conditions laid down in insurance companies (sound and prudent) management regulation 2012

2.      Responsibilities:

  • Management of the company and its procedures in financial and other matters, subject to the oversight and directions of the board. The responsibilities include implementation of strategies and policies approved by the board, making appropriate arrangements to ensure that funds and resources are properly safeguarded and are used economically efficiently and effectively and in accordance with al statutory obligations.
  • Will be responsible to look after the business of the company in accordance with the company’s ordinance, (1984) memorandum and articles of association, SECP corporate governance rules and government instructions / policies etc issued from time to time.

3.      Maximum age limit is 60 years

4.      The appointment will be on contract basis for a period of three years, detailed terms and conditions will be settled in the contract.

5.      The applicants working in autonomous bodies should route their applications through proper channel. Existing employees of PRCL, if fulfilling the above conditions, may also apply.

6.      eligibility will be determined and selection will be finalized as per approved government policy. The short listed applicants will beinvited for an interview. The candidate shall not be entitled for any TA /DA while appearing for the interview.

7.      Interested candidates are required to send their applications on the prescribed employment form (to be downloaded from website www.pakre.org.pk), marked chief executive officer with latest CV copies of certificates and degrees, CNIC and a recent photograph within 15 days after the publication of this advertisement through email at application.ceo@jobs.pakre.org.pk

8.      No person shall be appointed as chief executive officer unless he is a citizen of Pakistan. Person having dual nationality shall not be eligible. An affidavit to the effect that candidate is not having dual nationality, duly verified by magistrate class-I, shall be submitted along with the application.

Shahzad F. Lodhi Executive Director (HR)

Pakistan Reinsurance Company Limited

PRC Towers 32-A, Lalazar Drive, M.T. Khan Road P.O. Box No: 4777 Karachi Pakistan

Telephone: 92-21-99202908-14 Tele Fax: 92-21-99202921-22 Email: prcl@pakre.org.pk website: www.pakre.org.pk



Contact : Telephone: 92-21-99202908-14 Tele Fax: 92-21-99202921-22
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