Pakistan Reinsurance Company Limited (PRCL), the national reinsurance company working under the administrative control of the Ministry of Commerce, has advertised three senior department-head posts at its Karachi office. The advertisement, reference PID K 1441/26, invites experienced insurance and reinsurance professionals to apply for the posts of Head of Claims, Head of Retrocession and Head of Risk Management. Applications close on 16 November 2026.

Each post carries one vacancy. Head of Claims is placed in MSPS-8, Head of Retrocession in MSPS-7 and Head of Risk Management in MSPS-6. All three are full-time, gratuity-based appointments under the Monetized Salary Policy, which means they are non-pensionable. PRCL describes the package as market-competitive and states that it is an equal opportunity employer.

The application route differs by post. Candidates for Head of Claims must apply online through the National Job Portal at njp.gov.pk. Candidates for Head of Retrocession and Head of Risk Management must register and apply online through the Open Testing Service at ots.org.pk, where the PRCL project is listed as running. Applicants using OTS must upload scanned copies of their educational documents, CNIC, domicile certificate and experience letters, and pay the application fee through their banking app under 1-Bill Payment using the PSID shown in their OTS account. Roll number slips, test schedules and results will be published on the OTS applicant portal.

Candidates may qualify through either of two routes. One route is an Advanced Diploma in Insurance, with at least six years of experience in a general insurance or reinsurance company, a Takaful operator or an insurance or reinsurance broker for Head of Claims and Head of Risk Management, and at least five years for Head of Retrocession. The other route is a Master's or Bachelor's degree of 16 years of education in insurance, risk management, actuarial science, commerce, economics or finance from an HEC-recognised university, or a Chartered Property Casualty Underwriter or Chartered Insurance Institute diploma, with at least eight years of experience in the same sectors.

For Head of Risk Management, the experience must include time inside a risk management department: at least three years on the diploma route and at least four years on the degree route. For all three posts, preference is given to candidates with experience in reinsurance or retakaful placements, underwriting or claims. The maximum age for every post is 50 years as of the closing date.

Applicants should upload an updated CV with their academic and professional degrees, transcripts and experience certificates, and bring original documents with HEC-verified testimonials to the interview. Candidates already working in the public sector must bring a no objection certificate from their department. Only shortlisted candidates will be called for interview, and no travelling or daily allowance is admissible. PRCL reserves the right to stop the recruitment process at any stage without giving a reason, and any attempt to influence the selection leads to disqualification. The OTS helpline for applicants is 051-111-687-222. Candidates should read the full advertisement on the application portal before applying and confirm the closing date there.