Karachi Vacancies The appointment will be on a contract basis for three years with detailed terms and conditions specified in the contract. The age limit for applicants is 62 years as of the advertisement’s publication date. Candidates must possess a bachelor’s degree or equivalent from an institution recognized by the Higher Education Commission (HEC) of Pakistan or a foreign equivalent. Additionally applicants should have at least 10 years of experience with five years in a key officer or executive role in the insurance industry or as an officer with an Insurance Regulator. Equivalent qualifications include ACII or FCII fellowship or associate membership in actuarial societies or a master’s degree in Insurance Risk Management or Actuarial Science with at least five years of relevant experience.
The CEO’s responsibilities include implementing the company’s vision and strategic goals reporting to the Board of Directors leading operational policies and strategic plans and ensuring the company’s regulatory compliance. The role involves working closely with the CFO on financial management collaborating with HR for effective personnel management and overseeing quality control and compliance with laws and regulations. The CEO will also represent the company at industry events and public meetings ensure high social impact and maintain corporate social responsibility.
Interested individuals including those who applied to the previous advertisement are encouraged to send their CVs certificates degrees CNIC and recent photographs within 15 days of this advertisement’s publication. Applications can be submitted through the Sidat Hyder Morshed Associates (Pvt) Ltd website or via email. The remuneration package will be determined based on the candidate’s experience and competence.
National Insurance Company Limited (NICL) Job Vacancies Opportunity
| Date Posted / Updated | June 22 2024 |
| Category / Sector | Government |
| Education | Bachelor’s degree HEC ACII or FCII Master’s degree in Insurance Risk Management Actuarial Science |
| Organization | National Insurance Company Limited (NICL) |
| Job Industry | Insurance |
| Job Type | Full Time |
Jobs Vacancies Details
| Sr | Post Name | Jobs | Qualification |
|---|---|---|---|
| 1 | Chief Executive Officer (CEO) | 1 | Bachelor’s degree or equivalent recognized by HEC ACII or FCII Fellowship or Associate of Actuaries or a Master’s degree in Insurance Risk Management or Actuarial Science with relevant experience |
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About Job
This role is on a contract basis for three years with terms and conditions to be detailed in the contract. The position requires the applicant to be no older than 62 years at the time of the advertisement’s publication Karachi Vacancies. Candidates must hold a bachelor’s degree or equivalent from an institution recognized by the Higher Education Commission (HEC) of Pakistan or a foreign equivalent. Alternatively qualifications such as ACII or FCII Fellowship or Associate membership in actuarial societies or a master’s degree in Insurance Risk Management or Actuarial Science are acceptable provided the candidate has at least 10 years of relevant experience including five years in a senior role within the insurance industry or with an Insurance Regulator.
The CEO will be responsible for implementing the company’s vision and strategic goals as outlined by the Board of Directors. Duties include leading the development and execution of operational policies managing financial affairs in collaboration with the CFO and ensuring compliance with legal and regulatory standards. The CEO will also oversee HR practices quality control and the company’s social responsibility initiatives. Interested candidates should submit their applications including a CV copies of certificates and degrees CNIC and recent photographs within 15 days of the advertisement’s publication. Applications can be submitted through the Sidat Hyder Morshed Associates (Pvt) Ltd website or via email. The remuneration package will be based on the candidate’s experience and competence.
Eligibility Criteria
| Eligibility Criteria | Details |
|---|---|
| Age | Minimum: N/A – Maximum: 62 years |
| Education | Minimum Qualification: Bachelor’s degree or equivalent recognized by HEC – Preferred Qualification: ACII or FCII Fellowship or Associate of Actuaries Master’s degree in Insurance Risk Management or Actuarial Science |
| Experience | Minimum: 10 years – Preferred: 5 years in a senior role within the insurance industry or as an officer with an Insurance Regulator |
| Skills | Required: Leadership strategic planning financial management HR practices compliance and regulatory knowledge |
| Nationality | Pakistani citizen (Dual nationality holders not eligible) |
| Language Proficiency | Required: Proficiency in English and Urdu |
| Other Requirements | Must meet criteria set forth in the Insurance Companies (Sound and Prudent Management) Regulations 2012 issued by the SECP |
About National Insurance Company Limited (NICL)
National Insurance Company Limited (NICL) is a government-owned insurance provider in Pakistan established to offer comprehensive insurance solutions and services to various sectors. Over the years NICL has built a reputation for reliability and efficiency in the insurance industry providing coverage for public and private entities and playing a critical role in the economic stability of the country Karachi Vacancies. The company’s mission is to deliver innovative insurance products maintain financial stabilit and ensure customer satisfaction through excellent service standards.
The company’s strategic vision focuses on expanding its market presence enhancing its product portfolio and leveraging technology to improve service delivery Karachi Vacancies. NICL aims to foster a positive work environment that encourages professional growth and ethical practices among its employees. By prioritizing these values NICL seeks to contribute to the overall development of Pakistan’s insurance industry and support the nation’s economic progress.
Contact Details
| Apply Online | Link |
| human.resource@sidathyder.com.pk | |
| Address | Beaumont Plaza Beaumont Road Karachi |
How to Apply (Karachi Vacancies)
- Visit the Sidat Hyder Morshed Associates (Pvt) Ltd website at Sidat Hyder Morshed Associates.
- Alternatively visit the National Job Portal at National Job Portal.
- Prepare your application including your CV copies of certificates and degrees CNIC and two recent passport-sized photographs Karachi Vacancies.
- Email your application to human.resource@sidathyder.com.pk.
- Ensure your application is submitted within 15 days of the advertisement’s publication.
- Await shortlisting and an invitation for an interview if your application meets the criteria.
FAQs
What is the age limit for applying for the CEO position at NICL?
The maximum age limit for applicants is 62 years as of the date of the advertisement’s publication Karachi Vacancies. There is no specified minimum age requirement.
What qualifications are required for the CEO position at NICL?
Applicants must hold at least a bachelor’s degree or equivalent recognized by the Higher Education Commission (HEC) of Pakistan. Preferred qualifications include ACII or FCI fellowship or associate membership in actuarial societies or a master’s degree in Insurance Risk Management or Actuarial Science. Candidates must also have a minimum of 10 years of experience with at least 5 years in a senior role within the insurance industry or with an Insurance Regulator Karachi Vacancies.
How can I apply for the CEO position at NICL?
To apply visit the Sidat Hyder Morshed Associates (Pvt) Ltd website at https://sidathyder.com.pk/jobs or the National Job Portal at https://njp.gov.pk Karachi Vacancies. Prepare your application including your CV copies of certificates and degrees CNIC and two recent passport-sized photographs. Email your application to human.resource@sidathyder.com.pk within 15 days of the advertisement’s publication.