PRCL Executive Director (Underwriting) Jobs 2026 in Karachi – 1 Post, Apply by 25 November

Pakistan Reinsurance Company Limited (PRCL) has announced a single senior vacancy for an Executive Director (Underwriting) in Karachi, and it is one of the most senior insurance posts advertised in Pakistan this year. The appointment is on a three-year performance-based contract, and applications go online through the National Job Portal (NJP). This is a separate, newer vacancy from the three department-head posts PRCL advertised earlier in November — do not confuse the two rounds.

Applications close on 25 November 2026, as printed on the National Job Portal listing.

PRCL Executive Director (Underwriting) Jobs 2026 – Quick Facts

Important Dates

A note on the date: the advertisement does not print a calendar date — it says applications must be submitted within 15 days of publication, which would work out two days later. The National Job Portal listing for this post, however, prints a closing date of 25 November 2026 — and the portal’s date is the one that governs. Apply by 25 November 2026.

Vacancy Details

PRCL is Pakistan’s national reinsurance company, working under the administrative control of the Ministry of Commerce. The Executive Director (Underwriting) leads the underwriting function — the core business of deciding which risks the company accepts, on what terms, and at what price. It is a top-management role, not an entry-level post, and the qualification routes below reflect that.

Eligibility — Three Qualification Routes

You need to meet ONE of these three routes, plus the experience that goes with it:

Route 1 — Professional insurance qualification

• ACII or FCII (Associate or Fellow of the Chartered Insurance Institute)
• At least 15 years of relevant post-qualification experience with an Insurer or Reinsurer
• At least 5 of those years as a key officer of an Insurer or Reinsurer

Route 2 — Master’s degree

• Master’s degree or 16 years of education in Insurance, Risk Management, Finance or M.Com (Insurance) from an HEC-recognized university
• At least 20 years of post-qualification experience with an Insurer or Reinsurer
• At least 5 of those years as a key officer of an Insurer or Reinsurer

Route 3 — Actuarial qualification

• Fellow or Associate Member of the Casualty Actuarial Society or the Institute of Actuaries in the United States of America
• At least 15 years of relevant post-qualification experience with an Insurer or Reinsurer
• At least 5 of those years as a key officer of an Insurer or Reinsurer

In every route, the “key officer” years matter as much as the total: the role is for someone who has already run underwriting at a senior level, not just worked in the field.

Not the Same as the Earlier PRCL Round

Readers should not mix this vacancy up with the three PRCL department-head posts advertised at the start of November — Head of Claims, Head of Retrocession and Head of Risk Management — which were published separately on niams.pk as WP 1203 and close around 15–16 November 2026. This Executive Director (Underwriting) post is a different advertisement (PID(K)150/26, published 12 November 2026), a different and more senior role, and a different closing window. If you already applied for one of the three earlier posts, you can still apply for this one if you meet its criteria.

Documents Checklist

• Your updated CV
• A copy of your CNIC
• Academic degrees and transcripts (HEC-verified testimonials are needed at the interview stage)
• Experience certificates proving your post-qualification experience and your years as a key officer
• Proof of your professional qualification (ACII/FCII certificate or actuarial membership, as applicable)

Original documents, along with HEC-verified testimonials, are required at the time of interview — keep them ready rather than scrambling for them later.

How to Apply

• Open the National Job Portal at njp.gov.pk and find the PRCL Executive Director (Underwriting) listing.
• Complete your profile and upload your CV, a copy of your CNIC, your academic degrees and transcripts, and your experience certificates.
• Submit the application before the portal closing date — 25 November 2026.
• If you face any difficulty applying online, contact the PRCL HR department at the number printed in the advertisement.
• Only shortlisted candidates will be called for interview. No TA/DA is admissible for appearing in the interview.

Terms and Conditions to Know

• The appointment is on a performance-based contract for three years.
• PRCL is an equal opportunity employer.
• PRCL reserves the right to stop the hiring process at any stage without assigning any reason.
• Selection will be finalized as per the policy approved by PRCL.
• Any effort to influence the recruitment and selection process will lead to disqualification, even if the candidate is otherwise qualified.

Why Apply for This Post

• Top-level role in Pakistan’s national reinsurer — the Executive Director (Underwriting) shapes how the country’s reinsurance business is written.
• Three-year performance-based contract — a defined senior tenure with clear accountability.
• Three qualification routes — professional insurance, academic, or actuarial backgrounds are all accepted, so senior specialists from different paths can apply.
• Online application — the whole process runs through the National Job Portal, with no postal delay.

Frequently Asked Questions

What is the last date to apply for the PRCL Executive Director post?

25 November 2026, as printed on the National Job Portal listing for this post. The advertisement itself gives a 15-day window from its publication on 12 November 2026, which would work out two days later — but the portal’s printed date of 25 November is the one that governs, so apply by 25 November.

How many posts are open?

There is one post only — Executive Director (Underwriting) — on a three-year performance-based contract.

What is the age limit?

Candidates must not be more than 57 years old as on the closing date.

Can I apply with a Master’s degree instead of ACII or FCII?

Yes. A Master’s degree or 16 years of education in Insurance, Risk Management, Finance or M.Com (Insurance) is accepted, but it needs 20 years of post-qualification experience including 5 years as a key officer — five years more than the ACII/FCII route.

Where do I apply?

Apply online only, through the National Job Portal at njp.gov.pk, by uploading your CV, CNIC copy, degrees and transcripts, and experience certificates.

Is this the same as the PRCL Head of Claims post?

No. The Head of Claims, Head of Retrocession and Head of Risk Management posts were a separate earlier advertisement (PID K 1441/26) with a mid-November closing date. This Executive Director post is a new, separate advertisement.

Fraud warning: PRCL accepts applications only through the National Job Portal — never through agents, and never for a fee. Anyone asking you for money to secure this post is a fraud. Always verify the listing on njp.gov.pk before applying.