Chief Executive Officer - Karachi, Pakistan

Job Description

FOR A GENERAL INSURANCE COMPANY
A public sector General Insurance Company invites applications for the post of "Chief Executive Officer" at its Head Office, Karachi, from candidates with a proven track record of consistent high performance with the following qualification and experience:

QUALIFICATION AND EXPERIENCE CRITERIA:
Have a Bachelor's Degree or equivalent 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 in the insurance industry, or;

(i) Be an ACII or FCII, (ii) be a Fellow of the Institute or Society of Actuaries or equivalent qualification as recognized by the Pakistan Society of Actuaries, or (iii) hold a masters degree in Insurance / Risk Management or Actuarial Sciences from a university recognized by the Higher Education Commission of Pakistan with at least 5 years' experience as key officer in the insurance industry.

AGE:
Between 45 to 57 years on the date of publication of this advertisement.

REMUNERATION:
Selected candidate will be offered market-based compensation package and other perks and benefits commensurate with the qualification and experience.

INSTRUCTIONS:
No person shall be appointed to the position of the Chief Executive Officer (CEO) unless he/she is considered to be meeting the criteria set for the position laid down in "Insurance Companies (Sound and Prudent Management) Regulations, 2012" issued by SECP.
The appointment will be for a period of three years. Detailed terms to be incorporated in the employment contract.
Eligibility will be determined and selection finalized as per provisions of Insurance Companies (Sound and Prudent Management) Regulations, 2012 and Public Sector Companies (Appointment of CEO) Guidelines, 2015.
Only shortlisted candidates will be invited for an interview. No TA/DA will be admissible to them.

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