Job Overview
National Insurance Company Limited, a Government of Pakistan organization, is seeking a Chief Executive Officer (CEO) on a contract basis. The position is based at the company's Head Office in Karachi.
The CEO will work under the Board of Directors and is responsible for leading the company's strategic direction, operations and performance. The role involves implementing the vision, mission and goals set by the Board, reporting company performance, and providing leadership that builds a culture of performance, positive morale and accountability.
Financial oversight is a core part of the job, including working with the CFO to prepare budgets and keeping the Board informed on cash management, investments and internal audits. The CEO will also work with Human Resources on hiring practices and employee benefits, oversee quality control across departments, ensure legal and regulatory documents are filed, represent the company at functions and industry events, evaluate other executives, and maintain the company's social impact and corporate social responsibility.
The appointment requires SECP approval and must meet the criteria in the Insurance Companies (Sound and Prudent Management) Regulations, 2012.
نیشنل انشورنس کمپنی لمیٹڈ کو کراچی ہیڈ آفس کے لیے چیف ایگزیکٹو آفیسر (CEO) کی ضرورت ہے۔ امیدوار کے پاس کم از کم 10 سال کا تجربہ، زیادہ سے زیادہ عمر 62 سال، اور پاکستانی شہریت ہونا لازمی ہے۔ درخواست جمع کرانے کی آخری تاریخ 27 ستمبر 2026 ہے۔
Eligibility & Qualifications
- Bachelor's degree or equivalent from an institution recognized by the Higher Education Commission of Pakistan, or a foreign qualification of equivalent level recognized by the HEC, with at least 10 years' experience.
- Out of the 10 years' experience, at least 5 years must be as a Key Officer, Director, Chief Executive or Principal Officer in the insurance industry, or as an officer with an Insurance Regulator.
- Alternatively, ACII or FCII qualification.
- Alternatively, be a Fellow or Associate of the Institute or Society of Actuaries, or hold an equivalent qualification recognized by the Pakistan Society of Actuaries.
- Maximum age limit is 62 years.
- Eligibility will be determined and selection will be finalized as per approved government policy.
- Eligibility Criteria Experience 10 Years
Responsibilities
- Provide a marketing plan and the vision of the company's future development.
- Lead the development and execution of short and long-term operational policies and strategic plans for the company.
- Assess risks to the company and ensure they are monitored and minimized.
- Bear responsibility for the company's finances, including working closely with the CFO to prepare budgets.
- Work closely with Human Resources to streamline hiring practices and the fixation of perks, privileges and benefit disbursement for employees.
- Oversee quality control throughout the company and establish goals for each department in partnership with division managers.
- Ensure all legal and regulatory documents are filed and monitor compliance with laws and regulations.
- Represent the company as required, including attending important functions, industry events and public meetings, and create alliances for the company if required.
- Carry out all other responsibilities mentioned in all applicable laws.
Employment Terms & Important Notes
- The selection and compensation will be determined by the Board of Directors.
- The remuneration package will be determined based on the candidate's experience and competence.
- The candidate shall not be entitled to any TA/DA while appearing for the interview.
How to Apply
- Use the official application link provided for this vacancy.
- Submit your application before the deadline of 27 Sep 2026.