Chief Executive Officer (CEO) – National Insurance Company Limited (Head Office Karachi)
Chief Executive Officer (CEO) – National Insurance Company Limited (Head Office Karachi) · Karachi · Jang,
Job advertisement published in Jang on Sunday, 13 September 2026, listed under Karachi, Pakistan. Issued by Chief Executive Officer (CEO) – National Insurance Company Limited (Head Office Karachi).
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National Insurance Company Limited (NICL), a premier public sector general insurance company (owned by the Government of Pakistan), invites applications for the post of Chief Executive Officer (CEO) on a three (03) year contract basis. The appointment is subject to applicable laws, SECP approval and Insurance Companies (Sound & Prudent Management) Regulations, 2012.
| Key Details | |
|---|---|
| Position | Chief Executive Officer (CEO) |
| Tenure | Contract for three (03) years |
| Location | Head Office, Karachi |
| Age Limit | Not more than 62 years as on date of publication |
Minimum Qualification & Experience
| Option | Qualification & Experience |
|---|---|
| General | Bachelor's degree (or equivalent) recognized by HEC and at least 10 years' relevant experience, including a minimum of 5 years as a Key Officer, Director, Chief Executive or Principal Officer in the insurance industry or as an officer with an Insurance Regulator. |
| Alternative | Professional actuarial/insurance credentials: ACII or FCII; or Fellow/Associate of an Institute or Society of Actuaries (or equivalent recognized by Pakistan Society of Actuaries); and/or a Master’s degree in Insurance, Risk Management or Actuarial Science (HEC-recognized) with at least 5 years' experience as a Key Officer, Director, Chief Executive or Principal Officer in the insurance industry or with an Insurance Regulator. |
Responsibilities
| # | Key Responsibilities |
|---|---|
| 1 | Implement the company's vision, mission and strategic goals as set by the Board of Directors. |
| 2 | Report company performance to the Board. |
| 3 | Provide inspired leadership; create a performance culture and ensure employee morale and accountability. |
| 4 | Provide a strategic plan and vision for future development of the company. |
| 5 | Lead development and execution of short- and long-term operational policies and strategic plans. |
| 6 | Assess and manage company risks; ensure risks are monitored and minimized. |
| 7 | Oversee budgeting and financial planning in coordination with the CFO; keep the Board informed on cash management and investments. |
| 8 | Work closely with Human Resources to streamline hiring practices, remuneration, perks and employee benefits. |
| 9 | Oversee quality control and establish departmental targets in partnership with division managers. |
| 10 | Ensure legal and regulatory documents are filed and monitor compliance with laws, regulations and company policies. |
| 11 | Represent NICL at industry events, public meetings and official functions as required. |
| 12 | Evaluate and supervise the work of other senior executives. |
| 13 | Ensure the company maintains high social impact and corporate social responsibility standards; fulfill other duties assigned in line with applicable laws. |
Application & Selection
Eligibility and final selection will be determined as per approved government policy. Shortlisted candidates will be invited for interview; no TA/DA will be provided. A person will not be appointed as CEO unless he/she is a citizen of Pakistan. Candidates holding dual nationality must submit CNIC and valid passport. Copies of certificates and degrees should accompany the résumé as required.
How to Apply
Interested candidates should apply online via the NADRA Job Portal (https://njp.gov.pk) and the consultant's careers page (https://fulcrum-pk.com/careers) within fifteen (15) days of publication of the advertisement.
Remuneration
Remuneration will be determined based on the candidate's experience and competence.
Published in Jang on Sunday, 13 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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