Postal Life Insurance Company Limited (PLICL), a public limited company incorporated under the Companies Act 2017, invites applications for the position of Chief Executive Officer (CEO) on a three-year contract basis. Applicants must be no older than 60 years as of the date of the advertisement for Pakistan Islamabad Jobs. The role requires leadership in line with insurance regulations and includes managing the company’s strategic goals, operations and compliance with relevant laws. PLICL emphasizes equal opportunity and encourages female candidates to apply.
Candidates must hold a master’s degree or an equivalent qualification recognized by the Higher Education Commission of Pakistan or be a member of a recognized professional body of accountants. They should have at least 15 years of experience, including five years in a senior role such as Key Officer, Director, Chief Executive or Principal Officer in the insurance industry or with an insurance regulator for Pakistan Islamabad Jobs. Alternatively, qualifications like ACII, FCII or fellowship in actuarial or risk management disciplines with the requisite experience will also be considered.
The position requires adherence to eligibility criteria outlined in the Companies Act, 2017 and related insurance management regulations for Pakistan Islamabad Jobs. Dual nationality holders are not eligible. The selection process, including compensation will be determined by the Board of Directors. Shortlisted candidates will be invited for interviews with no provision for travel or accommodation allowances for Pakistan Islamabad Jobs.
Interested candidates must submit their applications via email to career@plic.com.pk within 15 days of the advertisement. Required documents include a resume, copies of educational and professional certificates, CNIC, photographs and evidence of past and current roles. Handwritten applications will not be accepted. The detailed job description is available at the company’s official website for Pakistan Islamabad Jobs.
PLICL Job Vacancies Opportunity
| Field | Details |
|---|---|
| Date Posted / Updated | 25 December, 2024 |
| Category / Sector | Government |
| Education | Master |
| Vacancy Location | Islamabad, Islamabad, Pakistan |
| Organization | Postal Life Insurance Company |
| Job Industry | Executive Jobs |
| Job Type | Full Time |
| Expected Last Date | 08 January, 2025 or as per paper ad |
Pakistan Islamabad Jobs
Job Vacancies(Pakistan Islamabad Jobs)
Chief Executive Officer (CEO)
Job Vacancies Details(Pakistan Islamabad Jobs)
| Requirement | Details |
|---|---|
| Education | Master’s degree or equivalent qualification recognized by HEC or membership in a professional body of accountants. |
| Experience | At least 15 years of experience, including 5 years in a senior role (Key Officer, Director, Chief Executive or Principal Officer) in the insurance industry or with an insurance regulator. |
| Additional Qualifications (Optional) | ACII, FCII, Fellow/Associate of the Institute or Society of Actuaries or master’s in Risk Management or Actuarial Science. |
| Age Limit | Not more than 60 years as of the date of the advertisement. |
| Eligibility Criteria | Must fulfill criteria under the Companies Act, 2017 and Insurance Companies Regulations, 2012. |
| Nationality | Pakistani (dual nationality holders will not be considered). |
Pakistan Islamabad Jobs
Eligibility Criteria(Pakistan Islamabad Jobs)
| Eligibility Criteria | Details |
|---|---|
| Educational Qualification | Master’s degree or equivalent recognized by HEC or membership of a professional body of accountants. |
| Professional Qualification | ACII, FCII or Fellow/Associate of Institute or Society of Actuaries or master’s in Risk Management or Actuarial Science. |
| Experience | At least 15 years of professional experience, including 5 years in a senior role (Key Officer, Director, Chief Executive or Principal Officer) in the insurance industry or with an insurance regulator. |
| Age Limit | Must not exceed 60 years of age as of the date of the advertisement. |
| Nationality | Must be a Pakistani citizen; dual nationality holders are not eligible. |
| Regulatory Compliance | Must meet requirements under the Companies Act, 2017 and Insurance Companies Regulations, 2012. |
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About PLICL
Postal Life Protections Company Constrained (PLICL) is a open restricted company joined beneath the Companies Act, 2017 and works as a authorized protections supplier beneath the Protections Law, 2000. It is regulated by the Securities and Exchange Commission of Pakistan (SECP), ensuring adherence to strict governance and compliance standards. PLICL specializes in offering life insurance products and services tailored to meet the needs of its diverse clientele. With a strong focus on financial security and customer satisfaction, the company has established itself as a reliable provider in Pakistan’s insurance sector.
As a state-owned entity, PLICL aims to modernize its operations and expand its market reach while maintaining its commitment to ethical business practices. The organization leverages innovative solutions and customer-centric policies to enhance service delivery and competitiveness in the insurance industry. Through its professional workforce and strategic initiatives, PLICL plays a significant role in contributing to the financial stability and welfare of its policyholders across the country.
How to Apply(Pakistan Islamabad Jobs)
- Prepare a comprehensive resume detailing educational qualifications, professional experience and most recently drawn salary and benefits.
- Collect copies of all educational and professional documents, including degrees, transcripts and mark sheets.
- Include two recent passport-sized photographs.
- Attach a copy of the Computerized National Identity Card (CNIC).
- Provide evidence of past and present experience in relevant roles.
- Add any other supporting documents that may strengthen your application.
- Send the complete application package via email within 15 days of the advertisement.
- Ensure the email subject line mentions the position title, “Chief Executive Officer,” as handwritten applications will not be accepted.
Contact Details
| Website URL | Apply Here |
| career@plic.com.pk | |
| Address | 2nd Floor, ECO Postal Staff College, Sector G-8/4, Islamabad, Pakistan |
| Phone | 051-9192910 |
Pakistan Islamabad Jobs
Key Points
- Position available: Chief Executive Officer (CEO).
- Contract length: 3 a long time, renewable based on performance.
- Greatest age restrain: 60 a long time as of the promotion date.
- Required education: Master’s degree or equivalent qualification recognized by HEC or professional certification (ACII, FCII, etc.).
- Required experience: 15 years of professional experience, including 5 years in a senior leadership role in the insurance industry or regulatory sector.
- Nationality: Only Pakistani citizens are eligible (dual nationality holders are ineligible).
- Compliance: Must meet eligibility criteria under the Companies Act, 2017 and Insurance Companies Regulations, 2012.
- Application process: Submit applications via email within 15 days of the advertisement date.
- Location of vacancy: Islamabad, Pakistan.
- Equal opportunity: Female candidates are empowered to apply.
FAQs
What are the minimum qualifications required for the CEO position at PLICL?
The candidate must hold a master’s degree or an equivalent qualification recognized by the Higher Education Commission of Pakistan or be a member of a recognized body of professional accountants with at least 15 years of experience. Out of these 15 years, at least 5 years must be as a Key Officer, Director, Chief Executive or Principal Officer in the insurance industry or in an Insurance Regulator.
What is the age limit for applying for the CEO position?
The candidate must be not more than 60 years of age as on the date of publication of this advertisement.
What is the tenure of the CEO position at PLICL?
The arrangement will be on a contract premise for a period of three (3) a long time. Detailed terms and conditions will be outlined in the appointment letter.
Is the CEO position open to female candidates?
Yes, PLICL is an equal opportunity employer and female candidates are encouraged to apply.