Pakistan Reinsurance Company Limited ยท Official Recruitment 2026
Pakistan Reinsurance Company Limited PRCL Jobs 2026
Three senior positions at PRCL, Karachi: Head of Claims, Head of Retrocession and Head of Risk Management. Gratuity-based appointments with a market-competitive salary package.
๐๏ธ PRCL
๐ 3 Positions
๐ผ MSPS-6 to MSPS-8
โณ Deadline: 16 Nov 2026
By JobsLeap Editorial Team ยท Posted: 02 November 2026 ยท Last updated: 02 November 2026
๐ Job Summary
| Organization | Pakistan Reinsurance Company Limited (PRCL), Ministry of Commerce |
| Reference No. | PID K 1441/26 |
| Total Positions | 3 (1 post each) |
| Job Titles | Head of Claims, Head of Retrocession, Head of Risk Management |
| Employment Type | Full time, gratuity-based (non-pensionable) under the Monetized Salary Policy |
| Location | Karachi |
| Application Mode | Head of Claims: online via NJP. Head of Retrocession and Head of Risk Management: online via OTS |
| Last Date to Apply | 16 November 2026 (within 15 days of the advertisement) |
| Source | JobsLeap.com |
About Pakistan Reinsurance Company Limited (PRCL)
Pakistan Reinsurance Company Limited PRCL Jobs 2026. PRCL is Pakistan’s national reinsurance company and works under the administrative control of the Ministry of Commerce. It handles reinsurance and retakaful business for the domestic market, which makes claims, retrocession and risk management its core technical functions.
The three posts in this round are department-head roles. Each asks for long insurance or reinsurance experience, and applicants may qualify through either an Advanced Diploma in Insurance or a 16-year degree or equivalent professional qualification. PRCL states that it is an equal opportunity employer.
All PRCL Vacancies at a Glance
| # | Position | Pay Scale | Posts | Apply Via | Salary (PKR) |
|---|---|---|---|---|---|
| 1 | Head of Claims | MSPS-8 | 01 | NJP | 500,000 โ 800,000 |
| 2 | Head of Retrocession | MSPS-7 | 01 | OTS | 400,000 โ 700,000 |
| 3 | Head of Risk Management | MSPS-6 | 01 | OTS | 350,000 โ 600,000 |
PRCL offers a market-competitive salary package and publishes no figures. The amounts above are market estimates for these pay scales, and PRCL decides actual pay as per its policy.
Job Details โ Position by Position
Application Instructions & Terms
Head of Claims: apply online on the National Job Portal at njp.gov.pk.
Head of Retrocession and Head of Risk Management: register and apply online on OTS at www.ots.org.pk, upload scanned educational documents, front and back of CNIC, domicile certificate, experience letters and other relevant documents, then pay the application fee through your banking app under 1-Bill Payment using your PSID. Check the OTS website and applicant portal for roll number slips and test schedules. OTS helpline: 051-111-687-222, email info@ots.org.pk.
- Applicants should upload an updated CV, CNIC copy, academic and professional degrees with transcripts, and experience certificates.
- Originals with HEC-verified testimonials are required at the interview, and applicants working in the public sector must bring an NOC.
- Only shortlisted applicants are invited for an interview, and no TA/DA is admissible.
- PRCL may stop the hiring process at any stage without giving a reason.
- Any effort to influence the recruitment and selection process leads to disqualification, and applications not submitted as instructed will not be considered.
- PRCL is an equal opportunity employer.
๐ Contact Information
Pakistan Reinsurance Company Limited (PRCL)
๐ PRCL Head Office, Karachi
๐ Website: www.prcl.com.pk
๐ป NJP (Head of Claims): njp.gov.pk
๐ป OTS (Retrocession, Risk Management): ots.org.pk/projects.php
๐ OTS Helpline: 051-111-687-222 ยท โ๏ธ info@ots.org.pk
Reference: PID K 1441/26
Why Join PRCL?
- Work with Pakistan’s national reinsurance company under the Ministry of Commerce.
- A market-competitive salary package under the Monetized Salary Policy.
- Lead a core technical department: claims, retrocession or risk management.
- An equal opportunity employer.
Explore More Jobs
- Latest Jobs in Pakistan 2026
- Government Jobs Pakistan
- Private Jobs Pakistan
- Jobs for Fresh Graduates
- Walk-in Interview Jobs
Browse Jobs by Category
- Government Jobs
- Banking Jobs
- Education & Teaching Jobs
- Engineering Jobs
- Aviation Jobs
- Private Sector Jobs
- IT & Technology Jobs
- Medical & Health Jobs
Browse Jobs by City
Frequently Asked Questions (FAQs)
Q: What is the last date to apply for PRCL jobs 2026?
The last date is 16 November 2026, within fifteen days of the advertisement. Check the printed advertisement if you need the exact closing date.
Q: Where do I apply for each PRCL position?
Head of Claims applies on the National Job Portal (njp.gov.pk). Head of Retrocession and Head of Risk Management apply on OTS (ots.org.pk).
Q: What qualification is required for Head of Claims at PRCL?
Either an Advanced Diploma in Insurance (ACI) with 6 years of experience, or a 16-year degree in a relevant field, CPCU or CII diploma with 8 years of experience, in general insurance, reinsurance, Takaful or broking.
Q: How much experience is needed for Head of Risk Management?
With an ACI, 6 years including at least 3 in the Risk Management Department. With a degree, CPCU or CII, 8 years including at least 4 in the Risk Management Department.
Q: Are these PRCL jobs permanent with a pension?
No. The appointments are full time, gratuity-based and non-pensionable, under the Monetized Salary Policy.
Q: What is the age limit for PRCL jobs?
Not more than 50 years as of the closing date, for all three positions.
Q: What documents are needed at the PRCL interview?
Original documents with HEC-verified testimonials, and an NOC for applicants working in the public sector. No TA/DA is admissible.
People Also Ask
Q: How do I apply for PRCL jobs through OTS?
Register on ots.org.pk, fill in the form, upload your documents, then pay the fee via 1-Bill Payment with your PSID. Track roll number slips and test schedules on the OTS applicant portal.
Q: What is Pakistan Reinsurance Company Limited?
PRCL is Pakistan’s national reinsurance company, under the administrative control of the Ministry of Commerce.
Q: What does retrocession mean in reinsurance?
Retrocession is when a reinsurer passes part of its own risk on to other reinsurers. The Head of Retrocession leads that function at PRCL.
Q: What is the salary of Head of Claims at PRCL?
PRCL publishes no figure and offers a market-competitive package. Market estimates for MSPS-8 are around PKR 500,000 to 800,000 per month, and PRCL decides actual pay.
Q: What is the OTS helpline for PRCL applicants?
Call 051-111-687-222 or email info@ots.org.pk.
Q: Can PRCL cancel the recruitment?
Yes. PRCL reserves the right to stop the hiring process at any stage without giving a reason.
SEO Keywords
PRCL Jobs 2026, Pakistan Reinsurance Company Jobs, Pakistan Reinsurance Careers, Head of Claims Jobs, Head of Retrocession Jobs, Head of Risk Management Jobs, MSPS Scale Jobs, MSPS-8 Jobs, Insurance Jobs Pakistan, Reinsurance Jobs Pakistan, Risk Management Jobs Karachi, NJP Jobs 2026, OTS Jobs 2026, Government Jobs Karachi, Market Competitive Salary Jobs, Equal Opportunity Employer Jobs, PID K 1441/26
Hashtags
#jobsleap #baarpakistan #pakistanjobs #PRCLJobs #PakistanReinsurance #InsuranceJobs #ReinsuranceJobs #HeadOfClaims #HeadOfRetrocession #RiskManagement #NJPJobs #OTSJobs #KarachiJobs #GovernmentJobs #PakistanCareers #JobSearchPakistan #Jobs2026
Tags
PRCL Jobs, Pakistan Reinsurance, Insurance Jobs, Reinsurance Jobs, Claims Jobs, Risk Management Jobs, Karachi Jobs, Government Jobs, NJP Jobs, OTS Jobs, Senior Management Jobs, Jobs 2026
โ Apply Now โ Retrocession & Risk (OTS)
Apply before the last date. Only shortlisted candidates will be contacted.
