State Life Insurance Corporation Pakistan Jobs
About State Life Insurance Corporation of Pakistan
State Life Insurance Corporation Pakistan Jobs. State Life Insurance Corporation of Pakistan is the largest and most trusted life insurance provider in the country, serving millions of policyholders with a legacy of financial security and stability. As a public sector entity, State Life plays a pivotal role in Pakistan’s insurance and savings landscape, offering a comprehensive range of life insurance products and retirement solutions. Among its flagship offerings is the Voluntary Pension Scheme (VPS) , a defined contribution pension plan designed to help individuals build retirement savings through regular contributions, flexible investment options, and tax-efficient benefits. The VPS is regulated by the Securities and Exchange Commission of Pakistan (SECP) under the Voluntary Pension System Rules, 2005, ensuring transparency, investor protection, and professional asset management. By joining the VPS Back Office Operations team, you become part of a dynamic environment that combines financial services excellence with meaningful impact on individuals’ retirement security, working alongside professionals dedicated to operational efficiency, regulatory compliance, and customer-centric service delivery.
Post Information
VPS Back Office Operations
City: Karachi
Vacancies: As per requirements
Age Limit: Maximum 45 Years
Last Date: Within 15 days from advertisement publication
Responsibilities: Lead end-to-end VPS operations including contribution collection, fund allocation, switching, withdrawals, and annuitization. Design and implement Standard Operating Procedures (SOPs) for operational workflows. Maintain participant records and ensure data accuracy. Coordinate with Trustee, Custodian, and Fund Manager for seamless operations. Prepare MIS reports for management review. Ensure compliance with regulatory requirements and internal policies. Graduate in Business Administration, Finance, Accounting, Investment, or equivalent required.
VPS Back Office Operations
City: Karachi
Vacancies: As per requirements
Age Limit: Maximum 45 Years
Last Date: Within 15 days from advertisement publication
Responsibilities: Coordinate with Fund Manager, Trustees, and Custodians for daily fund operations. Monitor Net Asset Value (NAV) calculation, participant allocations, and fund rebalancing. Review fund expenses, trustee fees, and management fees. Reconcile participant contributions and unit balances. Maintain and oversee the four NAV system. Ensure accurate and timely processing of investment transactions. Graduate in Business Administration, Finance, Accounting, Investment, or equivalent required.
VPS Back Office Operations
City: Karachi
Vacancies: As per requirements
Age Limit: Maximum 45 Years
Last Date: Within 15 days from advertisement publication
Responsibilities: Manage VPS operations system, participant portal, and reporting modules. Ensure system availability and performance. Coordinate with vendors for upgrades, patches, and issue resolution. Develop automation for reporting, compliance returns, and MIS. Ensure data security, access controls, and backup procedures. Implement digital onboarding and workflow automation. Support integration with Trustee, Custodian, and Fund Manager systems. Graduate in Computer Science or Software Engineering required.
VPS Back Office Operations
City: Karachi
Vacancies: As per requirements
Age Limit: Maximum 45 Years
Last Date: Within 15 days from advertisement publication
Responsibilities: Assist in fund accounting, NAV system maintenance, unit management, and transfer agency operations. Support portfolio management and order management systems. Prepare financial statements and coordinate audits. Monitor fund-level accounting controls. Maintain accurate records of participant transactions and unit holdings. Graduate in Business Administration, Finance, Accounting, Investment, or equivalent required.
VPS Back Office Operations
City: Karachi
Vacancies: As per requirements
Age Limit: Maximum 45 Years
Last Date: Within 15 days from advertisement publication
Responsibilities: Support corporate systems including fund accounting/NAV system, unit management, and compliance & AML systems. Ensure system availability and coordinate with vendors for issue resolution. Develop automation for reporting and MIS. Assist in implementing workflow automation and digital initiatives. Graduate in Computer Science or Software Engineering required.
VPS Back Office Operations
City: Karachi
Vacancies: As per requirements
Age Limit: Maximum 45 Years
Last Date: Within 15 days from advertisement publication
Responsibilities: Coordinate with Fund Manager, Trustee, and Custodian for daily operations. Assist in NAV calculations, participant allocations, and fund rebalancing. Review fund expenses and reconcile participant contributions. Prepare financial statements and audit documentation. Perform reconciliation of participant contributions and unit balances. Graduate in Business Administration, Finance, Accounting, Investment, or equivalent required.
VPS Back Office Operations
City: Karachi
Vacancies: As per requirements
Age Limit: Maximum 45 Years
Last Date: Within 15 days from advertisement publication
Responsibilities: Ensure compliance with SECP VPS Rules 2005 and related regulations. Prepare and submit regulatory returns to SECP. Liaise with SECP, Trustees, Shariah Advisor, and auditors. Monitor investment mandates and regulatory limits. Maintain compliance calendar and ensure timely submissions. Conduct compliance reviews and risk assessments. Graduate in Business Administration, Finance, Accounting, Investment, or equivalent required.
VPS Back Office Operations
City: Karachi
Vacancies: As per requirements
Age Limit: Maximum 45 Years
Last Date: Within 15 days from advertisement publication
Responsibilities: Provide administrative and operational support to the VPS operations team. Coordinate with Fund Manager, Trustee, and Custodian. Maintain NAV working files and update internal records. Assist in participant allocation checking. Perform reconciliation of contributions and unit balances. Prepare supporting schedules for financial statements and audit processes. Perform data entry for participant registrations, contributions, switches, withdrawals, and transfers. Graduate in Business Administration, Finance, Accounting, Investment, or equivalent with minimum 10 years experience in asset management, mutual funds, financial services, or pension fund operations required.
FAQs
What is the last date to apply for State Life VPS Jobs 2026?
Applications must be submitted within 15 days from the date of publication of this advertisement.
How can I apply for these positions?
Visit the Primer Careers Portal at http://career.primercb.com.pk . Complete the online application form and upload your CV, educational documents, experience certificates, CNIC, domicile, and two passport-size photographs.
What is the age limit for these positions?
Maximum 45 years for all positions.
What is the contract duration?
These are three (03) year contract positions, extendable upon satisfactory performance.
What is the Voluntary Pension Scheme (VPS)?
VPS is a defined contribution pension plan regulated by SECP under the Voluntary Pension System Rules, 2005, enabling individuals to build retirement savings through contributions and investment choices.
What qualifications are needed for Deputy Manager positions?
Deputy Manager positions require a Graduate degree in Business Administration, Finance, Accounting, Investment, or equivalent. IT positions require Graduate in Computer Science or Software Engineering.
What qualifications are needed for Assistant Manager positions?
Assistant Manager positions require a Graduate degree in Business Administration, Finance, Accounting, Investment, or equivalent with 1-2 years experience. IT positions require Graduate in Computer Science or Software Engineering.
Do government employees need an NOC?
Yes, government employees must apply through proper channel with NOC from parent department.
People Also Ask
What is State Life Insurance Corporation?
State Life is Pakistan’s largest public sector life insurance provider, offering a comprehensive range of insurance and retirement products.
What is the Voluntary Pension Scheme (VPS)?
VPS is a tax-efficient retirement savings plan regulated by SECP, allowing individuals to contribute regularly and choose from multiple investment funds based on their risk tolerance.
What is NAV (Net Asset Value)?
NAV is the per-unit value of a pension fund, calculated daily based on the market value of underlying assets minus liabilities.
What is SECP?
SECP (Securities and Exchange Commission of Pakistan) is the regulatory body overseeing Pakistan’s capital markets, including pension funds and insurance companies.
What are SECP VPS Rules 2005?
These are the regulatory rules governing the operation of Voluntary Pension Schemes in Pakistan, covering fund management, investment restrictions, and participant protections.
Where are these positions located?
All positions are Karachi-based and non-transferable.
Can I apply for multiple positions?
Yes, if applying for more than one position, you must submit a separate application for each post.
Are female candidates encouraged to apply?
Yes, State Life is an equal opportunity employer, and female candidates are encouraged to apply.
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Tags
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Job Summary
Last Date: 12-04-2026
Location: Karachi (Non-transferable)
Salary: As per prevailing rules/policy of the organization (Market Competitive)
