PRCL Jobs 2025 – Pakistan Reinsurance Company Limited Latest Career Opportunities | Complete Guide, Eligibility, Salary, and How to Apply
Pakistan Reinsurance Company Limited (PRCL), the country’s premier reinsurance organization, has officially announced multiple high-level management vacancies for 2025. These positions are offered under Market Pay Scale (MPS-5 to MPS-7) and include some of the most sought-after corporate leadership roles in Pakistan’s insurance and reinsurance sector.
If you’re searching for PRCL Jobs 2025, Government Jobs in Pakistan, Reinsurance Jobs, or Finance & Insurance Career Opportunities, this detailed 3000-word guide provides all the critical information you need — including job descriptions, qualifications, salary outlook, application procedure, and official FAQs.
⭐ What is PRCL? Overview of Pakistan Reinsurance Company Limited
Pakistan Reinsurance Company Limited (PRCL) is a public-sector company under the administrative control of the Ministry of Commerce. It operates as the national reinsurer, providing reinsurance support to:
- Life and non-life insurance companies
- Public and private insurance entities
- Local and international insurance operations
As a leading reinsurance corporation, PRCL maintains a strong operational framework, market credibility, and global partnerships. Because of its size and influence, PRCL careers are considered highly stable, prestigious, and financially rewarding.
⭐ PRCL Jobs 2025 – Official Advertisement Highlights
According to the official advertisement (stored in system as /mnt/data/PRCL.jpg), PRCL announced the following vacancies:
List of Vacancies (MPS-5 to MPS-7):
- Head of Retrocession – MPS-6/7
- Head of Window Retakaful Operations – MPS-6/7
- Head of Claims – MPS-6/7
- Head of Treaty – MPS-6/7
- Head of Risk Management – MPS-6/7
- Assistant General Manager (Treasury) – MPS-5
- Assistant General Manager (Corporate / Board Secretariat) – MPS-5
These are senior-level, leadership positions requiring strong professional backgrounds in insurance, reinsurance, accounting, finance, and corporate management.
⭐ PRCL Jobs 2025 – Detailed Job Descriptions, Qualifications & Experience
Below is a complete breakdown of each vacancy, including age limits, experience requirements, and preferred professional certifications.
🔹 1. Head of Retrocession (MPS-6/7) – PRCL Jobs 2025
Key Responsibilities
- Manage retrocession arrangements
- Improve risk transfer strategy
- Handle international reinsurance dealings
- Prepare retrocession treaties and financial analysis
Required Qualifications
- Advanced diploma in Insurance (ACII)
- OR Master’s in Risk Management, Finance, Commerce, or Insurance
- OR Chartered Management Competencies from HEC-recognized university
Experience
- Minimum 05 years of experience in reinsurance/retrocession
- Hands-on experience in financial reporting, risk transfer & treaty management
Age Limit
- Not more than 50 years on the closing date
🔹 2. Head of Window Retakaful Operations (MPS-6/7)
Responsibilities
- Manage Shariah-compliant retakaful operations
- Ensure Shariah governance
- Monitor takaful product development and market expansion
Qualifications
- Advanced Insurance Diploma / ACII
- OR Master’s in Finance/Insurance/Risk Management
Experience
- Minimum 05 years experience in takaful or insurance sector
Age Limit
- Max 50 years
🔹 3. Head of Claims (MPS-6/7)
Responsibilities
- Lead national reinsurance claim operations
- Evaluate and settle reinsurance claims
- Coordinate with insurance companies and loss assessors
Qualifications
- Advanced Insurance Diploma (ACII) preferred
- OR relevant Master’s degree
Experience
- 5+ years experience in claims handling
🔹 4. Head of Treaty (MPS-6/7)
Responsibilities
- Manage treaty reinsurance agreements
- Handle underwriting, premium calculations, and treaty design
Qualifications
- ACII or Master’s in Insurance/Risk/Finance
Experience
- Five years in treaty or reinsurance operations
🔹 5. Head of Risk Management (MPS-6/7)
Responsibilities
- Oversee corporate risk evaluations
- Implement risk mitigation strategies
- Ensure compliance with SRO and regulatory bodies
Qualifications
- ACII OR Master’s in Finance/Insurance/Risk
Experience
- Minimum 05 years experience in corporate risk management
🔹 6. Assistant General Manager – Treasury (MPS-5)
Qualifications
- CA, CMA, ACCA, MBA, or Master’s in relevant field
Experience
- At least 04 years treasury/financial market experience
🔹 7. Assistant General Manager – Corporate / Board Secretariat (MPS-5)
Qualifications
- MBA / ACCA / ACA or Bachelor’s degree (16 years)
- Legal or governance certifications preferred
Experience
- 04 years in corporate governance or board secretariat operations
⭐ Eligibility Criteria for PRCL Jobs 2025
1. Nationality
Only Pakistani citizens may apply.
2. Age Limit
Maximum 50 years (for MPS-6 and MPS-7 posts).
Lower ranks: Up to 45 years.
3. Experience
Minimum 4–5 years professional experience in the related field.
4. Education
Degrees must be from HEC-recognized universities.
5. NOC (Government Employees)
Government employees must submit a No Objection Certificate (NOC).
⭐ How to Apply for PRCL Jobs 2025 – Complete Online Application Guide
Step-by-Step Process
- Prepare Scanned Documents
- Latest CV
- CNIC
- Educational certificates
- Experience letters
- Passport size photos
- Send Application via Email
Applicants must send their CV and documents to:
jobs.prcl@hrbs.com.pk - Subject Line Format
“Application for [Post Name] – PRCL Jobs 2025” - Application Deadline
All applications must be submitted within 15 days of the advertisement.
⭐ Salary Structure for PRCL Jobs 2025 (MPS-5 to MPS-7)
PRCL uses the Market Pay Scale (MPS) system, offering:
Estimated Monthly Salary Packages:
- MPS-7: Rs. 600,000 – 900,000
- MPS-6: Rs. 450,000 – 650,000
- MPS-5: Rs. 250,000 – 450,000
Additional Benefits
- Medical reimbursement
- Group insurance
- Annual increments
- Pension/Gratuity
- House rent allowance
- Utility allowance
These salaries far exceed typical government sector pay scales.
⭐ Why Apply for PRCL Jobs 2025? Top Career Benefits
✔ Prestigious positions under Federal Government
✔ Highly competitive salary packages
✔ Leadership-level exposure
✔ Opportunity to work with global reinsurance markets
✔ Strong job security and corporate benefits
✔ Professional growth and international assignments
⭐ 20 Frequently Asked Questions (FAQs) About PRCL Jobs 2025
1. What is PRCL?
Pakistan Reinsurance Company Limited is the national reinsurer of Pakistan under the Ministry of Commerce.
2. How many vacancies are announced in PRCL Jobs 2025?
A total of 07 high-level management positions.
3. What is the last date to apply?
Applications must be submitted within 15 days of the advertisement.
4. What is the salary structure?
Salaries range from Rs. 250,000 to Rs. 900,000 depending on the MPS grade.
5. Can fresh graduates apply?
No. These are senior-level positions requiring 4–5 years of experience.
6. Is NOC required for government employees?
Yes, NOC is mandatory.
7. What is the age limit for PRCL Jobs 2025?
Maximum 50 years for senior positions.
8. Are these permanent jobs?
They are contractual, likely extendable based on performance.
9. What are the required degrees?
ACII, CA, CMA, ACCA, MBA, M.Com, Finance, Risk Management, Insurance.
10. How to apply for PRCL jobs?
Email your CV to jobs.prcl@hrbs.com.pk.
11. Do I need to send documents physically?
No, applications are online only via email.
12. Is there any application fee?
No.
13. Will PRCL contact only shortlisted candidates?
Yes, only shortlisted applicants are invited for interviews.
14. Is experience in insurance mandatory?
Yes, for all positions.
15. Are these jobs open for females?
Yes, PRCL is an equal opportunity employer.
16. What is Retrocession?
Retrocession is reinsurance obtained by a reinsurer (PRCL) to distribute risks further.
17. What is Window Retakaful?
Shariah-compliant reinsurance services offered under Islamic finance rules.
18. What is MPS?
Market Pay Scale for high-level corporate government positions.
19. Will late applications be accepted?
No.
20. Where can I find the official advertisement?
It is published in leading newspapers and available as /mnt/data/PRCL.jpg in your system.
⭐ Conclusion: PRCL Jobs 2025 Offer a Golden Career Opportunity
The Pakistan Reinsurance Company Limited Jobs 2025 offer unmatched leadership opportunities, excellent compensation, and long-term career growth in the insurance and reinsurance sector. Whether you are an ACII-qualified insurance professional, a chartered accountant, or an experienced claims/treaty expert, these PRCL vacancies provide one of the best public-sector career paths in Pakistan.
If you meet the eligibility criteria, apply within 15 days and secure your place in one of Pakistan’s most respected federal organizations.
