Pakistan Reinsurance Company Limited PRCL Jobs Online Apply has announced multiple high-level vacancies for qualified, experienced, and skilled professionals under the Management Services Pay Scale (MSPS). These PRCL Jobs 2025 offer an excellent opportunity for candidates looking for senior management roles in Pakistan’s insurance, reinsurance, risk management, finance, and corporate governance sectors.

PRCL is the only reinsurance company owned by the Government of Pakistan, operating under the Ministry of Finance. The company plays a vital role in strengthening Pakistan’s insurance ecosystem by offering reinsurance protection to local and international insurers. Working with PRCL means joining a prestigious national-level organization that offers stability, growth, and a strong professional environment.

This comprehensive guide includes all details about PRCL Jobs 2025, including eligibility criteria, job descriptions, required qualifications, experience, age limits, application process, and FAQs.

Vacant Positions

• AGM Corporate
• AGM Taxation
• Board Secretariat
• Head Claims
• Head Retakaful
• Head Retrocession
• Head Risk Management
• Head Treaty

PRCL Jobs 2025 – List of Announced Vacancies

1. Head of Retrocession (MSPS 6/7)

Age Limit: Not more than 50 years
Qualification & Experience Requirements:

Candidates must meet one of the following:

Option A

• Advanced Diploma in Insurance (ACII)

• Minimum 6 years experience in reinsurance/general insurance/takaful

• Experience must include retrocession operations

Option B

• Master’s/Bachelor’s degree (16 years education) in Insurance, Risk Management, Commerce, or Finance

• Minimum 8 years experience in reinsurance/general insurance/takaful

• Diploma such as CPCU/CII will be preferred

2. Head of Window Retakaful Operations (MSPS 6/7)

Age Limit: Not more than 50 years
Qualification & Experience Requirements:

Option A

• ACII

• 6 years experience in general insurance/takaful

• At least 4 years in takaful operations

Option B

• Master’s/Bachelor’s (16 years education)

• 8 years experience in insurance/reinsurance/takaful

• At least 4 years experience in takaful

This role suits professionals with strong Shariah-compliant insurance knowledge.

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3. Head of Claims (MSPS 6/7)

Age Limit: Not more than 50 years

Qualification & Experience

Option A

• ACII

• At least 6 years experience in claim handling (insurance or takaful)

Option B

• Master’s/Bachelor’s degree

• 8 years experience in claims in general insurance or takaful

• CII/CPCU diploma preferred

This senior-level role oversees complex claims, recovery management, and settlement processes.

4. Head of Treaty (MSPS 6/7)

Age Limit: Not more than 50 years

Option A

• ACII + 6 years experience in treaty insurance or reinsurance

Option B

• Master’s/Bachelor’s (16 years education) + 8 years experience in treaty/reinsurance/general insurance

• CPCU/CII diploma preferred

This role requires deep understanding of treaty arrangements, risk placement, and portfolio management.

5. Head of Risk Management (MSPS 6/7)

Age Limit: Not more than 45 years

Option A

• ACII

• 6 years experience in insurance/takaful risk management

Option B

• Master’s/Bachelor’s degree

• 8 years insurance/reinsurance/takaful experience

• At least 4 years experience in risk management

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This role oversees risk frameworks, reporting, compliance, and enterprise risk strategy.

6. Assistant General Manager – Taxation (MSPS 5)

Age Limit: Not more than 45 years

Qualification Requirements

• CA, CMA, ACCA
  OR

• Master’s/Bachelor’s (16 years) in Accounting or Finance

Experience

• At least 7 years overall experience

• Minimum 2 years specialized experience in taxation or tax-related duties

• Diploma in Pakistani tax laws is an advantage

This position manages corporate taxation, compliance, and financial reporting.

7. Assistant General Manager – Corporate / Board Secretariat (MSPS 5)

Age Limit: Not more than 45 years

Qualifications

• MBA (Finance), CA, CMA, ACCA
  OR

• Master’s/Bachelor’s in Accounting, Finance, Commerce

Experience

• Minimum 7 years experience in:

  • Corporate governance

  • Board secretarial functions

  • Risk management

  • Compliance

  • Insurance/reinsurance

Professional certifications like ICSP, CPA, PIPFA are preferred.

General Requirements for PRCL Jobs 2025

1. Positions are purely contract-based for 3 years (extendable).

2. Only shortlisted candidates will be called for interviews.

3. Applicants working in government/semi-government must apply through proper channel with NOC.

4. All degrees must be from HEC-recognized universities.

5. False information may result in disqualification.

6. PRCL is an equal-opportunity employer.

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Why Work at PRCL? (Key Benefits)

Working at Pakistan Reinsurance Company Limited offers:

• High-paying positions in MSPS Grades

• National-level exposure in reinsurance

• Interaction with local & international insurance companies

• Government-backed job security

• Professional working environment

• Strong chances of contract extension

• Career growth in a highly specialized industry

PRCL is considered one of the top-tier organizations for professionals in insurance and finance.

Conclusion

PRCL Jobs 2025 offer excellent opportunities for experienced professionals looking to build a career in the reinsurance sector. The roles announced are senior-level and require strong professional qualifications such as ACII, CA, ACCA, MBA (Finance), or advanced insurance diplomas. Interested candidates should apply online via email and ensure that all required documents are attached.

These positions offer growth, stability, and recognition at the national level — making them some of the most attractive government-sector managerial jobs in Pakistan.

FAQs – PRCL Jobs 2025

1. What is PRCL?

Pakistan Reinsurance Company Limited (PakRe) is the government-owned reinsurance company offering risk coverage to insurers in Pakistan.

2. What is the application deadline for PRCL Jobs 2025?

The advertisement did not mention a closing date, so candidates should apply as soon as possible.

3. Can government employees apply?

Yes, but they must submit a NOC from their parent department.

4. What is MSPS?

MSPS stands for Management Services Pay Scale, used for senior corporate roles in state-owned entities.

5. How do I apply?

Apply via email at jobs.prcl@hrbs.com.pk with your CV and required documents.

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