GOVERNMENT OF PAKISTAN
Ministry
of Commerce
Vacancy Announcement
Application
are invited for the post of
CHIEF EXECUTIVE OFFICER (CEO)
National
Insurance Company Limited (NICL), Karachi
|
Pay Scale: |
MP-I* |
|
Tenure: |
The Appointment will be on a contract basis
for a period of three (03) years, detailed terms and conditions will be
settled in the contract. |
|
Age |
45-57 years |
MINIMUM REQUISITE QUALIFICATION AND
EXPERIENCE
Master’s Degree or equivalent OR a chartered accountant from an institution recognized by the Higher Education Commission of Pakistan OR Foreign qualification of equivalent level recognized by the Higher Education Commission of Pakistan with at least 15 years experience out of which 5 years as a key officer in a leadership Role dined in insurance companies sound & prudent Management Regulation 2020) in the insurance industry.
I) ASCII OR FCII OR equivalent OR (ii) hold a master degree in insurance/risk management/ Actuarial Science from a university recognized by the Higher Education Commission of Pakistan with at least 15 years experience out of which 5 years as a key officer in a leadership Role (as defined in insurance companies sound & prudent Management Regulation 2020) in the insurance industry.
He must fulfill the eligibility criteria mentioned under section 153 of the companies Act, 2017 and condition laid down in insurance companies sound & prudent Management Regulations, 2020.
RESPONSIBILITIES
Implement the vision, mission and goals of the company as outlined by the Board of Directors.
Report Company performance to the board
Provide inspired leadership; create a culture of performance, positive morale, and accountability in the company,
Provide a marketing plan and a vision of the company’s future development.
Lead development and execution of short and long – term operational policies and strategic plans for the company.
Assess risks to the company and ensure they are monitored and minimized.
Bear responsibilities for the company’s finances, including working closely with the CFO to prepare budgets and keep the board of Directors informed with respect to case management, investments and internal audits.
Work closely with human resources (HR) to streamline hiring practices, fixation of perks, privileges, and benefit disbursement of the employees.
Oversee quality control throughout the company, establishing goals for each department in the part ship with division managers.
Assure all legal and regulatory documents are filed and monitor compliance with laws and regulations.
Represent the company as required including attendance at important functions, industry events, and public meetings and create an alliance for the company, if required.
Evaluate the work of other executives within the company.
Ensuring that the company maintains high social impact and adhere to its corporate social responsibility
Eligibility will be determined and selection will be finalized as per approved government policy. Only shortlisted will be invited for an interview. The candidate shall not be entitled to any TA/DA while appearing for the interview. No person shall be appointed as Chief Executive Officer unless he is a citizen of Pakistan. A dual Nationality holder will not be considered. Application by hand will not be accepted. Interested candidates are required to send their application marked “Chief Executive officer” with CV, copies of corticated and degrees, CNCI, and two recent passport size photographs within 15 days after the publication of this advertisement to the following address:.
“pay Package shall be MP-I The scale of Government of Pakistan [Package details are available on the official website)
http://www.finance.gov.pk/circulars/circular_14072017.pdf
Of the Finance Division, Government of Pakistan
Last Date 21 September 2020
HR DEPARTMENT,
NATIONAL INSURANCE COMPANY LTD.
NICL Building,
Abbasi Shaheed Road, Karachi.
Red Zone, Islamabad, Islamabad Capital Territory, Pakistan
Phone:
021-99225547 ; Fax : 021-99225779,
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