Ministry of Commerce & Textile (COMMERCE DIVISION)
State Life Insurance Corporation Pakistan Jobs 2019-SLIC, Applications are invited for the post of CHAIRMAN of State Life Insurance Corporation (SLIC) Pakistan at Karachi
Pay Scale MP-I
Tenure: The appointment will be on contract basis for a period of three years
Age: Maximum Age limit shall be 57 years, of State Life Insurance Corporation Pakistan Jobs 2019-SLIC.
MINIMUM REQUISITE QUALIFICATION AND EXPERIENCE)
He/she must have an educational qualification of a Master degree or equivalent 11 Business Administration, Corporate Finance, Corporate Law. Economics or Charted Accountant from Pakistan or Foreign Institution of equivalent level recognized by the Higher Education Commission of Pakistan, with at least 12 years experience out of which 7 years as Key Officer (as defined in Insurance Companies (Sound and Prudent) Management Regulations 2012) in the insurance industry and 5 years management or business experience at senior level OR S&ich persons must (a) be an ASCII or FCII (b) Be a fellow at the institute or Society of Actuaries or equivalent qualification as recognized by the Pakistan Society of Actuaries (C) Hold a Master degree in Insurance. Risk Management or Actuarial Science from a university recognized by the Higher Education Commission, with at least 7 years experience as Key Officer (as del med in Insurance Companies (Sound and Prudent) Management Regulations, 2012) in insurance Industry
Other eligibilities mentioned in governing rules and regulations including Insurance Companies (Sound and Prudent) Management Regulations, 2012 and Public Sector Companies (Corporate Governance) Rules, 2013 as amended m 2017 and Regulations, etc issued by the Federal Government. Policy. Regulatory and Financial knowledge of insurance sector wi be considered desirable.
• A dynamic corporate leader who has the capacity to lead the organization arid active targets set ii the light of functions and objectives enumerated lithe Law etc.
• Heishe will be responsible to look after the business of the Corporation and perform functions ii accordances with the Life insurance Nationalization Order. 1972 and SECP rules: (1) insurance Companies (sound and prudent) Management Regulations, 2012 (m) Public Sector Companies (corporate governance) Rules. 2013 and other relevant Regulations etc issued by the Federal Government
Applicants working in private sector/autonomous bodies and the eligible professionals in the insurance industry should send their CVs to the undersigned within (15) days after the publication of the advertisement The applicants working in government departments, public sector companies, autonomous bodies should route their applications through proper channel. Eligibility will be determined and selection will be finalized as per the approved Government Policy. The shortlisted applicants will be invited for an interview, the candidate shall not be entitled to any TWDA for appearing in the Interview. The application form can be downloaded from www.commerce.govpk.
No person shall be appointed as a Chairman unless he is a citizen of Pakistan.
– Section Officer (Insurance) —
Ministry of Commerce and Textile
A-Block, Pakistan Secretariat. Islamabad