POSITION IN INSURANCE SECTOR
ASK Development is pleased to invite applications on behalf of its client, National Insurance Company Limited (NICL) — a large public sector organization and a key player in the General Insurance sector — for the following senior leadership position:
Position Title: Chief Investment Officer
As CIO, you will be responsible for overseeing the company’s investment portfolio, leading the Investment team, and developing strategies that align with our long-term financial goals. This executive role requires a seasoned finance professional with deep knowledge of global markets, asset management, risk assessment, and portfolio diversification.
Qualifications:
- Master’s degree in Finance, Economics, Business, or a related field (Master’s or MBA preferred).
- Preference will be given to candidates having experience in dealing with renowned international investment and financial institutions.
- Minimum of 10 years of progressive experience in investment management, asset allocation, or related areas within the finance industry.
- Proven track record of managing large-scale investment portfolios with strong performance results.
- Deep understanding of capital markets, alternative investments, risk management, and financial modeling.
- Strong leadership, communication, and decision-making skills.
- CFA, actuarial qualification, or other relevant certification will be an added advantage
Key Responsibilities:
- Develop and execute a comprehensive investment strategy aligned with the company’s goals and risk appetite.
- Oversee all investment activities, including portfolio construction, performance monitoring, and asset allocation.
- Lead and mentor a high-performing team of investment professionals.
- Monitor economic, market, and industry trends to inform investment decisions.
- Ensure compliance with financial regulations and internal governance policies.
- Collaborate with executive leadership to shape corporate financial strategy.
- Present regular investment reports and strategic update to the Board of Directors.
Mode of Employment:
- This is purely a contractual position and is equivalent to the post of General Manager with an open-ended contract; the services will be governed by the terms and conditions of the contract.
- Compensation will range between PKR 400,000 and 600,000, Plus perks and benefits equivalent to GM end also determined by the candidate’s qualifications, experience, and interview outcome
Important Notes:
- Interested applicants may apply within fifteen days from the publication of this advertisement,
- Incomplete/ delayed applications shall not be considered.
- The applicants working in Government Semi Government, Autonomous Bodies are required to provide NOC at the time of interview.
- National Insurance Company Limited (NICL) is an equal opportunity employer.
- Females are encouraged to apply.
- Only shortlisted applicants will be invited for interview.
- The candidate’s shall not be entitled for any TA/DA while appearing for interview.
- The candidates will be required to present their documents at the time of the interview. However, academic degrees, certificates and experience letters of the selected candidate will be subject to verification after final selection.
- Any effort made to influence the recruitment and selection process will head to disqualify the potential candidate, who may otherwise be qualified.
- NICL reserves the right to cancel the recruitment process at any stage without assigning any reason.
Age: Maximum 50 Years
Vacancies: 01