The State Life Insurance Corporation of Pakistan is inviting applications for various managerial roles in its Windows Takaful Operation (Islamabad Jobs). These positions are offered on a contract basis for a period of three years contingent on satisfactory performance. All roles are Karachi-based and the maximum age limit for applicants is 45 years (Islamabad Jobs). The organization is looking for highly motivated and skilled professionals with relevant academic qualifications and work experience in their respective fields.
The first position is Manager (Finance & Accounts) which requires a 4-year Bachelor’s or Master’s degree in Business Management Finance Economics or a related field (Islamabad Jobs). Alternatively membership in a recognized professional body of accountants (ICAP ICMAP ACCA) is acceptable. Applicants must have at least two years of post-qualification experience preferably in Insurance or Family Takaful. A strong understanding of financial principles analytical skills and familiarity with MS Office are essential (Islamabad Jobs). Preference will be given to candidates with experience in Oracle or SAP software.
The second role Manager (Policy Holder Service/Customer Services) requires a 16-year education such as a BS/BBA from an HEC-recognized university (Islamabad Jobs). Applicants must possess 4 to 5 years of experience in customer service PHS claims management or compliance within the Takaful or insurance industry. Hands-on experience with operational management systems and a sound understanding of Takaful principles are key requirements (Islamabad Jobs). This position involves ensuring efficient processing regulatory compliance and system management for Family Takaful operations.
The third position is Manager (Business Development) – Banca Takaful which demands an 18-year education such as an MBA M.Com or MSc from an HEC-recognized university with 4 to 5 years of experience in a relevant field (Islamabad Jobs). Applicants should possess a deep understanding of Takaful principles and strategic sales initiatives (Islamabad Jobs). The role focuses on building and maintaining long-term partnerships with banking partners coaching personnel on Takaful products and designing campaigns to increase product awareness and sales.
Positions Available
- Manager (Finance & Accounts)
- Manager (Policy Holder Service/Customer Services)
- Manager (Business Development – Banca Takaful)
Key responsibilities
- Key Responsibilities for Manager (Finance & Accounts):
- Manage financial planning, forecasting, and budgets.
- Analyze financial reports and assess performance.
- Oversee investment portfolios and provide recommendations for adjustments as needed.
- Supervise the divisions, including cash flow and liquidity management.
- Key Responsibilities for Manager (Policy Holder Service/Customer Services):
- Supervise Family Takaful PHS operations.
- Ensure smooth claim processing and underwriting.
- Oversee compliance with regulatory and legal standards.
- Coordinate IT-related developments in operational systems.
- Implement and supervise a compliant management system.
- Key Responsibilities for Manager (Business Development – Banca Takaful):
- Develop and implement strategies to market Takaful products through bank channels.
- Train and coach staff on Takaful products and techniques.
- Plan and execute campaigns to promote awareness and sales.
- Provide insights and feedback on product development to meet market needs.
Skills Required
- Skills Required for Manager (Finance & Accounts):
- Strong analytical and financial decision-making skills.
- Proficiency in financial reporting and budgeting.
- Expertise in financial principles of Takaful and insurance.
- Familiarity with the Companies Act 2017, Insurance Ordinance 2000, and Takaful Rules 2012.
- Proficiency in MS Office and experience with Oracle or SAP software (preferred).
- Ability to manage cash flows, investments, and financial operations.
- Skills Required for Manager (Policy Holder Service/Customer Services):
- Strong understanding of customer service and claims management.
- Familiarity with operational management systems in Takaful.
- Knowledge of compliance regulations and legal frameworks.
- Excellent organizational and supervisory skills.
- Proficiency in IT-related systems for operational enhancements.
- Ability to lead and implement process improvements.
- Skills Required for Manager (Business Development – Banca Takaful):
- Strategic planning and sales initiative implementation skills.
- Strong relationship-building and networking skills with banking partners.
- Ability to coach and train teams effectively.
- Expertise in product marketing and campaign design.
- Sound knowledge of Takaful products and sales techniques.
- Strong communication and interpersonal skills for client engagement.
Why work for the State Life Insurance Corporation of Pakistan?
Working for the State Life Insurance Corporation of Pakistan offers an opportunity to be part of one of the largest and most trusted insurance companies in the country (Islamabad Jobs). With a rich history of providing reliable financial protection the organization has established itself as a leader in both the life insurance and Takaful sectors. Employees benefit from a structured and well-organized workplace that prioritizes growth skill development and adherence to ethical practices (Islamabad Jobs). As a government-owned entity it is a stable and prestigious platform for professionals to build a career in the insurance and financial services industry.
The corporation emphasizes equal opportunity and encourages female professionals to join its workforce reflecting its inclusive work culture (Islamabad Jobs). Employees have the chance to work in diverse teams that focus on providing innovative and customer-centric solutions in the Takaful sector (Islamabad Jobs). Furthermore the organization’s commitment to maintaining compliance with federal regulations ensures a fair and transparent work environment promoting trust and integrity among employees and stakeholders.
In addition to professional growth working at State Life Insurance Corporation provides a chance to contribute to a significant national cause (Islamabad Jobs). Employees can take pride in promoting financial security and stability for individuals and families across Pakistan. By joining the organization you become part of a mission to enhance the insurance and Takaful sectors ultimately supporting the country’s economic development (Islamabad Jobs).
Eligibility Criteria
| Position | Education | Experience | Other Requirements |
|---|---|---|---|
| Manager (Finance & Accounts) | – 4-year Bachelor’s or Master’s degree in Business Management, Finance, Economics, or a related field. | – At least 2 years of post-qualification experience, preferably in Insurance or Family Takaful. | – Membership in ICAP, ICMAP, or ACCA (optional).- Proficiency in MS Office and familiarity with Takaful principles. |
| Manager (Policy Holder Service/Customer Services) | – 16 years of education (BS/BBA or equivalent) from an HEC-recognized university. | – Minimum 4-5 years of experience in customer services, PHS, claims management, or compliance. | – Strong understanding of Takaful operational systems.- Familiarity with regulatory and compliance frameworks. |
| Manager (Business Development – Banca Takaful) | – 18 years of education (MBA/M.Com/MSc or equivalent) from an HEC-recognized university. | – At least 4-5 years of relevant experience in sales or business development. | – Expertise in Takaful principles and strategic planning.- Strong networking and relationship-building skills. |
Age Limit
| Position | Age Limit |
|---|---|
| Manager (Finance & Accounts) | Maximum 45 years |
| Manager (Policy Holder Service/Customer Services) | Maximum 45 years |
| Manager (Business Development – Banca Takaful) | Maximum 45 years |
Application Process and Important Notes
- Fill out the application form and attach the paid deposit slip with the required documents.
- Send the complete application to the “Pakistan Testing Service Headquarter, 3rd Floor, Adeel Plaza, Fazal-e-Haq Road, Blue Area, Islamabad” by the due date.
- Clearly write the project name and job title on the right-hand corner of the envelope.
- Ensure that applications are submitted before the deadline, as late or incomplete applications will not be entertained.
Last Date to Apply
- December 10, 2024.
Red Flags to Avoid in Your Application
- Here are some red flags to avoid when applying for the positions:
- Incomplete Applications: Failing to submit all required documents, such as the application form, deposit slip, or educational certificates.
- Incorrect Information: Providing false or inaccurate details about qualifications, work experience, or other personal information.
- Late Submission: Submitting the application after the deadline, as late applications will not be considered.
- Outdated Forms: Using an outdated application form instead of the latest one available on the official website.
- Failure to Follow Instructions: Not mentioning the project name and job title on the envelope, as per the application guidelines.
- Duplicate Payments: Paying the application fee more than once for the same position, as duplicate payments may not be refunded.
- Not Meeting Eligibility Criteria: Applying for a position without meeting the specified qualifications or age limit, which may lead to immediate disqualification.
The Selection Process
- Applications will be scrutinized to verify eligibility based on qualifications and experience.
- Shortlisted candidates will be invited to appear for a written test conducted by Pakistan Testing Service (PTS).
- The test will assess candidates’ relevant skills, knowledge, and aptitude for the position.
- Candidates who pass the written test will be called for interviews to evaluate their suitability for the role.
- Final selections will be made based on the combined performance in the written test and interview.
- Successful candidates will be notified, and their appointment will be subject to final approval by the hiring authority.
For Further information
| Details | Information |
|---|---|
| Contact Numbers | 051-9206017, 051-99202805, 021-99204525, 021-99204520 |
| Not provided in the advertisement | |
| Website | www.pts.org.pk |
Address
- State Life Insurance Corporation of Pakistan,
Principal Office, State Life Building #9,
Dr. Ziauddin Ahmed Road,
Karachi, Pakistan.
FAQs
How can I submit my application?
Applications must be submitted by post to the “Pakistan Testing Service Headquarter” with all required documents, including the filled-out application form and paid deposit slip.
What documents are required to apply?
Required documents include the completed application form, the deposit slip for the test fee, educational certificates, and any other supporting documents as mentioned in the job advertisement.
What is the age limit for applying to these positions?
The maximum age limit to apply for these positions is 45 years.
Where can I find the application form?
The application form can be downloaded from the official website of Pakistan Testing Service (PTS) at www.pts.org.pk.
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