Manager Jobs at State Life Insurance Corporation of Pakistan 2024

Accounting / Finance, Customer Service
Karachi, Sindh
December 7, 2024
Rs.50,000 - Rs.150,000 / month
Contract

Job Overview

  • Date Posted
    December 7, 2024
  • Location
    Karachi, Sindh
  • Offered Salary
    Rs.50,000 - Rs.150,000 / month
  • Expiration date
    January 6, 2025
  • Experience
    4 Years
  • Gender
    Both
  • Qualification
    Master’s Degree
  • Career Level
    Managerial Level

Job Description

Positions: Manager (Finance & Accounts), (Policy Holder Services/Customer Services), (Business Development – Banca Takaful)
Employer: State Life Insurance Corporation of Pakistan
Location: Karachi
Contract Duration: 3 years (extendable based on performance)
Maximum Age Limit: 45 years

State Life Insurance Corporation of Pakistan is hiring dynamic, results-oriented professionals for Manager positions in its different departments. Applicants must fulfill the requirements to join its Window Takaful Operations on a contract basis for three (3) years, extendable based on performance. Candidates must have excellent communication and interpersonal skills to apply for Managerial positions at the State Life Insurance Corporation of Pakistan. There are handsome compensation packages and benefits for the selected candidates

Manager jobs at State life ins.

Positions Details

We are seeking candidates for the following Karachi-based positions:

1. Manager (Finance & Accounts)

Responsibilities:

  • Prepare and manage financial plans, budgets, and forecasts.
  • Ensure timely preparation of statutory financial statements and management accounts.
  • Identify, assess, and mitigate financial risks.
  • Monitor investment portfolios and collaborate with the investment division for performance reviews.
  • Manage divisional cash flow, liquidity, and capital to ensure operational efficiency.
  • Utilize advanced tools such as MS Office, Oracle, or SAP to streamline processes.

Requirements:

  • Education:
    • 4-year Bachelor’s or Master’s degree in Business, Finance, Economics, or a related field.
    • OR Membership in a recognized accounting body (ICAP, ICMAP, ACCA).
  • Experience: At least 2 years of post-qualification experience, preferably in the insurance or family Takaful sector.
  • Skills:
    • Proficiency in Takaful principles, Company Act 2017, Insurance Ordinance 2000, and Takaful Rules 2012.
    • Strong analytical and decision-making skills.
    • Knowledge of MS Office is essential, and experience with Oracle or SAP is preferred.

2. Manager (Policy Holder Services/Customer Services)

Responsibilities:

  • Supervise Family Takaful policyholder services operations, including underwriting and claims processing.
  • Ensure customer service excellence by promptly addressing customer requests and complaints.
  • Oversee legal and regulatory compliance processes.
  • Manage Family Takaful operational management systems and coordinate with IT for system improvements.
  • Train and mentor staff to enhance customer service delivery.

Requirements:

  • Education: A Bachelor’s degree (BS/BBA or equivalent) in a relevant field from an HEC-recognized institution (16 years of education).
  • Experience: 4-5 years of post-qualification experience in customer service or claims management, preferably in the Takaful sector.
  • Skills:
    • Hands-on knowledge of Family Takaful operations and systems.
    • Proficiency in regulatory and legal compliance.
    • Strong problem-solving and leadership skills.

3. Manager (Business Development – Banca Takaful)

Responsibilities:

  • Develop and execute strategic sales initiatives to drive the growth of Takaful products through partner banks.
  • Build and maintain strong relationships with banking partners and key stakeholders.
  • Train and coach bank personnel on Takaful products to enhance sales performance.
  • Organize customer-focused events and promotional campaigns in collaboration with partner banks.
  • Set and achieve sales targets while ensuring compliance with industry regulations.

Requirements:

  • Education: A Master’s degree (MBA, M.Com, MSc, or equivalent) from an HEC-recognized university (18 years of education).
  • Experience: 4-5 years of post-qualification experience in sales or business development, preferably in the Takaful or financial sector.
  • Skills:
    • Deep understanding of Takaful principles and business strategies.
    • Excellent interpersonal, negotiation, and communication skills.
    • Proven ability to manage and grow relationships with banking partners.

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Application Process:

Interested candidates who meet the requirements are encouraged to apply by the following simple steps.

  1. Download Application Form: Visit the Pakistan Testing Service (PTS) website to access the application form and fee deposit slip.
  2. Pay Test Fee: Deposit a non-refundable fee of Rs. 810/- at any UBL or HBL branch.
  3. Submit Your Application:
    • Send the completed application form along with the original fee deposit slip to:
      Pakistan Testing Service Headquarters, 3rd Floor, Adeel Plaza, Fazl-e-Haq Road, Blue Area, Islamabad.
    • Clearly mention the job title and project name on the envelope.
  4. Deadline: Applications must be submitted by 16 December 2024
Estate-Life-Insurance-jobs-1-min

General Instructions:

  • Only candidates meeting the eligibility criteria will be shortlisted for the test/interview.
  • Government employees must apply through the proper channel.
  • State Life strictly adheres to the Federal Government’s quota policy, including allocations for women, minorities, and individuals with disabilities.
  • No TA/DA will be provided for the test or interview.

Why Join Us?

At State Life, we offer a challenging yet rewarding environment where you can contribute to the growth of Takaful operations in Pakistan. As an equal opportunity employer, we strongly encourage applications from female candidates.

Apply now to be part of a growing team dedicated to excellence and innovation!

Frequently Asked Questions (FAQ)

1. What is the role of a Manager in State Life Takaful Operations?

A Manager in State Life Takaful Operations is responsible for overseeing and managing various critical functions, such as financial planning, customer services, or business development. Each role involves leadership responsibilities, ensuring compliance with regulatory standards, and working towards the growth and success of Takaful operations.

2. Are the positions permanent or contract-based?

The positions are contract-based for a period of three years. However, they are extendable based on performance, allowing managers to continue contributing to the organization’s long-term goals.

3. What qualifications are required to apply for these managerial roles?

The qualifications vary depending on the position:

  • For the Manager (Finance & Accounts) role, a degree in Business, Finance, or Economics, or membership in a recognized accounting body (ICAP, ICMAP, ACCA) is required.
  • The Manager (Policy Holder Services) role requires a Bachelor’s degree in a relevant field.
  • The Manager (Business Development – Banca Takaful) position requires a Master’s degree in fields like MBA, M.Com, or MSc.

Relevant post-qualification experience is essential for all roles.

4. Can women apply for these managerial positions?

Absolutely! State Life is an equal opportunity employer and encourages women, along with minorities and individuals with disabilities, to apply for managerial roles.

5. Where are these managerial positions based?

All the listed positions, including Manager (Finance & Accounts), Manager (Policy Holder Services), and Manager (Business Development – Banca Takaful), are based in Karachi.

6. What is the application process for Manager positions?

To apply for these managerial roles:

  1. Download the application form and fee deposit slip from www.pts.org.pk.
  2. Pay the test fee of Rs. 810/- at any UBL or HBL branch.
  3. Submit the completed application form and original deposit slip to the Pakistan Testing Service (PTS) headquarters in Islamabad.

Ensure you clearly mention the job title, such as “Manager,” on the envelope.

7. Is there an age limit for these roles?

Yes, the maximum age limit for all managerial positions is 45 years.

8. What happens after I submit my application?

After submission, applications are reviewed, and only shortlisted candidates will be contacted for further testing and interviews. Candidates applying for managerial roles should ensure they meet the eligibility criteria to increase their chances of selection.

9. Do government employees need special approval to apply?

Yes, government employees applying for managerial roles must do so through the proper channel.

10. Will any travel allowances be provided for interviews or tests?

No, State Life does not provide TA/DA for tests or interviews for managerial or any other positions.

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