Job Vacancy at Nepal Insurance Company Limited

VACANCY ANNOUNCEMENT

Nepal Insurance Company Limited

Nepal Insurance Company Limited is the first leading and well established general Insurance Company. The Company was established in 1947 AD under the leadership of Nepal Bank Limited. Nepal Insurance Company Limited invites applications from dynamic, innovative, and visionary Nepalese citizens for the following positions. Initially, the position will be on a contract basis for up to one year with a possible extension of the contract or a full-time permanent position, subject to satisfactory performance within the contract period.

Position: Deputy Chief Executive Officer (1)

Academic Qualification & Eligibility Criteria:

Master's Degree or equivalent in Management, Economics, Insurance, Finance, Account, Commerce, Law from a recognized University, with At Least 5 years working experience in the position of Manager (Minimum second class officer or equivalent) in Insurance company or 8 years working experience in the position of Manager (Minimum second class officer or equivalent) in any Bank and Financial Institutions or 7 years if worked in both sectors, out of which minimum 1 year of experience in the insurance sector,

OR

Chartered Accountancy or Bachelor's Degree, with At Least 12 years working experience in the position of Manager (Minimum second class officer or equivalent) in Insurance company or 15 years working experience in the position of Manager (Minimum second class officer or equivalent) in any Bank and Financial Institutions or 13 years if worked in both sectors, out of which minimum 1 year of experience in the insurance sector.

Age: 35 to 60 years

Type of employment: Permanent/Contract

Key Responsibilities:

• Provide direction and leadership towards the achievement of the company's vision, mission, goals, and objectives.
• Formulate and implement the Company's strategic and annual business plans.
• Should be able to delegate authority and responsibility among subordinates and take the lead when necessary.
• Ensure compliance with all regulatory and statutory requirements for the smooth operation of the business.
• Advice, guidance, and lead the management on opportunities for strategic alliances, investment, and business growth.
• Develop and implement comprehensive and appropriate risk mitigation programs and policies.

Position: Deputy General Manager (1)

Academic Qualification & Eligibility Criteria:

• Master's Degree in Insurance from a recognized University, with At Least 2 years of working experience in the position of Manager (Minimum second class officer or equivalent) in the Insurance & Banking Sector.
• Master's Degree or equivalent, in Management, Economics, Finance, Account, Commerce, Law from a recognized University, with At Least 3 years working experience in the position of Manager (Minimum second class officer or equivalent) in Insurance & Banking Sector.

OR

• Chartered Accountancy with At Least 2 years of working experience in the position of Manager (Minimum second class officer or equivalent) in the Insurance & Banking Sector. Or Bachelor's Degree, with At Least 6 years of working experience in the position of Manager (Minimum second class officer or equivalent) in the Insurance & Banking Sector.

Age: 35 to 60 years

Type of employment: Permanent/Contract

Key Responsibilities:

• Implement the company's strategies and annual business plans to achieve the company's objectives.
• Provide directions towards his/her subordinates and take the lead when necessary.
• Advice and guide the management to grasp the opportunities in strategic alliances, investment, and business growth.
• Develop and implement comprehensive and appropriate Risk Mitigation Programs and policies.
• Manage and Overview the administration as well as ensure compliance with all regulatory and statutory requirements for the smooth operation of the Company.

How to Apply

Remuneration and facilities shall be as per the company's rules/Contracts.

Interested and qualified candidates are requested to submit their application along with a resume, recent passport size photograph, notarized copies of academic certificates, past credentials of work experience, and business plan in a sealed envelope, within 15 days (within office hour) at Nepal Insurance Company Limited, Head Office. Kamaladi, Kathmandu. Selection criteria will be based on qualifications, experiences, presentation of Business plan, and interview.

Any telephonic inquiries shall not be entertained.

Only shortlisted candidates shall be called for presentation of Business plan and interview. The Company reserves the right to reject any/all applications without assigning any reason whatsoever.

Nepal Insurance

Kamaladi, Kathmandu,

Phone: 01-4221353, 01-4228690, 01-4245565, 01-4245568

Post Box No. 3623

Email: nic@wlink.com.np & nicaccount@wlink.com.np