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Pak-Arab Refinery Limited (PARCO), an integrated energy company, is a Joint Venture between Pakistan and Emirate of Abu Dhabi. PARCO owns and operates over 2000 kms of pipeline network, Pakistan’s largest and most modern refinery, marketing, distribution operations and has formed Joint Ventures with renowned international companies and conglomerates. The Company is continually following an aggressive growth strategy and has planned expansions and penetration into new markets.
PARCO has an asset base of around USD 1.5 billion and is seeking a high caliber professional for itsCorporate Headquarters in Karachi to manage its Insurance function.

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MANAGEMENT EXECUTIVEINSURANCE RISK MANAGEMENT

Key Responsibilities
Advise, develop and implement risk and insurance related policies and procedures
Plan, negotiate and administer insurance risk placements and renewals
Analyze and advise on insurance policies, their coverage terms, conditions, exclusions and warranties
Plan, organize and execute Risk Assessment/Control Engineering Surveys and Asset Revaluation for insurance purposes
Provide consultancy to business units in respect of risk management and other insurance matters
Supervise accounting of insurance transactions, manage claims’ filing process and recovery for all classes of insurance
Participate and contribute towards Emergency Response Plan and Disaster Recovery Plan Qualifications and Experience
CA/ACCA/ICMA/MBA with minimum 5 years relevant experience preferably in petrochemical industry. Applicants should have excellent communication, negotiation and advanced computer skills including database software and ERP, preferably SAP. Age should not exceed 40 years.

Applicants may apply online before November 3, 2014
PARCO is an equal opportunity employer. Only short-listed candidates will be called for interviews. Use of any extraneous influence during the selection process would immediately result in the disqualification of the applicant

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