Description :

Grade Level: L2

Location: Islamabad

Last date to apply: 4th November, 2025

What is "Expert Foreign Trade & Insurance"?

Expert Foreign Trade & Insurance independently manage all foreign trade and insurance operations of the company, ensuring full compliance with SBP and SECP regulations, timely execution of cross-border payments, optimal coverage of corporate assets, and accurate reporting to management and regulatory bodies.

Key Responsibilities

1. Foreign Trade Operations

• Manage end-to-end offshore payment processing including imports, service contracts, and inter-company remittances in line with SBP’s Foreign Exchange Manual.
• Prepare and maintain SBP approval cases under relevant chapters (e.g., 14A, 14C, 20), ensuring that all submissions contain proper business justifications and supporting documentation.
• Coordinate with banks, group treasury, vendors, and internal departments for preparation and execution of outward remittances, Letters of Credit (LCs), and Bank Guarantees.
• Monitor payment pipelines and approval statuses, maintaining up-to-date records of pending, approved, and executed cases.
• Ensure timely renewal of foreign trade instruments and maintain a compliance tracker for all regulatory filings.
• Liaise with SBP and Authorized Dealers for clarification on new circulars and changes in foreign exchange regulations impacting business operations.
• Reconcile all foreign currency payments and receipts, and provide periodic MIS for management review.

2. Insurance Operations

• Administer the complete corporate insurance portfolio covering assets, infrastructure, third-party liability, and business interruption for PMCL and its subsidiaries.
• Lead the policy renewal process—consolidate asset exposure data, obtain quotations from multiple insurers/brokers, and evaluate coverage terms before final placement.
• Ensure adequate insurance coverage for all newly acquired or disposed assets by coordinating with finance and supply chain.
• Maintain and update the insurance register, policy documents, endorsements, and claim records.
• Facilitate and coordinate insurance claims—documentation, surveyor engagement, follow-up with insurers, and settlement recording.
• Evaluate premium allocations, monitor insurer performance, and recommend improvements in cost efficiency and coverage.
• Prepare regular management reports summarizing insurance exposures, claim status, and outstanding recoveries.

3. Compliance and Coordination

• Ensure all foreign trade and insurance transactions comply with SBP, SECP, and internal audit requirements.
• Act as the focal point for internal and external audits, ensuring availability of supporting documentation and reconciliations.
• Coordinate with Finance, Legal, SCM, Tax, and Group Treasury to resolve operational or compliance issues.
• Maintain up-to-date knowledge of foreign exchange circulars, SECP insurance guidelines, and group compliance policies.

4. Reporting and Analysis

• Prepare periodic status reports on pending approvals, insurance renewals, claim settlements, and foreign remittance utilization.
• Provide data analysis and dashboards for management decision-making on payment prioritization, insurance exposure, and cost optimization.
• Support Head of Treasury in preparing regulatory presentations and management briefs.

Jazz is an equal-opportunity employer. We celebrate, support, and thrive on diversity and are committed to creating an inclusive environment for all employees.

Requirements

Qualifications & Experience

• Education: Bachelor’s or master’s degree in finance, Accounting, Economics, or related field.
• Experience: Minimum 5–7 years of hands-on experience in foreign trade operations and corporate insurance within a large corporate or financial institution.
• Certifications (Preferred): Treasury, Trade Finance, or Insurance-related certification (e.g., ICMA, CITF, or equivalent).

Key Skills & Competencies

• Strong understanding of SBP Foreign Exchange Manual, trade documentation, and payment compliance.
• In-depth knowledge of insurance coverage types, risk evaluation, and claims handling.
• Excellent coordination and communication with regulators, banks, brokers, and internal stakeholders.
• Analytical mindset with ability to interpret financial and compliance data.
• High attention to detail, documentation accuracy, and follow-through.

Benefits

Benefits

As one of the leading employers in the country, Jazz epitomizes the philosophy that each Jazz employee is passionately living a better every day inspired and enabled by visionary leadership, a unique professional culture, a flourishing lifestyle, and continuous learning and development.

As one of the largest private sector organizations in Pakistan, our objective is to continue to change the lives of our 70 million customers for the better. This is an opportunity for someone who wants to be part of something transformative, someone who can play a critical role in driving our success. Together, we can empower millions more with the tools necessary to progress in an increasingly digital economy.