Chief Executive Officer Wanted in Surya Life Insurance Co. Ltd 1522 views0 applications

Surya Life Insurance Co. Ltd. Invites applications from dynamic, innovative, visionary & computer literate Nepalese Citizen for the post of

1.Position Title: Chief Executive Officer
Academic Qualification
• Minimum Masters Degree in management economics, insurance, finance, account commerce, law, mathematics, statistics or engineering; or Chartered Accountancy with Bachelor degree.
Work Experience and Eligibility Criteria
• Work experience in the position of manager or above at least for 5 years In any insurance company or 8 years In Banking and financial sector or 7 years (Including 1 year In Insurance) in banking and financial sector (Listed in Nepal Stock Exchange).
• Persons well versed with software will be given preference.
• Not disqualified as provided In Insurers Corporate Governance Guidelines.Other qualifications outlined by the Insurance Board
Age: Not exceeding 65 years

Key Responsibilities

• Provide direction and leadership towards the achievement of the company’s mission, strategy, goals and objectives.
• Formulate and implement the company’s strategic and annual business plan to achieve the company’s long and short term objectives.
• Delegate authority and responsibility among subordinates and take the lead as required.
• Ensure that the company complies with all regulatory and statutory requirements guiding the business.
• Guide and lead the management and advise Board of directors on opportunities for strategic alliances, investment and business growth.
• Develop and implement effective MIS & IT System.
• Business Plan
• Candidates are required to submit a 4 years business plan to provide direction and leadership to achieve the organizational goals at the time of application and submit a CV with short description of his/her previous experience and Its relevance in leading Surya Life Insurance Co. Lid.

Last date to apply: 16 Jun, 2017
Performance Agreement : Performance agreement with Board of Directors shall be made before appointment
Remuneration and facilities : Negotiable as per company’s policy and regulator’s directives.


Interested candidates are requested to submit their applications addressed to the chairman & marked confidential along with 2 passports sized photos and the notarized copies of academic certificates in a sealed envelope within 21 days from publication of the advertisement at Post Box no. 15121 or drop at Corporate Office or e-mail at with CEO as subject

Note: Any telephone inquiries shall not be entertained. Only shortlisted candidates shall be called for interview. The company reserves the right to reject any/all applications without assigning any reason whatsoever.
– Company Secretary
Corporate Office: Charter Tower, 4th floor, Gyaneshwor, Kathmandu

This job announcement was published in Kantipur Dainik on 27 Dec, 2016

  • This job is expired!
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Surya Life Insurance Co. Ltd. has been established and registered under Company Act 2063B.S.(Regd. No. 1006/063-64) and Insurance Act 2049 as a Public Limited Co. and was issued a license to operate Life Insurance Business on 2064/12/06(19th March'08)

 Authorized and Paid Up Capital:
The authorized capital of the Company is NRs 50 crore and Issued and Paid up Capital is NRs 50 crore. The promoters have contributed 70% of this,amounting to NRs.35 Crore whereas the other Nepalese Citizens  contributed remaining 30% of this capital amounting to NRs.15 Crore.
Re-Insurance :The Company has made reinsurance arrangement with SCOR Global Life Reinsurance Co. of Paris (France).
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