Prospective employees, industry analysts, and individuals seeking comprehensive information frequently inquire about Askari General Insurance salary structures and broader company insights. Understanding the remuneration landscape, coupled with an in-depth view of the corporate environment, is paramount for making informed career choices and assessing the organization’s standing within the competitive insurance sector. This article aims to provide a detailed exploration of typical compensation packages and the intrinsic operational dynamics at Askari General Insurance.
Beyond mere figures, this overview will delve into crucial company insights pertaining to Askari General Insurance, often referred to as AGICO. We will examine elements such as corporate culture, available career opportunities, employee benefits, and the overall work environment. Such insights are invaluable for those contemplating employment, seeking to understand industry benchmarks, or evaluating the company’s market position and potential for professional growth within the financial services domain.
Salary Ranges at Askari General Insurance for All Positions 2025
Understanding the compensation structure at Askari General Insurance is crucial for prospective and current employees. The following information provides an overview of estimated salary ranges across various positions for the year 2025. It is important to note that these figures are indicative and can vary based on factors such as experience, geographical location, specific qualifications, and departmental budgets within the company. The salaries are presented in Pakistani Rupees (PKR).
| No. | Jobs & Positions | Estimated Salary/month (PKR) |
|---|---|---|
| 1. | Chief Executive Officer (CEO) | 1,200,000 – 2,500,000+ |
| 2. | Chief Financial Officer (CFO) | 800,000 – 1,500,000 |
| 3. | Chief Operating Officer (COO) | 750,000 – 1,400,000 |
| 4. | Head of Underwriting | 450,000 – 700,000 |
| 5. | Head of Claims | 400,000 – 650,000 |
| 6. | Head of Sales & Marketing | 400,000 – 680,000 |
| 7. | Head of Information Technology (IT) | 350,000 – 600,000 |
| 8. | Head of Human Resources | 300,000 – 550,000 |
| 9. | Senior Underwriting Manager | 250,000 – 400,000 |
| 10. | Senior Claims Manager | 240,000 – 380,000 |
| 11. | Actuary | 300,000 – 500,000 |
| 12. | Branch Manager | 180,000 – 350,000 |
| 13. | IT Manager | 200,000 – 350,000 |
| 14. | Finance Manager | 180,000 – 320,000 |
| 15. | Underwriting Officer | 90,000 – 160,000 |
| 16. | Claims Officer | 85,000 – 150,000 |
| 17. | Business Development Officer | 75,000 – 140,000 |
| 18. | Accountant | 70,000 – 130,000 |
| 19. | HR Officer | 65,000 – 120,000 |
| 20. | IT Support Specialist | 60,000 – 110,000 |
| 21. | Customer Service Representative | 45,000 – 80,000 |
| 22. | Marketing Executive | 55,000 – 95,000 |
| 23. | Legal Officer | 100,000 – 180,000 |
| 24. | Administrative Officer | 50,000 – 90,000 |
| 25. | Management Trainee | 40,000 – 70,000 |
The salaries presented are base monthly figures and may not include additional compensation elements such as performance bonuses, commissions (especially for sales-related roles), or other benefits typically offered. For precise and role-specific salary information, direct consultation during the recruitment process is always recommended.
About Askari General Insurance
Askari General Insurance Company Limited, commonly known as AGICO, is a significant entity in Pakistan’s non-life insurance sector. Established in 1995, the company operates as a subsidiary of Askari Bank Limited, which is a project of the Army Welfare Trust (AWT). This affiliation provides AGICO with a strong financial backing and a widespread institutional network.
Headquartered in Rawalpindi, Pakistan, AGICO has cultivated a substantial operational footprint across the nation through an extensive network of branches. The company is dedicated to offering a comprehensive suite of general insurance products and services tailored to meet the diverse needs of both individual and corporate clients.
AGICO’s core business lines typically include:
- Motor Insurance
- Fire and Property Damage Insurance
- Marine, Aviation, and Transport Insurance
- Health Insurance
- Miscellaneous Accident and Liability Insurance
The company is registered with and operates under the regulatory supervision of the Securities and Exchange Commission of Pakistan (SECP). Askari General Insurance aims to deliver dependable and efficient insurance solutions, fostering customer confidence and contributing to the financial security of its policyholders by adhering to prudent underwriting practices and maintaining high service standards.
Benefits at Askari General Insurance
Askari General Insurance is committed to the well-being and professional growth of its employees, offering a competitive and comprehensive benefits package. While specific entitlements may vary based on role and tenure, the company typically provides a suite of advantages designed to support both personal and career needs.
Key components of the benefits program often include:
- Medical Coverage: Comprehensive health insurance plans for employees and, in many cases, their eligible dependents, covering hospitalization and outpatient treatments.
- Provident Fund/Gratuity: Contributions towards retirement savings, ensuring long-term financial security for employees.
- Leave Entitlements: Generous paid time off, including annual, casual, and sick leave, to promote work-life balance.
- Professional Development: Opportunities for training, skill enhancement, and career advancement within the organization.
- Performance Incentives: Potential for bonuses and other rewards based on individual and company performance, recognizing valuable contributions.
The company may also offer other ancillary benefits, such as group life insurance or transport facilities for certain positions, aimed at enhancing the overall employee experience and fostering a supportive work environment.
Advantages of Working at Askari General Insurance
Employment at Askari General Insurance presents several compelling advantages for individuals seeking a fulfilling career within the insurance industry. The organization is reputed for cultivating an environment that supports both professional development and personal well-being.
Key benefits frequently highlighted by employees and industry observers include:
- Competitive Compensation and Benefits: The company typically offers attractive salary packages, often complemented by comprehensive benefits such as health insurance, retirement plans, and paid time off. This focus on financial well-being is a significant motivator.
- Career Growth Opportunities: Askari General Insurance generally emphasizes employee advancement, providing avenues for training, skill enhancement, and internal promotions. This commitment fosters long-term career progression within the organization.
- Supportive Work Culture: A collaborative and inclusive work environment is often cited, where teamwork and mutual respect are valued. This contributes to positive employee morale and overall job satisfaction.
- Stability and Reputation: Working for an established entity in the insurance sector provides a degree of job security and the professional prestige associated with a recognized industry name, enhancing an individual’s professional profile.
Office Locations
Askari General Insurance Company Limited (AGICO) maintains a significant operational footprint across Pakistan to effectively cater to its diverse customer base. The company’s infrastructure is designed to ensure accessibility and prompt service delivery.
Head Office
The Head Office of Askari General Insurance is strategically situated in a major commercial city, serving as the central hub for all administrative, underwriting, and claims management oversight. This principal office dictates policy, manages large corporate accounts, and coordinates the activities of its regional and branch network.
Regional and Branch Network
AGICO operates a comprehensive network of regional offices located in key provincial capitals and major urban centers. These regional hubs oversee a further network of branch offices spread across numerous cities and towns. This decentralized structure allows for localized customer service, efficient claims processing, and better market penetration. While specific addresses vary and are updated periodically, the company ensures its presence in areas with significant economic activity and population density.
The typical distribution includes, but is not limited to:
- Major metropolitan areas (e.g., Karachi, Lahore, Islamabad/Rawalpindi)
- Important industrial and agricultural centers
- Provincial capitals providing wide regional coverage
This extensive network of physical locations underscores AGICO’s commitment to being readily accessible to its policyholders and potential clients throughout the country.
Askari General Insurance Products and Services
Askari General Insurance Company Limited (AGICO) offers a comprehensive suite of general insurance products and services tailored to meet the diverse needs of both individual and corporate clients. Their offerings are designed to provide financial protection against a wide array of risks.
The company’s portfolio is broadly categorized to address specific insurable interests. Key product lines include:
Motor Insurance
This is a core segment for AGICO, providing coverage for private vehicles, commercial fleets, and motorcycles. Policies typically cover accidental damage, theft, and third-party liability, ensuring peace of mind for vehicle owners.
Property Insurance
AGICO offers protection for residential, commercial, and industrial properties against perils such as fire, lightning, explosions, natural disasters (like floods and earthquakes), and other allied risks. This includes coverage for buildings, contents, machinery, and stock.
Marine, Aviation & Transport (MAT) Insurance
This specialized area covers risks associated with the movement of goods and vessels. It includes marine cargo insurance (for goods in transit by sea, air, or land), marine hull insurance (for the vessel itself), and aviation insurance for aircraft and related liabilities.
Miscellaneous Insurance
Under this umbrella, AGICO provides a variety of other essential coverages, such as:
- Health Insurance: Offering medical expense coverage for individuals and groups.
- Travel Insurance: Protecting against unforeseen events during domestic or international travel.
- Engineering Insurance: Covering risks related to construction projects (Contractors’ All Risks, Erection All Risks) and operational machinery (Machinery Breakdown).
- Liability Insurance: Including Public Liability and Product Liability, safeguarding businesses against claims of injury or damage.
AGICO also emphasizes customer service, aiming to provide efficient claims processing and responsive support to its policyholders.
How to Find and Apply for Jobs at Askari General Insurance
Prospective candidates seeking employment opportunities at Askari General Insurance should primarily consult the company’s official website. Most organizations, including Askari General Insurance, typically feature a dedicated “Careers,” “Work With Us,” or “Job Opportunities” section. This portal is the most direct source for current vacancies and provides official application procedures.
In addition to the company’s direct channels, job openings at Askari General Insurance may also be advertised on various online job boards and professional networking platforms. It is advisable to monitor prominent national and international job portals.
Key Platforms for Job Search:
- The official Askari General Insurance careers page (if available).
- Major professional networking sites like LinkedIn.
- Popular job boards in Pakistan, such as Rozee.pk or Indeed (Pakistan).
- Specific job aggregators like
https://pakistan.lokercepat.id/.
When applying, ensure your resume or CV is up-to-date and tailored to the specific role. A well-crafted cover letter highlighting your relevant skills and experience for the position at Askari General Insurance is also highly recommended. Follow the application instructions precisely, whether it involves an online application form or an email submission.
