Citizen Life Insurance Announces Vacancy for Qualified and Semi-Qualified Chartered Accountants

14th November 2025, Kathmandu

Citizen Life Insurance Company Limited, one of Nepal’s fast-growing life insurers with 135 nationwide branches, has announced job openings for Qualified and Semi-Qualified Chartered Accountants (CAs) at the Officer Level.

Citizen Life Insurance Vacancy

The positions are focused on critical areas, including Risk, Compliance, Finance, and Accounts, reflecting the growing need for specialized financial expertise in the expanding Nepali insurance sector.

Key Responsibilities and Required Qualifications

The advertised positions are replacement roles designed to reinforce the company’s internal controls, compliance framework, and financial management capabilities. The responsibilities underscore the multifaceted role of a CA in a modern life insurance environment, where technical accounting knowledge must be balanced with regulatory compliance and risk management.

Major Roles and Responsibilities

The successful candidates will be tasked with high-level financial and compliance duties, including:

Risk and Compliance: Assisting the Chief Risk and Compliance Officer in preparing and maintaining risk and compliance registers and reports. This is vital given the strict oversight from the Nepal Insurance Authority (NIA).

Financial Management: Supporting the Chief Financial Officer (CFO) in managing accounting, financial functions, and investment matters. Life insurance companies manage significant investment funds, making this a core area of responsibility.

Reporting: Preparing Management Information System (MIS) reports and ensuring the timely submission of all regulatory reports required by the Nepal Insurance Authority (NIA).

Auditing and Control: Coordinating with both internal and external auditors and supporting inter-departmental coordination and internal control functions.

Statutory Compliance: Preparing financial statements strictly according to applicable rules and regulations (Nepal Financial Reporting Standards – NFRS).

Essential Qualifications and Skills

Citizen Life Insurance has set clear and rigorous qualification requirements, common for technical roles in the financial sector:

Qualified CA: Must hold a Chartered Accountancy qualification from a recognized institution (e.g., ICAN or ICAI membership).

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Semi-Qualified CA: Must have passed CAP II or an equivalent level and successfully completed the mandatory 3 years of articleship training.

Experience: Previous experience in the insurance sector is highly preferred, demonstrating a basic understanding of the life insurance business, its technical accounting, and regulatory landscape.

Technical Proficiency: Advanced proficiency in MS Excel, MS Word, MS PowerPoint, and related applications is essential for data analysis and financial modeling.

Career and Compensation Outlook for CAs in Nepal

The Chartered Accountancy profession in Nepal remains highly valued, especially in the banking and insurance sectors, which require robust regulatory compliance and financial control.

Salary Range: The salary for CAs in Nepal varies significantly based on experience, specific role, and company size. An Entry-Level CA (fresher) can typically expect a monthly salary ranging from NPR 30,000 to NPR 70,000. However, with 3 to 5 years of experience (Mid-Level), which is the likely range for an Officer Level hire, the salary can rise to NPR 70,000 to NPR 150,000 monthly. Senior-level CAs can earn even more. Large corporate firms, including prominent life insurance companies like Citizen Life Insurance, often pay at the higher end of these ranges and offer better overall compensation packages.

Career Growth: CAs in life insurance are on a clear path to senior leadership roles, such as Financial Controller or Chief Financial Officer (CFO), due to their core expertise in finance, compliance, and strategic planning.

Application Details

Eligible and interested candidates must submit their application materials to the Human Resources Department by the close of business on Mangsir 5, 2082.

Required Documents:

• Updated Resume
• Recent Photo
• Cover Letter
• Relevant Academic and Professional Documents

Submission Email: [email protected]

This vacancy underscores Citizen Life Insurance’s continued investment in human capital to support its aggressive growth strategy and maintain strong financial governance under the regulatory framework of the NIA.

For More: Citizen Life Insurance Vacancy