Introduction
Becoming a licensed insurance surveyor in Pakistan is a professionally regulated process overseen by the Securities and Exchange Commission of Pakistan (SECP). As part of its mandate to ensure transparency and professionalism in the insurance sector, the SECP lays out clear criteria and procedural requirements for individuals seeking this designation.
An insurance surveyor plays a key role in assessing risks, evaluating insurance claims, and offering expert opinions in matters related to insurance policies. This article provides a step-by-step breakdown of how to obtain an insurance surveyor license in Pakistan in 2025.
Step 1: Meet the Educational Requirements
To qualify for the insurance surveyor licensing process, the applicant must hold a minimum of a bachelor’s degree from a recognized university. Preferred fields of education include:
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Engineering (Civil, Mechanical, Electrical, etc.)
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Statistics and Mathematics
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Finance or Actuarial Sciences
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Risk Management or Business Administration
Applicants with professional certifications like ACII, FCII, or actuarial credentials may gain preference. The academic background must support analytical, investigative, and financial assessment capabilities.
Step 2: Professional Training and Relevant Experience
Candidates must gain practical exposure in the insurance or risk assessment industry before applying for a license. This can be accomplished by:
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Working under a licensed insurance surveyor
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Gaining relevant experience with an insurance company, loss adjuster, or claims department
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Participating in internship programs with SECP-registered surveyor firms
During this phase, trainees acquire knowledge in:
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Risk evaluation techniques
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Insurance product knowledge
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Claim verification and documentation
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Report writing and legal compliance
Proof of experience (letters of employment, internship certificates, etc.) will be required at the time of application.
Step 3: Register with SECP
Once educational and experiential prerequisites are met, the applicant must initiate registration with the SECP. The registration process involves:
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Creating an account on the SECP eServices Portal
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Filling the Insurance Surveyor License Application Form
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Uploading documents, including:
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Academic transcripts and certificates
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Evidence of practical training or employment
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Valid CNIC/NICOP
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Police clearance or background check
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Passport-size photograph
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Paying the prescribed processing fee (as per the updated SECP fee schedule)
SECP may request additional information if necessary before proceeding to the examination stage.
Step 4: Pass the Licensing Examination
After successful registration, the SECP requires applicants to pass a mandatory licensing exam that evaluates:
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Knowledge of Pakistan’s Insurance Ordinance, 2000 and related regulations
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Principles of risk analysis and underwriting
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Claim assessment methodologies
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Survey reporting formats and ethical standards
The examination may be conducted directly by SECP or a designated institution like the Pakistan Insurance Institute (PII).
Passing this exam is essential before progressing to final licensing.
Step 5: Apply for Issuance of Insurance Surveyor License
Upon passing the exam, candidates must submit a formal application for license issuance. This includes:
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Copy of the exam results
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Updated application form via the SECP portal
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Affidavit of compliance with SECP’s Code of Conduct
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Fee payment receipt for the final licensing fee
If all submissions are complete and in order, the SECP will issue a Surveyor License Certificate, allowing the individual to legally operate as a licensed insurance surveyor in Pakistan.
Step 6: Continuing Professional Development (CPD)
To maintain active licensure, all insurance surveyors must fulfill annual CPD requirements mandated by SECP. These include:
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Participating in SECP-approved workshops or training programs
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Completing refresher courses from institutions like PII or ICAP
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Staying updated on new insurance products, regulatory changes, and survey techniques
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Submitting proof of CPD compliance during license renewal
Failure to comply with CPD requirements may result in license suspension or revocation.
Conclusion
Obtaining an insurance surveyor license in Pakistan is a comprehensive process involving education, experience, examination, and ongoing professional development, all regulated under the SECP’s supervision.
This structured process ensures that only qualified and competent individuals assess claims and risks on behalf of insurers, thereby upholding the credibility and transparency of the insurance ecosystem.
At Sterling.pk, we offer consultancy, documentation assistance, and exam preparation support for professionals seeking licensing under SECP. Whether you are a fresh graduate or an industry veteran, we can help you successfully navigate the SECP licensing framework.
