Are you looking to work in the insurance industry in India? Do you want to join one of the leading insurance companies in the country? Then you should consider applying for a job at the Oriental Insurance Company Ltd (OICL). In this article, we’ll take you through everything you need to know about the OICL recruitment process, including eligibility criteria, selection procedure, salary, and benefits. So, let’s get started!
Contents
- 1 Oriental Insurance Company Ltd (OICL) Recruitment
- 2 About Oriental Insurance Company Ltd (OICL)
- 3 Frequently Asked Questions (FAQs)
Oriental Insurance Company Ltd (OICL) Recruitment
Oriental Insurance Company Ltd (OICL) is one of the leading general insurance companies in India, providing a range of insurance products to its customers. If you’re interested in joining the company, it’s essential to understand the eligibility criteria, selection procedure, and salary and benefits offered. With the right preparation and approach, you can crack the OICL recruitment process and land your dream job in the insurance industry.
Latest Oriental Insurance Company Ltd (OICL) Vacancies
Administrative Officers (Scale-I) – 100 Posts
| Post Name | Administrative Officers (Scale-I) – 100 Posts |
| Qualification | ICAI/ICWAI/Degree/PG (Relevant Discipline) |
| Age Limit | 21-30 Years |
| Application Fee | For All Other Candidates : Rs.1000/- (Application Fee including intimation Charges)+GST For SC/ST/PwBD/Confirmed employees of Oriental Insurance Company : Rs.250/-( intimation Charges Only)+GST Payment Mode : Through Online |
| Advt No | – |
| Last Date | Apr 12, 2024 |
| Apply Online | Click Here to apply online |
| Notification | View Details |
OICL Recruitment: Eligibility Criteria
Before applying for any job at OICL, you must fulfill the eligibility criteria set by the company. The eligibility criteria may vary depending on the position you are applying for, but some of the common requirements are:
Age Limit
The minimum age limit for most of the positions is 18 years, and the maximum age limit is 30 years. However, age relaxation is provided for candidates belonging to reserved categories.
Educational Qualification
The educational qualification required for different positions may vary. However, candidates should have a minimum educational qualification of a Bachelor’s degree from a recognized university or institute.
Nationality
Only Indian citizens can apply for jobs at OICL.
Work Experience
Work experience is not mandatory for all positions. However, for some positions, candidates are required to have a minimum of two years of work experience in the relevant field.
OICL Recruitment: Selection Procedure
The selection procedure for OICL recruitment consists of the following stages:
Written Test
The first stage of the selection procedure is a written test. The written test consists of multiple-choice questions (MCQs) from subjects such as English language, reasoning, numerical ability, and general knowledge. The test is conducted online, and candidates are given a certain amount of time to complete it.
Interview
Candidates who clear the written test are called for an interview. The interview is conducted to assess the candidate’s personality, communication skills, and knowledge about the insurance industry.
Document Verification
After the interview, candidates who are selected are required to produce the original copies of their educational certificates, age proof, and other relevant documents for verification.
OICL Recruitment: Salary and Benefits
The salary and benefits offered by OICL vary depending on the position and level of experience of the candidate. However, as a government-owned insurance company, OICL offers competitive pay scales and benefits to its employees.
The salary for entry-level positions usually ranges from Rs. 23,000 to Rs. 46,000 per month. In addition to the basic pay, employees are also entitled to various allowances, such as Dearness Allowance (DA), House Rent Allowance (HRA), and Travel Allowance (TA).
OICL also provides other benefits to its employees, such as medical insurance, group life insurance, and a pension scheme. The company also offers opportunities for career growth and professional development.
How to Apply for OICL Recruitment
If you meet the eligibility criteria for a job at OICL, you can apply for the recruitment process by following these steps:
- Visit the official website of OICL (https://orientalinsurance.org.in/).
- Click on the “Careers” tab on the homepage.
- Select the position you want to apply for and click on the “Apply Online” button.
- Fill in the online application form with your personal details, educational qualifications, and work experience (if any).
- Upload scanned copies of your photograph and signature.
- Pay the application fee (if applicable).
- Submit the application form and take a printout for future reference.
Tips for Cracking the OICL Recruitment Process
The OICL recruitment process can be competitive, and it’s essential to be well-prepared to crack it. Here are some tips to help you succeed:
- Understand the job requirements and eligibility criteria thoroughly.
- Prepare well for the written test by practicing previous years’ question papers and mock tests.
- Brush up on your knowledge of the insurance industry and current affairs.
- Dress professionally and arrive on time for the interview.
- Be confident and articulate during the interview.
- Be prepared to answer questions about your educational qualifications, work experience (if any), and career aspirations.
- Stay positive and don’t get disheartened if you don’t get selected in the first attempt. Keep trying and improving your skills.
About Oriental Insurance Company Ltd (OICL)
Oriental Insurance Company Ltd (OICL) is a leading general insurance company in India, providing a range of insurance products to its customers. The company was established in 1947 and is headquartered in New Delhi. It is a subsidiary of the Oriental Government Security Life Assurance Company Ltd and is wholly owned by the Indian government.
OICL offers a wide range of insurance products, including motor, health, travel, home, and commercial insurance. The company has a strong presence in India, with over 1,800 offices and a network of more than 14,000 employees.
OICL offers various job opportunities to candidates interested in pursuing a career in the insurance industry. The company hires candidates for various positions, including administrative officers, assistants, and agents. The recruitment process for each position may differ, but candidates are generally required to meet certain eligibility criteria.
To apply for a job at OICL, candidates must first ensure that they meet the eligibility criteria. For most positions, candidates must have a bachelor’s degree in any discipline from a recognized university. They must also meet the age limit criteria, which is usually between 18 to 30 years, depending on the position.
The selection procedure for OICL recruitment usually consists of a written test, an interview, and document verification. The written test assesses the candidate’s knowledge of the insurance industry, general knowledge, and reasoning abilities. Candidates who clear the written test are then invited for an interview, where they are assessed for their communication skills, personality, and knowledge of the job. Candidates who clear the interview are then subjected to document verification, where their educational qualifications, work experience, and other documents are verified.
The salary and benefits offered by OICL vary depending on the position and level of experience of the candidate. However, as a government-owned insurance company, OICL offers competitive pay scales and benefits to its employees. In addition to the basic pay, employees are also entitled to various allowances, such as Dearness Allowance (DA), House Rent Allowance (HRA), and Travel Allowance (TA). OICL also provides other benefits to its employees, such as medical insurance, group life insurance, and a pension scheme.
Frequently Asked Questions (FAQs)
The minimum age limit is 18 years for most positions.
The selection procedure consists of a written test, interview, and document verification.
The salary range is usually between Rs. 23,000 to Rs. 46,000 per month.
Yes, OICL offers various benefits such as medical insurance, group life insurance, and a pension scheme.
Yes, you can apply for multiple positions, provided you meet the eligibility criteria for each position.