OICL Recruitment 2026: 15 Actuarial Apprentice Posts – Apply Offline @ oicl.co.in

Post-Wise Vacancy & Stipend Details

Note: One vacancy is also reserved horizontally for PwBD (OC) candidates within the total count.

Eligibility Criteria & Educational Qualification

• Educational Qualification: Candidates must possess a Graduate degree.
• Technical Qualification: Must have passed a minimum of 4 Actuarial Papers (excluding CB3) from the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries (IFoA).
• Desirable Skills: Proficiency in R, Python, or SQL.
• Age Limit: Minimum 21 years and maximum 30 years as on 01 September 2026. Age relaxation is applicable for OBC (33 years), SC/ST (35 years), and PwBD (40 years) candidates as per Government norms.

Selection Process & Service Conditions

1. Shortlisting: Based on eligibility and actuarial paper clearance.
2. Interview: Personal Interview before the Interview Panel. Qualifying marks are decided by the Company.
3. TA/DA: No TA/DA will be paid for appearing in the interview.
4. Service Conditions: Engagement is strictly contractual for 11 months. Apprentices are considered trainees and not employees. No PF or Medical benefits apply. Apprenticeship certificate will be issued upon satisfactory completion.

How to Apply (Offline Mode)

1. Download the prescribed application form from the Official OICL Actuarial Apprentice Application Format PDF.
2. Fill in all required details and attach a passport-size photograph.
3. Email the scanned copy to [email protected] before 06 November 2026.
4. Send the signed hard copy to the address below:
   Dy. General Manager (HR), The Oriental Insurance Company Limited, Corporate Office, Block-IV, Plate-I, NBCC Office Complex, Kidwai Nagar East, New Delhi-110023.

Required Documents for Verification

• Date of Birth and Matriculation Certificate.
• Degree Certificates, Mark Sheets, and Actuarial Exam Pass Certificates.
• Valid Caste/EWS/PwBD Certificates (if applicable).
• Photo ID Proof (Aadhaar/Passport/Voter ID).

Frequently Asked Questions

What is the last date to apply for the OICL Actuarial Apprentice post?

The last date for receipt of the hard copy application and online scan is 06 November 2026.

What is the salary for the Actuarial Apprentice at Oriental Insurance?

The selected candidates will receive a monthly stipend of Rs. 35,000.

Is this a permanent government job?

No. This is a contractual apprenticeship for a period of 11 months. It does not guarantee future employment with OICL.

Is there an application fee?

No. There is no application fee for this recruitment.

How do I submit the application?

The application must be submitted via email and physically by post to the Corporate Office in New Delhi.

What is the age limit?

Candidates must be between 21 and 30 years as on 01 September 2026, with relaxation for reserved categories.