Last updated: October 2, 2026 at 3:49 PM
The Oriental Insurance Company Limited (OICL), a Government of India insurance company, is taking 15 Actuarial Apprentices for its Corporate Office in New Delhi. If you are a graduate who has already cleared at least four actuarial papers with IAI or IFoA, this is an 11-month paid apprenticeship with a stipend of Rs. 35,000 a month, and selection is through a personal interview only. Applications are offline: email a scanned copy by 13.10.2026 and make sure the signed hard copy reaches the Corporate Office by 16.10.2026.
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OICL Actuarial Apprentice Recruitment 2026 – Overview
| Post Name | Actuarial Apprentice (contractual, 11 months) |
| Organization | The Oriental Insurance Company Limited (OICL), a Govt. of India Undertaking – Corporate Office, New Delhi |
| Notification / Advertisement No. | Not specified in notification |
| Location | New Delhi, Delhi (NCT) – Corporate Office, Kidwai Nagar East |
| Total Vacancies | 15 (UR 7, OBC 4, SC 2, ST 1, EWS 1; includes 1 PwBD horizontal) |
| Qualification | Graduate + minimum 4 actuarial papers (excluding CB3) of IAI / IFoA |
| Age Limit | 21 to 30 years as on 01.09.2026 (relaxation as per Govt. norms) Check your age eligibility → |
| Selection Process | Personal Interview → Document verification → Engagement |
| Stipend | Rs. 35,000 per month (fixed) |
| How to Apply | Offline – email a scanned copy, then post the hard copy to the Corporate Office |
| Official Notification | Download Notification PDF |
| Official Website | orientalinsurance.org.in (Careers) |
Important Dates
| Event | Date |
|---|---|
| Notification released | Not specified in notification (date left blank on the notice) |
| Cut-off date for qualification and age | 01.09.2026 |
| Last date to email the scanned (advance) application | 13.10.2026 |
| Last date for the hard copy to reach the Corporate Office | 16.10.2026 |
| Personal Interview | To be informed on the OICL website and/or by email |
Application Fee
| Category | Fee |
|---|---|
| All categories | Not specified in notification (no fee is mentioned in the advertisement) |
Vacancy Details
| Category | Vacancies |
|---|---|
| UR (General) | 7 |
| OBC | 4 |
| SC | 2 |
| ST | 1 |
| EWS | 1 |
| Total | 15 |
| PwBD (horizontal, within the above) | 1 (OC) |
Eligibility Criteria
| Criterion | Detail |
|---|---|
| Educational Qualification (Necessary) | Graduate, as on 01.09.2026 |
| Actuarial Papers (Necessary) | Passed at least 4 actuarial papers (excluding CB3) of the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries, UK (IFoA), as per curriculum 2019 |
| Desirable Skills | Proficiency in R / Python / SQL |
| Age Limit | Minimum 21 years and maximum 30 years as on 01.09.2026 Check your age eligibility → |
| Contact Details | A valid personal email ID and mobile number, kept active till the selection process ends |
| Category | Upper Age Limit (after relaxation) |
|---|---|
| UR / EWS | 30 years |
| OBC | Up to 33 years |
| SC / ST | Up to 35 years |
| PwBD | Up to 40 years |
Selection Process
| Stage | Details |
|---|---|
| 1. Scrutiny of applications | Applications (scanned copy by 13.10.2026 plus hard copy by 16.10.2026) are checked for eligibility. There is no written exam. |
| 2. Personal Interview | All eligible candidates appear before an Interview Panel. Selection is based only on interview performance, and the qualifying marks are decided by the Company. Interview date and modalities will be shared on the OICL website and/or by email. |
| 3. Document Verification (at the interview) | Bring original certificates plus self-attested copies, and submit the Interview Data Sheet signed in quadruplicate to the officer in charge of the interview. |
| 4. Engagement | Selected candidates join as Actuarial Apprentices at the Corporate Office, New Delhi, for 11 months. |
Salary and Benefits
| Component | Detail |
|---|---|
| Monthly Stipend | Rs. 35,000 per month |
| Duration | 11 months, on contractual basis |
| Leave | 1 day of leave per month (credited at the start of the next month, can be carried forward); no stipend cut for this leave, pro-rata cut for any other absence |
| Holidays | Holidays as observed by the Company |
| Deductions | No PF, Staff Mediclaim or similar deductions from the stipend |
| Other Benefits | No employee benefits, allowances or overtime allowance |
| Certificate | Apprenticeship Certificate on completion, subject to satisfactory performance |
| Notice Period | 1 month |
| Status | Trainee, not an employee – no absorption or preference in any future OICL recruitment |
How to Apply
This is an offline application, so you need to send your form twice – once by email as a scan, and once as a physical hard copy by post. Here is how to do it:
- Open the Careers page of the OICL website and download the advertisement and the Application Form format.
- Print the form, fill in every detail, paste your photograph (attested by a Gazetted Officer) and sign it.
- Attach self-certified photocopies of all relevant documents and certificates.
- Email the scanned copy of the complete application to recruitment@orientalinsurance.co.in on or before 13.10.2026.
- Send the hard copy to: Dy General Manager (HR), The Oriental Insurance Company Limited, Corporate Office, Block-IV, Plate-I, NBCC Office Complex, Kidwai Nagar East, New Delhi-110023, so that it reaches on or before 16.10.2026.
Note: If the hard copy does not reach the Corporate Office by 16.10.2026, your candidature will not be considered, even if you emailed the scan on time.
Documents Required
| Document | Format / Notes |
|---|---|
| Application Form | Filled in the prescribed OICL format, signed by the candidate |
| Photograph | Pasted on the form and attested by a Gazetted Officer |
| Date of Birth proof | Birth certificate, School Leaving Certificate, or Class 10 / equivalent certificate |
| Graduation / Post Graduation certificates and mark sheets | Include CGPA-to-percentage conversion documents from the university, if applicable |
| Actuarial exam pass proof | Proof of passing the required IAI / IFoA papers |
| Professional / other qualification certificates | If any |
| Experience certificates | If you have worked anywhere, with supporting evidence |
| Category certificate | SC / ST / OBC / EWS (Income and Asset) / PwBD / Ex-Servicemen, in the prescribed format |
| No Objection Certificate (NOC) | From your present employer, needed at the interview if you are working |
| Photo ID proof | Aadhaar / Driving Licence / Voter ID / Passport, needed at the interview |
Self-certified photocopies go with the application. At the interview, carry the originals along with attested copies, as listed in OICL’s “Instructions to Candidates Called for Interview”.
Important Links
| Download Official Notification (PDF) | Download Notification PDF |
| Download Application Form (PDF) | Download Application Form |
| Interview Data Sheet (PDF) | Download Interview Data Sheet |
| Instructions to Candidates (PDF) | Download Instructions |
| Official Website (Careers) | Visit OICL Careers Page |
| Join Telegram Channel | Join Telegram Channel |
| Join WhatsApp Channel | Join WhatsApp Channel |
Common Mistakes to Avoid
- Do not stop at the email – the hard copy must also physically reach New Delhi by 16.10.2026, so post it early by Speed Post.
- Do not count CB3 among your four actuarial papers; it is specifically excluded.
- Get your photograph attested by a Gazetted Officer before you scan and send the form.
- Make sure the date of birth in your form matches your certificate exactly, or your candidature can be rejected.
- Keep your email ID and mobile number active, because interview details will only come by email or on the OICL website.
- Do not treat this as a permanent job – the apprenticeship gives no right to absorption or preference in future OICL recruitment.
Frequently Asked Questions
Q. What is the last date to apply for the OICL Actuarial Apprentice posts?
You need to email the scanned application by 13.10.2026, and the hard copy must reach the Corporate Office in New Delhi by 16.10.2026.
Q. How many vacancies are there?
There are 15 posts in all – 7 UR, 4 OBC, 2 SC, 1 ST and 1 EWS – with 1 post reserved for PwBD horizontally.
Q. What qualification do I need?
You must be a graduate and have passed at least 4 actuarial papers (not counting CB3) of IAI or IFoA as on 01.09.2026, and R/Python/SQL skills are a plus.
Q. What is the age limit?
You must be between 21 and 30 years old on 01.09.2026, with the upper limit going up to 33 for OBC, 35 for SC/ST and 40 for PwBD candidates.
Q. How much stipend will I get?
Selected apprentices get a fixed stipend of Rs. 35,000 per month for the 11-month apprenticeship, with no PF or Mediclaim deductions.
Q. Is there a written exam?
No, selection is purely on the basis of a personal interview, and the Company decides the qualifying marks.
Q. Where will I be posted?
All selected apprentices will work at the OICL Corporate Office in Kidwai Nagar East, New Delhi.
Q. Will this apprenticeship lead to a permanent job at OICL?
No, the notification clearly says apprentices are not employees and will not be absorbed or given any preference in future OICL recruitment.
Disclaimer: The information above has been compiled from the official notification for the convenience of job seekers. Candidates are advised to verify all details from the official website before applying.
