OICL AO Recruitment has been published for various 100 Officers in Scale I cadre from open market. There is various post like Accounts, Actuarial, Engineering, Engineering (IT), Medical Officer, Legal. All these posts are vacant. OICL AO Recruitment is central government jobs. The Oriental Insurance Company Limited, a leading Public Sector General Insurance Company & wholly owned by Government of India.
Name of Post for OICL AO Recruitment
- Accounts
- Actuarial
- Engineering
- Engineering (IT)
- Medical Officer
- Legal
Number of Vacancy for OICL AO Recruitment
Name of Post | Number of Vacancies |
Accounts | 20 |
Actuarial | 05 |
Engineering | 15 |
Engineering (IT) | 20 |
Medical Officer | 20 |
Legal | 20 |
Total Vacancies | 100 |
Education Qualification for OICL AO Recruitment
- Accounts:
B. Com with min 60% (55% for SC /ST) from a recognized University.
Or
MBA (Finance) from a recognized University.
Or
Chartered Accountants From ICAI
Or
Cost and Management Accountant from The Institute of Cost Accountants of India earlier known as Cost and Works Accountants (ICWAI)
- Actuarial:
Bachelor degree in Statistics / Mathematics / Actuarial Science with 60% marks (55% for SC/ST category) from a recognized University.
Or
Master degree in Statistics / Mathematics / Actuarial Science or any other quantitative discipline from a recognized University.
Or
Bachelor degree from a recognized University with passing / credit of minimum 4 papers from Indian Institute of Actuarial of India / Institute and Faculty of Actuaries, UK. Out of mandatory minimum 4 papers passed / credit, the candidate should compulsorily have passed following two papers
- CS2 (Risk Modelling and Survival Analysis).
- CM2 (Financial Engineering and Loss Reserving)
- Engineers (IT):
B.E./B.Tech in Information Technology /Computer Science/Electronics & Communication (ECE) Discipline with min 60% (55% for SC/ST) from a recognized University
Or
M.E/M.Tech in Information Technology/Computer Science/Electronics & Communication (ECE) Discipline from a recognized University
Or
MCA with min 60% (55% for SC/ST) from a recognized University
- Engineers
Automobile /Mechanical / Electrical/ Civil/Chemical / Power/Industrial/Instrumentation Engineering with min 60% (55% for SC/ST) from B.E/B.Tech in a recognized university.
Or
ME/M.Tech in Automobile /Mechanical/Electrical/Civil/Chemical
Power/Industrial/Instrumentation Engineering from a recognized university.
- Doctors (Medical Officers)
M.B.B.S/BDS From a recognized University
Or equivalent foreign degrees which are recognized as such by the National medical Commission (Formerly Medical Council of India), Dental Council of India, National Commission for Indian System of Medicine, (as applicable) with the prescribed benchmark.
Furthermore, the candidate must be holding a valid registration from National
Medical Commission (Formerly Medical Council of India) or Dental Council of India or any State Medical or Dental Council (as applicable for Allopathy or Dental Stream respectively); and National/State Commission for Indian System of Medicine as on the date of his/her scheduled interview.
- Legal
Graduate in law with min 60% (55% for SC/ST) from a recognized university.
Pay Scale for OICL AO Recruitment
Emoluments & Benefits
Basic pay of Rs.50925/- in the scale of Rs.50925-2500(14)-85925-2710(4)-96765 and other admissible allowance as applicable. At present total emoluments will be approximately Rs.85000/- p.m. in Metropolitan Centers. Other benefits such as Pension under New Pension system governed by PFRDA, Gratuity, LTS, Medical Benefits, Group Personal Accident Insurance etc. shall be as per rules. The Officers are also entitled for Company’s/leased accommodation as per norms.
Age Limit for OICL AO Recruitment
- Minimum Age: 21 years
- Maximum Age: 30 years, as on 31/12/2023
Relaxation in upper age limit shall be as follows:
Category | Age Relaxation |
Scheduled Caste/Scheduled Tribe | 5 years |
Other Backward Classes (Non creamy layer) | 3 years |
Persons With Benchmark Disability as defined under “The Right of Persons with Disabilities Act 2016 | 10 years |
Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOS)/ Short Service Commissioned Officers (SSCO s) who have rendered at least 5 years military service as on 31.12.2023 and have been released; (a) on completion of assignment (including those whose assignment is due to be completed within one year from 31.12.2023) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency; or (b) on account of physical disability attributable to Military Service; or (c) on invalidment. The ECOS/SSCOS who have completed an initial period of assignment of five years of Military Service as on 31.12.2023 and whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues a certificate that they can apply for civil employment and that they will be released on three months’ notice on selection from the date of receipt of offer of appointment. | 5 years |
Defence service personnel disabled in operation during the hostilities with any foreign country or in a disturbed area and released as consequence thereof | 3 years |
Widows, Divorced women and women legally separated from their Husbands, who have not remarried. | 9 years |
Existing Confirmed Employees of Public Sector General Insurance Companies (including GIC Re & Agriculture Insurance Company of India Ltd.) | 8 years |
Application Fee for OICL AO Recruitment
SC/ST/ Persons with Benchmark Disability (PwBD)/ Confirmed employees of Oriental Insurance Company | Rs. 250/- (Intimation charges only) + GST as applicable |
All Candidates other than SC/ST/PwBD/Confirmed employees of Oriental Insurance Company | Rs. 1000/- (Application fee including Intimation charges) + GST as applicable. |
Selection Procedure for OICL AO Recruitment
- Preliminary Examination
- Main Examination
- Interview
- Final Selection
Apply Online Date for OICL AO Recruitment
Online Registration Commences from / Payment of fees | 21/03/2024 |
Last Date for Online Registration / Payment of fees | 12/04/2024 |
Dates of online Examination | Tentatively in May / June 2024 |
How TO APPLY for OICL AO Recruitment?
Detailed Guidelines/Procedures for:
- Application Registration
- Payment of Fees
- Photograph & Signature Scan and Upload
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