OICL Actuarial Apprentice Recruitment 2026 Out: Check Eligibility, Stipend & How to Apply

The Oriental Insurance Company Limited (OICL) has released a notification to hire Actuarial Apprentices on a contractual basis. The OICL Actuarial Apprentice Recruitment 2026 is for students pursuing actuarial studies who want to become actuaries.

There are 15 vacancies. Selected candidates will receive a monthly stipend of ₹35,000 during an 11-month apprenticeship at OICL’s Corporate Office in New Delhi. The last date to send the scanned application is 13 October 2026. Read on for the complete details.

OICL Actuarial Apprentice Notification 2026 Out

The notification covers vacancies, eligibility, stipend, service conditions and the application process. The application form, Interview Data Sheet and instructions are attached to the notice. Candidates can find them in the Careers section of the official website, orientalinsurance.org.in.

Key update: Send the scanned application to recruitment@orientalinsurance.co.in by 13 October 2026. The hard copy must reach the Corporate Office by 16 October 2026.

OICL Actuarial Apprentice Recruitment 2026 Overview

ParticularsDetails
OrganisationThe Oriental Insurance Company Limited (OICL)
Post NameActuarial Apprentice
Engagement TypeContractual (11 months)
Total Vacancies15
Monthly Stipend₹35,000
QualificationGraduate + minimum 4 actuarial papers passed
Age Limit21 to 30 years (as on 01.09.2026)
Selection ProcessPersonal Interview
Job LocationCorporate Office, New Delhi
Application ModeScanned copy by email + hard copy by post
Last Date (Email)13 October 2026
Last Date (Hard Copy)16 October 2026
Official Websiteorientalinsurance.org.in

OICL Actuarial Apprentice Recruitment 2026 Vacancy

A total of 15 vacancies are available, and reservations follow Government of India guidelines. The category-wise breakup is given below.

CategoryVacancies
UR7
SC2
ST1
OBC4
EWS1
Total15
PwBD (Horizontal)1 (OC)

OICL Actuarial Apprentice Recruitment 2026 Eligibility Criteria

Candidates should check the eligibility conditions carefully before applying. Qualifications are counted as on 01.09.2026.

CriteriaRequirement
Essential QualificationGraduate + passed at least 4 actuarial papers (excluding CB3) of IAI/IFoA
Desirable SkillsProficiency in R, Python or SQL
Age Limit21 to 30 years

Educational Qualification

Candidates must be graduates and must have passed at least four actuarial papers of the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries (IFoA). The CB3 paper does not count toward these four. Knowledge of R, Python or SQL gives candidates an added advantage.

Age Limit

The minimum age for the OICL Actuarial Apprentice Recruitment 2026 is 21 years and the maximum is 30 years as on 01.09.2026. Reserved categories get relaxation as per government norms.

CategoryUpper Age Limit
General / EWS30 years
OBC33 years
SC / ST35 years
PwBD40 years

How to Apply for OICL Actuarial Apprentice Recruitment 2026?

This is not a fully online application. Candidates must send a scanned copy by email and a hard copy by post. Follow these steps.

Step 1: Visit the Careers section of the official OICL website, orientalinsurance.org.in, and read the full advertisement.

Step 2: Download the application form and fill in all the details carefully.

Step 3: Affix a recent photograph and sign the form as per the given specifications.

Step 4: Email a scanned copy of the completed application to recruitment@orientalinsurance.co.in on or before 13 October 2026.

Step 5: Send the hard copy by post so that it reaches the following address by 16 October 2026:

Dy. General Manager (HR)
The Oriental Insurance Company Limited, Corporate Office,
Block-IV, Plate-I, NBCC Office Complex,
Kidwai Nagar East, New Delhi – 110023

If the hard copy does not arrive by 16 October 2026, the application will not be considered. Keep your email ID and mobile number active until the selection process is complete.

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OICL Actuarial Apprentice Recruitment 2026 Selection Process

There is no written exam for this recruitment. Selection happens in a single stage.

Personal Interview: All eligible candidates will be called for a personal interview before an interview panel. Selection depends entirely on interview performance, and the company will decide the qualifying marks. Interview details will be shared through the company website or by email.

Selected candidates will be posted at the Corporate Office in Delhi.

OICL Actuarial Apprentice Recruitment 2026 Stipend

Selected apprentices will receive a fixed monthly stipend of ₹35,000. No deductions will be made for PF, mediclaim or other employee benefits. Apprentices are also not entitled to the allowances given to regular employees.

ParticularsDetails
Monthly Stipend₹35,000
Duration11 months
Notice Period1 month
Leave1 day per month (unused leave carries forward)
OvertimeNot applicable

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FAQs

How many vacancies are there in OICL Actuarial Apprentice Recruitment 2026?
There are 15 vacancies: UR 7, SC 2, ST 1, OBC 4 and EWS 1, plus 1 horizontal PwBD seat.

What is the last date for OICL Actuarial Apprentice Recruitment 2026?
The scanned application must be emailed by 13 October 2026, and the hard copy must reach the Corporate Office by 16 October 2026.

What is the stipend in OICL Actuarial Apprentice Recruitment 2026?
Selected candidates will get ₹35,000 per month for 11 months.

Is there a written exam for this recruitment?
No. Selection is based only on a personal interview.

Will the apprentices get a permanent job at OICL?
No. The apprenticeship is purely contractual and does not guarantee absorption or any preference in future recruitment.

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