OICL Actuarial Apprentices Recruitment 2026 – Apply for 15 Posts

1. Post Date / Last Update

• Post Date: 28 October 2026
• Last Update: 28 October 2026, 11:13 AM
• Update: The last date to apply has been extended to 6 November 2026.

2. Short Information

The Oriental Insurance Company Limited (OICL), a Government of India Undertaking, has announced recruitment for 15 Actuarial Apprentice posts on a contractual apprenticeship basis. The opportunity is intended for graduates pursuing actuarial studies and seeking professional development in the actuarial field.

Eligible candidates must hold a graduate degree and have passed at least four actuarial papers, excluding CB3, from the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries (IFoA).

Selected candidates will receive a monthly stipend of ₹35,000 and undergo an 11-month apprenticeship at OICL's Corporate Office in New Delhi. Selection will involve shortlisting and a personal interview.

The extended deadline for applications is 6 November 2026. Candidates should review the eligibility conditions and application instructions before submitting their forms.

3. OICL Actuarial Apprentices Recruitment 2026 – Key Details

• Organisation: The Oriental Insurance Company Limited (OICL)
• Organisation Type: Government of India Undertaking
• Recruitment Name: OICL Actuarial Apprentices Recruitment 2026
• Job Category: Apprenticeship / Actuarial Training
• Job Designation: Actuarial Apprentice
• Total Vacancies: 15
• Engagement Type: Contractual apprenticeship
• Educational Qualification: Graduate degree with at least four actuarial papers passed, excluding CB3
• Maximum Age: 30 years for General candidates, subject to applicable relaxation
• Minimum Age: 21 years as on 1 September 2026
• Monthly Stipend: ₹35,000
• Apprenticeship Duration: 11 months
• Job Location: OICL Corporate Office, New Delhi
• Application Mode: Application form submission by email and hard copy, according to the supplied instructions
• Last Date to Apply: 6 November 2026
• Selection Process: Shortlisting and personal interview
• Application Fee: Not specified in the supplied information

4. Vacancy Details

OICL has announced 15 Actuarial Apprentice vacancies with the following category-wise distribution:

• Unreserved (UR): 7 posts
• Scheduled Caste (SC): 2 posts
• Scheduled Tribe (ST): 1 post
• Other Backward Classes (OBC): 4 posts
• Economically Weaker Section (EWS): 1 post
• Persons with Benchmark Disabilities (PwBD): 1 horizontal reservation, listed for OC candidates
• Total Vacancies: 15

The PwBD vacancy is identified as a horizontal reservation in the supplied information and should not be added again to the total of 15 posts.

5. Educational Qualification and Experience

Educational Qualification

Candidates must meet both of the following requirements:

• Possess a graduate degree.
• Have passed a minimum of four actuarial papers, excluding CB3, from either:
  • Institute of Actuaries of India (IAI), or
  • Institute and Faculty of Actuaries (IFoA).

Desirable Qualification

The following technical skills are desirable:

• Proficiency in R
• Python programming
• SQL

Required Experience

• No specific minimum work experience requirement is stated in the supplied recruitment information.

Candidates should check the official notification for any additional qualification or eligibility conditions.

6. Age Limit

The minimum age must be 21 years as on 1 September 2026. The maximum age and relaxation limits listed in the supplied information are:

• General Candidates: Up to 30 years
• OBC Candidates: Up to 33 years
• SC/ST Candidates: Up to 35 years
• PwBD Candidates: Up to 40 years

Age relaxation is stated to be applicable according to Government norms.

Candidates should refer to the official notification for the exact eligibility rules and any applicable category-wise conditions.

7. Application Fee

• Application Fee: Not specified in the supplied recruitment information.

Candidates should consult the official notification for confirmation of any application fee or payment-related requirements.

8. Salary / Pay Scale

• Monthly Stipend: ₹35,000
• Engagement Type: Contractual apprenticeship
• Apprenticeship Duration: 11 months
• Training Location: OICL Corporate Office, New Delhi

The stipend is payable during the apprenticeship period, subject to the applicable engagement terms.

Apprenticeship Conditions

• Apprentices will be treated as trainees, not as employees or workers of the company.
• Completion of the apprenticeship does not guarantee future employment at OICL.
• Apprenticeship completion does not provide preference or entitlement in future recruitment.
• Apprentices will not receive benefits applicable to regular employees.
• No deductions towards Provident Fund, Staff Mediclaim or similar employee benefits will be made from the stipend, according to the supplied information.
• Apprentices are entitled to one day's leave per month with prior permission.
• No overtime allowance will be provided.
• An Apprenticeship Certificate will be awarded after satisfactory completion of training.

9. Selection Process

The selection process consists of the following stages:

• Shortlisting: Eligible candidates will be shortlisted.
• Personal Interview: Shortlisted candidates will appear before the Interview Panel.
• Final Selection: Based on interview performance.

The qualifying marks for the personal interview will be decided by OICL. Interview details will be communicated through the company website and/or email.

Candidates should keep their registered email address and mobile number active throughout the recruitment process.

10. Important Dates

• Original Last Date for Advance Scanned Application: 13 October 2026
• Original Last Date for Receipt of Hard Copy Application: 16 October 2026
• Extended Last Date to Apply: 6 November 2026
• Interview Date: Not specified in the supplied information

The supplied update states that the application deadline has been extended to 6 November 2026. Candidates should follow the latest official instructions for submission requirements and deadlines.

11. How to Apply

Candidates interested in OICL Actuarial Apprentices Recruitment 2026 should follow these steps:

1. Visit the official OICL website and open the Careers section.
2. Locate the Actuarial Apprentice recruitment notification.
3. Download the prescribed application form.
4. Fill in all required personal, educational and actuarial examination details.
5. Attach a recent passport-size photograph and other documents required by the notification.
6. Sign the application form as instructed.
7. Send a scanned copy of the completed application to recruitment@orientalinsurance.co.in.
8. Send the hard copy of the application to the prescribed postal address, following the latest official instructions.
9. Ensure the application is submitted by 6 November 2026.
10. Keep copies of the application and submission proof for future reference.

Important: The supplied information describes both email and hard-copy submission. It also lists earlier deadlines for these two submission methods and a later extended deadline of 6 November 2026. Candidates should confirm the currently applicable submission requirements in the official extension notice.

Postal Address

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

12. Documents Required

Candidates should prepare the following documents for verification, as applicable:

• Date of birth certificate or Matriculation certificate
• Graduation and postgraduate certificates, where applicable
• Educational mark sheets
• CGPA conversion documents, if applicable
• Professional qualification certificates
• Proof of passing the required actuarial examination papers
• Experience certificate or supporting documents, if applicable
• Caste certificate for SC/ST/OBC candidates, as applicable
• EWS certificate, where applicable
• PwBD certificate, where applicable
• Ex-Servicemen certificate, where applicable
• No Objection Certificate (NOC) from the current employer, if applicable
• Photo identity proof, such as Aadhaar Card, Driving Licence, Voter ID or Passport

Candidates called for interview must bring original certificates and self-attested copies of the required documents.

Document instruction: The supplied information states that original certificates should not be attached to the Interview Data Sheet. Only self-attested copies should be submitted with it; originals are required for verification.

13. Important Instructions

• Verify that you meet the minimum age and educational qualification requirements before applying.
• Ensure that at least four eligible actuarial papers have been passed, excluding CB3.
• Provide accurate information in the application form and Interview Data Sheet.
• Incomplete information may lead to rejection.
• Candidates claiming SC/ST/OBC/EWS/PwBD/Ex-Servicemen benefits must produce valid certificates in the prescribed format.
• Original documents must be available for verification when required.
• Incorrect information may result in cancellation of candidature.
• Keep your registered email address and mobile number active throughout the selection process.
• Confirm the extended deadline and the applicable email and hard-copy submission requirements from the official notice.
• Remember that the apprenticeship does not guarantee permanent employment at OICL.

14. Official Website / Apply Link

• Official Website: orientalinsurance.org.in
• Recruitment Section: Visit the Careers section of the official OICL website.
• Application Email: recruitment@orientalinsurance.co.in
• Postal Submission Address: Dy. General Manager (HR), The Oriental Insurance Company Limited, Corporate Office, Block-IV, Plate-I, NBCC Office Complex, Kidwai Nagar East, New Delhi – 110023.
• Official Extension Notice: The supplied information refers to an extension notice but does not include its direct URL.

Candidates should obtain the prescribed application form and verify the latest submission instructions through OICL's official website.

15. Conclusion

OICL Actuarial Apprentices Recruitment 2026 offers 15 apprenticeship vacancies for graduates who have passed at least four actuarial papers, excluding CB3, from IAI or IFoA. Selected candidates will receive a monthly stipend of ₹35,000 during the 11-month training period at the company's Corporate Office in New Delhi.

The selection process includes shortlisting and a personal interview. The application deadline has been extended to 6 November 2026. Candidates should review the official notification, prepare the required documents and confirm the latest email and hard-copy submission instructions before applying.

Original Last Date for Advance Scanned Application: 13 October 2026

Original Last Date for Receipt of Hard Copy Application: 16 October 2026

Extended Last Date to Apply: 6 November 2026

Interview Date: Not specified in the supplied information

Date of birth certificate or Matriculation certificate

Graduation and postgraduate certificates, where applicable

Educational mark sheets

CGPA conversion documents, if applicable

Professional qualification certificates

Proof of passing the required actuarial examination papers

Experience certificate or supporting documents, if applicable

Caste certificate for SC/ST/OBC candidates, as applicable

EWS certificate, where applicable

PwBD certificate, where applicable

Ex-Servicemen certificate, where applicable

No Objection Certificate (NOC) from the current employer, if applicable

Photo identity proof, such as Aadhaar Card, Driving Licence, Voter ID or Passport

Candidates interested in OICL Actuarial Apprentices Recruitment 2026 should follow these steps:

Visit the official OICL website and open the Careers section.

Locate the Actuarial Apprentice recruitment notification.

Download the prescribed application form.

Fill in all required personal, educational and actuarial examination details.

Attach a recent passport-size photograph and other documents required by the notification.

Sign the application form as instructed.

Send a scanned copy of the completed application to recruitment@orientalinsurance.co.in.

Send the hard copy of the application to the prescribed postal address, following the latest official instructions.

Ensure the application is submitted by 6 November 2026.

Keep copies of the application and submission proof for future reference.