OICL Actuarial Apprentice Recruitment 2026

The Oriental Insurance Company Limited (OICL), a Government of India undertaking based in New Delhi, has announced recruitment for Actuarial Apprentices on a contractual basis. The opportunity is intended for aspiring actuaries pursuing actuarial studies who meet the graduate and actuarial-paper requirements.

There are 15 vacancies for an 11-month apprenticeship, with a monthly stipend of INR 35,000 and posting at OICL’s Corporate Office in Delhi. The notification gives an email deadline of 13 October 2026 for the scanned advance application and requires the hard copy to reach the Corporate Office by 16 October 2026; candidates will be selected through a personal interview.

Important Dates

The notification does not state a specific opening date for applications. The September 2026 notification date is given by month only.

Vacancy Details

OICL has announced 15 Actuarial Apprentice vacancies. The category distribution is shown below; the PwBD figure is a horizontal reservation and is not an additional vacancy over the category totals. Reservation is applicable in accordance with Government guidelines.

Eligibility Criteria

Educational Qualification

As of 1 September 2026, applicants 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 is excluded from the minimum-paper count. Proficiency in R, Python or SQL is desirable, but the notification does not list it as a mandatory qualification.

Age Limit

Candidates must be at least 21 years old and not more than 30 years old as of 1 September 2026. Age relaxation is available under Government norms: the upper age limit is relaxed to 33 years for OBC candidates, 35 years for SC/ST candidates and 40 years for persons with benchmark disabilities (PwBD).

Application Fee

The notification does not specify an application fee. Candidates should consult the official advertisement for any application instructions or clarifications.

How to Apply

1. Keep a valid personal email address and mobile number active through the selection process.
2. Visit the Careers section of the official OICL website and read the recruitment advertisement and application instructions.
3. Download the prescribed application form, complete all requested details, affix a photograph and sign it as instructed.
4. Email a scanned copy of the completed application to recruitment@orientalinsurance.co.in no later than 13 October 2026.
5. Send the completed hard-copy application 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.
6. Allow enough time for delivery. The hard copy must reach the Corporate Office by 16 October 2026; applications received after that date will not be considered.

Salary & Pay Scale

The apprenticeship carries a stipend of INR 35,000 per month and lasts for 11 months. Apprentices are trainees, not workers or employees of OICL, and completion of the apprenticeship does not create eligibility for absorption or further employment with the company. They are not entitled to employee benefits, facilities, allowances or other emoluments except where expressly provided; the notification also states that no deductions for employee benefits or statutory contributions, including Provident Fund or Staff Mediclaim, will be made from the stipend. Apprentices are entitled to one day of leave per month, credited at the beginning of the following month. An apprenticeship certificate will be issued on completion, subject to satisfactory performance. The stated notice period is one month.

Selection Process

Eligible applicants must appear before an interview panel for a personal interview. Selection will be based on interview performance, and OICL will decide the qualifying marks. The company says details about the interview arrangements will be communicated through its website and/or by email. Selected apprentices will be posted at the Corporate Office in Delhi.

Eligible candidates should review the official advertisement and submit both the scanned application and hard copy within the stated deadlines. In particular, the physical application must reach OICL no later than 16 October 2026.

Official Links

• OICL Actuarial Apprentice recruitment notification
• Application form
• Instructions for candidates called for interview
• Interview data sheet
• OICL official website