OICL – Actuarial Apprentice – Apprenticeship – 06-11-2026 – 15 posts

Job Details

Number of Vacancies15
Last Date06-11-2026
Pay ScaleRs. 35,000/- per month
SalaryRs. 35,000/- per month
Important Links
Minimum Age21
Maximum Age40
Form TypeOffline
AgencyOICL
Other Dates
  • Last Date to Send Advance Scanned Application: 13-10-2026
  • Last Date for Receipt of Hard Copy Application: 16-10-2026
  • Last Date Extended: 06-11-2026
  • Advance Scanned Application Last Date (as per Application Submission Details): 06-11-2026
NotificationView Notification
Age Limit21 - 40
StateDelhi
AgencyThe Oriental Insurance Company Limited (OICL)
DepartmentOther
Job TypeApprenticeship
PositionActuarial Apprentice
The Oriental Insurance Company Limited (OICL) invites offline applications for 15 Actuarial Apprentice posts on a contractual apprenticeship basis for 11 months at its Corporate Office, New Delhi. Candidates must be graduates and have passed a minimum of 4 Actuarial Papers (excluding CB3) from IAI/IFoA; proficiency in R, Python or SQL is desirable. Monthly stipend is Rs. 35,000. Selection is by shortlisting and personal interview. Applications require sending a scanned copy by email and the hard copy to the prescribed postal address; last date for application was extended to 06-11-2026.

Vacancy Details

  • Actuarial Apprentice: 15 vacancies
    Qualification: Graduate and minimum 4 Actuarial Papers (excluding CB3) from IAI/IFoA
    • UR: 7
    • SC: 2
    • ST: 1
    • OBC: 4
    • EWS: 1
    • PwBD (OC): 1

Qualification Requirements

A Graduate degree and passed a minimum of 4 Actuarial Papers (excluding CB3) from IAI/IFoA. Desirable: proficiency in R, Python or SQL.

Age Limits

  • Minimum Age: 21 years
  • Maximum Age: 40 years

Selection Process

  • Shortlisting: Eligible applications will be shortlisted by the company based on the specified criteria.
  • Personal Interview: Shortlisted candidates will be called for a personal interview before an interview panel.
  • Final Selection: Final selection will be made based on interview performance and meeting qualifying marks decided by the company.

How to Apply

  1. Visit the Career section of The Oriental Insurance Company Limited website.
  2. Download the prescribed application form from the website.
  3. Fill all required details in the application form and attach a recent passport-size photograph.
  4. Sign the application form as per instructions.
  5. Send the scanned copy of the application through email to the specified email address.
  6. Send the hard copy of the completed application form to the prescribed postal address.
  7. Ensure you fulfil age and qualification requirements and keep your registered email ID and mobile number active.

Important Dates

  • Last Date to Send Advance Scanned Application:
  • Last Date for Receipt of Hard Copy Application:
  • Last Date Extended:
  • Advance Scanned Application Last Date (as per Application Submission Details):

Frequently Asked Questions

What are the minimum eligibility and qualification requirements for the Actuarial Apprentice posts?

Candidates must have a Graduate degree and have passed a minimum of 4 Actuarial Papers (excluding CB3) from IAI/IFoA. Proficiency in R, Python or SQL is desirable.

How do I apply for the OICL Actuarial Apprentice recruitment?

Download the prescribed application form from the OICL career section, fill it, attach a passport-size photograph and sign it. Send a scanned copy by email and the hard copy by post to the prescribed address.

What is the last date to apply for the apprenticeship?

The last date to apply was extended and the Advance Scanned Application last date is 06-11-2026. The notification also lists earlier dates for scanned and hard copy submissions but the extended date is 06-11-2026.

What is the selection process for these positions?

Selection will be through shortlisting of eligible candidates followed by a personal interview before an interview panel. Final selection is based on interview performance and qualifying marks decided by the company.

What is the stipend or salary for the Actuarial Apprentice?

Selected candidates will receive a monthly stipend of Rs. 35,000/- per month during the 11-month contractual apprenticeship.

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