OICL Actuarial Apprentice Recruitment 2026: The Oriental Insurance Company Limited (OICL) has announced an opportunity for candidates pursuing a career in actuarial science. A total of 15 Actuarial Apprentice posts are available under this recruitment.
Selected candidates will receive a monthly stipend of ₹35,000 during the apprenticeship period. The engagement is for 11 months and the place of engagement is the OICL Corporate Office in New Delhi.
Eligible candidates should send the scanned application through the prescribed email process by 13 October 2026. The hard copy of the application should reach OICL by 16 October 2026. Candidates should read the official recruitment notice carefully before submitting their application.
OICL Actuarial Apprentice Recruitment 2026 – Quick Overview
| Particular | Details |
|---|---|
| Organization | The Oriental Insurance Company Limited (OICL) |
| Post Name | Actuarial Apprentice |
| Total Vacancies | 15 |
| Engagement | Contractual Apprenticeship |
| Duration | 11 Months |
| Stipend | ₹35,000 per month |
| Age Limit | 21–30 Years |
| Age Reference Date | 1 September 2026 |
| Selection | Personal Interview |
| Job Location | OICL Corporate Office, New Delhi |
| Scanned Application Deadline | 13 October 2026 |
| Hard Copy Deadline | 16 October 2026 |
OICL Actuarial Apprentice Vacancy 2026
OICL has announced a total of 15 Actuarial Apprentice vacancies.
| Post Name | Vacancies |
|---|---|
| Actuarial Apprentice | 15 |
OICL Actuarial Apprentice Eligibility
Candidates interested in the OICL Actuarial Apprentice opportunity should satisfy the educational and actuarial examination requirements prescribed in the recruitment notice.
- Candidates should be graduates.
- Candidates should have passed a minimum of 4 actuarial papers conducted by the Institute of Actuaries of India (IAI) or Institute and Faculty of Actuaries (IFoA).
- CB3 is excluded while considering the minimum four actuarial papers.
- Candidates should satisfy all other conditions mentioned in the official OICL recruitment notice.
Preferred Skills
For an actuarial role, analytical and data-handling abilities can be valuable. Candidates should carefully check the official notice for any prescribed or desirable skills.
- Actuarial and statistical knowledge
- Analytical and quantitative ability
- Data analysis skills
- Knowledge of tools such as R, Python or SQL, where relevant
- Understanding of insurance and risk concepts
OICL Actuarial Apprentice Age Limit
The prescribed age range is 21 to 30 years as on 1 September 2026.
| Particular | Age |
|---|---|
| Minimum Age | 21 Years |
| Maximum Age | 30 Years |
Age relaxation for eligible reserved categories, if applicable, will be governed by the conditions mentioned in the official recruitment notice.
OICL Actuarial Apprentice Stipend
Selected Actuarial Apprentices will receive a stipend of:
₹35,000 per month
The apprenticeship is for a period of 11 months. Candidates should note that an apprenticeship/contractual engagement should not be treated as a regular permanent appointment unless the official notice specifically provides otherwise.
Application Fee
No application fee has been specified in the recruitment information used for this article. Candidates should nevertheless verify the official OICL notice before submitting the application.
OICL Selection Process 2026
The selection of eligible candidates is based on a Personal Interview, subject to the conditions and shortlisting procedure prescribed by OICL.
- Application scrutiny
- Shortlisting of eligible candidates
- Personal Interview
- Document verification, wherever required
- Final selection
OICL Recruitment 2026 Important Dates
| Event | Date |
|---|---|
| Age Reference Date | 1 September 2026 |
| Last Date for Scanned Application | 13 October 2026 |
| Last Date for Receipt of Hard Copy | 16 October 2026 |
Who Can Apply?
This opportunity may be suitable for graduates who have cleared the required actuarial papers and want practical exposure in the insurance and actuarial field.
Candidates must satisfy the qualification, actuarial-paper, age and other conditions specified by OICL. Meeting the basic eligibility conditions does not automatically guarantee shortlisting for an interview.
Documents to Keep Ready
- Completed prescribed application form
- Recent passport-size photograph
- Date of birth proof
- Graduation certificate and marksheets
- Proof of actuarial papers passed
- IAI / IFoA-related supporting documents, where applicable
- Valid photo identity proof
- Category certificate, if applicable
- Experience certificate, if applicable
- Other documents requested by OICL
How to Apply for OICL Actuarial Apprentice Recruitment 2026
- Visit the official website of The Oriental Insurance Company Limited.
- Open the recruitment/careers section.
- Find the notification for Actuarial Apprentice Recruitment 2026.
- Download and read the complete recruitment notice.
- Download the prescribed application format.
- Fill in personal, educational and actuarial examination details carefully.
- Attach or scan the required supporting documents.
- Send the scanned application through the method/email address specified by OICL so that it is submitted by 13 October 2026.
- Send the signed hard copy along with the prescribed documents to the address mentioned in the official notice.
- Ensure that the hard copy reaches OICL by 16 October 2026.
- Keep copies of the application and supporting documents for future reference.
Important Checks Before Applying
- Confirm that you have passed at least four eligible actuarial papers.
- Do not count CB3 toward the required four papers.
- Check your age as on 1 September 2026.
- Use the prescribed OICL application format.
- Enter the actuarial paper details exactly as shown in your records.
- Attach clear copies of all required certificates.
- Check the official email address before sending the scanned application.
- Do not rely only on the email submission; ensure the required hard copy is also sent.
- Allow sufficient postal/courier time for the hard copy to reach OICL.
Common Mistakes to Avoid
- Using an incorrect application format.
- Counting CB3 among the minimum four actuarial papers.
- Providing incorrect actuarial examination details.
- Sending an incomplete application.
- Forgetting required supporting documents.
- Missing the scanned application deadline.
- Sending the hard copy too late to reach OICL before the deadline.
- Using an unofficial email or postal address without checking the notification.
OICL Actuarial Apprentice Recruitment 2026 – FAQs
1. How many vacancies are available?
There are 15 Actuarial Apprentice posts.
2. What is the monthly stipend?
Selected candidates will receive a stipend of ₹35,000 per month.
3. What is the apprenticeship duration?
The engagement is for 11 months.
4. What qualification is required?
Candidates should be graduates and satisfy the prescribed actuarial examination requirements.
5. How many actuarial papers are required?
Candidates should have passed at least four actuarial papers of IAI/IFoA, excluding CB3.
6. What is the age limit?
The prescribed age range is 21 to 30 years as on 1 September 2026, subject to applicable conditions.
7. What is the selection process?
Selection is based on a Personal Interview, subject to OICL's shortlisting and eligibility conditions.
8. Where will selected apprentices work?
The place of engagement is the OICL Corporate Office, New Delhi.
9. What is the deadline for the scanned application?
The scanned application should be submitted by 13 October 2026.
10. What is the deadline for the hard copy?
The hard copy should reach OICL by 16 October 2026.
Important Links
| Resource | Link |
|---|---|
| OICL Official Website | Visit Official Website |
| Official Recruitment Notification | Check Recruitment Section |
Conclusion
OICL Actuarial Apprentice Recruitment 2026 offers 15 apprenticeship opportunities for graduates pursuing actuarial careers. With a monthly stipend of ₹35,000 and an 11-month engagement at OICL's Corporate Office in New Delhi, the programme provides exposure to the insurance and actuarial field.
Eligible candidates should complete the prescribed application process well before the 13 October 2026 scanned-application deadline and ensure that the required hard copy reaches OICL by 16 October 2026.
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