OICL Recruitment of Administrative Officers (Scale -I)
The Oriental Insurance Company Limited (OICL) has released the official notification for candidates interested in applying for Administrative Officer positions. A total of 100 vacancies have been announced across various disciplines. The online application process for OICL AO Recruitment 2024 has commenced on the official website at www.orientalinsurance.org.in.
Education Qualification:
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Note:
Qualifications from recognised Indian universities approved by UGC or AICTE, with preference for experienced candidates; valid Mark-sheet/Degree Certificate required by December 31, 2023.
Vacancy Details:
The breakdown of OICL Administrative Officer vacancies for the year 2024 across different disciplines: OICL AO Notification 2024 PDF
Registration Link: https://ibpsonline.ibps.in/toiclaojan24/
Total: 100 vacancies
- Accounts: 20 vacancies (SC: 13, ST: 07, OBC: 26, EWS: 09, UR: 45, PwBD: As Per Govt. Rules)
- Actuarial: 05 vacancies
- Engineering: 15 vacancies
- Engineering (IT): 20 vacancies
- Legal: 20 vacancies
- Medical: 20 vacancies
Tentative Online Examination Important Dates:
Online Registration commences from / Payment of fees: March 21, 2024
Last Date for Online Registration/payment of fees: April 12, 2024
Dates of online Examination: Tentatively in May/June 2024
- The OICL AO recruitment process offers examination centres across various states in India for both the Preliminary and Main Examinations, ensuring accessibility and convenience for candidates nationwide.
Fees Details:
The application fees for OICL AO Recruitment 2024 are as follows:
- For SC/ST/PwBD category candidates: Rs 250
- For all other categories: Rs 1000
Once paid, the fee/intimation charges will not be refunded under any circumstances, nor can they be reserved for any other examination or selection process.
Age Limit Summary:
To apply for the OICL AO Recruitment 2024, candidates must be between 21 and 30 years of age as of December 31, 2023.
- SC/ST: 5 years
- OBC (Non-Creamy Layer): 3 years
- Persons with Benchmark Disability: 10 years
- Ex-Servicemen (5 years of military service): 5 years
- Defence personnel disabled in operations: 3 years
- Widows, Divorced women, and legally separated women: 9 years
- Existing Confirmed Employees of Public Sector General Insurance Companies: 8 years
Selection Procedure:
Phase-I: Preliminary Examination
The Preliminary Examination will be conducted online and will consist of Objective Tests for a total of 100 marks. It comprises three sections, each with separate timings:
- English Language: 30 Marks (20 minutes)
- Reasoning Ability: 35 Marks (20 minutes)
- Quantitative Aptitude: 35 Marks (20 minutes)
Candidates must pass each section to qualify for the Main Examination, with approximately 20 times the number of vacancies shortlisted for advancement.
Phase-II: Main Examination
The Main Examination consists of Objective Tests for 200 marks and a Descriptive Test for 30 marks, both conducted online. The Objective Test includes the following sections:
- Test of Reasoning
- Test of English Language
- Test of General Awareness
- Test of Quantitative Aptitude
- Additional Test for technical & professional knowledge (in specialist streams)
- There will be a 0.25 negative mark for each incorrect response.
The Oriental Insurance Company Limited will conduct an online descriptive test for OICL AO for 30 marks, lasting 30 minutes.
- Letter Writing: 10 Marks
- Essay: 20 Marks
Phase-III: Interview
Candidates shortlisted after Phase-II will undergo an Interview, with up to three times the number of vacancies being filled. The weightage of the Online Examination and Interview is 80:20, respectively.
Final Selection:
Final selection is based on the consolidated marks of the Main Examination (Objective Test) and Interview. A merit list will be prepared based on candidates' scores, and those falling within the number of vacancies will be considered for appointment. A waiting list of candidates may also be prepared for potential future vacancies.
Other Details:
Service Conditions: The company's prevailing rules apply, with selected candidates subject to potential postings or transfers anywhere in India.
Probation: Officers serve a one-year probation, extendable twice for six months each. They must pass the non-life "Licentiate Examination" during probation, with failure leading to termination.
Guarantee Bond: Selected candidates commit to a four-year service, including probation, with liquidated damages for early resignation. Resignations during probation incur additional costs.
Emoluments & Benefits: Officers receive a basic pay of Rs. 50,925 with additional benefits, including accommodation, pension, gratuity, medical benefits, and group personal accident insurance. Total emoluments are approximately Rs. 85,000 per month in metropolitan centres.
The Steps to Apply for OICL AO Recruitment 2024:
- Visit the official website at https://ibpsonline.ibps.in/toiclaojan24/.
- Select the "Career" option from the homepage and click on "Apply Now."
- Register yourself by entering your Name, Email, and other required details.
- Upon successful registration, a registration ID and password will appear on the screen, and you'll receive an email and SMS with your registered email and phone number.
- Fill out the application form with the necessary details.
- Review the information provided and click on the "submit" button.
Candidates are encouraged to stay updated with the Graduates Engine for more information and updates on similar job openings. Wishing all applicants the best of luck in their endeavours.
Disclaimer:
The aforementioned data is taken from the official announcement released by OICL AO Recruitment 2024. Candidates are advised to refer to the official website and the links provided for any updates or clarifications regarding the recruitment process.
