OICL AO Notification 2017 Released: Complete Information & Insights

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OICL AO Notification 2017 Released: Complete Information & Insights

OICL AO Notification 2017 Released: The Oriental Insurance Company Limited has published an official notification informing interested candidates regarding an All India Open Competitive Examination for the recruitment to the posts of 300 Officers in Scale I cadre. 

OICL AO Notification has clearly specified Eligibility Criteria, Selection Process, Vacancies and other essential pointers for the post of Administrative Officers. Read this article carefully and understand all you need to know about Oriental Insurance Company Vacancy 2017.

 

OICL AO Notification 2017 Released: Complete Information & Insights

The Oriental Insurance Company Limited., a leading Public Sector General Insurance Company & wholly owned by Government of India, invites applications for recruitment of 300 Officers in Scale I cadre from open market.

Important Dates

Let us now scan the whole OICL AO notification 2017 by elaborating its important pointers. Starting with important dates, we have:

Online Registration Begins  August 18, 2017
Closing Date for receipt of application  September 15, 2017
 OICL AO Exam Date Phase-I: 22 October 2017Phase-II: 18 November 2017
OICL

Total Number of Vacancies

The Oriental Insurance Company Limited will be holding OICL exam to recruit aspirants in various disciplines like:

  • Accounts: 20 Posts
  • Actuaries: 02 Posts
  • Engineers (Automobile): 15 Posts
  • Legal: 30 Posts
  • Medical Officer: 10 Posts
  • Generalist: 223 Posts

 

OICL AO Notification 2017: Eligibility Criteria

The eligibility criteria for OICL AO Examination has been clearly specified in the Exam Notification published by OICL recently.

Each aspirant must go through all the important details before applying online.

Age Limit

  • Minimum Age: 21 years. 
  • Maximum Age: 30 years

The crucial date of age-limit is reckoned with reference to 31.07.2017 i.e. a candidate must have been born not earlier than 1st August 1987 and not later than 31st July 1996 (both dates inclusive).

Educational Qualification

Candidates must possess the minimum qualification as listed in the table below from a recognized University or any equivalent qualification recognized as such by Central Government. Candidates should possess a certificate in proof of passing the qualifying examination as on 31.07.2017.

Discipline  Essential Minimum Qualification
Accounts

 M.Com. with 55% for SC/ST and 60% for Others from a recognized University or Chartered Accountants (ICAI)

                                               OR

Cost and Management Accountant (The Institute of Cost Accountants of India) earlier known as Cost and Wok Accountants (ICWAI)

                                              OR

MBA (Finance) with 55% for SC/ST and 60% for Others from a recognized University

Actuaries Graduate with 55% for SC/ST and 60% for Others in any discipline from a recognized university & has passed 4 Actuarial Papers from Institute of Actuaries of India (IAI) or Institute and Faculty of Actuary, UK (IFoA)
Engineers (Automobile) Graduate/Post-Graduate Degree in engineering(4 or 5 Years) with automobile engineering as a subject, with 55% for SC/ST and 60% for Others from a recognized University
 Legal Graduate in Law with 55% for SC/ST and 60% for Others from a recognized University
Medical Officer M.B.B.S.
Generalist Graduate in any stream with 55% for SC/ST and 60% for Others from a recognized University

If you are eligible for OICL AO 2017, move towards the next section and understand how to get recruited.

Selection Process

Candidates will be shortlisted on the basis of their performance in Phase I & Phase II & Interview. All the candidates who qualify in the Phase I will be called for Phase II. Candidates who have been shortlisted at the end of Phase-II will subsequently be called for an Interview to be conducted by the Company, up to three times the number of vacancies of respective stream/category. This means that the aspirants will get the selection by the following process:

  • Phase I
  • Phase II
  • Interview

Final selection would be based on consolidated marks of the main examination (objective test) & Interview. The final merit list shall be prepared in descending order of the consolidated marks secured by the candidates. Candidates who fall within the number of vacancies in the merit list shall be considered for appointment.

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This is all for OICL AO Notification 2017. Our next will outline precise information regarding How to Apply for OICL AO 2017 Recruitment.

Till then, stay connected for more information regarding OICL AO Recruitment 2017. To excel in Insurance Examinations, Download the Best Insurance Exam Preparation App for free.

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