The Oriental Insurance Company Limited, a government of India undertaking, is inviting applications for Actuarial Apprentices on a contractual basis. The apprenticeship is open to students pursuing Actuarial Studies who want to become actuaries. This is stated in the advertisement on the company’s website, orientalinsurance.org.in.
The company is offering 15 apprenticeship seats, with a monthly stipend of ₹35,000 for 11 months. Selection is through a Personal Interview, and there is no written test. Candidates should check all details in the article below.
Information verified from the official advertisement of The Oriental Insurance Company Limited on its website. Last verified: 24 September 2026.
The Oriental Insurance Company Limited is taking 15 Actuarial Apprentices on a contractual basis. The stipend is ₹35,000 a month for 11 months, and selection is through a Personal Interview. Candidates must send the online application by 13 October 2026, followed by a hard copy by 16 October 2026.
Quick Summary of Oriental Insurance Actuarial Apprentice 2026
| Detail | Information |
|---|---|
| Establishment | The Oriental Insurance Company Limited |
| Scheme | Actuarial Apprentice (contractual) |
| Trade | Actuarial Apprentice |
| Total Seats | 15 |
| Stipend | ₹35,000 per month |
| Training Period | 11 months |
| Selection | Personal Interview |
| Portal Registration Needed | No |
| Last Date | 13 October 2026 (online), 16 October 2026 (hard copy) |
| Official Website | orientalinsurance.org.in |
You might also like to read about other Apprentice Notifications in India : Apprentice
Seats and stipend
| Trade / Discipline | Seats | Stipend | Duration |
|---|---|---|---|
| Actuarial Apprentice | 15 | ₹35,000/month | 11 months |
| Total | 15 |
Category-wise vacancies
| Category | Vacancies |
|---|---|
| UR | 7 |
| SC | 2 |
| ST | 1 |
| OBC | 4 |
| EWS | 1 |
| PwBD (horizontal) | 1 (OC) |
Reservation follows government guidelines, as stated in the notice.
Eligibility
Candidates must meet these conditions as on 1 September 2026.
- Qualification: Graduate, with a minimum of four Actuarial Papers passed, excluding CB3, of the Institute of Actuaries of India (IAI) or the Institute and Faculty of Actuaries (IFoA).
- Desirable: Proficiency in R, Python or SQL.
- Age: Minimum 21 years, maximum 30 years.
- Age relaxation: Up to 33 years for OBC candidates, 35 years for SC and ST candidates, and 40 years for candidates with Persons with Benchmark Disabilities (PwBD) status.
Also Read: PXE DRDO Apprentice 2026
Selection process
All eligible candidates appear for a Personal Interview before an Interview Panel. Selection is based on interview performance alone, and there is no written exam. The company decides the qualifying marks for the interview.
The company will announce interview modalities, including the date, later through its website or by email.
How to apply
- Visit the Career section of the company’s website, orientalinsurance.org.in, and read the advertisement.
- Download the application form and the Interview Data Sheet.
- Fill in the form, affix a photograph, and sign as specified in the form.
- Send the scanned, filled application by email to recruitment@orientalinsurance.co.in by 13 October 2026.
- Send the signed hard copy of the same application by post, to reach the Corporate Office by 16 October 2026.
Postal address: Dy General Manager (HR), The Oriental Insurance Company Limited, Corporate Office, Block-IV, Plate-I, NBCC Office Complex, Kidwai Nagar East, New Delhi-110023.
If the hard copy does not reach the Corporate Office by the last date, the candidature is not considered.
Documents to keep ready
Candidates called for interview must bring original documents and one set of self-attested copies of each. They must also bring a filled and signed Interview Data Sheet, in four copies.
- Proof of date of birth: a Birth Registrar certificate, School Leaving Certificate, or an equivalent recognised certificate.
- Graduation and Post Graduation certificates.
- Mark sheets, including any CGPA conversion documents from the university.
- Certificates of professional qualification, including proof of passing the required Actuarial Examination subjects.
- Experience certificate or supporting documents, where applicable.
- Caste certificate, EWS income-asset certificate, PwBD certificate, or ex-servicemen certificate, as applicable.
- A No Objection Certificate (NOC) from the current employer, for candidates already employed.
- A government photo ID: Aadhaar, driving licence, voter ID, passport, or another recognised photo ID.
Also Read: DRDO DIPR ITI Apprentice Recruitment 2026
Important dates
| Stage | Date |
|---|---|
| Online/scanned application by email | 13 October 2026 |
| Hard copy of application by post | 16 October 2026 |
Terms of the apprenticeship
- The apprenticeship is contractual, for 11 months.
- An apprentice is a trainee, not a worker or an employee of the company. Labour law provisions for employees do not apply.
- Apprentices get one day of leave each month, credited at the start of the next month. Unused leave carries forward. No stipend is deducted for entitled leave.
- No other kind of leave is allowed. Any other absence leads to a pro-rata deduction from the stipend, and there is no overtime allowance.
- Apprentices do not get Provident Fund, Staff Mediclaim or other employee benefits.
- The notice period is 1 month.
- On completion, apprentices get an Apprenticeship Certificate, subject to satisfactory performance.
Also Read: MPPGCL Apprentice 2026
After the training period
The company states plainly that an apprentice is not eligible for absorption or further employment because of this apprenticeship. Completing the training gives no preference or weightage in any later recruitment by the company.
Should you apply?
This apprenticeship suits actuarial science students who have cleared at least four IAI or IFoA papers. It gives structured experience at a public sector insurer. It also suits candidates who already work with R, Python or SQL, since the notice lists this as a desirable skill. It does not suit candidates looking for permanent employment. The company states clearly that the apprenticeship carries no right to absorption or preference in future hiring. The trade-off is between the stipend and the experience on one side. On the other side is a fixed 11-month term with no employee benefits. This is added context, not part of the official notice. Confirm with the official website.
Important Links
| Link | What it is |
|---|---|
| Oriental Insurance Actuarial Apprentice 2026 advertisement | Official advertisement |
| Application form format | Application form |
| Interview Data Sheet | Interview data sheet format |
| Oriental Insurance Company careers page | Official website |
Also Read: STPI Apprentice Trainee 2026
FAQs
Is there a written exam for the Oriental Insurance Actuarial Apprentice 2026?
No. Selection is through a Personal Interview only. The company decides the qualifying marks for the interview, and the interview date will be shared later through the website or by email.
What is the stipend for Oriental Insurance Actuarial Apprentices?
The stipend is ₹35,000 a month for the 11-month apprenticeship. Apprentices do not get Provident Fund, Staff Mediclaim or other employee benefits, since they are trainees and not employees of the company.
Does the Oriental Insurance Actuarial Apprentice programme lead to a permanent job?
No. The company states clearly that an apprentice is not eligible for absorption or further employment because of this apprenticeship. Completing the training also gives no preference in any later recruitment by the company.
What is the last date to apply for Oriental Insurance Actuarial Apprentice 2026?
The scanned application must reach the company by email by 13 October 2026. The signed hard copy must then reach the Corporate Office in New Delhi by 16 October 2026.
ABOUT THE AUTHOR
I am Sandeep Khati, the founder of India Job Alerts. I hold a B.Tech in Computer Science from JGEC (2010). My career began as a Systems Engineer at TCS, and I have been active in the digital publishing space since 2011, starting with the launch of SearchDarjeeling.com and my work as a web developer and designer at Darjeeling Informatics.
Launched in April 2025, India Job Alerts is my most focused project to date. I am dedicated to publishing verified government and PSU job notifications for candidates in West Bengal, Sikkim, and across India. To guarantee accuracy, I personally cross-check every post against official notifications before publishing. Know more