The Oriental Insurance Company Limited (OICL), a Govt. of India Undertaking, has invited applications for one full-time Appointed Actuary on contract basis at its Corporate Office in New Delhi. Pay is negotiable, and applicants must satisfy the IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024. Applications can be mailed to [email protected], and must be received by 23 November 2026.
OICL Appointed Actuary at a Glance
| Particulars | Details |
|---|---|
| Organisation | The Oriental Insurance Company Limited (A Govt. of India Undertaking) |
| Post Name | Appointed Actuary |
| Vacancies | One (1) |
| Pay | Negotiable; candidates to indicate current CTC and expectations |
| Job Location | New Delhi |
| Application Mode | By email; hard copy may also be sent by post to the address given |
| Last Date to Apply | 23.11.2026 |
The official notification does not specify the age limit or the application fee.
About the Company
The Oriental Insurance Company Limited is a Govt. of India Undertaking. Its Corporate Office is at Block-4, Plate-A, NBCC Office Complex, Kidwai Nagar East, New Delhi - 110023. The Appointed Actuary post is for a General Insurer under the IRDAI regulations named in the notice.
Who Can Apply
- The candidate must be ordinarily resident in India.
- The candidate must also satisfy all requirements of the IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024 (including amendments / modifications) to be eligible for appointment as Appointed Actuary of a General Insurer.
The notice does not print an educational qualification in words. For the exact eligibility, candidates should see the official notification and the regulations it names.
Pay and Tenure
Emoluments and benefits are negotiable. Applicants must indicate their current CTC and their expectations. The employment is on contract basis, and the candidate must work with OICL as an employee on full-time basis. The notice says it looks forward to the shortlisted candidate joining on 31 December 2026.
The service conditions, such as duties and obligations, powers and conflict of interest, are subject to the provisions of the IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024 (including amendments / modifications).
OICL Appointed Actuary Job Description
- Duties and obligations are as per the IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024 (including amendments / modifications).
How to Apply for OICL Appointed Actuary
- Prepare the complete application with the application in the format enclosed with the notice (Annexure A).
- Mail it to [email protected] by 23.11.2026.
- If sending a hard copy, address it to: Mr. Vikas Chadha, Dy. General Manager (Personnel), The Oriental Insurance Company Limited, Corporate Office, Block-4, Plate-A, NBCC Office Complex, Kidwai Nagar East, New Delhi -110023.
- Super-scribe the duly sealed envelope in the top corner: "OICL - Appointed Actuary Application".
- The last date of receiving the application is 23.11.2026.
Documents named in the notice
- Detailed curriculum vitae (CV)
- Copy of Fellowship certificate in accordance to Actuaries Act, 2006
- Copy of passing Specialisation Paper (SA Level paper)
- Copy of latest CoP (2026-27)
- Application as per format enclosed (Annexure A)
Selection and Interview
Selection is by Personal Interview, which may be online or offline. The notice does not give an interview date or venue.
Important Dates
| Event | Date |
|---|---|
| Date of notice | 13.11.2026 |
| Last date for receiving applications | 23.11.2026 |
| Likely date of joining (shortlisted candidate) | 31 December 2026 |
Important Instructions
- The Company reserves the right to reject any application without assigning a reason, and its decision is final and binding in all matters.
- If a candidate does not fulfil the eligibility criteria, or has furnished incorrect, false or incomplete information or suppressed any material fact, the candidature will stand cancelled. If this is noticed after appointment, services are liable to be terminated forthwith.
- The Company will not entertain any correspondence or personal enquiry. Canvassing in any form will disqualify the candidate.
- Appointment is subject to approval of the Insurance Regulatory Development Authority of India.
- The selected candidate must fill the relevant pre-employment form as per the Company's recruitment norms.
- Any further addendum, corrigendum or update will be published only on the OICL website.
- The Company reserves the right to cancel or modify the eligibility conditions at any stage of the process without assigning any reason.
OICL Appointed Actuary Important Links
| Link | Details |
|---|---|
| Application Form (Annexure A) and application details | Application by email or post, by 23.11.2026 |
| Official Notification PDF | OICL Appointed Actuary notice dated 13.11.2026 |
| OICL Official Website | Addenda, corrigenda and updates are published here |
