OICL RECRUITMENT EXAM| NOTIFICATION
OICL AO EXAM | RECRUITMENT 2020
About OICL :
Oriental Insurance Company Limited (OICL) is considered the oldest insurance companies in India. Incorporated in 1947, the company was functioning as a subsidiary of LIC of India from 1956 to 1973. In 2003, its ownership got transferred from General Insurance to Central Government. The OICL assistant and the OICL Assistant Administrative Officers are two posts essential in business expansion.
OICL organizes the stated below exams for recruitment every year:
- Agent
- Assistant
- Administrative officer
OICL Recruitment Exam: Key Highlights
| Name of Exam | OICL Exam 2020 |
| Conducting Body | Oriental Insurance Company Limited |
| Level of Exam | National |
| Frequency of Exam | Once a year |
| Mode of Exam | Online – Computer Based Test(CBT) |
| Stages of exam | Prelims – Main – Interview |
| Fees for application | Rs. 600 |
| Language | English And Hindi |
| No. of Cities | Test centres across the nation |
| Exam helpdesk number | 1800118485 / 011-33208485 |
| Website | https://orientalinsurance.org.in |
OICL Recruitment Exam: Eligibility Criteria
OICL exam is considered the most efficient exam in the insurance sector. As being one of the government company, competition in the OICL exam is severe.
Educational Qualification needed:
For OICL Administrative officer exam, the minimum needed educational qualification is different for varied positions and the detailed educational requirement is given below.
| Post | Qualification Needed |
| Generalist | Graduation Degree with 60% (55% for SC/ST) from a recognised university. |
| Engineers (Automobile) | Graduation/Post Graduation degree in Automobile Engineering with 60% marks(55% for SC/ST) |
| Accounts | Master’s Degree in Commerce / MBA degree in Finance with 60% marks (55% for SC/ST) Or ICWAI Or Cost and Management Accountant(ICWAI) |
| Legal | Law Degree with 60% marks(55% for SC/ST) |
| Actuaries | Graduation Degree with 60% marks and need to have passed 4 Actuarial papers from IAI/IFOA |
| Medical Officer | M.B.B.S Degree |
OICL AO Exam: Age limit
Age of the candidate shall be considered from July 31st of the year of exam. The stated age limit for the OICL AO exam is below:
Minimum Age: 21 years
Maximum Age: 30 years
The candidate shall have born not earlier than 1st August 1990 and not later than 31st July 1999(both dates inclusive).
OICL AO Exam: Important Dates
| OICL events | Dates to remember | Features |
| Notification | July 2020 | The OICL notification shall be declared online. |
| Last date for application | August 2020 | The application for OICL Exam will close. |
| Prelims exam | October 2020 | The OICL prelims exam will be held online. |
| Result for prelims | November 2020 | The OICL result shall be released. |
| Main exam | December 2020 | The OICL main exam will be held online. |
| Main result | January 2021 | The OICL result will be released online. |
| OICL Interview | January 2021 | The OICL interview shall be held at several exam centres. |
| OCIL result | March 2021 | The OICL result is to be declared online |
OICL AO EXAM: Vacancy details
OICL vacancies will filled as mentioned in the notification and will released officially. A nice number of vacancies are released in the OICL recruitment every year and the aspirants shall hope for maximum number of vacancies. OICL vacancies as provided in the notification as given below.
OICL AO EXAM: Notification details
OICL notification will be declared in July 2020. The notification shall release number of vacancies in the OICL AO Exam. It will provide the relevant dates that the aspirants require to plan their preparation.
It is perfect time for initiating planning of the OICL AO Exam preparation because the exam might be conducted within two months from start date of notification and the candidate is supposed to get clear in all India level in the prelims exam.
OICL AO EXAM:Syllabus
OICL syllabus requires to be given officially in the OICL recruitment notification 2020. Exam pattern shall be mentioned in the OICL notification. Candidates require to prepare for the OICL AO EXAM with the old syllabus because the topics of the syllabus might be compared in the new notification too.
OICL AO Exam: Selection Procedure
The OICL exam shall be held as a three-tier exam which requires candidates to appear and pass all tiers of the exam. The three-tier system of exam helps the examination body for choosing best available talent.
- Prelims
- Mains
- Interview
OICL AO EXAM: Prelims exam
After completion of application process, the candidates are required to wait for the OICL prelims exam. It is the initial stage of exam and contributes as filter for other stages.
| Exam duration | One hour |
| Type Of Paper | Objective |
| Paper Mode | Online CBT |
| Maximum Marks | 100 |
| No. of Sections | 3 – English language, Reasoning Ability, Quantitative Aptitude |
| Sectional cut off | Yes |
Approx 20 times, of the number of vacancies, aspirants might be qualified for the main exam. The marks of OICL need not be held for final selection.
OICL AO EXAM: Main Exam
OICL main exam is conducted online CBT. This is very crucial stage of the OICL AO EXAM since the final merit is based on these given numbers and the number of interview.
The candidates are required to focus their effort in the OICL main exam. It comprise of two sections – Objective and Descriptive. The objective exam is held of 200 marks and descriptive papers are of 30 marks. Its number shall not be considered for the final selection. It is compulsory for the candidates to be suitable the descriptive paper. The descriptive test will also be held online but be assessed when candidates attain cut-off marks in the Main (Objective) exam.
| Duration of exam | Two Hour + 30 minutes for a descriptive test |
| Paper Type | Objective + Descriptive |
| Paper Mode | Online CBT |
| Maximum Marks | 200 |
| No. of Sections | English Language, Reasoning Ability, Quantitative Aptitude, General Awareness and Test of Professional Knowledge. |
| Sectional Cut off | Yes |
Negative Marking
Negative marking will be applicable in the OICL AO EXAM. Every question having a wrong answer for that, one-fourth of the marks shall be deducted. It is for the prelims and main exam. No marks shall be deducted for questions where answers are left blank.
OICL Interview
The candidates shall be held for the interview depending upon the marks attained in the main (objective) test. Number of candidates shall be up to three times the number of vacancies provided. The weightage (ratio) of the online examination and interview shall be 80:20 respectively.
Final Result
The OICL Exam final result shall be released on basis of marks secured in the OICL main exam (objective) and the interview.