Oriental Insurance Company Ltd. jobs for Administrative Officer in Anywhere in India. Last Date to apply: 20 Mar 2015
Administrative OfficerDate of posting:18 Feb
Location : Anywhere in India
Job Category : Govt Jobs, MBA, BSc/BCA/BCM, Bank, Finance
Last Date : 20 Mar 2015
Job Type : Full Time
Hiring Process : Written-test
Oriental Insurance Company Ltd. - Job Details
REF No: OICL/Rect/2014-15/3010
Administrative Officer (Scal-I) jobs opportunity in Oriental Insurance Company Ltd.
| Sl. No. | Name of Post | Qualification | No. of Post |
| 1 | Accounts | Chartered Accountant (ICAI)/ B. Com/M. Com | 100 |
| 2 | Legal | Graduate in Law | 02 |
| 3 | Generalists | Graduate in any stream | 44 |
| 4 | Actuaries | Post Graduate Degree in Mathematics/Statistics/Actuarial Science Or Graduation and pass in at least 04 papers of the examination conducted by Actuarial Society of India | 50 |
| 5 | Marketing | MBA (Marketing / Sales) | 50 |
| Total Vacancies | SC | ST | OBC | UR | PWD (HI/VI/OC) |
| 246 | 40 | 21 | 60 | 125 | 19 |
Note : a) Qualifications mentioned above should be from any of the recognized Indian Universities duly approved by the UGC or any of the recognized Indian Institutes duly approved by AICTE. b) Preference will be given to candidates having post qualification experience in their area of specialization. Company’s decision in this regard shall be final. c) The candidate must possess valid Mark-sheet / Degree Certificate of the necessary qualification as on 28.02.2015
Emoluments & Benefits : Basic pay of Rs.17,240/- in the scale of Rs.17,240-840(14)-29,000-910(4)-32640 and other admissible allowance as applicable. Total emoluments will be approximately Rs.36,000/- p.m. in Metropolitan Centers. Other benefits such as Pension under New Pension system governed by PFRDA, Gratuity, LTS,Medical Benefits, Group Personal Accident Insurance etc. shall be as per rules. The Officers are also entitled for Company’s / leased accommodation as per norms. The salary scales are under revision with effect from August 2012
Age : (as on 28.02.2015) Minimum Age: 21 years Maximum Age: 30 years, as on 28.02.2015 i.e. a candidate must have been born not earlier than 1st March 1985 and not later than 28th February 1994 (both dates inclusive)
Application Fee (Non-Refundable) : Payable on-line from 27.02.2015 to 20.03.2015 (both dates inclusive)
| SC/ ST / PWD / Confirmed employees of Oriental Insurance Co. | Rs. 50/- (Intimation Charges Only) |
| All candidates other than SC/ ST / PWD / Confirmed employees of Oriental Insurance Co. | Rs. 600/- (Application fee including intimation charges) |
Selection Procedure : The final selection will be made on the basis of overall performance in Online Examination and Interview. Candidates will be called for online examination to be held on May’15 (Tentative)
Guarantee Bond : Before joining as probationer, the selected candidates will be required to give an undertaking to serve the Company for a minimum period of four years including the probation period. In the event of their resigning from the Company before the expiry of the bond period, they will be liable to pay liquidated damages equivalent to one year’s gross salary paid to them during the year of probation which could be proportionately reduced depending on the length of service rendered. Besides, he/she will have to submit a stamped Bond duly executed by two sureties (not blood relatives), of sound financial standing for an amount equivalent to one year’s gross salary. Candidates resigning from the Company during the probation period and candidates whose services are terminated by the Company during the probation period shall be liable to pay the salary received by them during their entire service in the Company in addition to an amount of Rs.40,000/-towards partial cost of training. No lien/bond executed to retain a substantive post with present employer will be binding upon the Company and no Leave Salary or Pension Contribution will be made
Probation : A candidate appointed in the Officers? cadre on regular pay rolls of the Company shall be on probation for a period of one year from the date of joining the duty. The probation period may be extended twice by a further period of six months at a time, stretching up to one year. During the probation period the Officers would be required to pass the non-life “Licentiate Examination” conducted by Insurance Institute of India. Only after passing the said examination the Officer will be eligible for confirmation of his/her services in the Company. Failure to pass the said Examination within the extended probation period will render the officer liable to be terminated from service on expiry of the period so specified. The Company reserves the right to terminate the services of the candidate if found unsuitable at any time during the probation period or the extended probation period without any notice or assigning any reason thereof.
Examination Centers : The examination will be conducted online in venues given in the respective call letters. No request for change of post/centre/venue/date/session for Examination shall be entertained. Company, however, reserves the right to cancel any of the Examination Centres and/ or add some other Centres, at its discretion, depending upon the response, administrative feasibility, etc.Company also reserves the right to allot the candidate to any centre other than the one he/she has opted for. Candidate will appear for the examination at an Examination Centre at his/her own risks and expenses and Company will not be responsible for any injury or losses etc. of any nature. Note : If sufficient numbers of candidates do not opt for a particular centre for "Online" examination, Company reserves the right to allot any other adjunct centre to those candidates OR if the number of candidates is more than the capacity available for online exam for a centre, Company reserves the right to allot any other centre to the candidate
| Sl No. | State | Centers |
| 1 | Andhra Pradesh | Vijaywada |
| Vishakapatnam | ||
| Ongole | ||
| 2 | Assam | Guwahati |
| Dibrugarh | ||
| Silchar | ||
| Jorhat | ||
| 3 | Arunachal Pradesh | Itanagar |
| 4 | Bihar | Patna |
| Gaya | ||
| Bhagalpur | ||
| 5 | Chandigarh | Chandigarh |
| 6 | Chhattisgarh | Raipur |
| Bilaspur | ||
| 7 | Delhi – NCR | Delhi - NCR |
| 8 | Goa | Panaji/Verna |
| 9 | Gujarat | Ahmedabad/ Gandhinagar |
| Vadodara | ||
| Surat | ||
| Rajkot | ||
| 10 | Haryana | Hisar |
| 11 | Himachal Pradesh | Shimla |
| Dharamshala | ||
| Mandi | ||
| Palampur | ||
| 12 | Jammu & Kashmir | Srinagar |
| 13 | Jharkhand | Ranchi |
| 14 | Karnataka | Bengaluru |
| Hubli | ||
| Mangalore | ||
| Mysore | ||
| Gulbarga | ||
| 15 | Kerala | Ernakulum/Kochi |
| Thiruvananthapur am | ||
| 16 | Madhya Pradesh | Bhopal |
| Indore | ||
| Gwalior | ||
| Jabalpur | ||
| 17 | Maharashtra | Mumbai/navi Mumbai/Thane/Greater Mumbai |
| Nagpur | ||
| Pune | ||
| Aurangabad | ||
| Nasik | ||
| 18 | Manipur | Imphal |
| 19 | Meghalaya | Shilong |
| 20 | Mizoram | Aizawl |
| 21 | Nagaland | Kohima |
| Dimapur | ||
| 22 | Odisha | Bhubaneshwar |
| Cuttack | ||
| Rourkela | ||
| Behrampur | ||
| 23 | Puduchery | Puduchery |
| 24 | Punjab | Amritsar |
| Ludhiana | ||
| Bhatinda | ||
| 25 | Rajasthan | Jaipur |
| Jodhpur | ||
| 26 | Sikkim | Gangtok |
| 27 | Tamilnadu | Chennai |
| 28 | Telangana | Hyderabad / Rengareddy |
| Warangal | ||
| 29 | Tripura | Agartala |
| 30 | Uttar Pradesh | Lucknow |
| Allahabad | ||
| Kanpur | ||
| Noida/Greater Noida | ||
| 31 | Uttarakhand | Dehradun |
| Haridwar / Roorkee | ||
| Haldwani / Nainital | ||
| 32 | West Bengal | Kolkata / Greater Kolkata |
| Siliguri | ||
| Asansol | ||
| 33 | Andaman & Nicobar | Port Blair |
Company Profile
The Oriental Insurance Company Ltd was incorporated at Bombay on 12th September 1947. The Company was a wholly owned subsidiary of the Oriental Government Security Life Assurance Company Ltd and was formed to carry out General Insurance business. The Company was a subsidiary of Life Insurance Corporation of India from 1956 to 1973 ( till the General Insurance Business was nationalized in the country). In 2003 all shares of our company held by the General Insurance Corporation of India has been transferred to Central Government.
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