OICL Assistant Recruitment 2025: 500 Posts

August 1, 2025 by admin

The Oriental Insurance Company Limited (OICL), a leading public sector general insurance company under the Government of India, has announced a golden opportunity for job seekers with the release of its Assistant (Class III) Recruitment 2025 notification. With 500 vacancies up for grabs, this recruitment drive is one of the most significant in the insurance sector this year, offering a stable and rewarding career path for graduates across India. Here’s everything you need to know about this exciting opportunity, from eligibility criteria to the application process and selection stages.

Table of Contents

About Oriental Insurance Company Limited (OICL)

Founded on September 12, 1947, OICL is headquartered in New Delhi and operates with 29 regional offices and over 1,500 branches nationwide, alongside international branches in Nepal, Kuwait, and Dubai. As a wholly government-owned entity administered by the Ministry of Finance, OICL is known for its robust financial performance, recording a global gross premium of ₹20,434 crore in the financial year 2024-25. With a workforce of approximately 15,000 employees, OICL is a trusted name in non-life insurance, offering products like health, vehicle, travel, and property insurance.

The Assistant (Class III) role is an entry-level position that plays a vital part in OICL’s operations, focusing on customer service, policy administration, and claims processing. This recruitment, which includes backlog vacancies, is a rare opportunity, as it marks the first such drive in a decade.

Key Details of OICL Assistant Recruitment 2025

Vacancy Details

Total Vacancies: 500 Assistant (Class III) posts, including backlog vacancies.
Category-wise Distribution: Detailed information will be available in the official notification on August 1, 2025.

Important Dates

Short Notification Release: July 30, 2025
Detailed Notification Release: August 1, 2025, at 6:30 PM
Online Application Window: August 2, 2025, to August 17, 2025
Tier I Preliminary Exam: September 7, 2025
Tier II Mains Exam: October 28, 2025
Regional Language Test: Dates to be announced later

Eligibility Criteria

To apply for the OICL Assistant Recruitment 2025, candidates must meet the following requirements:

Age Limit: 18–26 years as of July 1, 2025. Age relaxation is applicable for reserved categories (SC/ST/OBC/PwD/Ex-Servicemen) as per government norms.
Educational Qualification:
- A Bachelor’s degree in any discipline from a recognized university, OR
- Passed HSC (12th standard) or equivalent with at least 60% marks (50% for SC/ST/PwD/Ex-Servicemen).
- English must have been studied at SSC, HSC, or graduation level.
Nationality: Candidates must be citizens of India.
Language Proficiency: Candidates must be proficient in the regional language of the state they are applying for, as assessed in the Regional Language Test.

Salary and Benefits

The OICL Assistant position offers a competitive salary package under the 7th Pay Commission:

Basic Pay: ₹14,500 per month
Pay Scale: ₹14,500–₹60,000, with annual increments of ₹2,500
Gross Monthly Salary: Approximately ₹60,000 in metropolitan centers, including allowances like Dearness Allowance (DA), House Rent Allowance (HRA), City Compensatory Allowance (CCA), medical reimbursement, newspaper allowance, and furniture/books reimbursement.
Other Benefits: Pension under the new PFRDA scheme, gratuity, medical benefits, group personal accident insurance, and career growth opportunities with promotions to roles like Deputy Manager and Zonal Manager.

The role offers job security, a supportive work environment, and significant growth prospects, making it an attractive choice for government job aspirants.

Selection Process