Oriental Insurance Company conducts Administrative Officer Scale I Exam 2015

Oriental Insurance Company conducts Administrative Officer Scale I Exam 2015.

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Oriental Insurance Company conducts Administrative Officer Scale I Exam 2015.

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.

Quest Education offers a regular classroom program and weekend batches for Bank and Insurance Exams, covering complete syllabus of Exam.

     Quest Education the obvious choice

- Maximum classroom hours – Over 3 Months Rigorous Training
- Small Batches size of 15 students
- Unlimited classes up to Selection
- Special need based classes for specific Insurance / Bank exams.
- Call  @ 09891.344.571 for details.
- Weekend Batches Available
Hostel Facilities Available Separately for Boys / Girls.

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
2 Assam Guwahati
3 Arunachal Pradesh Itanagar
4 Bihar Patna
5 Chandigarh Chandigarh
6 Chhattisgarh Raipur
7 Delhi – NCR Delhi – NCR
8 Goa Panaji/Verna
9 Gujarat Ahmedabad/ Gandhinagar
10 Haryana Hisar
11 Himachal Pradesh Shimla
12 Jammu & Kashmir Srinagar
13 Jharkhand Ranchi
14 Karnataka Bengaluru
15 Kerala Ernakulum/Kochi
Thiruvananthapur am
16 Madhya Pradesh Bhopal
17 Maharashtra  Mumbai/navi Mumbai/Thane/Greater Mumbai
18 Manipur Imphal
19 Meghalaya  Shilong
20 Mizoram  Aizawl
21 Nagaland Kohima
22 Odisha Bhubaneshwar
23 Puduchery Puduchery
24 Punjab Amritsar
25 Rajasthan Jaipur
26 Sikkim  Gangtok
27 Tamilnadu Chennai
28 Telangana Hyderabad / Rengareddy
29 Tripura Agartala
30 Uttar Pradesh Lucknow
Noida/Greater Noida
31 Uttarakhand Dehradun
Haridwar / Roorkee
Haldwani / Nainital
32 West Bengal Kolkata / Greater Kolkata
33 Andaman & Nicobar Port Blair

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