Oriental Insurance Apply Link Activated

Hello and welcome to ExamPundit.  The Oriental Insurance Company
Limited detailed notification for recruitment of 246 (Two Hundred Forty Six) Officers in
Scale I cadre from open market.

Please note
the Important Dates:
Publication of Advertisement in Employment News
28.02.2015
On line Registration commences from
27.02.2015
Last Date for Online Registration
20.03.2015
Payment of Application fees
27.02.2015 – 20.03.2015
Dates of online Examination
Tentatively in May 2015





Candidates should apply through On-Line mode only. No other
means/mode of application will be accepted.
Vacancies:


Discipline
No. of Posts
SC
ST
*OBC
UR
PWD (HI/VI/OC)
Accounts
100
Actuaries
2
Generalist
50
Legal
44
Marketing
50
Total
246
40
21
60
125
19


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.
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.
Educational
Qualification (as on 28.02.2015)

  • Candidate should possess certificate in proof of passing the
    qualifying examination as on 28.02.2015.
  • For Generalist Stream, a candidate must possess the
    minimum qualification of a Degree in any discipline from a recognized
    University OR any equivalent qualification recognized as such by Central
    Government.
  • For
    Specialist Stream a candidate must possess the minimum qualification of Degree
    in the relevant discipline from a recognized University OR any equivalent
    qualification recognized as such by Central Government:

The
minimum Educational Qualifications required for various disciplines are:
S.
N
o.
Discipline
Minimum Qualification
1
Accounts
Chartered Accountant (ICAI) / B. Com / M. Com
2
Legal
Graduate in Law.
3
Generalist
Graduate in any stream.
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
5
Marketing
MBA (Marketing / Sales)
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.







Oriental Insurance has activated the apply link.






Click Here to Apply >>


Regards

Team ExamPundit

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