OICL AO Exam 2019

Dates | Eligibility | Exam Pattern | Syllabus | Salary

Every year OICL recruits ingenious students for the post of Administrative Officer (AO). Oriental Insurance Company Limited (OICL) is a public sector non-life insurance company in India. The headquarters of the company is located in New Delhi.

It was established as a completely owned subsidiary of Oriental Government Security Life Assurance Company Ltd. The company has developed various types of insurance covers to cater to the needs of both the urban and rural population of India.

OICL AO Exam Dates 2019

EventsDates
Starting of On-line applicationAugust 2019
Closing of On-line applicationSeptember 2019
OICL AO Exam (Prelims)October 2019
OICL AO Exam (Mains)November 2019

Eligibility Criteria for OICL AO Exam

The candidates appearing for OICL AO exams must fulfill the following eligibility criteria:

Age Limit

A candidate is required to be of Minimum 18 years of age and Maximum 26 years of age to be eligible for OICL 2018 Exam. Also, there is age relaxation for the reserved categories as per decided by the government of India.

Educational Qualification

Sl.No.DisciplineMinimum Qualification (Graduation/Post Graduation degree from a recognized University)
1.AccountsM.Com. with 60% (55% for SC/ST)/MBA (Finance) with 60% (55% for SC/ST) /ICAI/ICWAI
2.ActuariesGraduate with 55% (60% for SC/ST) & has passed 4 Actuarial Papers from IAI/IFoA.
3.Engineers (Automobile)Graduate/Post Graduate with automobile engineering as a subject with 60% (55% for SC/ST)
4.LegalGraduate in Law with 60% (55% for SC/ST)
5.Medical OfficerM.B.B.S.
6.GeneralistGraduate with 60% (55% for SC/ST)

OICL AO Exam Pattern 2019

The OICL AO selection Procedure depends majorly on three factors, which are:

  • Preliminary Examination
  • Mains Examination (Objective + Descriptive)
  • Interview

Final Selection of the candidate would be based on the consolidated marks mains examination (Objective Test) and Interview.

OICL AO Exam Pattern (Prelims)

S.NoSubject NameMarksDuration
1English language301 hour
2Quantitative Aptitude35
3Reasoning Ability35
Total100

OICL AO Exam Pattern (Mains)

The mains exam of OICL AO exam is held in 2 parts

  • OICL AO Mains for Specialist
  • OICL AO Mains for Generalist

OICL AO Mains (Specialists)

Subject NameExam TypeMax MarksDuration
Reasoning Ability TestObjective40120 min
Test of General Awareness40
Test of English Language40
Quantitative Aptitude Test40
Test of Professional Knowledge40
Total200

OICL AO Mains (Generalists)

Subject NameExam TypeMax MarksDuration
Reasoning Ability TestObjective50120 min
Test of English Language50
General Awareness Test50
Test of Quantitative
Aptitude
50
Total200

OICL AO Descriptive Test

The descriptive Test will comprise of 30 marks with total time duration of 30 minutes. The test will be conducted in the English language through online mode where the candidate will get a letter writing of 10 marks & an essay comprising of 20 marks

**NOTE:

  • The questions in objective tests, except for the test of English Language, will be made available in English & Hindi.
  • There will be a penalty for wrong answers marked in the Objective Tests. For each question for which a wrong answer has been given by the candidate, one-fourth of the marks assigned to that question will be deducted.

Syllabus for OICL AO Exam 2019

The question paper consists of different sections such as Reasoning, General Awareness, Numerical Ability, Computer Knowledge, and Professional Knowledge. The question paper consists of different subjects such as:

  • Reasoning
  • Numerical Ability
  • General Awareness
  • Computer Knowledge
  • Professional Knowledge

OICL AO Reasoning Syllabus

  • Puzzles Verbal Reasoning
  • Non-Verbal Reasoning
  • Logical Reasoning
  • Data Sufficiency
  • Data Interpretation
  • Analytical Reasoning

OICL AO Computer Knowledge Syllabus

  • Microsoft Publisher
  • MS Excel
  • Microsoft OneNote
  • MS Word
  • Microsoft Access
  • Microsoft Outlook
  • MS Project
  • MS Visio
  • MS PowerPoint
  • Uses of Antivirus

OICL AO Numerical Ability Syllabus

  • Odd One Out
  • Numbers and Ages
  • Averages
  • Problems on L.C.M and H.C.F
  • Problems on Numbers
  • Races and Games
  • Mixtures and Allegations
  • Compound Interest
  • Pipes and Cisterns
  • Time and Work Partnership
  • Areas
  • Time and Distance
  • Problems on Trains
  • Ratio and Proportion
  • Simple Interest
  • Quadratic Equations
  • Indices and Surds
  • Mensuration
  • Probability
  • Volumes Profit and Loss
  • Boats and Streams
  • Simple Equations
  • Percentages
  • Permutations and Combinations
  • Simplification and Approximation

OICL AO General Awareness Syllabus

  • Indian Parliament
  • Famous Days Dates
  • Indian Economy
  • General Science
  • Famous Places in India
  • Tourism
  • Countries and Capitals
  • Famous Books Authors
  • Indian Politics
  • Inventions and Discoveries
  • Sports
  • Indian History
  • Current Affairs
  • Rivers, Lakes, and Seas
  • Artists
  • Culture

OICL AO Professional Knowledge Syllabus

  • Information Tech.
  • Actuaries
  • Accounts
  • HR
  • Marketing
  • Legal

OICL AO Application Process

The applications for OICL AO exams are done online through the official website of OICL.

Application Fees

  • SC/ST/PWD/EX-SER- Rs. 50/- (Intimation Charges only),
  • GENERAL – Rs. 100/- (Application fee including Intimation Charges)Bank Transaction charges.

OICL AO Job Profile

  • Filing returns and statements to higher officials
  • Various business procurements
  • Policy promotions and acquiring clients
  • The smooth running of the departments in the organization
  • Representing OICL to the prospective clients
  • Implementation of plans
  • Acquiring formal feedbacks for the company

OICL AO Career Prospects

The promotions are usually seniority based. An AO is promoted after 5 years, but, through a fast track channel, an AO can be promoted within 3 years as well.

However, the promotions at OICL are generally slow as compared to any other bank or insurance company. The hierarchy goes as Administrative Officer, Deputy Manager, Zonal Manager and so on.

OICL AO is a very secure job which accelerates your career as you work harder. As you work, your basic pay and perks will eventually increase. It is one of the respected and highly paid jobs.

No matter how hard the examination seems, it gives you a genuine and white-collar job. One must always give it a try if he/she is looking forward to withstanding their future aesthetically

Salary of OICL AO

The Basic Pay of OICL AO Salary is Rs. 32,795-(1610×14)-55,335-(1745×4)-62,315

This shows that the OICL AO will receive an initial basic Pay of Rs 32,795. Additionally, they will receive further allowances as well and along with this, they will have an annual increment of Rs. 1610 for 14 years.

  • Total Emolument – 51,000/-
  • A newly selected AO’s basic pay will be Rs. 32,795/-
  • He will get an annual increment of Rs. 1610/-
  • He will keep receiving such increments for 14 yearsand when the basic pay reaches Rs. 55,335/-, he will be eligible to get another increment of Rs. 1745/- for 4 more years till the salary reaches  Rs. 62,315/-.

OICL AO Perks & Allowances

  • Transport Allowance (TA)
  • House Rent Allowance (HRA)
  • Dearness Allowance (DA)
  • Medical charges Reimbursements
  • Reimbursements for newspapers, books, and furniture
  • Accident Insurance Reimbursement
  • Accommodation on Lease
  • Loans at very cheap rates

Conclusion

Oriental Insurance Company Limited is one of the oldest companies in the insurance sector. To manage its loyal old and new customers the company needs good and efficient staff that could cater to their needs.

So, if you are willing to work in this sector then you should start preparing according to its exam pattern so that you could qualify in your first attempt.

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