The superconducting critical temperature T_c of intercalated iron-selenide superconductor (Li,Fe)OHFeSe (FeSe11111) can be increased to 42 from 8 K of bulk FeSe. It shows remarkably similar electronic properties as the high-T_c monolayer FeSe and provides a bulk counterpart to investigate the origin of enhanced superconductivity. Unraveling the nature of excitations is crucial for understanding the pairing mechanism in high-T_c iron selenides. Here we use resonant inelastic x-ray scattering (RIXS) to investigate the excitations in FeSe11111. Our high-quality data exhibit several Raman-like excitations, which are dispersionless and isotropic in momentum transfer in both superconducting 28 K and 42 K samples. Using atomic multiplet calculations, we assign the low-energy ~0.3 and 0.7 eV Raman peaks as local e_g - e_g and e_g - t_2g orbital excitations. The intensity of these two features decreases with increasing temperature, suggesting a dominating contribution of the orbital fluctuations. Our results highlight the importance of the orbital degree of freedom for high-T_c iron selenides.