E-Learning on Actuarial Modeling for Social Protection Analysts

E-Learning on Actuarial Modeling for Social Protection Analysts

E-Learning on Actuarial Modeling for Social Protection Analysts

5 October–20 November 2020
The course is available in English

National public pension systems are designed to sustain income security and prevent poverty, and in most countries redistribute funds which are a significant portion of the national GDP. Efficient governance supported by sound quantitative studies can make a lasting difference to the long-term sustainability of these systems. Given the uncertainty of future events and the complex interrelated nature of pension systems, projection methods and models are crucial for empowering policy-makers in design and monitoring. The aim of this course is to enhance the capacity of participants to use projection methods, develop actuarial models and build their own country-specific model based on the generic model of the ILO.

Key features

Innovative training methodologies and integrated use of digital learning technology


Learning begins at own pace, continues through high-quality, engaging “real time” sessions and ends with an individual assignment


Successful candidates will obtain an ITCILO Certificate of Achievement

Introduction to the course

Efficient governance supported by sound actuarial studies can make a lasting difference in the long-term success or failure of social protection systems. The adequacy and financial sustainability of long-term benefits provided under national public pension schemes have major policy implications. Actuarial studies are empowering policy-makers to better anticipate future deficits and achieve the policy objectives of social protection systems. Through a combination of lectures and applied modelling exercises, this course aims at reinforcing the technical skills needed for the long-term actuarial planning of national pension schemes and social protection systems.

Who attends this course?

The course is designed for quantitative specialists, such as economists, actuaries, statisticians, mathematicians, computer programmers, accountants and financial managers, involved in the financial planning of public pension schemes and other social protection programs.

What topics does this course cover?
  • Module A: Social protection framework: the context of the actuarial work in social protection at the national and international level
  • Module B: National projection: Demographic projection, labour force and employment projection and economic projection
  • Module C: Scheme-specific projection: Social security data analysis, scheme-specific past experience review and assumptions, and modeling scheme-specific projections
  • Module D: Validating and interpreting projection: Projection consistency and validation, interpretation of scheme-specific results and long-term sustainability and financing strategies
What will I learn?

Participants contextualize actuarial work in social protection at the national and international levels.

  • All about demographic, employment, and economic projections
  • How to utilize the social protection framework, from concepts to country-specific models
  • The importance of scheme-specific data analysis, past experience reviews, and assumptions
What will I be able to do?
  • Increase your technical knowledge and expertise on social protection financing methods and actuarial modelling needed for the effective design, management and monitoring of social protection system;
  • Learn how modelling can be used to project future social protection expenditure and revenues;
  • Utilize knowledge on actuarial methodologies and models;
  • Understand better and participate more actively in the actuarial and financial planning of social protection systems.
Why should I join?
  • Put learning into practice through an Integrated Applied Exercise focused on the development of a country-specific actuarial model
  • Participants join and interact with a diverse network of professionals engaging in issues of impact assessment of social protection
  • The course uses a mix of training methods: lectures, plenary discussions, good practices, case studies, group work, and individual exercises.
  • Take a step towards achieving the ITCILO Diploma for Social Protection, a new accreditation for the next generation of social protection practitioners

Diploma for Social Protection Analysts

This course qualifies for the ITCILO Diploma for Social Protection Analysts. Take three out of four eligible courses within a five year period, and complete a capstone project, to become part of a global cadre of practitioners with a recognised set of skills in social protection policy analysis.


The course consists of a number of online modules offered through the eCampus online platform to be completed over a period of six weeks for an estimated total of 60 learning hours.

The course is broken down into three phases:

  • Pre-course learning: Flexible (asynchronous) self-guided online learning on eCampus and an end of phase assessment
  • 'Real time' learning: Live interactive sessions and engaging video presentations by highly experienced trainers, blended with individual and collaborative group exercises, peer-to-peer assessment and online technical forums on eCampus 
  • End of course assignment: Individual assignment applying cutting-edge technical knowledge to the participants’ organisation. Participants who successfully complete all assessments and the final assignment will receive a Certificate of Achievement.

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