E-Learning on Actuarial Work for Social Security

E-Learning on Actuarial Work for Social Security

E-Learning on Actuarial Work for Social Security

3 May–11 June 2021
The course is available in English

This course is one of ten eligible courses for the Diploma For Social Protection Managers. To achieve the Diploma, successful candidates must complete four out of ten courses within a five year period and undertake a capstone assessment.

Introduction to the course

This e-Learning course will focus on the crucial elements of actuarial work in social security, which are central to the assessment of the financial sustainability of a social security system. The training will provide an in-depth analysis and understanding of the Guidelines, as well as an action-oriented and engaging discussion platform on their possible applications.

Who attends this course?

The course is designed for social security professionals of ISSA member organizations. Participants should be actuaries or hold positions directly related to actuarial work. Course learning materials and tuition will be offered online in English. The following requirements are therefore essential for participation in this course: the ability to access and use a computer with an internet connection; a working knowledge of written English.

What will I learn?

This course uses the ISSA/ILO Guidelines on Actuarial Work in Social Security as a framework for assessing challenges and identifying innovations.

  • Valuation of social security schemes: definition, aims and responsibilities of the actuary
  • Operational management: key phases and role played by the actuary
  • Investment: main financial and investment issues; management of reserve funds and investment governance
  • Reporting, communication and disclosure: their role in good governance
  • Risk management and analysis: definition of a risk management framework and the role of actuaries
  • Regulatory issues, standards and professional guidance: the importance of compliance with national requirements and impacts on social security institutions
  • Policy and strategy issues: design, implementation and operation of social security schemes
  • Actuarial expertise, staffing and training: principles, conditions and requirements of actuaries; actions to train actuaries.
What will I be able to do?
  • Understand core approaches to improvement of actuarial work based on international best practice
  • Identify roles and responsibilities of actuaries in the field of social security
  • Utilise the ISSA/ILO Guidelines as a framework for improvement of actuarial work within national social security institutions
  • Develop country-tailored innovations drawing on experience from other countries.
Why should I join?
  • ISSA-accredited experts with decades of international experience in social security administration
  • Join and interact online with a network of professionals from other ISSA member organizations to share learning and best practices
  • This new e-learning course consists of a blend of online resources on good practices and case studies, ‘real time’ interactive sessions led by highly experienced trainers, individual and collaborative group exercises using our eCampus platform
  • Successful candidates receive an ITCILO Certificate of Achievement.
How?

The course consists of a number of online modules offered through the eCampus online platform to be completed over a period of six weeks from 3 May to 11 June 2021, 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 ISSA Guidelines to the participants organization. Participants who successfully complete all assessments and the final assignment will receive a Certificate of Achievement.