en

18 November 2019 - 29 November 2019

Actuarial modeling for social protection analysts

18 November 2019 - 29 November 2019

Actuarial modeling for social protection analysts

Actuarial modeling for social protection analysts

Course Information

18 November 2019 - 29 November 2019

English

Turin Centre

Code: A9012029

English

Enrolment deadline: 18 October 2019

facebook twitter google plus linkedin whatsapp

Description

Description

National public pension systems are designed to sustain income security and prevent poverty. In most countries, they redistribute funds which are significant portions of the national GDP. Efficient governance supported by sound quantitative studies can make a lasting difference. Financial specialists working for social protection schemes must deal with uncertain future events and with complex interrelated systems. They must use projection methods and models for empowering policy-makers in the design and monitoring of pension schemes. The workshop on Actuarial Modeling for Social Protection Analysts will help social security staff responsible for quantitative studies, social budgeting and actuarial modeling to do their job more efficiently.

Target audience

Target audience

The two-week workshop is designed for participants committed to furthering the social protection with innovative, practical methods and cutting-edge techniques. More precisely, the workshop is designed for technical officials responsible for financial planning and monitoring of pension schemes: a) Quantitative specialists (such as economists, actuaries, statisticians, mathematicians, computer programmers, accountants and financial managers) of social security organization administration staff; b) Quantitative specialists of government finance and treasury departments and departments responsible for social protection; c) Quantitative specialists of pension fund regulators and supervisors. Important requirement: All participants must have full command of Excel and Visual Basic. As an organization dedicated to fundamental human rights and social justice, the ILO is taking a leading role in international efforts to promote and realize gender equality. In line with this ILO focus, women candidates are especially welcome.

Objectives

Objectives

The workshop provides advanced knowledge and modeling tools needed for the effective design, management and monitoring of pension schemes. The main aim of the workshop 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. At the end of the workshop, participants will be better equipped to understand and participate in the financial planning of their institutions through actuarial projections.

Structure and Contents

Structure and Contents

The two-week workshop will cover the following topics:

Module A: Social protection framework
• Social protection financing concepts, design and policy
• Context of the actuarial work in social protection at the national and international level
• Concept of the generic ILO models

Module B: National projection
• Demographic projection
• Labour force and employment projection
• Economic projection

Module C: Scheme-specific projection
• Social security data analysis
• Scheme-specific past experience review and assumptions
• Modeling scheme-specific projections

Module D: Validating and interpreting projection
• Projection consistency and validation
• Interpretation of scheme-specific results
• Long-term sustainability and fi nancing strategies

Methodology

Methodology

Training process

The ITC promotes a three phase approach in its learning activities:

  • Phase I: Pre-course information on the Internetbased learning platform
    • Three weeks before the course
  • Phase II: Face-to-Face workshop
    • Two week course in Turin
  • Phase III: Post-Training on the Internetbased learning platform
    • Following the face to face course

The workshop is based principally on the existing set of ILO projection models, ILO technical guides and the ILO Quantitative methods in social protection series. The workshop will combine lectures, tailormade modeling exercises, discussions and group work. An action-oriented, participative approach will be used.

Language

Language

English

Certification

Certification

Background and Objective

The International Certification for Social Protection Analysts is a new initiative of the International Training Centre of the ILO (ITCILO). Its central objective is to reinforce the capacity of Social Protection Analysts through critical professional training in the planning, design, governance and management of national social protection systems ILO member states.

The central objectives of the International Certification are to:

  • Increase the competences of Social Protection Analysts
  • Ensure – through a rigorous certification process - that these Social Protection Analysts have sound and up-to-date skills and the capacity to improve the policies and management of national social protection systems and to provide policy advice and the quantitative evidence base for policy decision making through financial, economic and fiscal and social impact analyses of social protection policies,
  • Build a marinating network of Social Protection Analysts which serve as a permanent challenge for the exchange of national and personal experience and thus create a powerful conduit for life-long learning from real world experience.

Certification Process

International Certification


The International Certification is composed of four social protection courses. Participants need to complete three courses out of the four qualified courses within a 5-year period in order to earn the “Social Protection Analysts” recognition. The International Certification represents 450 learning hours. 

During each of the three courses, participants have the opportunity to take advantage of a rich and flexible learning programme, which guarantees a steep learning curve in an international environment of knowledge exchange. It also provides a unique opportunity for networking with a large pool of social security experts.

Cost of Participation and Applications

Cost of Participation and Applications

Participation in the course costs Euro 3.735 (Euro 2.335 for tuition fees and Euro 1.400 for subsistence), excluding international air travel and airport transfers.


This is payable in advance. This covers: tuition fees; the use of training facilities and support services; training
materials and books; accommodation and full board at the Centre’s campus; emergency medical care and
insurance.


For information regarding payment, cancellation and refunds, please consult: 

http://www.itcilo.org/en/training-offer/how-to-apply

Applicants should complete the online nomination form no later than 18 October 2019, supported by a nomination letter from the sponsoring institution indicating how the participant will be financed.


The form can be found at https://oarf2.itcilo.org/STF/A9012029/en


Please note that if a Schengen visa for Italy is needed, the time required is on average at least five weeks.

Add more info

spgt@itcilo.org

Tuition cost: 2335

Subsistence cost: 1400

Total cost: 3735

 

International Training Centre of the ILO

Viale Maestri del Lavoro, 10
10127 Turin - Italy

Contact us