Call for External Collaborator – Senior Actuary expert on social insurance pensions and unemployment insurance, Universal Social Protection Department, 13th Actuarial Valuation of the National Insurance Fund and Feasibility Study of Unempl. SOCPRO, ILO HQ. (Албания - Тендер #67073498)

Description

Dear Bidder, The International Labour Office (ILO) is looking for an individual to undertake work as an External Collaborator. Below is a summary of the work to be performed: • Prepare data requests for the actuarial valuation of all NIF branches (except EII) and for the cost assessment of an unemployment insurance (UI) scheme. • Support data collection, validation, scheme provisions, statistical analysis, actuarial guidance to NIB staff, and follow-up for additional data. • Analyze NIF experience since the last valuation (31 Dec 2022), comparing projections with actual results. • Develop macroeconomic and demographic assumptions. • Complete statistical analysis of scheme-specific data and UI cost assessment data. • Participate in online meetings to design UI options. • Establish projection assumptions for all NIF branches (except EII) and for the UI cost assessment. • Peer review assumptions for the EII branch developed by the other actuary. • Adjust ILO-PENS models to NIF specifics and produce initial projections. • Adapt the ILO-UI model to selected UI design options. • Validate initial results and calibrate models. • Peer review adjustments to the ILO-EII model. • Analyze reform options, policy considerations, and their impacts, including additional relevant options. • Finalize projections for all branches (except EII), validate results, compile analyses, assess long-term sustainability and benefit adequacy, and produce consolidated actuarial balance sheets. • Draft report sections for all branches (except EII) and peer review EII sections. • Submit draft actuarial valuation report to NIB, integrate comments, and finalize. • Draft UI cost assessment report, submit to NIB for comments, and finalize. Please note that if travel is required for this assignment, the necessary travel costs will be covered by the ILO. If you are interested, please express interest and follow the instructions attached to consult the detailed terms of refer