Call for External Collaborator – Senior Actuary expert on social insurance pensions and employment injury, 13th Actuarial Valuation of the National Insurance Fund and Feasibility Study of Unemployment Insurance Scheme. SOCPRO, ILO HQ (Албания - Тендер #67073499)

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 a data request for the actuarial valuation of the Employment Injury (EII) branch of the NIF. • Support data collection, validation of data and scheme provisions, preliminary analysis, actuarial guidance to NIB staff, and follow-up for additional data as needed. • Analyze EII experience since the last valuation (31 Dec 2022), comparing actuarial projections with realized results. • Peer review macroeconomic and demographic assumptions developed by the other senior actuary. • Complete statistical analysis of EII-specific data and establish projection assumptions. • Peer review projection assumptions for other NIF branches prepared by the other actuary. • Adapt ILO EII models to NIF characteristics, produce initial projections, validate and calibrate results. • Peer review model adjustments for other NIF branches. • For the EII branch, analyze reform options and policy considerations, calculate their impacts, and review other potential options for NIB. • Finalize projections, validate actuarial results, compile and analyze long-term financial projections, assess benefit adequacy, and produce consolidated actuarial balance sheets. • Draft EII report sections and peer review sections on other branches. • Submit draft report to NIB, incorporate comments, and finalize. • Peer review assumptions, model adjustments, projections, and report on unemployment insurance cost assessment. 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 reference and other relevant information in the ILO e-sourcing platform. Please submit your proposal before the specified deadline. Thank you.