The ILO is seeking an External Collaborator to support actuarial modelling for the NSSF in South Africa. Support data collection, analysis, and assumptions update. Apply by 23 Jan 2026.
Call for External Collaborator: Support Actuary for NSSF Actuarial Modelling
| Organization | International Labour Organization (ILO) |
| Department | Social Protection Department (SOCPRO) |
| Location | ILO HQ (Geneva/Remote) / Beneficiary Country: South Africa |
| Reference | rfx_3129_HQ |
| Application Deadline | 23 January 2026 (12:00 GMT+1) |
Strategic Context
The International Labour Office (ILO) is supporting the comprehensive social security reform in South Africa. As part of this initiative, we are recruiting an External Collaborator to provide specialized technical support for the actuarial modelling of the proposed National Social Security Fund (NSSF).
The successful candidate will work directly with the Senior Actuary to update and refine the actuarial and financial models originally developed in 2021. This assignment is critical for ensuring the financial sustainability and robust design of the NSSF.
Scope of Work
The primary objective of this contract is to assist the Senior Actuary with data collection, rigorous analysis, and the preparation of inputs required to update the NSSF model.
Key Responsibilities
1. Data Collection and Input Updates
- Review Existing Models: Analyze the data and inputs used in the 2021 actuarial model to establish a baseline.
- Data Conversion: Master the specific tools required to convert raw data into usable actuarial model inputs.
- Sourcing New Data: Collect the most recent and relevant statistics from official sources, including:
- Demographics: Population projections, life expectancy, fertility, and mortality rates.
- Economics: GDP growth, inflation, wage levels, and interest rates.
- Labor Market: Employment rates, informality trends, and contribution bases.
- Contributor Data: Granular data from the Unemployment Insurance Fund and Government Employees Pension Fund.
- Macroeconomic Context: Incorporate post-COVID-19 recovery trajectories and updated macroeconomic scenarios.
2. Revision of Assumptions
- collaborate with the Senior Actuary to update critical actuarial assumptions, including:
- Contribution rates and salary progression.
- Retirement age and longevity improvements.
- Adjust assumptions to reflect current government policy intentions and economic forecasts.
3. Documentation and Reporting
- Draft the data section of a technical guidance note to facilitate future updates and capacity building.
- Contribute to the comprehensive actuarial report by drafting sections and appendices related to data collection methodology and analysis.
Contract Details
- Type: External Collaborator Contract (Individual Consultant).
- Beneficiary Country: South Africa (Work may be coordinated from HQ/Switzerland).
- Duration: To be confirmed upon selection.
Application Instructions
Closing Date: 23 January 2026 (12:00 GMT+1)
Interested candidates must submit their proposals via the ILO e-Sourcing platform.
Submission Requirements: Please ensure you have registered as a supplier on the UNGM portal to access the full tender documents and submission interface.
Click Here to Access the Tender on UNGM
The ILO is committed to diversity and inclusion. We encourage applications from qualified experts regardless of gender or background.