Actuarial assessment of the proposed unemployment insurance scheme in Georgia

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: The External Collaborator is expected to update the actuarial assessment carried out in 2023, namely, Strengthening Social Protection for Workers in Georgia, Report II Actuarial assessment of the proposed unemployment insurance scheme based on the most updated information available. Firstly, the collaborator will draft the data request for constructing the demographic and economic frames as well as the main modules of the projections of income and expenditure of the proposed options of unemployment insurance scheme in Georgia and communicate with the authorities on the clarifications and details of the data request. The collaborator will then elaborate the assumptions for the cost estimates based on the obtained data and renew the cost estimate of the design options. The collaborator will draft the actuarial assessment report similar to the format in the previous report, submit the report to the review and comments by the ILO as well as the Government authorities and make online presentations to the tripartite partners. After consolidating all comments of the ILO as well as the tripartite partners, the collaborator will finalise the report and deliver the final report and the model and the technical documents on the model to the Constituents and 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.