Social Security and Risk Management training course

Available Dates

Venue

Dec-30-2024

Amsterdam
Dec-30-2024

Dubai
Dec-30-2024

Barcelona
Jan-27-2025

Amsterdam
Jan-27-2025

Barcelona
Jan-27-2025

Paris
Jan-27-2025

Istanbul
Jan-27-2025

Kuala Lumpur
Jan-27-2025

Singapore
Feb-03-2025

Dubai
Feb-03-2025

London
Apr-28-2025

Amsterdam
Apr-28-2025

Barcelona
Apr-28-2025

London
Apr-28-2025

Paris
Apr-28-2025

Istanbul
Apr-28-2025

Kuala Lumpur
Apr-28-2025

Singapore
Apr-28-2025

Dubai
June-23-2025

Dubai
June-23-2025

London
July-28-2025

Paris
July-28-2025

Barcelona
July-28-2025

Istanbul
July-28-2025

Singapore
July-28-2025

Kuala Lumpur
July-28-2025

Amsterdam
Aug-04-2025

London
Aug-04-2025

Dubai
Oct-06-2025

London
Oct-06-2025

Dubai
Oct-27-2025

Barcelona
Oct-27-2025

Paris
Oct-27-2025

Amsterdam
Oct-27-2025

Istanbul
Oct-27-2025

Kuala Lumpur
Oct-27-2025

Singapore
Dec-01-2025

London
Dec-01-2025

Dubai

Course Details

Social security systems are crucial for providing a safety net that supports individuals and families, especially during times of crisis. According to the World Bank, comprehensive social protection systems help poor and vulnerable populations cope with crises, secure jobs, invest in health and education, and support the aging population, playing a significant role in reducing poverty and promoting economic stability.

Effective risk management is crucial for maintaining the stability and reliability of social security systems. Proper risk management ensures that these systems can withstand financial pressures, demographic changes, and other uncertainties, protecting both beneficiaries and the overall economic environment. This advanced course will equip you with the knowledge and skills to manage complex social security systems and effectively mitigate associated risks.

Throughout this course, you will explore the evolution, standards, and impacts of social security, gain insights into barriers and challenges, and learn strategies for extending coverage and financing these systems. Additionally, the course covers risk management techniques, effective management practices, and the role of actuarial reports in identifying and mitigating risks.

Upon completion of Social Security & Risk Management, participants will be able to understand:

The fundamentals of social security, including its types, significance, standards and regulations
The long-term and short-term impact of social security at different levels and barriers stand against social security
Strategies for extending social security coverage
Social security funding methods and fiscal space
Types of risks in social securities and how to manage them
The practices for effective management of social security, including governance, communication, coordination, monitoring and evaluation, and capital development
The component of actuarial reports and how to develop an effective one

Social Security Administrators
Risk Management Professionals
Actuaries & Financial Analysts
Government Officials and Policy Makers
HR & Employee Benefits Managers
Anyone interested in Social Security

Course Outline

10 days course

Day 1

Day 2

Day 3

Day 4

Day 5

Day 6

Day 7

Day 8

Day 9

Day 10

Introduction to Social Security

Introduction to the concept of social security and its significance
Discussing the evolution of social security
Exploring types of social security benefits:

Retirement benefits
Disability benefits
Spousal benefits
Survivor benefits
Medical benefits

Eligibility requirements for social security benefits
Case study: Analyzing examples of social security systems and highlighting its main features and challenges

Standards and Regulations for Social Security

Exploring international social security standards and regulations
Analyzing international social security laws
Discussing the best practices in social security
Analyzing social security data from different counties to measure their performance against international standards
Discussing the impact of global trends on social protection

The Impact of Social Security

Discussing the impact of different social securities programs on individual, household, and society levels
Differentiating between short-term impact and long-term impact
Case studies about the impact of social security
Methods for assessing the impact of social security programs
Discussing alternatives to social security

Barriers to Social Security

Identifying the impact of social security absence
Discussing challenges of current pension systems
Understanding the universal health coverage and barriers to achieve it
Discussing how targeting in social programs is challenging
Assessing methods used for targeting

Extension of Social Security Coverage

Understanding the significance of extending social security coverage
Discussing the challenges of extending social securities to the information sector
Strategies for the extension of coverage
Steps for developing an evidence-based extension coverage strategy
Discussing the importance of stakeholder engagement in formulating coverage strategy
Case studies about successful strategies for extension social security coverage

Financing Social Security

Discussing how social security system is funded:

Taxation
Trust funds
Trust fund investments
Pay-as-you-go financing
Daily funding operations

Understanding the parameters of financing systems
Understanding fiscal space and its significance in financing social security
Exploring methods for identifying and analyzing fiscal space
Utilizing actuarial planning to assess and manage financial risks

Risk Management in Social Security

Risk categories in social security systems:

Financial risks
Insurance and demographic risks
Strategic risk
Operational risks

Understanding the enterprise risk management (ERM) approach and its role in managing social security systems risk
Exploring the process of risk management:

Strategic planning
Risk identification and analysis
Risk measurement
Risk control & treatment
Risk monitoring & reporting

Understanding how to strategically plan for risk management
Discussing how to identify risk in social security systems

Effective Management of Social Security

Understanding the management structure in social security institutes
Exploring good governance practices for social security
Developing communication and coordination strategies for effective management
Monitoring and evaluation process for measuring the performance social programs
Strategies for capacity development
Case studies about effective social security management

Actuarial Reports in Social Security

Defining actuarial report and understanding its purpose
Exploring the elements of actuarial report
Discussing the significance of actuarial reports in identifying social security risks
Understanding the statistical methods used for actuarial reporting
Discussing challenges in using actuarial reports
Activity: Develop an actuarial report

Continuous Improvement

Understanding the political acceptability of social security
Identifying the benefits of political acceptability
The importance of social dialogue for social security reforms and policies
Discussing the influence of political economy in social security
Lesson learned and best practices
Course evaluation and feedback

Social Security and Risk Management

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