The Organisation for Economic Co-operation and Development (OECD) is an international organisation comprised of 38 member countries, that works to build better policies for better lives. Our mission is to promote policies that will improve the economic and social well-being of people around the world.  Together with governments, policy makers and citizens, we work on establishing evidence-based international standards, and finding solutions to a range of social, economic and environmental challenges. From improving economic performance and creating jobs to fostering strong education and fighting international tax evasion, we provide a unique forum and knowledge hub for data and analysis, exchange of experiences, best-practice sharing, and advice on public policies and international standard-setting.

The International Service for Remunerations and Pensions (www.sirp-isrp.org) is committed to providing studies on remuneration and pension policies of International Civil Servants, and to administering the pensions of the Co-ordinated Organisations: the OECD, North Atlantic Treaty Organization (NATO), the European Space Agency (ESA), the Council of Europe (COE), the European Centre for Medium-Range Weather Forecasts (ECMWF), the European Organisation for the Exploitation of Meteorological Satellites (EUMETSAT) and other international organisations. In parallel, the ISRP administers Pension Reserve Funds for several international organisations.

The ISRP is administratively attached to the OECD.

The ISRP is looking for a qualified actuary who will work under the supervision of the Head of its Actuarial Unit.

Main Responsibilities

Technical duties

• Perform actuarial calculations using the existing actuarial models of pension schemes.
• Participate in the development and constant improvement of actuarial models.
• Perform ALM analysis and collaborate with the Fund Administration Unit when needed.
• Participate in the update of the International Civil Servants' mortality tables and databases necessary to conduct actuarial studies.
• Carry out pension and medical accounting studies under IPSAS and IAS standards.

Analysis

• Write actuarial reports  based on the various studies, providing actuarial recommendations when needed.
• Write financial statements on pension and medical insurance obligations and on any other defined-benefit scheme, in compliance with international accounting standards.

Other tasks

• Participate in the daily running of the Service; provide assistance and recommendations to the Fund Administration and Co-ordination Secretariat Units of the ISRP, the Co-ordinated Organisations and the Associated Organisations.

Ideal Candidate Profile

Academic Background

• An advanced university degree in maths and/or actuarial science.

Professional Background

• At least five years’  experience as a pensions' actuary.
• Membership of a professional association of actuaries.
• Good knowledge of the accounting principles governing defined-benefit schemes.
• Good knowledge of financial market issues
• Good knowledge of pension scheme's asset and liability management.
• Knowledge of pension funding and pension fund investments would be an asset.

Tools

• Strong command of IT tools, especially Excel (including Visual Basic), but also good knowledge of statistical analysis tools like R. Basic knowledge of php would be an advantage.

Languages

• Working knowledge of both OECD official languages (English and French) would be an asset.

Core Competencies

• For this role, the following competencies would be particularly important: Achievement focus, Analytical thinking, Drafting skills, Flexible thinking, Teamwork, Client focus,  Organisational knowledge, Strategic networking, Strategic thinking.
• Please refer to the level 3 indicators of the OECD Core Competencies.

Contract Duration

• Two-year fixed term appointment, with the possibility of renewal.

What the OECD offers

• Depending on level of experience, monthly salary starts at either 6,309 EUR or 7,785 EUR, plus allowances based on eligibility, exempt of French income tax.
• Click here to learn more about what we offer and why the OECD is a great place to work.
• Click here to browse our People Management Guidebook and learn more about all aspects relating to people at the OECD, our workplace environment and many other policies supporting staff in their daily life.

Please note that the appointment may be made at a lower grade based on the qualifications and professional experience of the selected applicant.

Selection Process

For retained candidates, written tests are foreseen for the week of 25 July 2022 and panel interviews are planned for the week of September 5th 2022.

The OECD is an equal opportunity employer and welcomes the applications of all qualified candidates who are nationals of OECD member countries, irrespective of their racial or ethnic origin, opinions or beliefs, gender, sexual orientation, health or disabilities.

The OECD promotes an optimal use of resources in order to improve its efficiency and effectiveness. Staff members are encouraged to actively contribute to this goal.