Social Insurance and Risk Management: Principles & Practice Event, 05.May.2025

Course Description

This comprehensive 5-day course provides an in-depth exploration of social insurance systems and risk management strategies. Participants will gain a thorough understanding of social protection programs, their design, implementation, and evaluation. The course covers key concepts, analytical tools, and best practices in social insurance and risk management across various contexts.

Learning Objectives

• Understand the fundamental principles and types of social insurance programs
• Analyze risk factors and develop effective risk management strategies
• Evaluate the design and implementation of social protection policies
• Apply analytical tools to assess the financial sustainability of social insurance systems
• Develop skills to optimize program efficiency and effectiveness
• Understand the role of technology and data analytics in modern social insurance systems

Course Modules

Day 1: Foundations of Social Insurance

• Introduction to social insurance concepts and principles
• Types of social insurance programs (pension, health, unemployment, disability)
• Historical development and current trends in social protection
• Stakeholders and institutional frameworks in social insurance

Day 2: Risk Management in Social Insurance

• Fundamentals of risk management
• Identifying and assessing risks in social insurance programs
• Risk mitigation strategies and tools
• Case studies in social insurance risk management

Day 3: Design and Implementation of Social Protection Policies

• Policy design principles for effective social insurance
• Coverage, eligibility, and benefit structures
• Financing mechanisms and fiscal sustainability
• Implementation challenges and best practices
• Monitoring and evaluation frameworks

Day 4: Financial Analysis and Actuarial Techniques

• Actuarial principles in social insurance
• Financial modeling and projections
• Assessing long-term sustainability of programs
• Investment strategies for social insurance funds

Day 5: Innovation and Future Trends

• Technology and digitalization in social insurance administration
• Data analytics and evidence-based policymaking
• Emerging risks and adaptive social protection
• International perspectives and cross-country comparisons
• Future challenges and opportunities in social insurance

Practical Wins for Participants

• Ability to conduct comprehensive risk assessments for social insurance programs
• Skills to design and evaluate social protection policies
• Proficiency in using analytical tools for financial sustainability analysis
• Understanding of innovative approaches to optimize program efficiency and effectiveness