Company Description

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

The International Service for Remunerations and Pensions (ISRP) delivers a broad spectrum of specialized services to the Co-ordinated Organisations including NATO, ESA, EUMETSAT, ECMWF, Council of Europe, and OECD as well as to various Associated Organisations. Its expertise spans salary studies, statistical analysis, surveys, remuneration and pension management, legal advisory and fund management across international organisations and international financial institutions. The ISRP is administratively attached to the OECD

The Investment and Actuarial Unit(IAS)

The Investment and Actuarial Services (IAS) Unit within the ISRP provides integrated actuarial and investment support for the defined-benefit schemes and reserve funds of Co-ordinated and Associated Organisations. Its actuarial work includes evaluating accounting liabilities, setting demographic and mortality assumptions, analysing funding developments and calculating contribution rates. In parallel, its investment responsibilities involve supporting governance bodies by organising board and committee meetings, delivering decision-relevant analysis, managing contracts, monitoring performance and reporting on investments. By working closely across these actuarial and investment functions, IAS ensures coherent, data-driven advice that links long-term liabilities with sound investment oversight.

The Investment and Actuarial Unit is looking for a Junior Actuary who, under the supervision of the other actuaries of the ISRP, will carry out actuarial work for the ISRP’s Investment and Actuarial Services (IAS) Unit.

Job Description

Main Responsibilities

Actuarial Valuation and Reporting

• Carry out actuarial studies and valuations of post-employment benefit schemes (including pension, medical and long-term care plans) under both funding and accounting frameworks, ensuring high analytical standards and attention to detail.
• Draft clear, well-structured actuarial reports, technical notes and presentations, communicating findings effectively to both technical and non-technical audiences.

Assumption Development & Data Analysis

• Perform statistical analysis of population data to develop, document, and recommend key demographic and financial assumptions (e.g., mortality, medical costs), preferably in R

Actuarial Modelling

• Contribute directly to the enhancement, maintenance and validation of ISRP actuarial models.

Collaboration and Continuous Improvement

• Participate in cross-unit projects within the ISRP, fostering collaboration, mutual support and knowledge sharing.
• Stay current with emerging technical developments and industry best practices in the actuarial field.

Qualifications

Ideal Candidate Profile

Academic Background

• A university degree in actuarial science or in a related field. Fully qualified actuary required.

Professional Background

• At least three years work experience on actuarial matters related to pension schemes.
• Excellent data analysis skills and strong ability to use statistical analysis tools.
• Good knowledge of the legal and accounting principles governing defined-benefit schemes.
• Knowledge of financial market issues including related technical terminology.

Tools

• Strong command of statistical analysis tools including Stata, R and Visual Basic. A knowledge of other coding languages such as php would be an asset.
• Excellent knowledge of Microsoft Office (Excel, Word, Powerpoint).

Core Competencies

• OECD staff are expected to demonstrate behaviours aligned to six core competencies which will be assessed as part of this hiring processes: Vision and Strategy (Level 1); Enable People (Level 1); Ethics and Integrity (Level 2); Collaboration and Horizontality (Level 2); Achieve Results (Level 2); Innovate and Embrace Change (Level 2).
• To learn more about the definitions for each competency for levels 1-3, please refer to OECD Core Competencies.

Languages

• Fluency in one of the two OECD official languages (English and French) and knowledge of the other, with a commitment to reach a good working level.

Additional Information

Closing Date

• This vacancy will be filled as soon as possible, and applications should reach us no later than 23:59, 21 December 2025 (Paris time).

Contract Duration

• 36 months fixed-term appointment.

What the OECD offers

• Monthly salary starts at 6 717,19 EUR, plus allowances based on eligibility, exempt of French income tax.
• Click here to consult the Staff Regulations applicable to officials of the OECD. Please note that from 1 July 2025, all Official appointments will be made under the OECD’s new contractual modalities.
• 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 one grade lower in the specified job family, based on the qualifications and professional experience of the selected applicant.

Selection Process

For retained candidates, the selection process may include a video-recorded interview, job-based assessment and panel interviews.
A recorded video interview, together with a position-specific assessment, is scheduled to take place in January 2026.

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.

Please note that our Rules and Regulations stipulate that the mandatory retirement age is 67.

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.