The social security institution should ensure that the skills and experience requirements of internal and external actuaries undertaking work for the organisation are well defined, adequate and monitored. The institution should support the efforts of actuaries in obtaining relevant qualifications and undertake training and continuing professional development activities as set out by national or international professional bodies. The social security institution should consider a range of issues when assessing whether an internal or external actuary is more appropriate to carry out actuarial work. There should also be appropriate coordination and communication between the actuary/actuarial department and finance and human resource departments to ensure objectives are met and that the resources to carry out the tasks are available.
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