Actuary

Employer
USAJobs
Location
Washington D.C.
Posted
Jul 13, 2017
Closes
Aug 14, 2017
Function
Administrative
Hours
Full Time
JOB SUMMARY:

About the Agency

When disaster strikes, America looks to the Federal Emergency Management Agency (FEMA). Now FEMA looks to you. Join our team and use your talent to support Americans in their times of greatest need. FEMA prepares the nation for all hazards and manages Federal response and recovery efforts following any national incident. We foster innovation, reward performance and creativity, and provide challenges on a routine basis with a well-skilled, knowledgeable, high performance workforce. Please visit www.fema.gov for additional information.

The ideal candidate has experience working for an insurance or re-insurance company in pricing, reserving and developing insurance products. This position starts at a salary of $112,021 (GS-14). Apply for this exciting opportunity to become a member of the Federal Insurance and Mitigation Administration team within FEMA.

EMERGENCY ASSIGNMENT: Every FEMA employee has regular and recurring emergency management responsibilities, though not every position requires routine deployment to disaster sites. All positions are subject to recall around the clock for emergency management operations, which may require irregular work hours, work at locations other than the official duty station, and may include duties other than those specified in the employee's official position description. Travel requirements in support of emergency operations may be extensive in nature (weeks to months), with little advance notice, and may require employees to relocate to emergency sites with physically austere and operationally challenging conditions.


TRAVEL REQUIRED:
  • Occasional Travel
  • This position may require occasional non-emergency travel 5%

RELOCATION AUTHORIZED:
  • No

KEY REQUIREMENTS:
  • You must be a U.S. citizen to apply for this position.
  • You must successfully pass a background investigation.
  • Selective Service registration required.
  • Please review "Other Information" section for additional key requirements.
  • The qualification requirements listed below must be met within 30 days of the closing date of this announcement.

    NOTE: Qualifications are based on breadth/level of experience. In addition to describing duties performed, applicants must provide the exact dates of each period of employment (from MM/YY to MM/YY) and the number of hours worked per week if part time. As qualification determinations cannot be made when resumes do not include the required information, failure to provide this information may result in disqualification. Applicants are encouraged to use the USAJOBS Resume Builder to develop their federal resume. For a brief video on How to Create a Federal Resume, click here.

    Current or former FEMA Reservists/DAE employees: To accurately credit your experience for these intermittent positions, make sure to list the dates (from MM/YY to MM/YY) of each deployment, along with the job title and specific duties you were responsible for during each deployment. Failure to provide this information may result in disqualification.

    The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, Non-career SES or Presidential Appointee employee in the Executive Branch, you must disclose this information to the Human Resources Office.

    A bachelor's degree that included courses in actuarial science, mathematics, relevant statistics, business,
    finance, economics, insurance, or computer science totaling at least 24 semester hours. This course work
    must have included a minimum of 12 semester hours of mathematics that included differential and
    integral calculus and one or more courses in mathematics for which these calculus courses were prerequisites.
    AND
    One year of actuarial experience equivalent to the GS-13 level.

    In addition to the Individual Occupational Requirement described above, you must meet the following requirement(s) to be considered qualified for the position:

    You qualify for this position at the GS-14 level (starting salary $112,021) if you possess the following:
    One full year of specialized experience, equivalent to the GS-13 level, that demonstrates 1) Developing actuarial reports and communications to support decision making; 2) Performing statistical and actuarial projections for insurance coverage; and 3) Conducting studies on insurance programs.

    Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g. Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills, and provides valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

    Public Trust - Background Investigation


    DUTIES:

    In this position, you will serve as an Actuary. Typical assignments include:

    • Performs quantitative analyses and actuarial support including rate-making for existing and for new coverages based on consideration of loss experience and theoretical damage and frequency data resulting from hydrologic studies, and the study of the catastrophic loss funding requirements unique to the National Flood Insurance Program(NFIP).
    • Performs quantitative analyses and actuarial support to provide management with quantitative basis for making program decisions on the size, scope and mechanism for providing insurance.
    • Acts as representative of the Deputy Administrator with contractor staff, insurance companies and their industry advisory groups, and others in policy matters concerning the Write Your Own {WYO) Statistical Plan and actuarial aspects of the NFIP.
    • Prepares and presents briefings explaining and defending studies and results to various internal and external groups.
    • Serves as the expert technical advisor for the development of actuarial policy used as guidelines for Insurance Underwriters and Write Your Own (WYO) Companies nationwide.