Actuary

7 days left

Employer
USAJobs
Location
Washington D.C.
Posted
Jul 20, 2018
Closes
Jul 28, 2018
Function
Administrative
Hours
Full Time
TRAVEL REQUIRED:

Not required


RELOCATION AUTHORIZED:
Relocation expenses reimbursed No


KEY REQUIREMENTS:
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  • Appointment to this position may require a background investigation.
  • Requires a probationary period if the requirement has not been met.
  • U.S. Citizenship.
  • Must be at least 16 years of age.
  • Subject to financial disclosure requirements at the GS-15 level.
  • Applicants must meet all legal and regulatory requirements.  Reference the "Required Documents" section for additional requirements.

    Basic Requirements:

    1. 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 of more courses in mathematics for which these calculus courses were prerequisites.

    OR

    1. Combination of education and experience that includes both of the following requirements:
    • Technical work experience in actuarial support work or in mathematics;

    and

    • Completion of a minimum of 24 semester hours of courses in actuarial science, mathematics, relevant statistics,business, finance, economics, insurance, or computer science at a four year college or university. 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.

    In addition to the Basic Requirements listed above applicants must also meet the Specialized Experience requirements.

    For the GS-14 Applicants must have 52 weeks of specialized experience equivalent to at least the next lower grade level the GS-13 level.
     
    Specialized Experience is defined as experience providing technical advice and guidance in any segment or component of the administration of actuarial program services under Employee Retirement Income Security Act (ERISA) and or the Internal Revenue Code (IRC). This may also include experience providing support and guidance to an actuarial resource in monitoring and implementing phases of an actuarial program.

    For the GS-15 Applicants must have 52 weeks of specialized experience equivalent to at least the next lower grade level the GS-14 level.

    Specialized Experience is defined as experience serving as an authoritative actuarial resource in the development, implementation and/or monitoring of actuarial policies and procedures services under the Employee Retirement Income Security Act (ERISA) and or the Internal Revenue Code (IRC). Examples of this experience might include: serving as the pricing actuary on a number of group health and welfare plans, managing a unit that performs complex actuarial calculations, valuations, or studies.
     

    College Transcript and Evaluation of Foreign Education - The Department of Labor does not recognize academic degrees from unauthorized secondary schools or post-secondary institutions that are not accredited by an accrediting body recognized by the Department of Education.  Any applicant falsely claiming an academic degree from an accredited school will be subject to actions ranging from disqualification from federal employment to removal from federal service. If your education was completed at a foreign college or university, you must show comparability to education received in accredited educational institutions in the United States and comparability to applicable minimum course work requirements for this position.   Click Evaluation of Foreign Education for more information.

    Refer to these links for more information: GENERAL INFORMATION,  ADDITIONAL DOCUMENTATION, FORMER FEDERAL EMPLOYEES

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    You will be evaluated for this job based on how well you meet the qualifications above.

    If you meet the minimum qualifications, you will be evaluated against the evaluation factors below and will be placed into a category based on your vacancy question responses.

    Categories

    Category A - Best Qualified-Meets the basic qualification requirements for the vacancy and has successful experience in the same or similar job that has demonstrated superior proficiency in applying critical competencies required by this position to work of increased levels of difficulty and complexity.

    Category B -Well Qualified- Meets the basic qualification requirements for the vacancy and demonstrates satisfactory proficiency in the critical competencies required by this position.

    Category C - Qualified- Meets the specialized experience described in the minimum qualifications requirements section of this announcement and demonstrates proficiency in the basic competencies.

    Evaluation Factors (Competencies) - All qualified applicants will be evaluated on the following key competencies:

    Oral/Written Communication – Ability to conceptualize, frame, and present complex issues in order to develop, write, and present well-organized, concise, decisive, and effective documents and testimony.

    Critical Thinking/Problem Solving - Ability to analyze difficult and complex policy and technical issues and to apply relevant laws, regulations, precedents and professional principles and theories.

    Interpersonal Skills - Shows understanding, professionalism, courtesy, tact, empathy, concern, and politeness, even with individuals who are difficult, hostile, or distressed. Demonstrates team effectiveness with sensitivity to the differences of others; e.g. diversity, race, gender, disabilities, and other individual differences.

    Technical Competence – Mastery of and skill in applying the principles, theories, and methodologies of analytical, mathematical, and methodological techniques of actuarial science


    The information you provide may be verified by a review of your work experience and/or education, by checking references and through other means (ex. interview).  The examining Human Resources Office (HRO) makes the final determination concerning applicant ratings.  Your resume MUST provide sufficient information to substantiate your responses to the vacancy questions.  If not, the HRO may amend your responses to more accurately reflect the level of competency indicated by the content of your resume.  Your evaluation may also include a review by a Human Resources Specialist or panel and may include other assessments (ex. interview, panel review, written test, writing sample, etc.)

    INFORMATION FOR ICTAP/CTAP ELIGIBLES ONLY: If you are eligible for special priority selection under ICTAP/CTAP, you must be well-qualified for the position to receive consideration.  ICTAP/CTAP eligibles who are placed into Category BWELL-QUALIFIED CATEGORY or higher will be considered "well-qualified".

    Click Application of Veterans Preference for Category Rating Jobs for more information.


    To preview questions please click here.

    Read more Security clearance Public Trust - Background Investigation

    Drug test required No


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