Actuary (Direct Hire Authority) - Amended

Washington D.C.
Dec 12, 2018
Dec 12, 2018
Full Time

Occasional travel - You may be expected to travel for this position.

Relocation expenses reimbursed No

  • You must be a U.S. citizen to apply for this job.
  • Subject to a background/suitability investigation.
  • Designated and/or random drug testing may be required.
  • May serve a probationary period.
  • Selective Service Registration is required for males born after 12/31/1959.
  • A complete application package; Resume, Transcripts, etc.
  • Selected applicants will be required to complete an online onboarding process.
  • Telework: May be authorized.
  • Virtual: Position may be virtual for a Highly Qualified Candidate.
  • Work Schedule: Regular office hours, Monday through Friday. Alternate work schedules may be available.
  • There are three major requirements that must be met in order to qualify for this position. Those requirements are as follows and must be met by the closing date of the announcement:

    Requirement 1: A bachelor's (or higher level) degree that included courses in actuarial science, mathematics, relevant statistics, business, finance, economics, insurance, or computer sciences 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 those calculus courses were prerequisites.

    Requirement 2: A minimum of one year of specialized experience, equivalent to at least grade GS-12 in Federal or other service, that demonstrated mastery of advanced theories, practices, methods and principles of actuarial science sufficient to provide expert consultation to senior level staff and to other actuaries, analysts, and personnel on social or health insurance issues, study approaches, research techniques amendable to actuarial methods, and the validity of actuarial assumptions and methods. Such work would typically have involved planning, coordinating and analyzing recent financial experience and preparing estimates of future experience based on general social, economic, and demographic factors using a variety of actuarial techniques.

    Requirement 3: Current associateship or above in the Society of Actuaries; or associateship or above in the Casualty Actuary Society; or status as an Enrolled Actuary. You must submit proof as part of your application.

    In describing your experience, please be clear and specific. We will not make assumptions regarding your experience. Applicants who do not fully address in their resume the specialized experience needed for the position and who do not possess the education will not be further considered. You will be rated on the following competencies based on your application for this position and your response to the occupational questionnaire:

    1. Knowledge of actuarial sciences with a focus on other post-employment benefits.
    2. Ability to analyze, interpret and implement actuarial techniques based on actuarial and accounting standards when preparing and reporting on actuarial based estimates.
    3. Ability to evaluate, test and analyze data factors used to develop and support assumptions used in the estimates.
    4. Ability to communicate orally.
    5. Ability to communicate in writing.

    Note: Only education or degrees recognized by the U.S. Department of Education from accredited colleges, universities, schools, or institutions may be used to qualify for Federal employment. You can verify your education here:

    If you are using foreign education to meet qualification requirements, you must send a Certificate of Foreign Equivalency with your transcript in order to receive credit for that education.

    This announcement has been amended to extend the closing date to December 11, 2018.

    Position Description Title/PD#:

    Physical Requirements: The work is sedentary. Typically the employee may sit comfortably to do the work. The work does not require any special physical effort. The Department of Veterans Affairs provides reasonable accommodations for persons with disabilities.

    VA supports the use of telework as a way to help attract and retain talented individuals in public service, increase worker productivity, and better prepare the agency to operate during emergencies. This position may be authorized for telework. Telework eligibility will be discussed during the interview process.

    The Interagency Career Transition Assistance Plan (ICTAP) and Career Transition Assistance Plan (CTAP) provide eligible displaced VA competitive service employees with selection priority over other candidates for competitive service vacancies. To be well-qualified, applicants must possess experience that exceeds the minimum qualifications of the position including all selective factors if applicable, and must be proficient in most of the requirements of the job. Information about ICTAP and CTAP eligibility is on OPM's Career Transition Resources website which can be found at

    Receiving Service Credit for Earning Annual (Vacation) Leave: Federal Employees earn annual leave at a rate (4, 6 or 8 hours per pay period) which is based on the number of years they have served as a Federal employee. VA may offer newly-appointed Federal employee's credit for their job-related non-federal experience or active duty uniformed military service. This credited service can be used in determining the rate at which they earn annual leave. Such credit must be requested and approved prior to the appointment date and is not guaranteed.

    This job opportunity announcement may be used to fill additional vacancies.

    Alternate Application: If you are unable to apply online view the following Alternate Application Information instructions at

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


    Veterans' Preference: Since the Direct-Hire Recruitment Authority is being used, traditional Veterans' Preference rules do not apply. Qualified veterans will, however, be given full consideration for this position.

    Read more Security clearance Other

    Drug test required No

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