ACTUARY

Employer
USAJobs
Location
Alexandria, Virginia
Posted
Sep 21, 2019
Closes
Sep 24, 2019
Function
Administrative
Hours
Full Time
Duties

Summary

The DoD Office of the Actuary provides actuarial expertise on all matters relating to military compensation and benefits.

Learn more about this agency

Responsibilities

As a ACTUARY at the GS-1510-15 some of your typical work assignments may include:
  • Providing expert advice and assistance to the DoD Chief Actuary in support of the Under Secretary of Defense (Personnel and Readiness) on all actuarial matters bearing on current, proposed, or alternative DoD military personnel benefit programs, to include the military retiree health benefits and program costs.
  • Conducting actuarial analysis and research in a number of highly significant areas including: the cost of current or proposed military benefit plans; the areas of current and alternative post-retirement health care for military members, dependents, and survivors.
  • Serving as a principal advisor to the Chief Actuary on actuarial science as well as assisting in personnel hiring decisions, including recruiting.
  • Reviewing and evaluating literature and legislative proposals, from an actuarial point of view, to modify the present military retirement health care system.
  • Working closely with attorneys in drafting proposed legislative changes to insure proper interpretation and implementation of their actuarial recommendations.
  • Working closely with the regulation writers on the implementation of proposals that are enacted into law.
  • Preparing reports, briefings, conference presentation, etc., of analyses and research completed for professional journals as well as in laymen terms.


Travel Required

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

Supervisory status
No

Promotion Potential
None

Requirements

Conditions of Employment

  • Must be a U.S. citizen
  • Males born after 12-31-59 must be registered for Selective Service
  • Resume and supporting documents (See How To Apply)
  • Suitable for Federal employment, determined by a background investigation
  • May be required to successfully complete a probationary period
  • Work Schedule: Fulltime
  • Overtime: Occasionally
  • Tour of Duty: Flexible
  • Recruitment Incentives: Not Authorized
  • Fair Labor Standards Act (FLSA): Exempt
  • Financial Disclosure: Required
  • Telework Eligibility: This position is telework eligible


Qualifications

You may qualify at the GS-15, if you fulfill the following qualifications:

A. One year of specialized experience equivalent to the GS-14 grade level in the Federal service:
  • Extensive knowledge of civilian/military retiree health benefit programs.
  • Applying analysis, statistics, mathematics, and finance to provide advanced plans covering the contingencies of military/civilian retiree health benefits.
  • Developing alternatives to civilian/military retiree health benefits.
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 can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

Applicants must also meet the Selective Placement Factor for this announcement: Selectee must be a current member in either the Society of Actuaries or the Casualty Actuarial Society, either at the Associate or Fellow level, and be able to provide Statements of Actuarial Opinions. Documentation of that certification must be included in the application.

In addition to meeting qualifications, your application package must reflect the applicable experience to meet the Individual Occupational Requirements for the 1510 series:

One year of actuarial experience equivalent to the next lower grade level;
and
A course of educational study that includes: 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.

*NOTE: Failure to provide transcripts will result in you being rated ineligible for this position.

Education

Substitution of education may not be used in lieu of specialized experience for this grade level.

FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: Foreign Education

Additional information

Re-employed Annuitant: This position does not meet criteria for re-employed annuitant. The DoD criteria for hiring Re-employed Annuitants can be found at: http://www.esd.whs.mil/Portals/54/Documents/DD/issuances/140025/1400.25-V300.pdf

All applicants must meet qualifications and eligibility criteria by the closing date of the announcement.

Interagency Career Transition Assistance Programs:
This program applies to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must: 1) meet ICTAP eligibility criteria; 2) be rated well-qualified for the position; Well qualified is defined as possessing the type and quality of experience that exceeds the positions minimum qualifications. and 3) submit the appropriate documentation to support your ICTAP eligibility. For more information:
https://www.opm.gov/policy-data-oversight/workforce-restructuring/employee-guide-to-career-transition/

How You Will Be Evaluated

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

We will review your resume and supporting documents, to ensure you meet the basic qualification requirements. We will evaluate each applicant who meets the basic qualifications on the information provided and evaluate your relevant work experiences as it relates to fundamental competencies, identified below, required for this position.

Competencies:
  • Actuarial Science
  • Data Analysis
  • Military Retiree Health Benefits Research


Based on the results of this evaluation, you will be placed in one of the following quality categories:

Best Qualified:
This highest category will be used for those candidates who possess the type and quality of experience that substantially exceeds the minimum qualifications of the position, including any selective placement factors and/or appropriate quality ranking factor(s), as determined by the job analysis.
Highly Qualified: This higher category will be used for those candidates who possess the type and quality of experience that exceed the minimum qualifications of the position, including any selective placement factors and/or appropriate quality ranking factor(s) as determined by the job analysis.
Qualified: This lowest category will be used for those candidates that meet the minimum qualifications of the position, including all selective placement factors and appropriate quality ranking factor(s) and are proficient in some, but not all, of the requirements of the position. Candidates may require extensive training and/or orientation in order to satisfactorily perform the duties of the position. https://www.opm.gov/policy-data-oversight/hiring-information/competitive-hiring/#url=Category-Rating

Names of the candidates in the Best Qualified category will be sent first to the hiring manager for employment consideration. Applicants in other categories will be referred in accordance with category rating procedures.

Veterans Preference:
If you are entitled to veterans preference, you should indicate the type of veterans' preference you are claiming on your resume. Your veterans' preference entitlement will be verified by the employing agency. If you are entitled to veterans' preference and qualified for the position, your name will be placed above non-preference candidates on a list sent to the hiring manager for employment consideration. Qualified veterans' preference eligible with a service-connected disability of 10% or more will be listed at the top of the highest quality category depending on the position and grade level of the job.
For information on entitlement see http://www.fedshirevets.gov/job/vetpref/index.aspx .

Military Spouse Preference: If you are entitled to military spouse preference, in order to receive this preference you must choose the spousal eligibility in your application package referencing MSP Military Spouse Preference. Your preference entitlement will be verified by the employing agency. If you are claiming military spouse preference and qualified for the position, your name will be placed below preference eligible veteran candidates and above non-preference candidates on a list sent to the hiring manager for employment consideration. To claim Military Spouse Preference (MSP) please complete the Military Spouse PPP Self-Certification Checklist , save the document and attach it to your application package.

Background checks and security clearance

Security clearance
Other

Drug test required
No

Position sensitivity and risk
Noncritical-Sensitive (NCS)/Moderate Risk

Trust determination process
National security

Required Documents

The documents you are required to submit vary based on the authority you are using to apply (i.e., applying as a veteran, applying as a current permanent Federal employee, applying as a reinstatement, etc).
Your complete application includes your COMPLETE resume, your responses to the online questionnaire, and documents which prove your eligibility to apply. If you fail to provide these documents, you will be marked as having an incomplete application package and you will not be considered any further.

The following documents are REQUIRED:
1. Your resume:
  • Your resume may be submitted on any format. It must include your name and contact information and support the specialized experience described in this announcement.
  • For qualifications determinations your resume must contain the number of hours worked per week and the dates of employment (i.e., "HRS per week and month/year to month/year" or "HRS per week and month/year to present").
  • For additional information see: What to include in your resume
2. Transcripts:
  • This position has a degree or education requirement so you are required to submit a copy of your transcript
  • College transcript (s), required if qualifying based on education. We accept unofficial transcripts, as long as they contain your name, the name of the school, the date and degree that was awarded, and the list of classes and credits earned .
3. Veteran's Documents:

If applying using veteran's preference or under a Veteran's hiring authority you must submit the following documents
  • DD214 showing character of service (SERVICE-2 OR MEMBER-4 ONLY), SF-15 Form and VA letter showing final percentage (IF CLAIMING DISABLED VETERAN PREFERENCE), or certification of expected discharge or release from active duty.
4. Other
  • Proof of membership of the Society of Actuaries. If you do not submit this proof, you will not be considered.
PLEASE REVIEW THE BELOW LINK OR OTHER SUPPORTING DOCUMENTS needed for proof of eligibility:
https://www.dla.mil/Portals/104/Documents/Careers/downloads/FourthEstateRequiredSupportingDocumentation-06-2019.pdf?ver=2019-07-22-131229-740

If you are claiming Military Spouse Preference, you must submit supporting documents with your application package. These documents must provide acceptable information to verify: you reside within the commuting area of your sponsor's permanent duty station (PDS); proof of marriage to the active duty sponsor, proof of military member's active duty status, and other documentation required by the vacancy announcement to which you are applying; and must meet all pre-employment criteria and be eligible for immediate noncompetitive appointment to a position in the competitive service. Documentation required: Marriage Certificate or License, Signed Self-Certification Checklist, Veterans' Preference documentation (e.g., DD-214, VA Letter, Statement of Service, if applicable), Transcripts (if applicable). Additional documentation required if previously held a federal position: SF-50s (e.g., LWOP, highest grade held, overseas appointments, etc.), SF-75 Information, and documentation of performance rating of record (dated within the last 12 months)

If you are relying on your education to meet qualification requirements:

Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education .

Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

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