Student Trainee (Actuary)

Employer
USAJobs
Location
Washington, D.C
Posted
Jan 07, 2021
Closes
Jan 19, 2021
Function
Administrative
Hours
Full Time
Duties

Summary

The Pathways Internship Program targets students accepted for enrollment or currently enrolled in a degree-seeking program in a accredited educational institution, on at least a half-time basis. At the successful conclusion of this program, you may be eligible for non-competitive conversion to a Federal career or career-conditional position.

This is a Temporary, Full Time Intern position in the Pathways Program within the Office of Personnel Management.
Learn more about this agency

Responsibilities

  • Review development of base community rate proposals of approximately 20 Health Maintenance Organization (HMO) Plans.
  • Add costs for special benefits purchased by the Federal program and check summary of rate proposals for community rated plans.
  • Communicate with various personnel for Health Plans and with OPM staff in resolving questions about rate reconciliation and rate proposals.


Travel Required

Not required

Supervisory status
No

Promotion Potential
None

Requirements

Conditions of Employment

  • Must be a U.S. Citizen or National
  • Males born after 12-31-59 must be registered for Selective Service
  • Suitable for Federal employment, determined by a background investigation
  • May be required to successfully complete a probationary period
  • Applicants for this position must be available to work a regular full-time schedule during the period of May 17, 2021 through August 13, 2021.


Qualifications

Must be enrolled in a bachelor's degree program that includes courses in actuarial science, mathematics, relevant statistics, business, finance, economics, insurance, or computer science expecting to total at least 24 semester hours by graduation. This course work must include a minimum of 12 semester hours of mathematics that includes differential and integral calculus and one or more courses in mathematics for which these calculus courses are prerequisites.
OR
A combination of education and experience that includes both the following requirements:

Technical work experience in actuarial support work or in mathematics; and working towards 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 include a minimum of 12 semester hours of mathematics that includes differential and integral calculus and one or more courses in mathematics for which these calculus courses are prerequisites.

To meet the Intern Eligibility requirements, you must be a student accepted for enrollment or enrolled and seeking a degree (diploma, certificate, degree) in a qualifying educational institution, on a full or half-time basis (as defined by the institution in which the student is enrolled).

All Education must be accredited by an accredited institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications (particularly positions with a positive education requirement.) Therefore, applicants must report only attendance and/or degrees from schools accredited by accredited institutions recognized by the U.S. Department of Education. Applicants may verify accreditation at the following website: Accreditation . All education claimed by applicants will be verified by OPM accordingly.

You must meet all qualification and eligibility requirements by the closing date of this announcement.

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.

Education

This position has a basic education requirement listed under the Qualifications section of this announcement.

The Pathways Internship Program targets students accepted for enrollment or currently enrolled in a degree-seeking program in an accredited educational institution, on at least a half-time basis. At the successful conclusion of this program, you may be eligible for non-competitive conversion to a Federal career or career-conditional position.

Education

You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

PASS/FAIL COURSES: If more than 10 percent of your undergraduate course work (credit hours) was taken on a pass/fail basis, your claim of superior academic achievement must be based upon class standing or membership in an honor society.

GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours that your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.

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:
http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html

Additional information

Relocation expenses will not be paid.

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

If you are unable to apply online or need to fax a document that you do not have in electronic form, view the following link for information regarding an Alternate Application: http://help.usastaffing.gov/Apply/index.php?title=Alternate_Application_Information

If you are a veteran and you are claiming 5-point veterans' preference, you must submit a copy of your DD-214 or other proof of eligibility.
If you are a veteran and you are claiming 10-point veterans' preference, you must also submit an SF-15, "Application for 10-Point Veterans' Preference" plus the proof required by that form. For more information on veterans' preference click here .

Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/Home/Registration ).

CONVERSION ELIGIBILITY:
Interns may be converted, without a break in service, to a term, career or career conditional appointment upon completion of program requirements.
To be eligible for conversion, Interns must:
  • Complete at least 640 hours of work experience acquired through the Internship Program
  • Complete their degree or certificate requirements
  • Meet the qualification standards for the position to which the Intern will be converted
  • Meet agency-specific requirements as specified in the Participant's Agreement
  • Perform their job successfully
Agencies may waive up to 320 of the required 640 hours of work for Interns who demonstrate high potential as evidenced by outstanding academic achievement and exceptional job performance.

In addition, students working in agencies through third-party intern providers may count up to 320 of the hours they work toward the 640 hour requirement.

Time spent under previous Internship Program appointments may count towards required work.

If converted to a permanent or term appointment, the anticipated target position will be Actuary with full performance level of GS-04; however, the target position and full performance level may change based on the need of the organization at that time. Interns must meet the qualification requirements for the position to which converted.

Extensions: This appointment may be extended without further competition based on the need of the organization for the work to continue and provided the individual continues to meet the eligibility requirements.

How You Will Be Evaluated

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

Once the application process is complete, your resume and supporting documentation will be used to determine whether you meet the job qualifications listed on this announcement.

Qualified applicants will be placed in one of four groupings:
  • Preference eligible having a compensable service-connected disability of 10 percent or more
  • Other 10-point preference eligible
  • 5-point preference eligible
  • No preference eligible
  • Selection will be made from the highest available preference group, as long as at least three candidates remain in that group. When fewer than three candidates remain in the highest group, consideration may be expanded to include the next grouping.

    Background checks and security clearance

    Security clearance
    Not Required

    Drug test required
    No

    Position sensitivity and risk
    Non-sensitive (NS)/Low Risk

    Trust determination process
    Credentialing , Suitability/Fitness

    Required Documents

    To apply for this position, you must provide a complete Application Package which includes:
  • Your Resume showing work schedule, hours worked per week, dates of employment and duties performed.
  • Your college transcripts showing that you are meet Intern eligibility for this position.
  • Other supporting documents:
    • Cover Letter, optional
    • Veterans' Preference documentation, if applicable (e.g. DD-214 Member Copy 4 showing type of discharge/character of service; Current Active Duty members must submit a certification of expected discharge or release from active duty under honorable conditions dated within 120 days; SF-15 Form and related documentation; VA letter.)
  • Failure to submit any of the above mentioned required documents may result in loss of consideration due to an incomplete application package. It is your responsibility to ensure all required documents have been submitted.

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