Student Trainee (Actuary)

Employer
USAJobs
Location
Washington, D.C
Posted
Nov 25, 2021
Closes
Dec 01, 2021
Function
Administrative
Hours
Full Time
Duties

  • 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.


Requirements

Conditions of Employment


  • Due to COVID-19, the agency is currently in an expanded telework posture. If selected, you may be expected to temporarily telework, even if your home is located outside the local commuting area. Once employees are permitted to return to the office, you will be expected to report to the duty station listed on this announcement within 45 days. At that time, you may be eligible to request to continue to telework one or more days a pay period depending upon the terms of the agency's telework policy.
  • As required by Executive Order 14043, Federal executive branch employees are required to be fully vaccinated against COVID-19 regardless of the employee's duty location or work arrangement (e.g., telework, remote work, etc.), subject to such exceptions as required by law. If selected, you will be required to be vaccinated against COVID-19 and submit documentation of proof of vaccination by November 22, 2021 or before appointment or onboarding with the agency (if later than November 22, 2021). The agency will provide additional information regarding which forms of documentation can be accepted and how you can request a legally required exception from this requirement.
  • 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 16, 2021 through August 15, 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.

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.

Similar jobs