An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.
$119,496 / year median in Washington, D.C. (District of Columbia)
This position is located in the U.S. Department of Labor (DOL), Employee Benefits Security Administration. All qualified applicants are encouraged to apply. The Required Documents section of this announcement identifies all documents that must be uploaded in order to be considered a complete application package. Applicants that do not submit a complete application will not receive further consideration.
Qualifications:
Applicants must meet all eligibility and qualification requirements upon the closing date of this announcement. Candidates must have at least one year of specialized experience related to this position. This experience must be at or above the GS-15 grade level or equivalent. To meet the minimum qualification requirements for this position, you must show that you possess the Technical Qualifications (TQ) related to this position within your resume - NOT
TO EXCEED 2 PAGES.
Resumes must use a font size no smaller than 10-point, and margins no smaller than one inch. Resumes over the 2-page limit, will not be reviewed beyond page 2 or may be disqualified . Your resume should include examples of experience, education, and accomplishments applicable to the qualification(s). If your resume does not reflect demonstrated evidence of these qualifications, you may not receive consideration for the position. There is NO requirement to prepare a narrative statement specifically addressing the Technical Qualifications (TQs).
TECHNICAL QUALIFICATIONS
(TQs): Your resume should demonstrate accomplishments that would satisfy the technical qualifications. Technical Qualification 1: Demonstrated expert-level proficiency in actuarial science, mathematics, statistics, economics, and risk analysis, enabling service as a national authority on actuarial matters impacting pension, retirement, health, welfare, annuity, and insurance-related employee benefit plans. This includes comprehensive mastery of actuarial assumptions, methodologies, cost factors, funding principles, mortality, turnover, disability, plan experience studies, and adherence to actuarial standards of practice as they pertain to plans governed by the Employee Retirement Income Security Act of 1974, as amended. Technical Qualification 2: Demonstrated ability to convey highly complex actuarial, economic, legislative, regulatory, and policy issues with clarity and persuasiveness to both technical and non-technical audiences. This includes preparing authoritative technical reports, policy memoranda, briefing papers, testimony, regulatory analyses, recommendations, presentations, and decision documents for senior officials and external stakeholders regarding matters affecting employee benefit plans, plan participants and beneficiaries, and the employee benefits industry. 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.
