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Job Details

Actuary

Location
Washington, DC

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Duties
Summary
DOL seeks to attract and retain a high performing and diverse workforce in which employees' differences are respected and valued to better meet the varying needs of the diverse customers we serve. DOL fosters a diverse and inclusive work environment that promotes collaboration, flexibility and fairness so that all individuals are able to participate and contribute to their full potential.

This position is located in the Department of Labor, Employee Benefits Security Administration (EBSA) in Washington, DC. EBSA is committed to protecting retirement, health, and other employee benefits, thereby advancing the retirement security and health of our nation's workers and retirees. EBSA, through its enforcement of Title I of the Employee Retirement Income Security Act of 1974 (ERISA) and other related health benefits laws, protects the security of retirement and health plan benefits and assets for all workers who have employer-sponsored plans.

- This position's full performance level is GS-15. There is no obligation to provide future promotions to you if you are selected. Future promotions are dependent on your ability to perform the duties at a higher level, the continuing need for an employee assigned to the higher level, and supervisory approval.

- This position is outside the bargaining unit.

- Relocation expenses will not be paid.
Responsibilities
Major duties for this position at the full performance level include but are not limited to, the following:
Plans, develops, and coordinates actuarial research projects regarding health and welfare plans.
Reviews and analyzes legislative, regulatory, and administrative proposals and public policy issues pertaining to health and welfare plans.
Provides expert technical (actuarial) guidance and consultative services to EBSA senior and executive staff regarding health and welfare benefit plans.
Provides consultative and technical (actuarial) support to EBSA's supervision of group health plans.
Plans, develops, and coordinates significant actuarial work using multiple sources of data and variety of actuarial models and systems, consistent with the appropriate Actuarial Standards of Practice (ASOP).
Travel Required
Not required
Supervisory status
No
Promotion Potential
15
Who May Apply
This job is open to...
Current/former Federal employees w/ competitive/reinstatement eligibility; ICTAP and CTAP eligibles in the local commuting area; Veterans' Employment Opportunity Act (VEOA) eligibles;and Qualified Land Management Eligibles.
Also advertised as job announcement #DE-18-HRC-EBSA-140 for non-status applicants; to be considered for each, apply to BOTH jobs.
Job family (Series)
Similar jobs
Requirements
Conditions of Employment
Appointment to this position may require a background investigation.
Requires a probationary period if the requirement has not been met.
U.S. Citizenship.
Must be at least 16 years of age.
Subject to financial disclosure requirements at the GS-15 level.
Applicants must meet time-in-grade, time-after-competitive-appointment and qualifications requirements within 30 calendar days after the closing date of the vacancy to be eligible for consideration for selection. Reference the Required Documents section for additional requirements.Applicants must meet all legal and regulatory requirements. Reference the Required Documents section for additional requirements.
Qualifications
Basic Requirements:
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 of more courses in mathematics for which these calculus courses were prerequisites.
OR
Combination of education and experience that includes both of the following requirements:
Technical work experience in actuarial support work or in mathematics;
and
Completion of 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 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.
In addition to the Basic Requirements listed above applicants must also meet the Specialized Experience requirements.
For the GS-14
Applicants must have 52 weeks of specialized experience equivalent to at least the next lower grade level the GS-13 level
.

Specialized Experience is defined as experience providing technical advice and guidance in any segment or component of the administration of actuarial program services under Employee Retirement Income Security Act (ERISA) and or the Internal Revenue Code (IRC). This may also include experience providing support and guidance to an actuarial resource in monitoring and implementing phases of an actuarial program.
For the GS-15
Applicants must have 52 weeks of specialized experience equivalent to at least the next lower grade level the GS-14 level
Specialized Experience is defined as experience serving as an authoritative actuarial resource in the development, implementation and/or monitoring of actuarial policies and procedures services under the Employee Retirement Income Security Act (ERISA) and or the Internal Revenue Code (IRC). Examples of this experience might include: serving as the pricing actuary on a number of group health and welfare plans, managing a unit that performs complex actuarial calculations, valuations, or studies.
Education
College Transcript and Evaluation of Foreign Education - The Department of Labor does not recognize academic degrees from unauthorized secondary schools or post-secondary institutions that are not accredited by an accrediting body recognized by the Department of Education. Any applicant falsely claiming an academic degree from an accredited school will be subject to actions ranging from disqualification from federal employment to removal from federal service. If your education was completed at a foreign college or university, you must show comparability to education received in accredited educational institutions in the United States and comparability to applicable minimum course work requirements for this position. Click Evaluation of Foreign Education
for more information.
Additional information
Refer to these links for more information: GENERAL INFORMATION
, ADDITIONAL DOCUMENTATION
, FORMER FEDERAL EMPLOYEES
How You Will Be Evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
Click here
for Evaluation details. For Displaced Employees ONLY: if you meet the eligibility requirements for special priority selection under ICTAP
/ CTAP
, you must be well-qualified for the position to receive consideration for special priority selection. ICTAP/CTAP eligibles will be considered well-qualified if they attain at least a rating score of 85 in a numerical rating scheme. Be sure to review DOL Account Eligibility Questions #24 and 27 to reflect that you are applying as an ICTAP/CTAP eligible and submit supporting documentation.

Evaluation Factors (Competencies) - All qualified applicants will be evaluated on the following key competencies:
Oral/Written Communication
- Ability to conceptualize, frame, and present complex issues in order to develop, write, and present well-organized, concise, decisive, and effective documents and testimony.
Critical Thinking/Problem Solving
- Ability to analyze difficult and complex policy and technical issues and to apply relevant laws, regulations, precedents and professional principles and theories.
Interpersonal Skills
- Shows understanding, professionalism, courtesy, tact, empathy, concern, and politeness, even with individuals who are difficult, hostile, or distressed. Demonstrates team effectiveness with sensitivity to the differences of others; e.g. diversity, race, gender, disabilities, and other individual differences.
Technical Competence
- Mastery of and skill in applying the principles, theories, and methodologies of analytical, mathematical, and methodological techniques of actuarial science.
The information you provide may be verified by a review of your work experience and/or education, by checking references and through other means (ex. interview). Your evaluation may also include a review by an HR Specialist or panel and may include other assessment tools (ex. interview, structured interview, written test, work sample, etc). The examining Human Resources Office (HRO) makes the final determination concerning applicant ratings. Your resume MUST provide sufficient information to substantiate your vacancy question responses. If not, the HRO may amend your responses to more accurately reflect the level of competency indicated by the content of your resume.
To preview questions please .
Background checks and security clearance
Security clearance
Drug test required
No
Required Documents
The following documents must be submitted by 11:59 p.m. (ET) on the vacancy closing date. Follow the instructions: click How To Submit Supplemental Documentation Document
. Warning: If you submit a document using the same document title, the 2nd submission will OVERWRITE the 1st submission.
Also, do not upload password protected documents.

The following documents are required from ALL applicants:
- Most Recent SF-50 that indicates current grade, step, and competitive status
- All status candidates or MUST submit.

WARNING: An award SF-50 (ex. cash or time off award) may not indicate grade, step and competitive status. For current DOL employees, an award SF-50 DOES NOT indicate grade and step.
Ensure you submit your most recent SF-50 indicating grade, step and competitive status
to establish your eligibility for this position.

- If you do not have one, you must submit a statement explaining why one cannot be provided or you will not be considered for this position.
The following documents are required if applicable:
- Displaced Employee Placement Documents
- Only required if requesting priority consideration under ICTAP
/ CTAP
Eligibility.

- DD-214
- verifying military service, eligibility for consideration under the Veterans Employment Opportunity Act (VEOA)
and showing character of discharge (ex. Member Copy 4 vs. Copy 1)

- Cover Letters are not mandatory
and will not be used to verify experience, but may be submitted

Applicants selected for employment who are not current DOL employees will be required to provide proof of citizenship
, and the E-Verify
system will be used to confirm the employment eligibility of all new hires.
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 .
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.
Benefits
A career with the U.S. Government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. .
Review our benefits
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time, or intermittent. Contact the hiring agency for more information on the specific benefits offered.
How to Apply
Follow the steps below to apply. Your application and ALL required supplemental documents MUST be received by 11:59 pm Eastern Time (ET) on the vacancy closing date to receive consideration.
Paper applications and supplemental documents submitted in any other manner without prior approval from the vacancy contact will not be considered. Click here
for information on Reasonable Accommodations.

SAVE your information before the 30 MINUTE TIMEOUT! For help, go to ****STEP 1 - Create USAJOBS Account on ****including Resume and Saved Documents
Your resume must provide sufficient information to substantiate your responses in the self-assessment vacancy questions. If not, HR may amend your responses to more accurately reflect the competency indicated by resume content. FOR EACH EMPLOYMENT PERIOD, include: start/end month & year and note full-time or part-time (if part-time, include # of hours worked per week); otherwise, your application may be considered incomplete.
STEP 2 - Complete the 1st part of the application process (USAJOBS)
Once you have identified a job on **** that you wish to apply for, click on the title and click the
Apply
button . For questions about the vacancy, contact the Agency Contact at the bottom of the announcement. Click Start Application and proceed through 5 steps noted at the top of the USAJOBS page. You will be able to select a resume and documents from your USAJOBS Account that you can submit as a package as part of your DOL application. At Step 5, click Continue to Agency Site.
STEP 3 - Complete the 2nd part of the application process (DOL)
On the Department of Labor (DOL) page, create a DOL Account if you have not already and click APPLY TO THIS VACANCY. Continue through the 7 progress steps indicated by circles at the top of the DOL page. The 3rd progress step is where you answer the vacancy specific questions. The 4th progress step Documents is where you submit required documents (only if applicable to you)
specified in the Required Documents section of this vacancy. If you submit a document using the same document title, the 2nd submission will OVERWRITE the 1st submission.
STEP 4 - On the Review and Submit step, click Submit Application
The last Confirmation step will turn green noting that your application was submitted successfully.
STEP 5 - Edit Application as needed by 11:59 pm ET of Closing Date by returning to USAJOBS, clicking the vacancy, then Update Application.
Agency ****
****
Email
****
Address
Labor, Employee Benefits Security Administration
200 Constitution Ave., NW
C-5516
Washington, District of Columbia
United States
Next steps
Once your complete application is received, we will conduct an evaluation of your qualifications and refer candidates for selection consideration. Candidates will be referred to the hiring manager for further consideration and possible interview. You will be notified of the outcome. A selection is expected to be made within 30 calendar days from the issuance date of the certificate.

For instructions on how to check the status of your application, go to Step 7 on: Using DOORS and USAJOBS Help Guide
. To sign up for Application Status Updates via email: Click Here for instructions
Fair & Transparent
The Federal hiring process is setup to be fair and transparent. Please read the following guidance.
Equal Employment Opportunity Policy
The United States Government does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.
Equal Employment Opportunity (EEO) for federal employees & job applicants
Reasonable Accommodation Policy
Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application process should follow the instructions in the job opportunity announcement. For any part of the remaining hiring process, applicants should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.
A reasonable accommodation is any change to a job, the work environment, or the way things are usually done that enables an individual with a disability to apply for a job, perform job duties or receive equal access to job benefits.
Under the Rehabilitation Act of 1973, federal agencies must provide reasonable accommodations when: An applicant with a disability needs an accommodation to have an equal opportunity to apply for a job.
An employee with a disability needs an accommodation to perform the essential job duties or to gain access to the workplace.
An employee with a disability needs an accommodation to receive equal access to benefits, such as details, training, and office-sponsored events.
You can request a reasonable accommodation at any time during the application or hiring process or while on the job. Requests are considered on a case-by-case basis.
Learn more about or
Legal and regulatory guidance
This job originated on . For the full announcement and to apply, visit . Only resumes submitted according to the instructions on the job announcement listed at will be considered.

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