Actuary jobs in District of Columbia

Actuary utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuary assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuary applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuary typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

U
Actuary-DH
  • US Pension Benefit Guaranty Corporation
  • Washington, DC FULL_TIME
  • Duties

    The candidate selected for this position will:

    • Provide authoritative technical advice and assistance to ASD and its actuarial staff and support for OBA-wide programs, activities and policies in the post valuation benefit administration and oversight of plans in accordance with the provisions of the Employee Retirement Income Security Act (ERISA) of 1974, as amended.
    • Review actuarial work performed by the lower graded actuaries in ASD as well as work performed by outside actuarial firms for ASD.
    • Instruct ASD actuaries and contractors when applicable, regarding actuarial work for which ASD is responsible.

    Requirements

    Conditions of Employment

    • You must be a U.S. citizen
    • You may undergo a personnel security background investigation
    • Selective Service registration required for male applicants, unless exempt
    • 1-year probationary period required unless met during prior Federal service
    • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
    • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency
    • Selected applicants will be required to complete an online onboarding process

    Qualifications

    All qualification and eligibility requirements must be met by the announcement closing date.

    To meet the minimum qualifications for this position, you must meet the specialized experience qualifications for the grade at which you are requesting consideration.

    Specialized Experience – Applicants must have at least one year of specialized experience at the GS-13 grade level in the Federal service or equivalent to the GS-13 grade level in the private sector performing the calculation and valuation of termination benefits under Title IV of ERISA. Examples include: processing actuarial valuations using the Benefit Calculation and Valuation/Actuarial Calculation Toolkit (BCV/ACT) software, reviewing the work of actuarial colleagues to complete actuarial valuations, and completing benefit estimates.

    Education

    In order to qualify for this position, you must possess the following education:

    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.

    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.

    Additional information

    If you are requiring reasonable accommodations, please contact PBGC’s Reasonable Accommodation Coordinator, Roderick Duncan, at (202) 286-7803 or Duncan.Roderick@pbgc.gov. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    Interagency Career Transition Assistance Programs: These programs apply 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 CTAP or ICTAP eligibility criteria; 2) be rated well-qualified for the position with a score of 80 or above based on the competencies listed above (which is equivalent to PBGC’s “Silver” quality category); and 3) submit the appropriate documentation to support your CTAP or ICTAP eligibility. For more information visit: Interagency Career Transition Assistance Programs.

    If you believe that you have been subjected to discrimination, you may contact the PBGC Office of Equal Employment Opportunity (OEEO):

    OEEO Main Office Phone: 202-229-4363

    Email: EEO@PBGC.gov


    • 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. Opens in a new windowLearn more about federal benefits.

      Visit PBGC Benefits for information on our Agency Benefits offered.

      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 You Will Be Evaluated

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

    THIS VACANCY ANNOUNCEMENT IS BEING ADVERTISED UNDER THE DIRECT HIRE APPOINTING AUTHORITY.

    • There will be no applicant self-assessment or rating and ranking process.
    • You will be evaluated for this job based on whether you meet the minimum qualification requirements listed above.
    • Under the provisions of the Direct-Hire Appointing Authority, veterans' preference does not apply.

    We will review your resume and supporting documentation to ensure you meet the minimum qualification requirements.



    You may preview questions for this vacancy.

    • 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. Opens in a new windowLearn more about federal benefits.

      Visit PBGC Benefits for information on our Agency Benefits offered.

      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.

    • Required Documents

      As a new or existing federal employee, you and your family may have access to a range of benefits. Your benefits depend on the type of position you have - whether you're a permanent, part-time, temporary or an intermittent employee. You may be eligible for the following benefits, however, check with your agency to make sure you're eligible under their policies.

      The following documents are required and must be provided with your application for this Public Notice:

      RESUME: You must submit a resume. Your resume must include your name and contact information and should clearly show your possession of the specialized experience and KSAs so that we can determine your qualifications for this position. Your resume should be specific to the position you are applying for, relating your skills and experience to those noted in the job posting.

      PLEASE DO NOT include photographs, hypertext/hyperlinks, or other inappropriate material or content. This information will not be used to make eligibility or qualification determinations.

      COVER LETTER (OPTIONAL): Your cover letter should state your interest in this position and the strengths that you feel will make you an asset to the Pension Benefit Guaranty Corporation. We will not use your cover letter to determine your qualifications; however, your cover letter will go to the Selecting Official along with your resume if you are referred.

      TRANSCRIPT(S) : If you are relying on education to meet the minimum qualification requirement for this position, you must submit transcripts to verify that you meet the requirement. Information on the specific education requirement can be found under the Education in the vacancy announcement. Your transcripts should include course titles, school name/location, date completed, grades, and number of credits earned. Applicants who obtained their qualifying education outside of the U.S. and its territories must provide proof that their degrees have been validated as equivalent to a degree conferred by a college or university in the U.S. Unofficial transcripts may be submitted with your application; however, you must bring official transcripts with your first day if you are hired. Please see the Education section of this announcement for additional information.

      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.

      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.

      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.

    • How to Apply

      In order to be considered, submit all of the required information (including your supplemental documentation) before midnight EST on the closing date.

      If you are not able to apply online or require reasonable accommodations, contact Rozena Smalls on (202) 229-4946 or at smalls.rozena@pbgc.gov no later than 5:00 p.m. on the day before the closing date of this vacancy announcement. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

      Please complete all the steps in the online application process at USAJOBS (www.usajobs.gov). You may make updates to your information at any time prior to midnight EST on the closing date of this announcement.

      • Register with USAJOBS, which will store your information and resume. You will only need to complete this step once.
      • Locate and review the vacancy announcement on USAJOBS. Click the “Apply” link and then select a resume to submit with your application. If you do not have a resume to select, or you want to upload a new one, click “Add Resume” and upload your resume. You can also click “Edit” to edit an already-uploaded resume. Once you have selected a resume, click “Save and Continue.”
      • Add or remove your supporting documents.
      • Once you have attached your resume and supporting documents, review your application package to ensure that they have been attached, then check the box next to “I acknowledge that I have reviewed my resume and document(s).” Then Click “Save and Continue.”
      • Complete the “Include Personal Information” page and click “Save and Continue,”
      • On the “Continue Application with Agency” page, read the terms and certify by checking the box if you agree. Then click “Continue to Agency Site.” This will take you to the application for the position.
      • Click “Apply to this Vacancy.”
      • Complete or review the eligibility questions, which determine the types of positions you are eligible for.
      • Specify which series, grade(s), and location(s) you wish to be considered for.
      • Complete the online vacancy questions, then click "Finish". You will continue to the Vacancy Documents page.
      • Review your attached documents from USAJobs. If there are other documents that you need to attach, upload those here as well.
      • You will then see a summary of your application, including the documents that you submitted. You are strongly encouraged to save or print a copy of this page as proof of submission and receipt of your application and documents.
      • To finish, click "Submit Application."

      Agency contact information

      Rozena Smalls

      Phone

      202-229-4946

      Fax

      000-000-0000

      Email

      smalls.rozena@pbgc.gov

      Address

      PENSION BENEFIT GUARANTY CORPORATION
      Human Resources Department
      445 12th Street SW
      Washington, District of Columbia 20024
      United States

      Next steps

      You are encouraged to complete your USAJOBS personal account completely to receive notifications at each point in the recruiting process. Utilizing this option allows you to review and track the status of your application and receive email notifications from the hiring office.

      You may check the status of your applications by clicking on the My USAJOBS tab at the USAJOBS website.

    • Fair and Transparent

      The Federal hiring process is set up to be fair and transparent. Please read the following guidance.

      • Equal Employment Opportunity (EEO) Policy
      • Reasonable accommodation policy
      • Financial suitability
      • Selective Service
      • New employee probationary period
      • Signature and false statements
      • Privacy Act
      • Social security number request

    Required Documents

    The following documents are required and must be provided with your application for this Public Notice:

    RESUME: You must submit a resume. Your resume must include your name and contact information and should clearly show your possession of the specialized experience and KSAs so that we can determine your qualifications for this position. Your resume should be specific to the position you are applying for, relating your skills and experience to those noted in the job posting.

    PLEASE DO NOT include photographs, hypertext/hyperlinks, or other inappropriate material or content. This information will not be used to make eligibility or qualification determinations.

    COVER LETTER (OPTIONAL): Your cover letter should state your interest in this position and the strengths that you feel will make you an asset to the Pension Benefit Guaranty Corporation. We will not use your cover letter to determine your qualifications; however, your cover letter will go to the Selecting Official along with your resume if you are referred.

    TRANSCRIPT(S) : If you are relying on education to meet the minimum qualification requirement for this position, you must submit transcripts to verify that you meet the requirement. Information on the specific education requirement can be found under the Education in the vacancy announcement. Your transcripts should include course titles, school name/location, date completed, grades, and number of credits earned. Applicants who obtained their qualifying education outside of the U.S. and its territories must provide proof that their degrees have been validated as equivalent to a degree conferred by a college or university in the U.S. Unofficial transcripts may be submitted with your application; however, you must bring official transcripts with your first day if you are hired. Please see the Education section of this announcement for additional information.

    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.

    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.

    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.


    Help

    This job is open to

    • The public

      U.S. Citizens, Nationals or those who owe allegiance to the U.S.

    Clarification from the agency

    Applications will be accepted from any U.S. citizen. Direct Hire Authority will be used to fill this position. The 'Rule of Three', Veterans Preference and traditional rating and ranking of applicants does not apply to this vacancy.

  • 7 Days Ago

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Assistant Actuary - Actuarial Support (PAS3)
  • ProSidian Consulting, LLC
  • Washington, DC FULL_TIME
  • Company DescriptionProSidian is a Management and Operations Consulting Services Firm focusing on providing value to clients through tailored solutions based on industry-leading practices. ProSidian se...
  • Just Posted

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Associate Actuary - Actuarial Support (PAS2)
  • ProSidian Consulting, LLC
  • Washington, DC FULL_TIME
  • Company DescriptionProSidian is a Management and Operations Consulting Services Firm focusing on providing value to clients through tailored solutions based on industry-leading practices. ProSidian se...
  • 28 Days Ago

H
Actuary
  • Humana
  • Oklahoma City, OK
  • Become a part of our caring community and help us put health first The Actuary, Analytics/Forecasting analyzes and forec...
  • 4/24/2024 12:00:00 AM

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Actuary
  • USAA
  • Colorado Springs, CO
  • Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
  • 4/23/2024 12:00:00 AM

D
Actuary - REMOTE
  • DW Simpson
  • San Francisco, CA
  • Have the flexibility to work fully remote! A leading P&C consulting firm is seeking an FCAS with 8-15 years of experienc...
  • 4/22/2024 12:00:00 AM

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Actuary
  • USAA
  • Tampa, FL
  • Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the financial secur...
  • 4/22/2024 12:00:00 AM

P
Actuary
  • PRI Technology
  • Whitehouse Station, NJ
  • Job Description Job Description Actuary My name is Bill Stevens and I have a new twelve month plus Actuary opportunity a...
  • 4/21/2024 12:00:00 AM

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ACTUARY
  • PRI Technology
  • Whitehouse Station, NJ
  • Job Description Job Description ACTUARY My name is Bill Stevens and I have a new twelve month plus Actuary opportunity a...
  • 4/21/2024 12:00:00 AM

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Actuary
  • USAA
  • Phoenix, AZ
  • Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
  • 4/20/2024 12:00:00 AM

B
Actuary
  • Berkley
  • Manassas, VA
  • Company Details: BerkleyNet is an innovative workers compensation insurance provider that does all our business online. ...
  • 4/20/2024 12:00:00 AM

Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area of 68.34 square miles (177.0 km2), of which 61.05 square miles (158.1 km2) is land and 7.29 square miles (18.9 km2) (10.67%) is water. The District is bordered by Montgomery County, Maryland to the northwest; Prince George's County, Maryland to the east; Arlington County, Virginia to the south; and Alexandria, Virginia to the west. The south bank of the Potomac River forms the District's border with Virginia and has two major tributaries: the An...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$81,879 to $102,459

Actuary in Philadelphia, PA
An actuary can study the market, the risk it exposes their clients/firms to and try to strategize accordingly.
October 07, 2019
Actuary in Raleigh, NC
Reserving actuary does this by studying patterns from the past or expert opinion.
December 05, 2019
Actuary in Vincennes, IN
It provides a useful starting point for those considering a career as an actuary.
December 12, 2019