Actuary

About the role

As an Actuary with the U.S. Office of Personnel Management, Healthcare and Insurance, Office of the Actuaries, you will perform actuarial research and analysis supporting Federal retirement, health, and life insurance programs. You will analyze program data, develop actuarial valuation inputs, evaluate premiums, conduct policy-related studies, and provide recommendations that support benefit program funding, oversight, and policy decisions. Basic Education Requirement GS 11 Grade level: Ph.D or equivalent doctoral degree or 3 years of progressively higher level graduate education leading to a Ph.D degree in actuarial science, mathematics, statistics, business, finance, economics, insurance, or computer science AND 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. (TRANSCRIPTS REQUIRED AT TIME OF APPLICATION). OR Combination of education and experience that includes both of the following requirements: One year (52 weeks) of professional actuarial experience equivalent to at least the GS-09 level AND successful and 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.(TRANSCRIPTS REQUIRED AT TIME OF APPLICATION). OR Special Alternative Means of Qualifying for Basic Education at the GS-11: A combination of education and experience that includes both of the following requirements: One year (52 weeks) of professional actuarial experience equivalent to at least the GS-09 level AND successful completion of three of the Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) examinations, or credit for three of the Joint Board for the Enrollment of Actuaries (JBEA) examinations; AND 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.(TRANSCRIPTS REQUIRED AT TIME OF APPLICATION). Basic Education Requirement GS 12 Grade level: A combination of education and experience that includes both of the following requirements: One year (52 weeks) of professional actuarial experience equivalent to at least the GS-11 level AND A Bachelor's or higher 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. (TRANSCRIPTS REQUIRED AT TIME OF APPLICATION). OR Special Alternative Means of Qualifying for Basic Education at the GS-12: Possess one year (52 weeks) of professional actuarial experience equivalent to at least the GS-11 level AND successful completion of four of Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) examinations, or credit for three of the Joint Board for the Enrollment of Actuaries (JBEA) examinations. AND 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.(TRANSCRIPTS REQUIRED AT TIME OF APPLICATION). In addition to the basic requirement listed above applicants must meet the specialized experience listed below to be considered minimally qualified: For the GS-11 Grade level: You must have one year of specialized experience equivalent to at least the GS-09 level in the Federal service (or equivalent) performing ALL of the following: Preparing written reports, summaries, technical documentation, or presentations that communicate analytical findings, methodologies, or recommendations to management, customers, or stakeholders; AND Using spreadsheets, databases, statistical software, programming tools, or modeling

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