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Actuary (Pathways Recent Graduate)

Pension Benefit Guaranty Corporation

in Washington DC / Telecommute

Pension Benefit Guaranty Corporation

Open & closing dates: 07/06/2019 to 07/19/2019

Pay scale & grade: GS 07 - 09

Salary: $47,016 to $74,759 per year

Several vacancies in Washington DC

Telework eligible? Yes as determined by agency policy

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
  • Must meet suitability for Federal employment
  • You will be in a trial period throughout your entire Pathways appointment
  • If selected, you must:
    • Sign a Pathways Internship Program agreement and adhere to program requirements
    • Perform successfully the assigned duties listed in the position description
    • Adhere to all laws, rules, regulations and policies of PBGC

Qualifications

You may qualify for this position based on education, specialized experience, or a combination of both.

Education:

GS-07: You may qualify for this position if you possess one year of graduate-level education or superior academic achievement.

GS-09: You may qualify for this position if you possess two years of progressively higher level graduate education leading to a master's degree or master's or equivalent graduate degree.

Specialized Experience:

GS-07: At least one year of specialized experience at the GS-05 grade level in the Federal service or equivalent to the GS-05 grade level in the private sector applying analytical and actuarial techniques to research and analyze mathematical data. Examples may include: performing analysis and evaluation of records, documents and relevant data; or reviewing and calculating accrued benefits.

GS-09: At least one year of specialized experience at the GS-07 grade level in the Federal service or equivalent to the GS-07 grade level in the private sector applying analytical and actuarial techniques to perform statistical analysis. Examples may include: reviewing asset allocations and adjusting estimated mortality, disability, or retirement rates.

Combination of Education and Experience: Education and experience may be combined for all grade levels for which both education and experience are acceptable.

Who is eligible for the Recent Graduates Program? Any individual who completed all requirements for an associate, bachelor, master, professional, or doctorate degree from a qualifying educational institution within the previous two years meets the basic requirement to apply for the Recent Graduate Program;

-OR-

Any veteran released or discharged from active duty within the previous two years but not more that six years following completion of applicable degree.

VOLUNTEER WORK EXPERIENCE: Refers to paid and unpaid experience, including volunteer work done through National Service Programs (i.e., Peace Corps, AmeriCorps) and other organizations (e.g., professional,;philanthropic; religious; spiritual; community; student and social). Volunteer work builds critical competencies, knowledge, and skills that can provide valuable training and experience that translates directly to paid employment. You will receive credit  for all qualifying experience, including volunteer experience.

Education

Education Requirement: Applicants may meet the education requirement for actuary positions by meeting either Paragraph A or Paragraph B below.

Paragraph A: Applicants may qualify for the following grade levels by meeting the educational and/or experience requirements described below.

GS-07: Applicants must meet one of the following requirements: a. Eligibility under the superior academic achievement provision 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. OR b. One year of graduate education in the subject areas of actuarial science, mathematics, statistics, business, finance, economics, insurance, or computer science; and A course of educational study as described in paragraph (A) (1) (a) above. OR c. Combination of education and experience that includes both of the following requirements:

  • One year of actuarial experience equivalent to the GS-05 grade level; 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 equivalent to a course of study described in paragraph (A) (1). 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.

GS-09: Applicants may qualify for this grade level by meeting 1 of the following requirements: a. A master's degree or equivalent graduate degree, or 2 years of progressively higher level graduate education leading to a master's degree in actuarial science; mathematics, statistics, business, finance, economics, insurance, or computer science; and a course of educational study as described in paragraph (A) (1) (a) above. OR b. A combination of education and experience that includes both of the following requirements:

  • One year of actuarial experience equivalent to the GS-07 grade level; and
  • A course of educational study as described in paragraph (A) (1) above.

Paragraph B: Special Alternate Means of Qualifying for Positions at GS-07 through GS-09 or Equivalent

Applicants may qualify for a position at grade levels GS-07 through GS-09 using the "Special Alternate Means" provisions described below. Applicants for all grade levels must complete 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.

Successful completion of appropriate examinations offered by the Society of Actuaries (SOA), the Casualty Actuarial Society (CAS), or the Joint Board for the Enrollment of Actuaries (JBEA), as evidenced by an official SOA or CAS transcript, and specialized experience described below is fully qualifying at the grade levels shown below:

1. GS-07 or Equivalent Grade Level: Successful completion of one of the SOA or CAS examinations, or credit for one of the JBEA examinations.

2. GS-09 or Equivalent Grade Level: Successful completion of two of the SOA or CAS examinations, or credit for two of the JBEA examinations.

This position has an education requirement. You MUST provide a copy of you official transcripts to support your educational claims. Education must be accredited by an accrediting institution recognized by the U.S Department of Education.  https://www.ed.gov/accreditation

All qualifications and eligibility requirements must be met by the closing date of this announcement.

Failure to provide all the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

How to Apply

The text above consists of excerpts of a job ad currently online at USAJOBS.gov. Much of the omitted information is critically important, such as the application instructions and complete qualification requirements.

See the full text of the USAJOBS.gov ad at their web page:

https://www.usajobs.gov/GetJob/ViewDetails/538710000


This ad has been viewed 289 times. It expires on 7/19/2019.

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