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Chief Actuary

Employee Benefits Security Administration · Washington, District of Columbia

$152k–$210kPosted pay
On-siteWorkplace
2d agoPosted · Sep 2
USAJOBSSource
$144kactuary median
Apply now Opens the original posting at Employee Benefits Security Administration. PivotHop does not host applications.
Experience1+ years

Skills in this posting

Benefits

The posting

Serves as the Department's principal actuarial advisor, providing expert counsel to the Assistant Secretary, Deputy Assistant Secretaries, other Departmental officials, and Congressional committees on the actuarial implications of legislative, regulatory, and policy proposals affecting the nation's pension, retirement, health, and welfare benefit systems.

Directs EBSA's actuarial research, analysis, and technical consultation functions, ensuring the technical soundness and defensibility of all actuarial products, resolving the most complex and precedent-setting actuarial issues, and reviewing the actuarial soundness of exemption applications and regulatory impact analyses.

Communicates complex actuarial and policy issues to technical and non-technical audiences at the highest levels of government and industry, preparing or directing the preparation of authoritative reports, testimony, and regulatory analyses for the Assistant Secretary, the Secretary, OMB, and Congress.

Represents the Department as the senior actuarial expert with federal agencies, professional actuarial organizations, industry and labor representatives, and academic experts, leading interagency and government-industry initiatives on national actuarial policy.

Leads development of professional actuarial standards, including accreditation, discipline, continuing education, and examination requirements for actuaries serving ERISA-covered plans.

Directs a professional staff of actuaries and support personnel, managing resource allocation, staffing, budget planning, and organizational structure to achieve program objectives.

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.

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