Clarification from the agency

ALL US CITIZENS and CTAP/ICTAP eligible applicants. DIRECT HIRE AUTHORITY: This position is being filled using Direct-Hire Authority (5 CFR 337.201) for this occupation.

Major Duties:

• Update monthly health claims data models for IBNR.
• Update monthly incurred health claims forecast models.
• Analysis of large amounts of health claims and referral data to identify trend drivers.
• Provide technical review of other actuaries' work, which could include running an alternative model.
• Prepare or update reports and other documents intended for management and auditors.

Work Schedule: Monday - Friday 8:00 am - 4:30 pm
Telework: Ad-hoc telework (situational telework) available as determined by the agency policy.
Virtual: This is not a virtual position.
Position Description Title/PD#: Actuary/PD20806A and PD00165A
Relocation/Recruitment Incentives: Not Authorized
Financial Disclosure Report: Not required
Physical Requirements: The work is sedentary, some work may require periods of walking, standing, bending, or driving a motor vehicle. Employees frequently carry research records and other similar materials. The work does not require any special physical effort.
Promotion Potential: The selectee may be promoted to the full performance level without further competition when all regulatory, qualification, and performance requirements are met. Selection at a lower grade level does not guarantee promotion to the full performance level.

Conditions of employment

• You must be a U.S. citizen to apply for this job
• Subject to a background/suitability investigation
• Selective Service Registration is required for males born after 12/31/1959
• A complete application package; Resume, Transcripts, etc.
• Selected applicants will be required to complete an online onboarding process. Acceptable form(s) of identification will be required to complete pre-employment requirements (https://www.uscis.gov/i-9-central/form-i-9-acceptable-documents).
• Effective May 7, 2025, driver’s licenses or state-issued dentification cards that are not REAL ID compliant cannot be utilized as an acceptable form of identification for employment.
• As a condition of employment for accepting this position, you may be required to serve a 1-year probationary period during which we will evaluate your fitness and whether your continued employment advances the public interest.
• In determining if your employment advances the public interest, we may consider:
• performance and conduct; needs/interests of the agency; if your continued employment would advance organizational goals of the agency or the Government; and whether your continued employment would advance the efficiency of the Federal service.
• Upon completion of your probationary period, if required, your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.

Qualifications

To qualify for this position, applicants must meet all requirements by the closing date of this announcement.

Selective Placement Factor:

This position includes a skill, knowledge, ability or other worker characteristic basic to -and essential for- satisfactory performance of the job. Selective Placement Factors are a prerequisite to appointment and represent minimum requirements for a position. Applicants who do not meet it are ineligible for further consideration. Evidence of the Selective Placement Factor must be reflected in your resume.

The Selective Placement Factor for this position is: Must have obtained one of the following actuarial credentials from the Society of Actuaries (SOA): Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA), as evidenced by an official transcript and certificate or by the applicant's presence in The Actuarial Directory.

Individual Occupational Requirements

GS-13 or Equivalent Grade Level:

Basic Requirements

Applicants may qualify for actuary positions by meeting the requirements described in 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.

Applicants may qualify for higher grade levels by meeting all of the following requirements:

One year of actuarial experience equivalent to the next lower grade level GS-12;

AND

A course of educational study which is 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

Paragraph B.
Special Alternate Means of Qualifying for Positions at GS-07 through GS-13 or Equivalent Grade Levels

Applicants may qualify for a position at grade levels GS-07 through GS-13 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:

GS-13 or Equivalent Grade Level:

One year of professional actuarial experience equivalent to at least the GS-12 level

AND

Associateship in the Society of Actuaries or the Casualty Actuarial Society or being an Enrolled Actuary.

Specialized Experience:

GS-13 Grade Level: One year of specialized experience (equivalent to the GS-12 grade level in the federal service); experience that equipped the applicant with the particular knowledge, skills and abilities (KSA's) and other characteristics to perform successfully the duties of the position, and that is typically in or related to the work of the position to be filled, in the normal line of progression for the occupation in the organization. Specialized experience includes:

• Assisting with updating models supporting Incurred But Not Reported reserves (IBNR) and incurred claims forecasts; perform medical claims trend analysis.
• Utilizing actuarial and data analysis tools such as Microsoft Excel, SQL, R, or SAS to extract, manipulate, and analyze data
• Communicating analytical findings in written and verbal formats, and frequently collaborating with fellow actuaries and cross-functional colleagues.

Individual Occupational Requirements

GS-14 or Equivalent Grade Level:

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

Applicants may qualify for higher grade levels by meeting all of the following requirements:

One year of actuarial experience equivalent to the next lower grade level GS-13;

AND
A course of educational study which is 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.

Paragraph B.
One year of professional actuarial experience equivalent to at least the GS-13 level

AND

Associateship in the Society of Actuaries or the Casualty Actuarial Society or being an Enrolled Actuary.

Specialized Experience:

GS-14 Grade Level: One year of specialized experience (equivalent to the GS-13 grade level in the federal service); experience that equipped the applicant with the particular knowledge, skills and abilities (KSA's) and other characteristics to perform successfully the duties of the position, and that is typically in or related to the work of the position to be filled, in the normal line of progression for the occupation in the organization. Specialized experience includes:

• Producing Incurred But Not Reported reserves (IBNR) and incurred claims forecasts; identifying key drivers of medical trend through investigation and analysis of medical claims.
• Studying health plan utilization of beneficiaries with other health insurance (e.g., Medicare); experience with health risk analysis.
• Utilizing actuarial and data analysis tools such as Microsoft Excel, SQL, R, or SAS to extract, manipulate, and analyze data
• Displaying excellent communication (drafting and editing written actuarial communications, articulating information to a variety of internal and external audiences, including presentations to management), and frequently collaborating with fellow actuaries and cross-functional colleagues.

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; religions; 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.

Local Commuting Area by Location:
The local commuting area for this position is defined as a radius of 50 miles from Washington, DC. This includes all locations that fall within a 50 mile driving distance from 810 Vermont Ave NW, Washington, DC 20420.

The local commuting area for this position is defined as a radius of 50 miles from Frederick, MD. This includes all locations that fall within a 50 mile driving distance from 7485 New Horizon Way, Frederick, MD 21703

The local commuting area for this position is defined as a radius of 50 miles from St. Paul, MN. This includes all locations that fall within a 50 mile driving distance from 1 Federal Drive, Building 1, Suite 4500, St. Paul MN 55111-4050

The local commuting area for this position is defined as a radius of 50 miles from Austin, TX. This includes all locations that fall within a 50 mile driving distance from 7600 Metropolis Dr., Austin, TX 78744.

How you will be evaluated

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

IN DESCRIBING YOUR EXPERIENCE, PLEASE BE CLEAR AND SPECIFIC. WE WILL NOT MAKE ASSUMPTIONS REGARDING YOUR EXPERIENCE. Applicants will be referred in the order in which they were received.

Documents Accepted:

• Cover Letter
• DD-214/ Statement of Service
• Disability Letter (VA)
• Other (1)
• PCS Orders
• Performance Appraisal
• Professional Certification
• Proof of Marriage Status
• Resume
• Separation Notice (RIF)
• SF-15
• SF-50/ Notification of Personnel Action
• Transcript

Documents Required:

• Resume
• Transcript

Required document to demonstrate eligibility:

• Most recent SF-50, Notification of Personnel Action, which for current employees, must be effective the first pay period (01/11/2026 or later) of the current calendar year. The SF-50 should note your current position or most recently held position, tenure, type of position occupied (i.e., Excepted or Competitive), grade level and duty location. (Text version SF-50s or Request for Personnel Action SF-52s are not acceptable.) Non-GS employees (including Federal Wage System and pay band employees) who do not receive annual pay adjustments in January, must submit a SF-50 dated within one year of the closing date of this announcement.

Please review the above list(s) to ensure you have included all necessary documents required for your application. Not every applicant will require the same documents, therefore it is the applicants responsibility to ensure that their application package includes all necessary documents to determine qualifications and eligibility for appointment, such as a copy of your SF-50, transcript, ICTAP/CTAP documentation (for displaced Federal employees).You will not be contacted for additional information. Applicants will be deemed ineligible if supporting documentation is not submitted.

Veterans' Preference: Since the Direct-Hire Recruitment Authority is being used, traditional Veterans' Preference rules do not apply. Qualified veterans will, however, be given full consideration for this position.

Applications are accepted online. Applying online will allow you to review and track the status of your application.

Next steps