Federal experience is not required. The experience may have been gained in the public sector, private sector or
Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/year, and indicate number of hours worked per week, on your resume.
You must meet the following requirements by the closing date of this announcement:
BASIC REQUIREMENTS (All Grades): You must have 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
A combination of education and experience that includes
BOTH of the following requirements:
(1) Technical work experience in actuarial support work or in mathematics, AND
(2) 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. 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.
In addition to meeting the basic requirement above, to qualify for this position you must also meet the qualification requirements listed below:
SPECIALIZED EXPERIENCE FOR GS-14: You must have 1 year of specialized experience at a level of difficulty and responsibility equivalent to the GS-13 grade level in the Federal service. Specialized experience for this position includes experience that is related to the work of this position and has provided you with the competencies required for successful job performance. Qualifying experience demonstrates a wide range of experience of actuarial requirements and techniques pertinent to the work of an actuary, experience working in an accounting firm or an actuarial consulting firm where you analyzed employee plans and completed valuations in order to advise management on the required funding contribution and deductible limits in regards to employee plans, and experience giving presentations and/or instruction on actuarial requirements for employee plans to professionals within the actuarial community. Additional qualifying experience is experience performing pension work, analyzing difficult and complex matters related to issues and requests for rulings pertaining to the requirements under the Employee Retirement Income Security Act of 1974 (ERISA), such as minimum funding standards, plan mergers and changes of actuarial funding methods.
For more information on qualifications please refer to
OPM's Qualifications Standards.