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    This position is in the Office of the Assistant Secretary for the Office of Management (OM) at the Department of Veterans Affairs (VA) Central Office Headquarters, Washington, DC: The incumbent will serve as the Actuary for the entire Department of Veterans Affairs and reports to the Principal Deputy Assistant Secretary for Management and Deputy Chief Financial Officer, Office of Management.

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    The incumbent serves as the Actuary with specific focus to develop, implement, and oversee actuarial programs pertinent for financial reporting, including managing a wide range of projections across the full range of VA programs. This includes (but is not limited to) VA medical and health care services, community care, disability compensation, pension, education benefits, insurance, home loan guaranty benefits, vocational rehabilitation, and memorial affairs.

    The responsibilities include, but are not limited to:

    • Ensure adherence to enacted laws and directives with actuarial implications
    The Actuary is responsible for providing leadership and actuarial expertise on the affect and implications of enacted laws and directives published by the regulatory agencies such as the Federal Accounting Standards Advisory Board, General Accounting Office, Office of Management and Budget (0MB), Department of Treasury , and other oversight agencies. Produces actuarial deliverables that meet the requirements of financial reporting and the annual financial statement audit. Ensures actuarial estimates requiring recognition of liabilities for significant VA programs are complete and reasonably accurate. Develops attributes that can be quantified in monetary units with sufficient reliability to be reasonably estimable.
    • Compiles Statistical Data for Analysis & Reports
    Manages a wide variety of projections across the VA with heavy emphasis on medical and health care services, disability compensation, and other post-employment benefit programs. Possess strong skills to articulate, justify, and defend the Department's actuarial estimates to the Office of Inspector General, VA's independent auditors, and the Department of Treasury with respect to the Department's annual financial statement audit and financial reporting disclosures. In addition, with respect to the Department's annual budget submission, the Actuary articulates, justifies, and advocates for the actuarial methodologies and calculations supporting the Department's annual budget submission before OMB and VA's Congressional Committees of jurisdiction. Provides a high level of predictive
    modeling and research to achieve VA objectives. Responsible for projects requiring advanced actuarial projection, statistical analysis, data mining, predictive modeling and innovative research skills. Interacts with VA executive leadership on work assignments requiring the ability to independently plan, organize, and accomplish complex work assignments, as well as defend findings, both orally and in writing.
    • Estimate Probability and Cost
    Manages and develops new approaches to problems using advanced data mining and predictive techniques (such as decision tree, Generalized Linear Model, Linear Models, NN, and Multivariate Adoptive Regression Splines). Builds predictive models using diverse data sources including VA databases, inter-agency data, and industry data sources. Directs the implementation of model results into VA decisions and strategies. Develops various models
    and recommendations for their future use, including the potential to leverage multiple model estimates. Performs advanced programming in SAS, Excel, Access or other software to perform data mining and predictive modeling activities .
    • Design, test, and administer strategies to minimize risk
    Provides authoritative actuarial consultation and advice on a wide range of program issues to executive directors from all organizational elements of the Department and other relevant Departments and agencies as appropriate. Possess elevated experience and background to work across Departmental programs by reviewing and ensuring the quality and completeness of work performed by contract actuaries as well as VA program specific actuaries (Insurance, Loan Guarantee, Compensation & Pension actuaries, etc.). Performs evaluation of proposed legislation affecting Veterans program for its cost, impact, and actuarial soundness and prepares supporting evidence for the findings that can be understood by a layman. Designs and conducts ad-hoc models and analyses. Communicates with lead actuaries and officials of other Government agencies, as well as with non-Government actuaries on matters pertaining to the actuarial aspects of VA services.

    *Performs Other Mission Related Duties Assigned

    Travel Required

    25% or less - You may be expected to travel for this position.

    Supervisory status


    Promotion Potential


This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/603445400. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.