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Student Trainee (Actuary)

Office of Personnel Management
Healthcare & Insurance, Office of Actuaries
This job announcement has closed

Summary

The Pathways Internship Program targets students accepted for enrollment or currently enrolled in a degree-seeking program in a accredited educational institution, on at least a half-time basis. At the successful conclusion of this program, you may be eligible for non-competitive conversion to a Federal career or career-conditional position.

This is a Temporary, Full-Time Intern position part of the Healthcare and Insurance Actuaries, Office of Personnel Management.

Overview

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Hiring complete
Open & closing dates
11/28/2022 to 12/12/2022
Salary
$36,542 to - $47,503 per year
Pay scale & grade
GS 4
Location
Washington, DC
6 vacancies
Remote job
No
Telework eligible
Yes—as determined by the agency policy.
Travel Required
Not required
Relocation expenses reimbursed
No
Appointment type
Internships
Work schedule
Full-time
Service
Excepted
Promotion potential
None
Supervisory status
No
Security clearance
Other
Drug test
No
Position sensitivity and risk
Non-sensitive (NS)/Low Risk
Trust determination process
Announcement number
23-036-JRT-IN
Control number
691056000

This job is open to

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Clarification from the agency

This is a Temporary, Full-Time Intern position, Not-To-Exceed 1 year - appointment may be extended.

Duties

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  • Review development of base community rate proposals of approximately 20 Health Maintenance Organization (HMO) Plans.
  • Add costs for special benefits purchased by the Federal program and check summary of rate proposals for community rated plans.
  • Communicate with various personnel for Health Plans and with OPM staff in resolving questions about rate reconciliation and rate proposals.

Requirements

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Conditions of employment

  • Must be a U.S. Citizen or National
  • Males born after 12-31-59 must be registered for Selective Service
  • Suitable for Federal employment, determined by a background investigation
  • May be required to successfully complete a probationary period
  • This position is eligible for inclusion in the bargaining unit. The union that represents employees in this position is the American Federation of Government Employees (AFGE) Local 32.
  • Applicants for this position must be available to work a regular full-time schedule during the period of May 22, 2023 through August 15, 2023.

Qualifications

For the GS 4: You must be enrolled in a bachelor's degree program that includes courses in actuarial science, mathematics, relevant statistics, business, finance, economics, insurance, or computer science expecting to total at least 24 semester hours by graduation. This course work must include a minimum of 12 semester hours of mathematics that includes differential and integral calculus and one or more courses in mathematics for which these calculus courses are prerequisites.

OR

A combination of education and experience that includes both the following requirements: Technical work experience in actuarial support work or in mathematics; and working towards 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 include a minimum of 12 semester hours of mathematics that includes differential and integral calculus and one or more courses in mathematics for which these calculus courses are prerequisites.

To meet the Intern Eligibility requirements, you must be a student accepted for enrollment or enrolled and seeking a degree (diploma, certificate, degree) in a qualifying educational institution, on a full or half-time basis (as defined by the institution in which the student is enrolled).

Accepted for Enrollment: If you have been accepted for enrollment in an institution but have not yet begun coursework, you must submit an Acceptance Letter from the institution AND your most recent academic transcript from your previous program.

All Education must be accredited by an accredited institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications (particularly positions with a positive education requirement.) Therefore, applicants must report only attendance and/or degrees from schools accredited by accredited institutions recognized by the U.S. Department of Education. Applicants may verify accreditation at the following website: Accreditation. All education claimed by applicants will be verified by OPM accordingly.

You must meet all qualification and eligibility requirements by the closing date of this announcement.

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.

Education

Additional information

Relocation expenses will not be paid.

This job opportunity announcement may be used to fill additional similar vacancies across OPM.

If you are unable to apply online or need to fax a document that you do not have in electronic form, view the following link for information regarding an Alternate Application: http://help.usastaffing.gov/Apply/index.php?title=Alternate_Application_Information

If you are a veteran and you are claiming 5-point veterans' preference, you must submit a copy of your DD-214 or other proof of eligibility.
If you are a veteran and you are claiming 10-point veterans' preference, you must also submit an SF-15, "Application for 10-Point Veterans' Preference" plus the proof required by that form. For more information on veterans' preference click here.

Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/Home/Registration).

CONVERSION ELIGIBILITY:
Interns may be converted, without a break in service, to a term, career or career conditional appointment upon completion of program requirements.
To be eligible for conversion, Interns must:

  • Complete at least 640 hours of work experience acquired through the Internship Program
  • Complete their degree or certificate requirements
  • Meet the qualification standards for the position to which the Intern will be converted
  • Meet agency-specific requirements as specified in the Participant's Agreement
  • Perform their job successfully
Agencies may waive up to 320 of the required 640 hours of work for Interns who demonstrate high potential as evidenced by outstanding academic achievement and exceptional job performance.

In addition, students working in agencies through third-party intern providers may count up to 320 of the hours they work toward the 640 hour requirement.

Time spent under previous Internship Program appointments may count towards required work.

If converted to a permanent or term appointment, the anticipated target position will be Actuary with full performance level of GS-14; however, the target position and full performance level may change based on the need of the organization at that time. Interns must meet the qualification requirements for the position to which converted.

Extensions: This appointment may be extended without further competition based on the need of the organization for the work to continue and provided the individual continues to meet the eligibility requirements.

If you are unable to apply online or need to fax a document that you do not have in electronic form, view the following link for information regarding an Alternate Application. Click the following link for more information, https://help.usastaffing.gov/Apply/index.php?title=Alternate_Application_Information.

How you will be evaluated

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

Once the application process is complete, your resume will be used to determine whether you meet the job qualifications listed on this announcement.

Qualified applicants will be placed in one of four groupings:

  1. Preference eligible having a compensable service-connected disability of 10 percent or more
  2. Other 10-point preference eligible
  3. 5-point preference eligible
  4. No preference eligible
Selection will be made from the highest available preference group, as long as at least three candidates remain in that group. When fewer than three candidates remain in the highest group, consideration may be expanded to include the next grouping.

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