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Student Trainee (Actuarial Science)

Department of Health and Human Services
Centers for Medicare & Medicaid Services
Office of the Actuary (OACT)
This job announcement has closed

Summary

For more information about organizational components in CMS, visit http://www.cms.gov/.

As a Student Trainee (Actuarial Science), GS-1599-4, you will perform basic mathematical computations and prepare graphs and spreadsheets for cost estimates, health expenditure analyses and financial status evaluations. These operations may be complex because of the number of compilations to be made and their inter-relationships.

This announcement was extended until 10/16/2024.

Overview

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Hiring complete
Open & closing dates
10/03/2024 to 10/16/2024
Salary
$19.33 to - $19.33 per hour
Pay scale & grade
GS 4
Location
3 vacancies in the following location:
Woodlawn, MD
Remote job
No
Telework eligible
Yes—as determined by the agency policy.
Travel Required
Not required
Relocation expenses reimbursed
No
Appointment type
Multiple - Summer Pathways Internship Not-To-Exceed 12 weeks
Work schedule
Multiple Schedules - Full-time or Part-time
Service
Excepted
Promotion potential
None
Supervisory status
No
Security clearance
Not Required
Drug test
No
Position sensitivity and risk
Non-sensitive (NS)/Low Risk
Trust determination process
Financial disclosure
No
Bargaining unit status
No
Announcement number
HHS-CMS-IN-25-12558282
Control number
812067000

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Duties

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  • Perform basic mathematical computations of experimental of other types of data to a form suitable to support higher-graded actuaries' development of cost estimates, health expenditure analyses, and financial status evaluations.
  • Prepare graphs, spreadsheets, or other materials used to communicate the results of mathematical computations and the findings of statistical analyses.

Requirements

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Conditions of employment

  • You must be a U.S. Citizen or National to apply for this position.
  • You must possess a cumulative GPA of 3.0 or higher on a 4.0 scale.
  • You will be subject to a background and suitability investigation.
  • You must sign a Pathways Participant Agreement before starting employment.
  • You must be 16 years old to be employed by the Federal government.
  • Applicants who graduate college at the conclusion of the Spring 2025 semester may only be considered if they remain enrolled and are also accepted for enrollment for the Summer 2025 or Fall 2025 semester.

Qualifications

ALL PROGRAM ELIGIBILITY AND QUALIFICATION REQUIREMENTS MUST BE MET BY THE CLOSING DATE OF THIS ANNOUNCEMENT.

PROGRAM ELIGIBILITY REQUIREMENT:

To be eligible for the CMS Pathways - Summer Internship Program, an individual must be enrolled and seeking a degree (e.g., diploma, certificate, etc.) in a qualifying educational institution/program on a full or half-time basis for the current FALL 2025 and upcoming SPRING 2025 semesters. Additional proof of enrollment for the upcoming SUMMER or FALL 2025 semester will be required before a final job offer can be extended. Click here for a definition of a qualifying education institution/program.
- AND -
Possess and maintain a cumulative Grade Point Average (GPA) of 3.0 or higher on the unweighted 4.0 scale. GPA is based on current enrollment. GPA 2.95 is rounded to 3.0 and 2.94 is rounded to 2.9. NOTE: Students enrolled in a school or college that utilizes a Pass/Fail grading system are required to submit an unofficial transcript which must include the Institutions legend that documents the Pass/Fail equivalency.

TRANSCRIPTS or other applicable education documents (e.g., acceptance letter) are required at the time of application to verify program eligibility.

QUALIFICATION REQUIREMENTS:

  • GS-04: Completion of 2 full academic years of education above high school OR an Associate's or equivalent degree. Two full academic years post high-school is defined as 60 credits for degrees that require a total of 120 semester hours or 90 quarter hours for degrees that require a total of 180 quarter hours.
TRANSCRIPTS are required at the time of application to verify satisfactory completion of education as part of the program eligibility and qualification requirements. You must submit an unofficial transcript from your Institution attesting to your possession of the required education. All unofficial transcripts must include the following: current overall GPA, enrollment status, major, and the number of credits for each course. If you do not submit a transcript indicating your possession of the required education, you will not be considered for this position.

If you are enrolled for the FALL 2024 semester and do not have a transcript (e.g., a graduating high school student that is enrolled for a bachelor's degree program for FALL 2024, in addition to your High School or previous Degree transcript), you MUST provide proof of acceptance or an enrollment letter from your Institution with your application. If you do not submit the required documentation, you will not be considered for this position.

Click the following link to view the occupational questionnaire: https://apply.usastaffing.gov/ViewQuestionnaire/12558282

Education

You must be enrolled, pursuing, or have completed a degree or coursework in actuarial science, mathematics, relevant statistics, business, finance, economics, insurance, or computer science.

Additional information

Salary Range: All CMS Pathways Interns are hired at the step 1 of the grade in which they are selected. Your salary will be based upon the locality pay of your duty station as determined by law. For more information about federal civilian locality pay rates, see opm.gov

Bargaining Unit Position: No
Tour of Duty: Flexible
Recruitment/Relocation Incentive: Not Authorized
Financial Disclosure: Not Required

Workplace Flexibility at CMS: CMS offers flexible working arrangements and allows employees the opportunity to participate in telework combined with alternative work schedules at the manager's discretion. This position may be authorized for telework. Telework eligibility will be discussed during the interview process.

Benefits:
*Summer Interns hired on a short-term basis (90 days or less) are not eligible for Federal benefits, i.e. health, life, retirement.
*Appointments made in duration in excess of 90 days and for full-time are eligible for health benefits.
*All summer Interns will accrue sick leave.

Schedule: Interns are eligible to work Full-time (40 hours per week) or Part-time (16 to 32 hours per week).

Duration of Appointment:

  • Summer Intern appointments begin May/June 2025 and will not exceed September 14, 2025.
  • Summer Intern appointments may be extended beyond the not-to-exceed (NTE) date at the agency's discretion.

How you will be evaluated

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

Once the announcement has closed, your online application, resume, transcripts and CMS required documents will be used to determine if you meet eligibility and qualification requirements listed on this announcement. If you are found to be among the top qualified candidates, you will be referred to the selecting official for employment consideration. Please follow all instructions carefully. Errors or omissions may affect your rating.

The rating process used for this announcement does not add veterans' preference points, but protects the rights of veterans by placing them ahead of non-preference eligibles.

Conversion Eligibility:

  • At the agency's discretion, a Summer Intern (Temporary Intern) may be non-competitively converted to an excepted service Pathways Permanent (year-round) Intern appointment; OR
  • At the agency's discretion, a Summer Intern (Temporary Intern) may be non-competitively converted to the competitive service after all requirements for conversion have been met.
For more information about extending appointments and program completion/conversion, review OPM's Internship Program Fact Sheet.

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