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Actuary (Multiemployer Visiting) - DH

Pension Benefit Guaranty Corporation
This job announcement has closed

Summary

This position is in the Policy, Research, and Analysis Department (PRAD), Office of Policy and External Affairs (OPEA), Pension Benefit Guaranty Corporation (PBGC).

This is a term not to exceed 2 years position that may be extended or become permanent without further competition.  

This position may be eligible for remote work outside of the DMV area only. 

More than one selection may be made from this vacancy announcement. 

Overview

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Reviewing applications
Open & closing dates
10/29/2024 to 11/25/2024
Salary
$143,736 to - $191,900 per year
Pay scale & grade
GS 15
Location
1 vacancy in the following location:
Location Negotiable After Selection
1 vacancy
Remote job
No
Telework eligible
Yes—This position may be eligible for remote work outside of the DMV area only.
Travel Required
Occasional travel - Less than 10 %
Relocation expenses reimbursed
Yes—Recruitment incentives may be authorized for this position, if applicable.
Appointment type
Term - May be extended and/or made permanent without further competition.
Work schedule
Full-time
Service
Competitive
Promotion potential
15
Job family (Series)
Supervisory status
No
Security clearance
Other
Drug test
No
Position sensitivity and risk
High Risk (HR)
Trust determination process
Bargaining unit status
Yes
Announcement number
OPEA-2025-0002
Control number
816472700

This job is open to

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Clarification from the agency

Applications will be accepted from any U.S. citizen. Direct Hire Authority will be used to fill this position, Veterans Preference and traditional rating and ranking of applicants does not apply to this vacancy.

Duties

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PRAD’s mission is to conduct and coordinate analysis and research related to policy, including economic and actuarial policy, which impacts pensions. The employee in this position serves as a recognized authority to advise the PBGC Director, PRAD Director, and other senior level staff on policies, practices, theories, and trends in the multiemployer pension plan community as they pertain to PBGC’s actuarial policies, programs, and activities in the area of multiemployer pension plans. 

  • Provides authoritative analysis, technical insight, advice and recommendations on complex, sensitive actuarial matters with national impact, proposed regulations and laws, and rulings and decisions that impact PBGC.
  • Identifies emerging issues that require study and evaluation with a focus on multiemployer pension plans and their operation, prepares position papers on these matters, and presents findings to the Department Director and other senior PBGC/PRAD staff.
  • Conducts special studies concerning the effects of proposed or new regulations and legislation. Provides specific direction and guidance on the development of valuation systems and models for use by PBGC.
  • Conducts briefing sessions and meetings with regard to areas such as PBGC initiatives, proposed policy changes, rulings, and complex technical issues. Represents the PBGC Director or PRAD Director at conferences, meetings, etc., on critical technical issues.

Requirements

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Conditions of employment

  • You must be a U.S. citizen
  • You may undergo a personnel security background investigation
  • Selective Service registration required for male applicants, unless exempt
  • 1-year probationary period required unless met during prior Federal service
  • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency
  • Selected applicants will be required to complete an online onboarding process

Qualifications

All qualification and eligibility requirements must be met by the announcement closing date.

To meet the minimum qualifications for this position, you must meet the specialized experience qualifications for the grade at which you are requesting consideration.

Specialized Experience: Applicants must have at least five years of specialized experience at the GS-14 grade level in the Federal service or equivalent to the GS-14 grade level in the private sector applying the principles and practices of actuarial science to multiemployer defined benefit plans.

Examples include: experience evaluating and analyzing the effects of changes in the pension environment on specific multiemployer plans, determination of withdrawal liabilities, and experience advising on, presenting recommendations on, and providing summaries of pension issues and policy matters.

Note: An Enrolled Actuary (EA), an Associate of the Society of Actuaries (ASA) or a Fellow of the Society of Actuaries (FSA) credential is preferred but not required.

Education

In order to qualify for this position, you must possess the following education:

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.

You must submit transcripts to verify that you meet the education requirement.

Additional information

The agency may terminate a term employee at any time during the trial period.

If you are requiring reasonable accommodations, please contact PBGC’s Reasonable Accommodation Coordinator, Roderick Duncan, at (202) 286-7803 or Duncan.Roderick@pbgc.gov. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Interagency Career Transition Assistance Programs: These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must: 1) meet CTAP or ICTAP eligibility criteria; 2) be rated well-qualified for the position with a score of 80 or above based on the competencies listed above (which is equivalent to PBGC’s “Silver” quality category); and 3) submit the appropriate documentation to support your CTAP or ICTAP eligibility. For more information visit: Interagency Career Transition Assistance Programs.

If you believe that you have been subjected to discrimination, you may contact the PBGC Office of Equal Employment Opportunity (OEEO):

OEEO Main Office Phone: 202-229-4363

Email: EEO@PBGC.gov

How you will be evaluated

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

THIS VACANCY ANNOUNCEMENT IS BEING ADVERTISED UNDER THE DIRECT HIRE APPOINTING AUTHORITY.

  • There will be no applicant self-assessment or rating and ranking process.
  • You will be evaluated for this job based on whether you meet the minimum qualification requirements.
  • Under the provisions of the Direct-Hire Appointing Authority, veterans' preference does not apply.

We will review your resume and supporting documentation to ensure you meet the minimum qualification requirements.


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