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Actuary

Department of Homeland Security
Federal Emergency Management Agency
Resilience-Federal Insurance & Mitigation Administration
This job announcement has closed

Summary

In this position you work as a member of the Resilience-FIMA, Risk Management, Actuarial & Catastrophic Modeling Branch. The ideal candidate for this position will work as a professional actuary and holds an Associateship or Fellowship from an American or International Actuarial Society.

Overview

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Reviewing applications
Open & closing dates
11/13/2024 to 11/18/2024
This job will close when we have received 100 applications which may be sooner than the closing date. Learn more
Salary
$139,395 to - $181,216 per year
Pay scale & grade
GS 14
Location
1 vacancy in the following location:
Washington, DC
Remote job
No
Telework eligible
Yes—as determined by the agency policy.
Travel Required
Occasional travel - You may be expected to travel for this position.
Relocation expenses reimbursed
No
Appointment type
Permanent
Work schedule
Full-time
Service
Competitive
Promotion potential
14
Job family (Series)
Supervisory status
No
Security clearance
Not Required
Drug test
No
Position sensitivity and risk
Moderate Risk (MR)
Trust determination process
Financial disclosure
No
Bargaining unit status
Yes
Announcement number
818808-CS-12599286-DH
Control number
818729000

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Duties

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What will I do in this position if hired?

In this position, you will serve as an Actuary for the Resilience-FIMA, Risk Management, Actuarial & Catastrophic Modeling Branch. Typical assignments include:

  • Performing quantitative analyses, statistical, and actuarial support including rate-making for existing and for new coverages based on consideration of loss experience, actuarial models, and catastrophic models.
  • Studying the catastrophic loss funding requirements unique to the National Flood Insurance Program (NFIP).
  • Performing quantitative analyses and actuarial support to provide management with a quantitative basis for making program decisions on the size, scope and mechanism for providing insurance coverage and changes to insurance coverages.
  • Acting as a federal representative with contractor staff, insurance companies and their industry advisory groups, and others in policy matters concerning actuarial aspects of the NFIP.
  • Preparing and presenting briefings explaining and defending studies and results to various internal and external groups.
  • Serving as the expert technical advisor for the development of actuarial policy used as guidelines for insurance underwriters for participating flood insurance companies nationwide.

What else do I need to know?

At FEMA, our mission is to help people before, during and after disasters, and every employee at FEMA has a role in emergency management. Every FEMA employee has regular and recurring emergency management responsibilities, though not every position requires routine deployment to disaster sites. All positions are subject to recall around the clock for emergency management operations, which may require irregular work hours, work at locations other than the official duty station, and may include duties other than those specified in the employee's official position description. Travel requirements in support of emergency operations may be extensive in nature (weeks to months), with little advance notice, and may require employees to relocate to emergency sites with physically austere and operationally challenging conditions.

FEMA is committed to ensuring that its workforce reflects the diversity of the nation. At FEMA, our workforce includes the many identities, races, ethnicities, backgrounds, abilities, ages, cultures, and beliefs of the people we serve. To learn about FEMA's ongoing diversity and inclusion efforts, reasonable accommodation process, and the FEMA Core Values, please visit www.fema.gov.

Requirements

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Conditions of employment

To ensure the accomplishment of our mission, DHS requires every employee to be reliable and trustworthy. To meet those standards, all selected applicants must undergo, successfully pass, and maintain a background investigation for Public Trust-Moderate Risk as a condition of placement into this position. This may include a credit check after initial job qualifications are determined, a review of financial issues, such as delinquency in the payment of debts, child support and/or tax obligations, as well as certain criminal offenses and illegal use or possession of drugs (please visit: Mythbuster on Federal Hiring Policies for additional information). For more information on background investigations for Federal jobs please visit OPM Investigations.

Please ensure you meet the qualification requirements described below.

Key Requirements:
  1. You must be a U.S. citizen to apply for this position.
  2. You must successfully pass a background investigation.
  3. Selective Service registration required.
  4. Current federal employees must meet time-in-grade requirements.
  5. You must be able to obtain and maintain a Government credit card.
  6. You must be able to deploy with little or no advance notice to anywhere in the United States and its territories for an extended period of time.
  7. Please review the Additional Information section for additional key requirements.

Qualifications

The qualification requirements listed below must be met within 30 days of the closing date of the announcement.

This position has an individual occupation requirement - Actuarial Science Series 1510. In addition to the Minimum Requirements below, you must also meet the Basic Requirements. Submission of transcript is required. Unofficial is acceptable at time of application.

Basic Requirements:


Applicants must meet one of the following requirements:

  1. 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
  1. Combination of education and experience that includes both of the following requirements:
    • Technical work experience in actuarial support work or in mathematics; and
    • 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.
And

For GS-13 and above or Equivalent Grade Levels:
Applicants may qualify for higher grade levels by meeting all of the following requirements:
    • One year of actuarial experience equivalent to the next lower grade level; and
    • A course of educational study as described in paragraph (a) above.
Minimum Requirements:

To qualify for this position at the GS-14 level, you must possess one full year of specialized experience equivalent to at least the GS-13 level in the Federal government, which has equipped you with the skills needed to successfully perform the duties of the position. Experience may be obtained in the federal government, a state or local government, or private sector, and must demonstrate the following
  • Working as a professional actuary; AND
  • Designing and implementing actuarial studies, analyses, or projections; AND
  • Providing actuarial advice and communications for actuarial projects.

Please read the following important information to ensure we have everything we need to consider your application:

  • Do not copy and paste the duties, specialized experience, or occupational assessment questionnaire from this announcement into your resume as that will not be considered a demonstration of your qualifications for this position.
  • Please limit your resume to five pages. If more than five pages are submitted, only the first five pages will be reviewed to determine your eligibility and qualifications.
  • Your resume serves as the basis for experience related qualification determinations, and you must highlight your most relevant and significant work experience and education (if applicable), as it relates to this job opportunity. Please use your own words, be clear, and specific when describing your work history. We cannot make assumptions regarding your experience.

Are you qualifying based on your work experience?

  • Qualifications are based on your ability to demonstrate in your resume that you possess one year of the specialized experience for this announcement at a comparable scope and responsibility. To ensure all of the essential information is in your resume, we encourage you to use the USAJOBS online Resume Builder. If you choose to use your own resume, it must contain the following information organized by experience/position: (1) job title, (2) name of employer, (3) start and end dates of each period of employment (from MM/DD/YY to MM/DD/YY), (4) detailed description of duties performed, accomplishments, and related skills, and (5) hours worked per week (part-time employment will be prorated in crediting experience). Federal experience/positions must also include the occupational series, grade level, and dates in which you held each grade level.
  • Are you a current or former FEMA Reservist/Disaster Assistance Employee (DAE)? To accurately credit your experience from intermittent positions and Reservist Deployments, you must list the dates (from MM/DD/YY to MM/DD/YY) of deployments that are relevant to your qualifying experience, along with the job title and specific duties you were responsible for during each deployment.
  • Determining length of General or Specialized Experience is dependent on the above information. Failure to provide the above information in your resume may result in your application being found "not qualified."
  • 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 provides valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

Education

Positive Education Requirement: This position has a positive education requirement, as outlined in the "requirements" section. You must submit a copy of your transcripts (unofficial are acceptable) with your online application. Once selected and prior to appointment, applicants must provide official college transcripts.

Education completed in foreign colleges or universities may be used to meet Federal qualification requirements if you can show that your foreign education is comparable to education received in accredited educational institutions in the United States. For example, specific courses accepted for college-level credit by an accredited U.S. college or university, or foreign education evaluated by an organization recognized for accreditation by the Department of Education as education equivalent to that gained in an accredited U.S. college or university. It is your responsibility to provide such evidence with your application. Visit the Department of Education's Recognition of Foreign Qualifications for more information.

Additional information

  • If you receive a conditional offer of employment for this position, you will be required to complete an Optional Form 306, Declaration for Federal Employment, and to sign and certify the accuracy of all information in your application, prior to entry on duty. False statements on any part of the application may result in withdrawal of offer of employment, dismissal after beginning work, fine, or imprisonment.
  • The Fair Chance to Compete for Jobs Act prohibits the Department of Homeland Security and its Components from requesting an applicant's criminal history record before that individual receives a conditional offer of employment. In accordance with 5 U.S. Code § 9202(c) and 5 C.F.R § 920.201 certain positions are exempt from the provisions of the Fair Chance to Compete Act. Applicants who believe they have been subjected to a violation of the Fair Chance to Compete for Jobs Act, may submit a written complaint to FEMA-Misconduct@fema.dhs.gov.
  • DHS uses E-verify, an internet based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities.
  • The Department of Homeland Security encourages persons with disabilities to apply, to include persons with intellectual, severe physical or psychiatric disabilities, as defined by 5 CFR § 213.3102(u), and/or Disabled Veterans with a compensable service-connected disability of 30 percent or more as defined by 5 CFR § 315.707. Veterans, Peace Corps/VISTA volunteers, and persons with disabilities possess a wealth of unique talents, experiences, and competencies that can be invaluable to the DHS mission. If you are a member of one of these groups, you may not have to compete with the public for federal jobs. To determine your eligibility for non-competitive appointment and to understand the required documentation, click on the links above or contact the Servicing Human Resources Office listed at the bottom of this announcement.
  • A one-year probationary period is required for new Federal competitive service employees and new supervisors and managers.
  • Applying to this announcement certifies that you give permission for DHS to share your application with others in DHS for similar positions.
  • During the application process you will have an option to opt-in to make your resume available to hiring managers in the agency who have similar positions. Opting in does not impact your application for this announcement, nor does it guarantee further consideration for additional positions.
  • This is a Bargaining Unit position.

How you will be evaluated

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

Direct Hire authority will be used to fill this position. Veterans' preference, category rating and traditional rating and ranking of applicants does not apply to positions filled under this announcement.

Career Transition Assistance Plan (CTAP) / Interagency Career Transition Assistance Plan (ICTAP) Eligible: If you have never worked for the federal government, you are not CTAP/ICTAP eligible. View information about CTAP/ICTAP eligibility on OPM's Career Transition Resources website. To be considered under CTAP/ICTAP, you must meet the well-qualified standards for the position. A well-qualified applicant must satisfy the following criteria: In addition to meeting minimum qualifications, including selective factors, education, and experience requirements, the applicant must be able to perform the duties of the position upon entry. In addition, you must submit the supporting documents listed under the required documents section of this announcement.

All applicants who meet the basic qualification requirements at the grade level for which they are applying will be forwarded to the Selecting Official for consideration.

Interview Requirement. Interviews may be required for this position. Failure to complete the interview may result in removal from further consideration.

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