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Summary

The position description number for this position is PD6F1430. For a summary of the major duties, view the full PD at the following link: PD Search.

The incumbent serves as a technical specialist in Actuarial Services, providing principal services involving program cost estimation, financial status evaluation, insurance valuation, financial projection, legislative and regulatory proposal evaluation, consultation, improvement of public understanding, and publication of professional findings.

Overview

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Accepting applications
Location
3 vacancies in the following location:
Work site options
Telework eligible
Yes—as determined by the agency policy.
Remote job
No
Relocation expenses reimbursed
No
Salary
$121,785 - $158,322 per year

Salary shown is for Washington- Baltimore-Arlington, DC-MD-VA-WV-PA.

Pay scale & grade
GS 13
Promotion potential
None
Pay scale and grade determines the salary of the job.
Work schedule
Full-time - Flextime may be available.
Travel Required
Not required
Appointment type
Permanent
Occupations and job series
Supervisory status
No
Federal service type
This job is in the Competitive Service
Represented by a union
Yes
Drug test
No
Security clearance
Not Required
Position sensitivity and risk
Moderate Risk (MR)
Jobs require a background check and some require a security clearance. The type depends on the job.
Background check type
Financial disclosure required
No
Some jobs require financial disclosure to identify conflicts of interests.
Announcement number
SSA-13104153-MP27-ACT
Control number
891034600

This job is open to

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Clarification from the agency

This position is open to current permanent SSA employees in Actuarial Services only.

Duties

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  • Implements and refines actuarial models to project future program costs, liabilities, and trends, comparing past forecasts with actual outcomes to identify relevant trends and forces.
  • Utilizes advanced statistical and mathematical techniques to analyze large datasets, evaluate assumptions, and ensure the accuracy and reliability of study samples and projections.
  • Conducts complex actuarial analyses and develops mathematical models to evaluate SSA financial risks, social insurance programs, and benefit programs.
  • Prepares detailed reports, presentations, and documentation of actuarial findings, communicating model results and providing recommendations to management and stakeholders.
  • Reviews and evaluates the impact of proposed legislation, regulations, or program changes on actuarial assumptions and outcomes.
  • Ensures compliance with federal standards and guidelines for actuarial work.
  • Reviews and synthesizes current professional literature in fields relevant to actuarial research, including insurance, statistics, and mathematics, maintains up-to-date knowledge of developments in actuarial science, federal regulations,
  • (CONT.) and industry best practices and evaluates their implications on the work of the office.
  • Plans, executes, and oversees comprehensive actuarial research, preparing actuarial estimates and calculations for a major program or a major portion of a SSA programs, or for a related functional area.
  • Plans, develops, and conducts new or special actuarial studies to introduce innovative methods and techniques that support the effective management of assigned programs.
  • Provides advisory services, on request, to other SSA departments, other government agencies, research organizations, and members of Congress and their staff, and works with senior actuaries, analysts, and program managers concerning
  • (CONT.) study approaches and research techniques amenable to actuarial methods to support the Agency’s mission.
  • Accompanies the Chief Actuary at meetings and discussions or may represent Actuarial Services at these meetings.

Requirements

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Conditions of employment

  • All application materials must be received by the closing date.
  • Applicants must be in good standing.
  • Applicants must have a fully successful rating of record.
  • Official Personnel Folders will not be reviewed.
  • Requests for copies of application documents will not be accepted.
  • All application forms submitted become the property of SSA Human Resources.

Qualifications

Resumes exceeding two pages in length will not be considered. Visit the 'Required Documents' section below for more information.

*** YOUR RESUME/SSA-45 MUST INCLUDE YOUR CURRENT and PERMANENT ORGANIZATION (i.e., component) AND LOCATION OF YOUR CURRENT DUTY STATION. *** Reviewers must be able to determine the Chief-level office you are currently working in from your resume or SSA-45.

Individual Occupational Requirements for GS-13 Actuary
: Applicants may qualify by meeting ALL of the following requirements:

  1. One year of actuarial experience equivalent to the next lower grade level; and

  2. A course of educational study in actuarial science, mathematics, relevant statistics, business, finance, economics, insurance, or computer science.

In addition to meeting the basic requirement, applicants must also meet the grade specific requirements below in order to qualify:

Applicants must have 52 weeks of specialized experience at the GS-12 level, or equivalent, which is in or related to the work of the position to be filled and has equipped applicant with the particular knowledge, skills, and abilities to successfully perform the duties of the position. Such experience must include both:
  • Professional knowledge in one or more of the following disciplines: mathematics, statistics, business, finance, economics, or insurance.
  • Professional knowledge of programs and problems related to financial risks posed by one or more of the following: Life, health, retirement/pension, or property/casualty entities.

ALL of this specialized experience is REQUIRED and must be explicitly documented/described in your resume, or you may be disqualified from further consideration.

Qualification requirements must be met by the closing date of this announcement.

Applicants for promotion must have 52 weeks at GS-12.

Time in grade requirement must be met by the closing date of this announcement.

Education

This position does not have an education qualification substitution.

Additional information

Applications for noncompetitive consideration will be accepted from SSA employees in the area of consideration who are currently serving under the following types of appointments: Schedule A, Reg. 213.3102 (U) appointments for individuals with disabilities and time limited appointments for veterans with a compensable service-connected disability of 30% or more. Applicants serving under these provisions do not need to submit copies of your disability or Veteran's documentation. However, you must submit a current SF-50 that provides information on the appointment authority under which you were hired. Otherwise, you will not receive non-competitive consideration.

NOTE: Excepted service employees serving under Schedule A appointments for Attorney positions or Pathways Programs appointments (Presidential Management Fellows, Recent Graduates, and Interns) are not eligible for consideration.

This is a bargaining unit position, represented by AFGE, to be filled under the provisions of the SSA/AFGE Merit Promotion Plan.

Additional selections may be made within 6 months of the date the best qualified list is issued.

LOCALITY PAY: Salary will be set in accordance with locality pay provisions. Candidates currently receiving a higher locality pay than the office applied for are advised that should they be selected, they will lose entitlement to the higher locality pay.

OTHER NOTES:

This position is eligible for telework in accordance with agency policy.

Relocation expenses will not be paid.

This is a moderate-risk public trust position. The selected employee will be required to complete a Standard Form 85P, Questionnaire for Public Trust Positions, in order to have the appropriate investigation conducted, unless the employee has been previously certified eligible to occupy a position at this level.

Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.

How you will be evaluated

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

The following knowledge, skills, and abilities are necessary to perform the duties of the position:

  • Knowledge of the Social Security programs, their operation and statistical resources.
  • Knowledge of actuarial theory.
  • Ability to apply existing actuarial knowledge and research methodology to current assignments.
  • Ability to present findings of facts and analyses in logical, clear form (both written and oral) and to make valid recommendations.
Applicants will be assessed using the rating criteria listed in the following link: https://apply.usastaffing.gov/ViewQuestionnaire/13104153

Social Security Administration

Agency contact information

Ginny Sherrard-Lees
Phone
410-965-7696
Email
ginny.sherrard-lees@ssa.gov
Address
Actuarial Services
6401 Security Boulevard
Baltimore, MD 21235
US

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