Actuary
What you'd do
This position is located in FEMA's Resilience, Federal Insurance, Actuarial & Catastrophic Modeling Branch. The ideal candidate for this position will have actuary certification and experience in the insurance industry, leading and advising a team of actuaries, and be flexible to meet the demands of the National Flood Insurance Program's rate setting requirements.
Major duties
What will I do in this position if hired? In this position, you will serve as an Actuary in the Resilience, Federal Insurance, Actuarial & Catastrophic Modeling Branch. Typical assignments include: Performing analytical studies of an exceedingly complex and mathematical nature and incorporating actuarial projections and economic analyses into alternative program designs, rates structures, reinsurance mechanisms and alternative approaches. Leading and undertaking actuarial analysis, rate making, mathematical and statistical analysis. Providing technical direction and coordination of work efforts and reviewing work products for staff developing systems for modeling analytical or reporting purpose. Serving as a senior representative for the National Flood Insurance Program (NFIP) with contractor staff, insurance companies and their industry advisory groups, and others in the interpretation of policy matters concerning actuarial aspects of the NFIP. Preparing and presenting briefings and interpreting and defending studies and results. 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.
What you need to qualify
Individual Occupational Requirements One year of actuarial experience equivalent to the next lower grade level; and a. 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 b. 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. In addition to the Individual Occupational Requirements described above, you must meet the following specialized experience requirements to be considered qualified for the position: Current Federal employees must have served 52 weeks at the next lower grade or equivalent grade band in the Federal service. The qualification requirements listed below must be met by the closing date of this announcement. To qualify for this position at the GS-15 level, you must possess one full year of specialized experience equivalent to at least the GS-14 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: Designing/leading/implementing actuarial studies, analyses, or projections; and, Interpreting/defending/advising on actuarial related studies; and, Providing actuarial advice; and, Serving as a lead communicator 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 two pages. The USAJOBS database will not allow an applicant to submit an application that includes a resume over two pages. 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 grade level, occupational series and dates in which you held each grade level. Are you a current or former FEMA Reservist/DAE employee? 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. For additional information on crediting experience and/or education, please reference the OPM General Schedule Qualification Standards
Before you apply
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