ACTUARY.

Pension Benefit Guaranty Corporation (PBGC)

Washington (District of Columbia)

On-site

USD 110,000 - 160,000

Full time

9 days ago
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Job summary

Pension Benefit Guaranty Corporation (PBGC) seeks an experienced actuarial professional to provide authoritative analysis on complex, multiemployer pension issues with national impact. The role includes preparing position papers, evaluating proposed regulations, and presenting findings to senior PBGC staff.

You will conduct studies, guide valuation models, and represent PBGC at conferences on critical technical issues, contributing to policy and program implementation across the federal sector.

Qualifications

  • Specialized Experience applying actuarial principles to multi-employer defined benefit plans.
  • Experience evaluating effects of changes in the pension environment on multiemployer plans.
  • Experience advising on pension issues to plan sponsors and presenting recommendations.
  • EA/ASA/FSA credential preferred but not required.

Responsibilities

  • Provide actuarial analysis and technical advice on complex matters with national PBGC impact.
  • Identify emerging issues and prepare position papers for senior PBGC staff.
  • Conduct studies and guide valuation models used by PBGC.
  • Represent PBGC at conferences and meetings on technical issues.

Skills

Actuarial analysis
Pension policy
Regulatory advisement

Education

Bachelor's degree with actuarial science / mathematics courses

Job description

Duties

The Candidate Selected For This Position Will

  • Provide 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.
  • Identify 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.
  • Conduct 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.
  • Conduct 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

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 one year 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 multi-employer 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 to pension plan sponsors.

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

To be considered under a special hiring authority such as the

PBGC encourages qualified applicants with disabilities to apply. If you are requiring reasonable accommodations, please contact PBGC's Reasonable Accommodation Coordinator, Denorse Prince, at (202) 286-4026 or prince.denorse

All Veterans are encouraged to visit for resume writing tips and skill conversion terms.

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

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.

A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding.

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Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.

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