Chief Actuary

About the role

This position is located in the U.S. Department of Labor (DOL), Employee Benefits Security Administration. All qualified applicants are encouraged to apply. The Required Documents section of this announcement identifies all documents that must be uploaded in order to be considered a complete application package.

Applicants that do not submit a complete application will not receive further consideration.

What you will do

• Serves as the Department's principal actuarial advisor, providing expert counsel to the Assistant Secretary, Deputy Assistant Secretaries, other Departmental officials, and Congressional committees on the actuarial implications of legislative, regulatory, and policy proposals affecting the nation's pension, retirement, health, and welfare benefit systems.
• Directs EBSA's actuarial research, analysis, and technical consultation functions, ensuring the technical soundness and defensibility of all actuarial products, resolving the most complex and precedent-setting actuarial issues, and reviewing the actuarial soundness of exemption applications and regulatory impact analyses.
• Communicates complex actuarial and policy issues to technical and non-technical audiences at the highest levels of government and industry, preparing or directing the preparation of authoritative reports, testimony, and regulatory analyses for the Assistant Secretary, the Secretary, OMB, and Congress.
• Represents the Department as the senior actuarial expert with federal agencies, professional actuarial organizations, industry and labor representatives, and academic experts, leading interagency and government-industry initiatives on national actuarial policy.
• Leads development of professional actuarial standards, including accreditation, discipline, continuing education, and examination requirements for actuaries serving ERISA-covered plans.
• Directs a professional staff of actuaries and support personnel, managing resource allocation, staffing, budget planning, and organizational structure to achieve program objectives.

Education

In order to qualify for this position you must meet the basic education requirements listed below. Basic Requirements: 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 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.

You must provide a copy of your transcripts from an accredited institution.

Any applicant falsely claiming an academic degree from an accredited school will be subject to actions ranging from disqualification from federal employment to removal from federal service.

If your education was completed at a foreign college or university, you must show comparability to education received in accredited educational institutions in the United States and comparability to applicable minimum coursework requirements for this position. Click Evaluation of Foreign Education for more information.

How you will be evaluated

Your application will be evaluated based on your 2-page resume and how well it demonstrates the required qualifications. Your resume must clearly substantiate the MTQs; if it does not, your application will be deemed ineligible.

In addition to meeting the MTQs, you will be assessed on the following key competencies: Technical Skill Problem Solving Accountability Executive Judgement Strategic Thinking The information you provide on your resume may be verified by a review of your work experience, employment start/end dates/hours worked, and/or education, by checking references, and through other means (ex. interview).

The Division of Executive Resources (DER) makes the final determination concerning applicant ratings. Your resume MUST provide sufficient information to substantiate your responses to the vacancy questions. If not, DER may amend your responses to more accurately reflect the level of competency indicated by the content of your resume.

Your evaluation may also include a review by a Human Resources Specialist or panel and may include other assessments (ex. interview, panel review, written test, writing sample, etc.)

Documents you must provide

• Thoroughly review the following list to determine the documentation you need to submit.
• Your application and ALL required supplemental documents MUST be received by 11:59 pm Eastern Time (ET) on the vacancy closing date to receive consideration.
• If you fail to submit the required documentation before the announcement closes, you will be rated ineligible.
• A complete application includes items described below.
• Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible).
• Please carefully review the following list to determine what documentation you need to submit.
• Some documents may not apply to all applicants.
• Resumes: All applicants are required to submit a resume limited to two (2) pages (i.e., 1 page that is double-sided or 2 pages that are one-sided each) showing all relevant experience.
• To receive full consideration for relevant experience, please list the month, year, and number of work hours worked for the experience listed on your resume.
• Veterans Documents (if applicable): To be considered as a 5-point preference eligible, you must submit a copy of your Certificate of Release or Discharge From Active Duty, DD214.
• Your DD-214 must show the type of discharge and dates of active duty.
• To claim 10-point preference, you must submit a copy of your DD214; an Application for 10-point Veteran's Preference, SF15; and the proof of entitlement of this preference which is normally an official statement, dated 1991 or later, from the Department of Veterans Affairs certifying to the present existence of the service-connected disability and indicating the percentage of your disability.
• (For active-duty service members expecting honorable or general discharge or release within 120 days, click Active Duty).
• Without this documentation, you will not receive the veteran's preference.
• For more information, go to *** The following should be submitted only if applicable: Most Recent SF-50: If applying as a status candidate with current or former Federal Service, please provide a copy of your last or most recent SF-50, Notification of Personnel Action which shows your appointment eligibility for the position for which you are applying. *WARNING: An award SF-50 (ex. cash or time off award) may not indicate grade, step, and competitive status.
• For current DOL employees, an award SF-50 DOES NOT indicate grade and step.
• Most recent performance appraisal/evaluation: Signed and dated within 18 months is requested by the agency, but will not disqualify candidates if not submitted.
• If not submitted during the application process, one may/will be requested at the time of the interview if the opportunity is extended. *In most cases, ICTAP/CTAP applicants must submit this document - please see ICTAP/CTAP links below for more details.
• Displaced Employee Placement Documents: Only required if requesting priority consideration under CTAP or ICTAP eligibility.
• Cover Letters are not mandatory and will not be used to verify experience but may be submitted.
• Do not upload password-protected documents.
• Applicants selected for employment who are not current DOL employees will be required to provide proof of citizenship, and the E-Verify system will be used to confirm the employment eligibility of all new hires.
• As a condition of employment for accepting this position, you may be required to serve a 1-year probationary period, during which we will evaluate your fitness and whether your continued employment advances the public interest.
• In determining if your employment advances the public interest, we may consider: - your performance and conduct; - the needs and interests of the agency; - whether your continued employment would advance organizational goals of the agency or the Government; and - whether your continued employment would advance the efficiency of the Federal service.
• Upon completion of your probationary period, your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.

What to expect next

Once your complete application is received, the Division of Executive Resources will conduct an evaluation of your qualifications and refer candidates for selection consideration. A Subject Matter Expert may be consulted in the review of applications. Candidates will be referred to the hiring manager for further consideration and possible interview.

You will be notified of the outcome. A selection is expected to be made within 30 calendar days from the issuance date of the certificate. For instructions on how to check the status of your application, go to: USAJOBS Help Guide.

USAJOBS will no longer send status alert email notifications. You can check your application status by logging into USAJOBS and in the Applicant Dashboard, click the hiring agency Talent Acquisition System (TAS). If the TAS does not provide application tracking information, contact the agency's point of contact on the job announcement.

Additional information

DOL seeks to attract and retain a high-performing and diverse workforce in which employees' differences are respected and valued to better meet the varying needs of the diverse customers we serve.

DOL fosters a diverse and inclusive work environment that promotes collaboration, flexibility, and fairness so that all individuals are able to participate and contribute to their full potential.

Refer to these links for more information: GENERAL INFORMATION, ADDITIONAL DOCUMENTATION, FORMER FEDERAL EMPLOYEES As a condition of employment, all personnel must undergo a background investigation for access to DOL facilities, systems, information and/or classified materials before they can enter on duty: BACKGROUND INVESTIGATION Based on agency needs, additional positions may be filled using this vacancy.

The Fair Chance Act (FCA) prohibits Federal agencies from requesting an applicant's criminal history information before the agency makes a conditional offer of employment.

If you believe a DOL employee has violated your rights under the FCA, you may file a complaint of the alleged violation following our agency's complaint process Guidelines for Reporting Violations of the Fair Chance Act. Note: The FCA does not apply to some positions specified under the Act, such as law enforcement or national security positions.

All applicants tentatively selected for this position will be required to submit to screening for illegal drug use prior to the appointment. All Department of Labor employees are subject to the provisions of the Drug-Free Workplace Program under Executive Order 12564 and Public Law 100-71.