Supervisory Actuary - Direct Hire

Summary This position is located in the Pension Benefit Guaranty Corporation's (PBGC), Office of Negotiations and Restructuring (ONR), Negotiations and Restructuring Actuarial Department (NRAD). More than one selection may be made from this vacancy announcement. Responsibilities The candidate selected for this position will: Plan work to be accomplished by subordinates, set and adjust short-term priorities, and prepare schedules for completion of work; develop performance standards and evaluate work performance of subordinates; give advice and counsel to employees on both work and administrative matters; interview candidates for positions in the division; approve and/or disapprove leave and travel requests; hear and resolve complaints from employees; identify developmental and training need of employees providing or arranging for training to meet these needs; carry out supervisory responsibilities in accordance with the corporation's employment practices and EEO programs. Manage work for contractors, lead the technical evaluation of proposals for new contracts, maintain close surveillance of contractors' progress, regularly review documents describing contract status, accept or reject invoices submitted by the Contracting Officer and serve as Contracting Officer's Representative (COR). Provide authoritative analysis, technical insight, advice and recommendations on complex, sensitive actuarial matters relating to single-employer and multiemployer pension plans. Evaluate the advantages and disadvantages of underlying recommendations made in complex, highly technical initiatives, including applications for special financial assistance, benefit suspensions, plan partitions, facilitated mergers, settlement proposals, and bankruptcy negotiations. Provide insight and authoritative advice to the Chief Negotiating Actuary, the Chief of Negotiations and Restructuring, and other senior level staff, and suggest possible courses of action to maintain continuity in the development of interpretative and procedural rules relating to single-employer and multiemployer pension plan issues. Requirements Conditions of Employment 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 evaluating and analyzing the financial condition of pension plans for risk of loss to the single-employer and/or multiemployer insurance program(s). Examples include: applying principles, theory and practices of actuarial science as they apply to single-employer and multiemployer pension plans sufficient to provide authoritative consultation to single employer plan administrators, multiemployer stakeholders and other stakeholders on highly complex actuarial issues. 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. Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education. Additional Information If you are requiring reasonable accommodations, please contact PBGC’s Reasonable Accommodation Coordinator, Roderick Duncan, at (202) 286-7803 or Duncan.Roderick@pbgc.gov. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Interagency Career Transition Assistance Programs: These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must: 1) meet CTAP or ICTAP eligibility criteria; 2) be rated well-qualified for the position with a score of 80 or above based on the competencies listed above (which is equivalent to PBGC’s “Silver” quality category); and 3) submit the appropriate documentation to support your CTAP or ICTAP eligibility. For more information visit: Interagency Career Transition Assistance Programs. 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 Email: EEO@PBGC.gov