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Actuary

  • Woodlawn, MD, United States

$121,785 to $158,322 USD / year

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Job details

Pay
$121,785 to $158,322 USD / year
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Posting language
English
Posted

Original job description

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. Duties 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.

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:

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

• 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. How you will be evaluated 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 How to apply Please follow all instructions carefully. Errors or omissions may affect your eligibility. When answering the questionnaire, remember that your experience is subject to verification by the selecting official. You may be asked to provide specific examples or documentation of experience to support your answers, or you may be required to verify a response by a practical demonstration of your claimed ability to perform a task.

Notice Concerning Materially False, Fictitious, or Fraudulent Statements

Anything you claim in the occupational questionnaire or in your SSA-45 may be subject to verification. By completing the electronic application process, you are certifying that any statements you make are true, complete, and correct to the best of your knowledge and belief and are made in good faith. Materially false, fictitious, or fraudulent statements or representations are subject to disciplinary action.

To apply for this position, you must provide a complete Application Package which includes:

  • SSA-45
  • The Occupational Questionnaire: Click on the Apply Online button to create an account or log into your existing USAJOBS account and follow the prompts to complete the occupational questionnaire.
  • Additional Required Documents, if applicable (See Required Documents section).

The complete Application Package must be submitted before 11:59 p.m. (EST) on 11/20/2026. Failure to upload any required documents will disqualify your application from consideration.

If you use assistive software or an adaptive device, or you are experiencing some other type of technical difficulty and/or otherwise require assistance with the application process, please contact Ginny Sherrard-Lees at ginny.sherrard-lees@ssa.gov or 410-965-7696.

Individuals with hearing or speech disabilities may use the listed email or 7-1-1 for TTY-based Telecommunications Relay Services to call the listed phone number. Additional Telecommunications Relay Services options are available in each state: https://www.fcc.gov/general/trs-state-and-territories

APPLYING FROM A PERSONAL COMPUTER OUTSIDE OF WORK

SSA employees may access Internal Vacancies On-Line (IVOL) postings and apply for vacancies from locations outside of SSA (e.g., from home, public computer, etc.). Please use the following link:https://www.ssa.gov/careers/ivol. Be sure to forward the link and other application materials (such as the SSA-45) to an email source accessible from outside of SSA (e.g. your personal computer, etc.).

Due to our security procedures, our office will not accept any applications submitted via email, standard mail, or facsimile sent directly to the Servicing Personnel Office. Applicants are required to file through the online application process. The email address is listed only for inquiries about the position or the How to Apply process.

To check the status of your application or return to a previous or incomplete application, log in to your USAJOBS account. Other 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.

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