Actuary - Riverdale - CMS

Description

Summary

This position is located in the Department of Health & Human Services (HHS), Centers for Medicare & Medicaid Services (CMS), Office of the Actuary,Medicare and Medicaid Cost Estimates Group (MMCEG) .

As a Actuary, GS /12, you will be evaluating Medicare trust fund operations; developing program rates; and prepare cost estimates.

Duties

Help

• Analyze recent experience and prepares estimates of future experience for the health care programs.
• Provide actuarial review of capitation rates and payment arrangements.
• Produce estimates for proposed legislative and regulatory changes to the health care program.
• Perform actuarial analysis on the development of projections related to the testing of new payment models.

Requirements

Help

Conditions of employment

• You must be a U.S. Citizen or National to apply for this position.
• You will be subject to a background and suitability investigation.

Qualifications

ALL QUALIFICATION REQUIREMENTS MUST BE MET BY THE CLOSING DATE OF THIS ANNOUNCEMENT.

In order to qualify for the GS-11, you must meet one of the following:

A. PhD or equivalent doctoral degree or 3 years of progressively higher level graduate education leading to a PhD degree in actuarial science, mathematics, statistics, business, finance, economics, insurance, or computer science AND a course of educational study as described in the Education paragraph (A) below. (TRANSCRIPT WITH APPLICABLE COURSES REQUIRED AT TIME OF APPLICATION)

B. A combination of education and experience that includes both of the following requirements: One year (52 weeks) of specialized experience equivalent to the GS-09 level within the public or private sector to include: 1.Researching, coordinating, and providing input for reports utilizing actuarial techniques AND 2.Analyzing, interpreting, or communicating actuarial data and information AND 3.Providing actuarial assistance in review of cost estimates, payment models, or managed care programs; AND 2) a course of educational study as described in the Education paragraph (A) or (B) below. (TRANSCRIPT WITH APPLICABLE COURSES REQUIRED AT TIME OF APPLICATION)

C. Successfully completed three of the Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) examinations, or received credit for three of the Joint Board for the Enrollment of Actuaries (JBEA) examinations AND have one year of professional actuarial experience equivalent to at least the GS-09 level within the public or private sector to include: Researching, coordinating, and providing input for reports utilizing actuarial techniques AND Analyzing, interpreting, or communicating actuarial data and information AND Providing actuarial assistance in review of cost estimates, payment models, or managed care programs; AND a course of educational study as described in the Education paragraph (B) below. (EDUCATIONAL & SOA/CAS/JBEA TRANSCRIPTS REQUIRED AT TIME OF APPLICATION)

TRANSCRIPTS are required to verify satisfactory completion of the educational requirement related to substitution of education for experience and combination of experience and education. Please see "Required Documents" section below for what documentation is required at the time of application.

In order to qualify for the GS-12, you must meet one of the following:

A. One year of actuarial experience, equivalent to the GS-11 level within the public or private sector to include: 1.Constructing and manipulating data files for actuarial analysis AND 2.Applying actuarial theories, principles, and methodology to analyze and evaluate financing issues AND 3.Preparing technical reports, presenting findings to management and stakeholders, and working collaboratively with other actuaries, analysts, and program officials; AND a course of educational study as described in the Education paragraph (A) or (B) below. (TRANSCRIPT WITH APPLICABLE COURSES REQUIRED AT TIME OF APPLICATION)

B. Successfully completed four of the SOA or CAS examinations, or received credit for three of the JBEA examinations AND have one year of actuarial experience, equivalent to the GS-11 level within the public or private sector to include: 1. Developing, operating, and maintaining programs that construct and manipulate data files for actuarial analysis. AND 2. Applying actuarial theories, principles, and methodology to analyze and evaluate financing issues AND 3. Preparing technical reports, presenting findings to management and stakeholders, and working collaboratively with other actuaries, analysts, and program officials; AND a course of educational study as described in the Education paragraph (B) below. (EDUCATIONAL & SOA/CAS/JBEA TRANSCRIPTS REQUIRED AT TIME OF APPLICATION)

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 can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

Education

Education Requirement: In addition to meeting the qualification requirements, all candidates must have one of the following educational requirements:

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. (TRANSCRIPTS WITH APPLICABLE COURSES REQUIRED AT TIME OF APPLICATION).

B. A combination of education and experience that includes both of the following requirements: (a) 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. (TRANSCRIPT WITH APPLICABLE COURSES REQUIRED AT TIME OF APPLICATION)

TRANSCRIPTS are required to verify satisfactory completion of the educational requirement listed above. Please see "Required Documents" section below for what documentation is required at the time of application.

Click the following link to view the occupational questionnaire:

Additional information

Bargaining Unit Position: Yes-American Federation of Government Employees, Local 1923

Tour of Duty: Flexible

Recruitment Incentive: Not Authorized

Relocation Incentive: Not Authorized

Financial Disclosure: Not Required

Workplace Flexibility at CMS: This position has a regular and recurring reporting requirement to the CMS office listed in this announcement. CMS offers flexible working arrangements and allows employees the opportunity to participate in alternative work schedules at the manager's discretion.

The Salary Ranges for the GS-11 and 12 are as follows:

GS-11: $85,447 to $111,087 and the GS-12: $102,415 to $133,142

The Interagency Career Transition Assistance Plan (ICTAP) and Career Transition Assistance Plan (CTAP) provide eligible displaced federal employees with selection priority over other candidates for competitive service vacancies. To be qualified you must submit the required documentation and be rated well-qualified for this vacancy. Click here for a detailed description of the required supporting documents. A well-qualified applicant is one whose knowledge, skills and abilities clearly exceed the minimum qualification requirements of the position. Additional information about ICTAP and CTAP eligibility is on OPM's Career Transition Resources website at

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.

Help

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. Opens in a new windowLearn more about federal benefits.

Review our benefits

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.