Department of Defense

Actuary

Alexandria, Virginia Full time

Actuary

Department: Department of Defense

Location(s): Alexandria, Virginia

Salary Range: $121785 - $158322 Per Year

Job Summary: This position is part of the Defense Human Resources Activity. The incumbent will be responsible for professional support to OACT personnel in support of the Under Secretary of Defense (Personnel and Readiness) on all actuarial matters bearing on the current, proposed, or alternative DoD military personnel benefit programs.

Major Duties:

  • As a Actuary at the GS-1510-13 some of your typical work assignments may include: Conducts actuarial valuation and analysis in a number of areas, including but not limited to, issues related to the cost of current or proposed military retirement benefit plan, health and educational programs. Acts as the primary reviewer for statutorily required actuarial valuations of military benefit program trust funds in support of the DoD Boards of Actuaries and DoW's financial statements under the CFO Act. Researches and addresses the effects of public and private health care and pension policy on military programs. Provides technical assistance and advice on actuarial matters to others within the Office of the Actuary and other stakeholder. Prepares valuation reports, briefings, and conference presentations to support the OACT mission.

Qualifications: To qualify for an Actuary, your resume and supporting documentation must support A and B: A. Specialized Experience: You may qualify at the GS-13, if you fulfill the following qualifications: One year of specialized experience equivalent to the12 grade level in the Federal service: Applying actuarial principles to assess the financial consequences of risk and uncertainty. Performing pension valuation. Performing health and welfare valuation. B. Basic Requirement: 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. Or 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; AND Associateship in the Society of Actuaries or the Casualty Actuarial Society; AND Successfully completed the appropriate examinations offered by the Society of Actuaries(SOA), the Casualty Actuarial Society(CAS), or the Joint Board for the Enrollment of Actuaries(JBEA), as evidenced by an official SOA or CAS transcript. Or 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; AND Being an Enrolled Actuary; AND Successfully completed the appropriate examinations offered by the Society of Actuaries(SOA), the Casualty Actuarial Society(CAS), or the Joint Board for the Enrollment of Actuaries(JBEA), as evidenced by an official SOA or CAS transcript. 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. In addition to meeting qualifications, your application package must reflect the applicable experience to meet the Individual Occupational Requirements for the 1510 series.http://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/1500/actuarial-science-series-1510/ *NOTE: Failure to provide transcripts will result in you being rated ineligible for this position.

How to Apply: To apply for this position, you must complete the online application and submit the documentation specified in the Required Documents section below. The complete application package must be submitted by 11:59 PM (EST) on the closing date to receive consideration. To begin, click Apply Online to access an online application. Follow the prompts to select your USAJOBS resume and/or other supporting documents. You will need to be logged into your USAJOBS account or you may need to create a new account. You will be taken to an online application. Complete the online application, verify the required documentation, and submit the application. NOTE: Resumes up to a total of two pages will be accepted. Resumes exceeding two pages will be removed from consideration. You will receive an email notification when your application has been received for the announcement. To verify the status of your application, log into your USAJOBS account, https://www.usajobs.gov, select the Application Status link and then select the More Information link for this position. The Application Status page will display the status of your application, the documentation received and processed, and your responses submitted to the online application. Your uploaded documents may take several hours to clear the virus scan process. To preview the questionnaire, please go to https://apply.usastaffing.gov/ViewQuestionnaire/12902114. Review the General Application Information and Definitions at: https://www.dla.mil/Portals/104/Documents/Careers/downloads/DoDGenAppInfo%2012-1-2020.pdf?ver=ECNbdsHtGilTd3OENN4A0Q%3d%3d

Application Deadline: 2026-03-13