Actuary

Summary

This position is located in the Department of Health & Human Services (HHS) Centers for Medicare & Medicaid Services (CMS) Office of the ActuaryParts C & D Actuarial Group (PC&DAG).

As a Actuary GSserves as a technical and actuarial expert in modeling Medicare and Medicaid rates and estimates under current law and proposed changes and analyzes monitors and evaluates Medicare Advantage and Part D annual bids in accordance with the Medicare Modernization Act.

Duties

• Develops actuarial models studies and analyses for Medicare Part C and Part D cost estimates rates policy issues and program projections.
• Prepares actuarial data estimates and support materials for CMS or HHS notices Medicare Trustees Reports and the Presidents budget cycle.
• Analyzes Medicare Advantage and Part D annual bids capitation payment rates plan bid forms and related industry or contractor questions.
• Evaluates Medicare Advantage and Part D innovation model designs fiscal impacts stakeholder effects and behavioral responses.
• Provides authoritative actuarial consultation technical advice correspondence and presentations on Medicare and Medicaid program issues.

Requirements

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.
• Time-in-Grade restrictions apply.
• Selective Service: Males born after December 31 1959 must be registered or exempt from Selective Service -
• One-year probationary period may be required.
• If you are selected for this position the documentation that you present for purposes of completing the Department of Homeland Security (DHS) Form I-9 will be verified through the DHS E-Verify System.
• All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choice.

Qualifications

ALL QUALIFICATION REQUIREMENTS MUST BE MET WITHIN 30 DAYS OF THE CLOSING DATE OF THIS ANNOUNCEMENT.

Your resume (limited to no more than 2 pages) must include detailed information as it relates to the responsibilities and specialized experience for this position. Evidence of copying and pasting directly from the vacancy announcement without clearly documenting supplemental information to describe your experience will result in an ineligible rating. This will prevent you from being considered further.

QUALIFICATION REQUIREMENTS: To qualify for this position you must meet the qualification requirements outlined below.

BASIC REQUIREMENTS: You must have a bachelors 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

A combination of education and experience that includes BOTH of the following requirements: (1) Technical work experience in actuarial support work or in mathematics AND (2) 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.

In order to qualify for the GS-14 you must meet the following: You must demonstrate in your resume at least one year (52 weeks) of qualifying specialized experience equivalent to the GS-13 grade level in the Federal government obtained in either the private or public sector to include:

1. Providing feedback on Innovation Center demonstrations;
2. Conducting actuarial modeling to evaluate the fiscal soundness of healthcare programs; And
3. Modeling policy proposals to change the current structure of Medicare.

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.

Time-in-Grade: To be eligible current Federal employees must have served at least 52 weeks (one year) at the next lower grade level from the position/grade level(s) to which they are applying.

Education

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

Degree : A bachelors 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 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: information

Bargaining Unit Position: Yes
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 managers discretion.

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 OPMs Career Transition Resources website at 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. ]]>