Actuary / Economic Damages Consultant
$166.4k - $228.8kAdNet AccountNet, Inc.
About Us AdNet/AccountNet, Inc. is a WOSB, MBE and WBE owned human capital management firm, founded in 1990. We blend the best in people with the ongoing demands of the workplace by providing high-quality teams and subject matter experts.
Actuary / Economic Damages Consultant
Employment Type: Full-Time Consultant / Contract Position
Experience Level: Senior-Level
Industry: Government, Legal Services, Healthcare, Actuarial Consulting, Forensic Economics
Remote (U.S. Based)
Job Summary
We are seeking an experienced Actuary or Forensic Economist to provide expert economic damage assessments in support of military medical malpractice claims and appeals. The selected professional will perform detailed actuarial and economic analyses involving lost future earnings, disability impacts, retirement benefits, life expectancy, present value calculations, and government benefit offsets. This position supports a federal agency and requires the ability to produce well-documented, defensible reports suitable for legal review and disclosure.
Key Responsibilities
- Prepare comprehensive economic and actuarial damages assessments for military medical malpractice claims.
- Calculate net present value of lost future earnings for wrongful death and personal injury cases.
- Analyze military and civilian career earning capacity projections.
- Calculate personal consumption adjustments and residual earning capacity.
- Evaluate disability impacts utilizing applicable VA disability rating methodologies.
- Develop present value calculations for:
- Lost retirement benefits
- Thrift Savings Plan (TSP) contributions
- Social Security benefits
- Household services losses
- Perform government benefit offset calculations in accordance with federal regulations.
- Review and analyze claimant-submitted economist and actuarial reports.
- Prepare written rebuttal reports identifying errors, unsupported assumptions, and methodological weaknesses.
- Develop and maintain detailed Excel models supporting all calculations and assumptions.
- Respond to follow-up questions and provide clarification to government attorneys and legal staff.
- Ensure all work products comply with professional actuarial standards and applicable federal regulations.
- Maintain strict confidentiality regarding claimant information, legal strategies, and protected health information (PHI).
Required Qualifications
- Bachelor's degree in actuarial science, Economics, Mathematics, Statistics, Finance, or related field.
- Minimum five (5) years of professional experience preparing personal injury, wrongful death, or economic damages assessments.
- Demonstrated expertise in actuarial methods, economic loss analysis, and present value calculations.
- Strong proficiency with Microsoft Excel and complex financial modeling.
- Experience preparing expert reports for litigation, insurance, healthcare, government, or legal proceedings.
- Excellent written communication skills with the ability to explain complex calculations in a clear, professional manner.
- Ability to work independently and meet strict deadlines.
Preferred Qualifications
- ASA, FSA, MAAA, FCA, CFA, CPA/ABV, CFE, PhD Economist, or similar professional designation.
- Experience serving as an expert witness.
- Experience calculating economic damages in medical malpractice, personal injury, or wrongful death matters.
- Familiarity with military compensation systems, veterans' benefits, and federal retirement programs.
- Experience supporting federal government agencies, healthcare organizations, or legal teams.
- Knowledge of Title 10 U.S.C. §2733a and 32 CFR Part 45.
Security & Compliance Requirements
- Must be eligible to successfully complete applicable background screening requirements.
- Ability to handle Controlled Unclassified Information (CUI), Protected Health Information (PHI), and Personally Identifiable Information (PII).
- Must comply with all DHA confidentiality, security, and non-disclosure requirements.
Work Location
- Remote/Telework
- Work is primarily performed from the contractor's facility within the United States.
Why Join Us?
This role offers the opportunity to provide high-impact actuarial and economic expertise supporting the agency's mission while working remotely and contributing to legally significant medical malpractice claim determinations.
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