Actuary; Plans - Register

WHAT IS TAX EXEMPT AND GOVERNMENT ENTITIES (TEGE)?

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• Position(s) are to be filled in the following area(s):
  • TEGE - Employee Plans, Rulings & Agreement, Groups 7571 and 7572
• Consider each location carefully when applying. If you are selected for a location, that location will become your official post of duty.

Federal experience is not required. Experience may have been gained in the public sector, private sector or through Volunteer Service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week, on your resume.

To qualify for this position, you must meet the qualification requirements outlined below.

You must have 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 coursework 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 coursework 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.

You must have 1 year of specialized experience at a level of difficulty and responsibility equivalent to the GS-13 grade level in the Federal service. Specialized experience for this position includes experience that is related to the work of this position and has provided you with the competencies required for an actuary.

To be qualifying, your experience must include:

• Analyzing and applying relevant laws, regulations, published rulings, and other precedents to novel situations to arrive at sound, well-reasoned decisions.
• Performing accounting firm or an actuarial consulting work where you analyzed employee plans and completed valuations to advise clients on the required funding contribution and deductible limits regarding employee plans.
• Delivering presentations and/or instruction on actuarial requirements for employee plans to professionals within the actuarial community.
• Performing pension work, analyzing difficult and complex matters related to issues and requests for rulings pertaining to the requirements under ERISA, such as minimum funding standards, plan mergers and changes of actuarial funding methods.
• Preparing and/or reviewing pension valuation reports, Form 5500 Schedules SB or MB.

You must also meet the following requirements:

Minimum age for federal employment is 18 years old, or at least 16 years old and having:

• Graduated from high school or been awarded a certificate equivalent to graduating from high school.
• Completed a formal vocational training program.
• Received a statement from school authorities agreeing with your preference for employment rather than continuing your education.

For more information on qualifications please refer to OPM's Qualifications Standards.