This position is located in the Pension Benefit Guaranty Corporation's (PBGC), Office of Negotiations and Restructuring (ONR), Negotiations and Restructuring Actuarial Department (NRAD).  More than one selection may be made from this vacancy announcement.

Duties

The candidate selected for this position will:

Requirements

• You must be a U.S. citizen
• You may undergo a personnel security background investigation
• Selective Service registration required for male applicants, unless exempt
• 1-year probationary period required unless met during prior Federal service
• Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
• Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency
• Selected applicants will be required to complete an online onboarding process

Qualifications

All qualification and eligibility requirements must be met by the announcement closing date. Specialized Experience: Applicants must have at least one year of specialized experience at the GS-13 grade level in the Federal service or equivalent to the GS-13 grade level in the private sector applying actuarial concepts, principles, practices and procedures as they pertain to employee pension plans, the Employee Retirement Income Security Act (ERISA), and the Internal Revenue Code (IRC). Examples include performing actuarial valuations of defined benefit plans, certification of zone status of multiemployer pension plans under IRC Sec 432, preparation of applications for submission to the Special Financial Assistance Program created by the American Rescue Plan Act of 2021, performing actuarial calculations for defined benefit pension plans in support of Annual Financial and/or Actuarial Information Reporting (Form 4010), Notice of Single-Employer Plan Termination (Form 601), Notice of Failure to Make Required Contributions (Form 200) and/or Annual Return/Report of Employee Benefit Plan for pension plans (Form 5500) filings; calculating minimum funding contributions and benefit liabilities for pension plans; and reviewing and analyzing other actuaries' calculations to determine their accuracy and resolving any discrepancies. AND 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. Note: An Enrolled Actuary (EA), an Associate of the Society of Actuaries (ASA) or a Fellow of the Society of Actuaries (FSA) credential is preferred but not required

Education

In order to qualify for this position, you must possess the following education:

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.

In addition, the following actuarial credentials are desired, but not required: Associate of Society of Actuaries (ASA), Enrolled Actuary (EA), and/or Fellow of the Society of Actuaries (FSA)

Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education. 

Contacts

• Address PENSION BENEFIT GUARANTY CORPORATION Human Resources Department 445 12th Street SW Washington, District of Columbia 20024 United States
• Name: Rodney Williams
• Phone: 202-229-4172
• Email: [email protected]