Actuary

$122,198 - $191,900/Yr

Office Of Workers Compensation Programs - Lakewood, CO

Part-time,Full-time - Mid Level

Remote - Lakewood, CO

About the position

The Actuary position at the U.S. Department of Labor's Office of Workers' Compensation Programs (OWCP) involves serving as an actuarial expert and advisor to the leadership team. The role focuses on preparing actuarial estimates and analyses related to workers' compensation programs, analyzing complex actuarial problems, and conducting research to support policy development. The position requires collaboration with other technical experts and representation of OWCP in discussions regarding the agency's benefits funds.

Responsibilities

• Serve as OWCP actuarial expert and advisor to leadership team.
• Prepare actuarial estimates and analyses related to workers' compensation programs.
• Analyze complex actuarial problems concerning OWCP's benefits funds.
• Conduct research to obtain up-to-date social, economic, and demographic data.
• Analyze data for anomalies and provide recommendations regarding data validity and methodologies.
• Participate in the development and implementation of software applications and tools.
• Work with other OWCP technical experts to ensure actuarial models are reasonable.
• Provide recommendations for OWCP's annual liability estimates.
• Represent OWCP in discussions regarding the liability of its benefits funds.

Requirements

• Bachelor's degree in actuarial science, mathematics, statistics, business, finance, economics, insurance, or computer science with at least 24 semester hours, including 12 hours of mathematics (differential and integral calculus).
• One year of actuarial experience equivalent to GS-13 level for GS-14 applicants.
• One year of actuarial experience equivalent to GS-14 level for GS-15 applicants.
• Specialized experience in applying actuarial, statistical, and mathematical methodologies.

Nice-to-haves

• Experience with federal workers' compensation programs.
• Familiarity with actuarial standards and methodologies.

Benefits

• Comprehensive benefits package as a federal employee.
• Access to a range of benefits designed for federal careers.