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Role Summary

Role type

Pension regulatory and technical authority

Closer to a regulatory and compliance role than a modelling-heavy role because pension law, policy implementation, and benefit administration shape the work more than model construction.

Senior retirement actuary role with the Pension Benefit Guaranty Corporation in Washington, DC. You will review complex defined benefit and cash balance plan work, advise on pension law and policy changes, resolve unusual actuarial issues, and act as a technical authority for valuation software.

Requirements

Must have

  • 1 year of specialized experience at GS-13 level in Federal service or equivalent private sector performing complex actuarial work for defined benefit pension plans
  • Must meet time-in-grade requirement (52 weeks at next lower grade) for current Federal employees
  • Bachelor's degree with at least 24 semester hours including actuarial science, mathematics, statistics, business, finance, economics, insurance, or computer science; including 12 semester hours of mathematics with differential and integral calculus
  • 1-year probationary period required unless met during prior Federal service

Strongly preferred

  • Experience reviewing complex participant benefit calculations
  • Experience resolving unusual post valuation actuarial issues
  • Experience developing actuarial procedures
  • Experience evaluating actuarial software specifications and test results

Skills & Domain

DomainDefined benefit pension plansCash balance plan updatesBenefit calculations reviewPension law and regulations interpretation

Role Summary

Role type

Pension regulatory and technical authority

Closer to a regulatory and compliance role than a modelling-heavy role because pension law, policy implementation, and benefit administration shape the work more than model construction.

Senior retirement actuary role with the Pension Benefit Guaranty Corporation in Washington, DC. You will review complex defined benefit and cash balance plan work, advise on pension law and policy changes, resolve unusual actuarial issues, and act as a technical authority for valuation software.

Requirements

Must have

  • 1 year of specialized experience at GS-13 level in Federal service or equivalent private sector performing complex actuarial work for defined benefit pension plans
  • Must meet time-in-grade requirement (52 weeks at next lower grade) for current Federal employees
  • Bachelor's degree with at least 24 semester hours including actuarial science, mathematics, statistics, business, finance, economics, insurance, or computer science; including 12 semester hours of mathematics with differential and integral calculus
  • 1-year probationary period required unless met during prior Federal service

Strongly preferred

  • Experience reviewing complex participant benefit calculations
  • Experience resolving unusual post valuation actuarial issues
  • Experience developing actuarial procedures
  • Experience evaluating actuarial software specifications and test results

Skills & Domain

DomainDefined benefit pension plansCash balance plan updatesBenefit calculations reviewPension law and regulations interpretation

ACTUARY.

Pension Benefit Guaranty Corporation (PBGC)

Retirement/Government Regulator
Pension Benefit Guaranty Corporation (PBGC)

ACTUARY.

Pension Benefit Guaranty Corporation (PBGC)

Washington, District of Columbia, United States · Today

Pension DB

Job Overview

Salary
Salary not specified

Ideal Candidate Profile

Ideal for a senior retirement actuary with complex defined benefit pension experience who can interpret pension law, resolve unusual valuation issues, and advise technical and nontechnical stakeholders. A qualifying bachelor's degree is required; actuarial exams or designation are not specified.

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