The incumbent of this position will perform the following duties:
- Be responsible for actuarial estimates and analyses related to the agency’s workers’ compensation programs.
- Analyze difficult and complex actuarial problems and issues concerning the health of OWCP’s benefits funds.
- Work closely with OWCP leadership and other senior government officials including the OWCP Director and Deputy Director, Program Directors, the Comptroller, the DOL Office of the Chief Financial Officer, and others on actuarial issues, findings and policies.
- Provide oversight for OWCP’s annual liability estimates. Work with other technical experts, and ensures that actuarial liability models for OWCP’s compensation funds are properly developed, maintained, enhanced, and documented.
- Conduct expert research to obtain up-to-date social, economic and demographic data on the U.S. population, the federal workforce, and other covered injured or ill workers. Analyze data for anomalies and provide expert advice and recommendations regarding the data validity, analytical methodologies, and statistically significant results.
- As OWCP’s actuarial expert, represent OWCP in discussions regarding liability of its benefits funds with the Office of Management and Budget, the Department of the Treasury, Congress, insurance companies, and others. Participate in policy working groups as an expert in actuarial models and methodology.
DOL seeks to attract and retain a high performing and diverse workforce in which employees' differences are respected and valued to better meet the varying needs of the diverse customers we serve. DOL fosters a diverse and inclusive work environment that promotes collaboration, flexibility and fairness so that all individuals are able to participate and contribute to their full potential.
This position is located within the U.S. Department of Labor (DOL), Office of Workers' Compensation Programs (OWCP), Division of Financial Administration (DFA), Branch of Planning, Policy and Performance Management (BPPPM).
The mission of DFA is to provide leadership and direction to ensure sound planning, budgeting, and financial management throughout the Office of Workers' Compensation Programs. BPPPM provides OWCP's leadership with the information needed to make informed decisions concerning agency goals, objectives, priorities, and resource level needs.