In this position you work as a member of the Resilience-FIMA, Risk Management, Actuarial & Catastrophic Modeling Branch. The ideal candidate for this position will work as a professional actuary and holds an Associateship or Fellowship from an American or International Actuarial Society. Typical assignments include:
Performing quantitative analyses, statistical, and actuarial support including rate-making for existing and for new coverages based on consideration of loss experience, actuarial models, and catastrophic models.
Studying the catastrophic loss funding requirements unique to the National Flood Insurance Program (NFIP).
Performing quantitative analyses and actuarial support to provide management with a quantitative basis for making program decisions on the size, scope and mechanism for providing insurance coverage and changes to insurance coverages.
Acting as a federal representative with contractor staff, insurance companies and their industry advisory groups, and others in policy matters concerning actuarial aspects of the NFIP.
Preparing and presenting briefings explaining and defending studies and results to various internal and external groups.
Serving as the expert technical advisor for the development of actuarial policy used as guidelines for insurance underwriters for participating flood insurance companies nationwide.
To qualify for this position at the GS-14 level, you must possess one full year of specialized experience equivalent to at least the GS-13 level in the Federal government, which has equipped you with the skills needed to successfully perform the duties of the position. Experience may be obtained in the federal government, a state or local government, or private sector, and must demonstrate the following
Working as a professional actuary; AND
Designing and implementing actuarial studies, analyses, or projections; AND
Providing actuarial advice and communications for actuarial projects.
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