The Department of Energy, Chief Financial Officer is looking for a Senior Actuary to serve as subject matter expertise for the management and governance of over pension plans administered by various sites and contractors, including oversight of contractor pension actuarial valuations to ensure consistency in pension plan management across all the sites, and a stable and predictable budget for pension funding.
As the Senior Actuary you will:
- Serve as a subject matter expert and the principal advisor to senior Program Office and Department of Energy's (DOE) leadership on matters related to policy development, design, financing, and administration of billions of dollars in retirement and other benefit plans. The incumbent serves as the senior liaison with key stakeholders, including the Office of Management and Budget (OMB), Congressional committees, DOE Field Offices and site Management and Operations (M&O) contractors.
- Provide policy guidance and complex analytical support to a multitude of Department of Energy leaders on sensitive pension and other benefit issues, including matters that involve collective bargaining agreements and related negotiation of benefits.
- Develop policies and procedures and evaluate adequacy of DOE's pension and benefit policies and procedures, and recommend revisions as needed to meet DOE requirements.
- Research, determine, and document economic and actuarial assumptions and applies mathematical, statistical, financial, and business techniques to estimate likely future health and welfare and pension liabilities.
- Analyze contractor economic and actuarial assumptions and analyses impact of various alternatives resulting from changes in study assumptions to ensure consistency in actuarial valuation assumptions and managing projected budgets.
- Participate in the development and revision of benefits policies and advises senior Program Offices and DOE leadership on the costs resulting from policy and benefits changes.
- Perform evaluative analytical analysis of liabilities related to the areas of pension benefits, postretirement life and health insurance risks, and contingencies. Apply specialized experience in mathematics, statistical, financial, actuarial science, and business techniques to insure validity and reasonableness of contractor estimates
Starting at $139,395 Per Year (EJ 4)
