<b>Duties</b><br /><br /><b>Summary</b><br /><br />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. <br /><br />*There is no promotional potential.<br /><br />*This position is outside of the Bargaining Unit.<br /><br />Learn more about this agency <br /><br /><b>Responsibilities</b><br /><br />The incumbent is responsible for analyzing changes in Unemployment Insurance (UI) methods of financing proposed by outside groups, and/or for recommending changes after internal analysis, which have major significance at the State and national level. Responsible for developing and applying broad estimating policies of the Office of Unemployment Insurance (OUI). Presents the use of various methodologies and the results to senior level staff within the Executive Branch and the Congress, acting as an authoritative representative of OUI.<br /><br />Serves as a national authority on State and Federal components of the UI system in the areas of cost estimating and benefit financing. Responsible for integration of UI policies on cost estimation and financing with the overall policy of the Department. Serves as an advisor and recognized expert on benefit costs and financing, recommends policy options for changes in the UI program, and analyzes the impact on national economic policy. Responsible for development of all estimates for UI in the Presidential budget, and maintenance and updating of systems and programs for performing estimates for complex and inter-related State and Federal UI accounts.<br /><br />Updates methodologies for estimating budget levels as needed, and represents the Department in discussions with the Office of Management and Budget (OMB) as to the level of revenue and outlays to be included in the unified budget. Maintains ongoing contact with Treasury Department officials as to the receipts of UI budget estimates, representing the Department and exercising independent professional judgment as to levels of estimates. Presents results of estimates to a wide array of stakeholders, including the OMB, members of Congress and their staffs, the Congressional Budget Office (CBO), the Council of Economic Advisors (CEA), National Economic Council (NEC), and the Bureau of Economic Analysis (BEA). Responsible for publishing results of estimating in semi-annual publication timed to correspond to outlay updates of the unified budget, and presenting these results to professional and technical groups as well as to the general public. Responsible for maintenance and updating, as required, of State Benefit Financing Models. Oversees provision of technical assistance to States on an individual basis, as well as through Benefit Financing Seminars.<br /><br />Develops and/or directs acquisition of advanced technologies/methodologies, which will improve existing analytic capabilities. Oversees Federal-State interaction to assure proper use of the models at both the Federal and State level. Serves as an authoritative representative of the U.S. Government and consults with senior government officials, OMB, and Congress on all aspects of UI system financing. Analyzes unemployment insurance financial and economic trends and projects tax revenues and income, develops estimates of level of deposits, withdrawals and balances of the UI trust fund. Responsible for providing training in actuarial techniques, computer model building, and applications and methods for State agency staff. The laws of each of the 53 State unemployment systems are different and a detailed knowledge is needed in the law, for the specific State to which advice is given. <br /><br />Advises the Assistant Secretary for ETA, the Department, and other Federal agencies (OMB, NEC, CEA, and others) of special economic and/or financial problems of the unemployment insurance program and its relationship to and impact on the economy. Serves as an authoritative source and recommends courses of action which may have important bearing on matters of national significance. Is recognized as a leader in the field of determining the role of the UI program and its place in the national economy. This requires good personal relationships with those dealing with the program both within the Executive branch (OMB, CEA) and Legislative branch (CBO, Appropriations, and Tax Committees) of the Government.<br /><br />The incumbent performs the full range of supervisory responsibilities, to include the following:<br /> <ul> <li>Planning and directing work of subordinates, setting and adjusting priorities and establishing deadlines for completion of work;</li> <li>Assigning work to subordinates based on knowledge and skill levels, priorities, difficulty and other requirements of assignments;</li> <li>Developing and or assisting in the development of performance standards and evaluating subordinate performance;</li> <li>Providing instruction, advice or counsel to subordinates on both work related and administrative issues;</li> <li>Hearing and resolving complaints from employees;</li> <li>Issuing minor disciplinary actions, including oral and written warnings and reprimands, and recommending action to superiors in more serious cases;</li> <li>Identifying training needs of employees, providing or arranging for necessary developmental opportunities; and</li> <li>Analyzing work practices and procedures and making recommendations to improve efficiency and/or effectiveness.</li> </ul> <br /><br /><b>Travel Required</b><br /><br />Occasional travel – Infrequent travel – <br /><br />Supervisory status <br /> Yes <br /><br />Promotion Potential <br /> 15 – Position is at the full performance level. <br /><br /></li> <b>Requirements</b><br /><br /><b>Conditions of Employment</b><br /><br /><ul> <li>U.S. Citizenship.</li> <li>Appointment to this position may require a background investigation.</li> <li>Requires a probationary period (Supervisory)</li> <li>Subject to financial disclosure requirements.</li> <li>Requires a probationary period if the requirement has not been met.</li> </ul> <br /><br />You may not be aware, but in the regulations for agency ethics programs, there are requirements for supervisors. Section 2638.103 of Title 5 of the CFR states:<br /><br />Every supervisor in the executive branch has a heightened personal responsibility for advancing government ethics. It is imperative that supervisors serve as models of ethical behavior for subordinates. Supervisors have a responsibility to help ensure that subordinates are aware of their ethical obligations under the Standards of Conduct and that subordinates know how to contact agency ethics officials. Supervisors are also responsible for working with agency ethics officials to help resolve conflicts of interests and enforce government ethics laws and regulations, including those requiring certain employees to file financial disclosure reports. In addition, supervisors are responsible, when requested, for assisting agency ethics officials in evaluating potential conflicts of interest and identifying positions subject to financial disclosure requirements.Applicants must meet time-in-grade, time-after-competitive-appointment and qualifications requirements within 30 calendar days after the closing date of the vacancy to be eligible for consideration for selection. <br /><br />Federal Employees Please Note: Your SF-50 must include enough information to be able to determine that time-in-grade requirements have been met and reflects your position title, pay plan/series/grade, tenure and the type of appointment (i.e. competitive/excepted). In some cases you may need to submit more than one SF-50. <br /><br />Reference the "Required Documents" section for additional requirements. <br /><br /><b>Qualifications</b><br /><br />Applicants must have 52 weeks of specialized experience equivalent to at least the next lower grade level, 14, in the Federal Service. <br /><br />Specialized experience must demonstrate experience in: conducting long range planning and preparation of Federal budget requests including development of policies and standards for financing State administration; developing and improving actuarial models, methodologies and procedures for estimating the cost of benefits under current and proposed unemployment insurance laws; managing the development of UI policy and procedures with regard to cash management according to established principles and standards; and providing technical assistance to states in the area of budget planning and financial management. <br /><br /><b>Education</b><br /><br /><b>Basic Requirements</b><br /><br />Applicants may qualify for actuary positions by meeting the requirements described in either paragraph A or paragraph B below.<br /><br /><b>Paragraph A.</b><br /><br />Applicants may qualify for the following grade levels by meeting the educational and/or experience requirements described below.<br /> <li>Applicants must meet <strong>one</strong> of the following requirements: <li>A bachelor's degree that included courses in actuarial science, mathematics, relevant statistics, business, finance, economics, insurance, or computer science totaling at least 24 semester hours. This course work must have included a minimum of 12 semester hours of mathematics that included differential and integral calculus and one or more courses in mathematics for which these calculus courses were prerequisites. <br />or<br /> </li> <li>Combination of education and experience that includes both of the following requirements: <ul> <li>Technical work experience in actuarial support work or in mathematics; and </li> <li>Completion of a minimum of 24 semester hours of courses in actuarial science, mathematics, relevant statistics, business, finance, economics, insurance, or computer science at a four year college or university. This course work must have included a minimum of 12 semester hours of mathematics that included differential and integral calculus and one or more courses in mathematics for which these calculus courses were prerequisites.</li> </ul> </li> </li> <br /> *Applicant must submit transcripts*<br /><br />Any applicant falsely claiming an academic degree from an accredited school will be subject to actions ranging from disqualification from federal employment to removal from federal service. <br /><br />If your education was completed at a foreign college or university, you must show comparability to education received in accredited educational institutions in the United States and comparability to applicable minimum course work requirements for this position. Click Evaluation of Foreign Education for more information.<br /><br /><b>Additional information</b><br /><br />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. <br /><br />Federal Employees Please Note: Your SF-50 must include enough information to be able to determine that time-in-grade requirements have been met and reflects your position title, pay plan/series/grade, tenure and the type of appointment (i.e. competitive/excepted). In some cases you may need to submit more than one SF-50. <br /><br />Refer to these links for more information: GENERAL INFORMATION , ADDITIONAL DOCUMENTATION , FORMER FEDERAL EMPLOYEES <br /><br /><b>How You Will Be Evaluated</b><br /><br />You will be evaluated for this job based on how well you meet the qualifications above.<br /><br />Click here for Evaluation details. For Displaced Employees ONLY: if you meet the eligibility requirements for special priority selection under ICTAP / CTAP , you must be well-qualified for the position to receive consideration for special priority selection. ICTAP/CTAP eligibles will be considered "well-qualified" if they attain at least a rating score of __85___ in a numerical rating scheme. Be sure to review DOL Account Eligibility Questions #24 and 27 to reflect that you are applying as an ICTAP/CTAP eligible and submit supporting documentation.<br /><br />Evaluation Factors (Competencies) – All qualified applicants will be evaluated on the following key competencies:<br /><br />1. <strong>Technical</strong> – Uses knowledge that is acquired through formal training or extensive on-the-job experience to perform one's job; works with, understands, and evaluates information related to the job; advises others on technical issues.<br /><br />2. <strong>Leadership</strong> – Influences, motivates, and challenges others, adapts leadership styles to a variety of situations.<br /><br />3. <strong>Decision Making</strong> – Makes sound, well-informed, and objective decisions; perceived the impact and implications of decisions; commits to actions, even in uncertain situations, to accomplish organizational goals; causes change.<br /><br />The information you provide may be verified by a review of your work experience and/or education, by checking references and through other means (ex. interview). Your evaluation may also include a review by an HR Specialist or panel and may include other assessment tools (ex. interview, structured interview, written test, work sample, etc.). <strong>The examining Human Resources Office (HRO) makes the final determination concerning applicant ratings. Your resume MUST provide sufficient information to substantiate your vacancy question responses. If not, the HRO may amend your responses to more accurately reflect the level of competency indicated by the content of your resume.</strong><br /><br /><b>To preview questions please click here .</b> <br /><br /><b>Background checks and security clearance</b><br /><br />Security clearance <br /> Sensitive Compartmented Information <br /><br />Drug test required <br /> No <br /><br /></li> <b>Required Documents</b><br /><br />The following documents must be submitted by 11:59 p.m. (ET) on the vacancy closing date. <strong>Warning: If you submit a document using the same document title, the 2nd submission will OVERWRITE the 1st submission.</strong> Also, do not upload password protected documents. Follow the instructions: click How To Submit Supplemental Documentation Document. <br /><br /><strong>The following documents are required from all applicants (PLEASE READ CAREFULLY):</strong><br /><br /><strong>ARE YOU A CURRENT OR FORMER FEDERAL EMPLOYEE?</strong> If applying as a status candidate with current or former Federal Service, please provide a copy of your last or most recent SF-50, "Notification of Personnel Action" which shows your appointment eligibility for the position for which you are applying. Your SF-50 must identify the highest grade you held on a permanent basis, Pay Plan/Pay Schedule, Series, and Grade/Pay Band, and career status. Multiple SF-50 may be submitted to demonstrate your highest previous rate and eligibility. <br /><br />*WARNING: An award SF-50 (ex. cash or time off award) may not indicate grade, step and competitive status. For current DOL employees, an award SF-50 DOES NOT indicate grade and step. <br /><br />- Most recent performance appraisal/evaluation signed and dated within 18 months is requested by the agency, but will not disqualify candidates if not submitted. If not submitted during the application process, one may/will be requested at the time of the interview if the opportunity is extended. Applies to current and former Federal employees. <br /><br />- Land Management Eligibles: a copy of your most recent Notification of Personnel Action (SF-50 or equivalent) proving your eligibility for appointment under the Land Management Workforce Flexibility Act. This service must have been performed in the competitive service, under a time limited appointment in a Land Management Agency, as defined by P.L. 114-328. For more information, click here . <br /><br /><strong>The following documents are required if applicable:</strong><br /><br />- Displaced Employee Placement Documents – Only required if requesting priority consideration under ICTAP / CTAP Eligibility.<br /><br />- DD-214 – verifying military service, eligibility for consideration under the Veterans Employment Opportunity Act (VEOA) and showing character of discharge (ex. Member Copy 4 and 2 are acceptable vs. Copy 1 which is not acceptable to adjudicate veteran's preference)<br /><br />- Special/Non-Competitive Appointing Authority Documents – Applicants who are eligible for consideration, and wish to be considered, under one of the following non-competitive hiring authorities must submit appropriate documentation (click on the links below to see the documentation requirements):<br /><br />(a) Persons with Severe Disabilities (SCHEDULE A) <br />(b) 30% or More Compensably Disabled Veterans (DAV) <br />(c) Former Peace Corps Volunteers (PCV) OR Current or Former Peace Corps Employees (PCE) <br />(d) Military Spouses (MISP) <br />(e) Other<br /><br />- Cover Letters are not mandatory and will not be used to verify experience, but may be submitted<br /><br />Applicants selected for employment who are not current DOL employees will be required to provide proof of citizenship , and the E-Verify system will be used to confirm the employment eligibility of all new hires.<br /><br /><b>If you are relying on your education to meet qualification requirements:</b><br /><br />Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education . <br /><br />Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.