Student Trainee (Actuary)
Summary
The Pathways Internship Program targets students accepted for enrollment or currently enrolled in a degree-seeking program in a accredited educational institution, on at least a half-time basis. At the successful conclusion of this program, you may be eligible for non-competitive conversion to a Federal career or career-conditional position.
This is a Temporary, Full-Time Intern position as part of the Healthcare and Insurance, Office of the Actuaries, Office of Personnel Management.
This job is open to
Clarification from the agency
This is a temporary full time Intern position.
Duties
This is a Student Trainee position. The student will support the functions of the team by helping or supporting projects, performing research, assisting in developing reports, and presenting research findings to agency leadership. They will actively participate in assignments and projects with higher-graded specialists, who will provide them with guidance and mentorship.
The work assigned will consist of specialized, supervised projects which will challenge the incumbent. Performs miscellaneous basic duties commensurate with the educational level achieved and work with higher graded team members performing portions of projects and studies of larger scope and complexity to develop knowledge and skills.
Reviews the development of community rated reconciliations and proposals of a variety of 20 Health Maintenance Organization Plans(HMO). Identifies and works with personnel from the carriers to makes corrections to errors in the rate buildups. Negotiates the premium buydown amount with the carriers to finalize the rate proposal.
RequirementsConditions of Employment
Citizenship: Must be a U.S. Citizen or National
Selective Service: Males born after 12-31-59 must be registered for Selective Service.
Age: You must be at least 16 years of age
Background Investigation: Must be suitable for Federal employment as determined by a background investigation.
Availability for Work: Applicants hired on a temporary appointment will work a full-time schedule during the period of May 19, 2025 through August, 15 2025.
Student Status: Applicants must have at least one academic semester (Fall 2025) remaining in their degree program.
Graduation Status: Applicants that graduate prior to December,2025 will not be considered for this position unless you have been accepted into a follow-on degree or certificate program.
Pathways Agreement: Selectee must complete a Pathways agreement prior to start date.
Trial Period: Selectee must complete a trial period while on the Pathways internship appointment.
Bargaining Unit:
- This position is eligible for inclusion in the bargaining unit.
- if the duty station is finalized in the Washington, DC metropolitan area, employees in this position will be represented by the American Federation of Government Employees (AFGE) Local 32.
- if the duty station is finalized outside of the Washington, DC metropolitan area, this position will not be represented by a bargaining unit.
Qualifications
For the GS-04 Grade Level: You must be enrolled in a bachelor's degree program that includes courses in actuarial science, mathematics, relevant statistics, economics, or insurance expecting to total at least 24 semester hours by graduation. This course work must include a minimum of 12 semester hours of mathematics that includes differential and integral calculus and one or more courses in mathematics for which these calculus courses are prerequisites.
To meet the Intern Eligibility requirements, you must be a student accepted for enrollment or enrolled and seeking a degree (diploma, certificate, etc) in a qualifying educational institution, on a full or half-time basis (as defined by the institution in which the student is enrolled).
Accepted for Enrollment: If you have been accepted for enrollment in an institution, but have not yet begun coursework, you must submit an Acceptance Letter from the institution and your most recent academic transcript from your previous program.
Education
Additional information
Diversity Information
The Office of Personnel Management is committed to being a workplace that is not only free of discrimination, but one that genuinely fosters inclusion and belonging. We strongly believe that workforce diversity creates an environment in which our employees can thrive. We understand and embrace the variety through which people gain experiences whether through professional, personal, educational, or volunteer opportunities. OPM is proud to be an equal opportunity employer.
We understand that not everyone will demonstrate proficiency in all of the duties listed in this job posting. At OPM, we strive to raise the bar! We encourage all to apply if you feel your skills and life experiences are transferable to some of the duties listed in this vacancy.
What Do We Offer?
Upon graduation and completion of the student internship program requirements you may be non-competitively converted, without a break in service, to a term (time-limited), career, or career conditional (permanent) appointment in the federal government. The anticipated target position will be Actuary with full performance level of GS-14; however, the target position and full performance level may change based on the need of the organization at that time.
Interns must meet the qualification requirements for the position to which promoted or converted.
This appointment allows for conversion to a permanent appointment. Conversion Eligibility Information Requirements
Extensions: If hired on a temporary appointment, it may be extended without further competition based on the need of the organization for the work to continue and provided the individual continues to meet the eligibility requirements.
If you are unable to apply online and would like to request information about the Alternate Application process, please use the contact information at the bottom of this announcement.
This job opportunity announcement may be used to fill additional similar vacancies across OPM.
Hourly pay rates range from $16.95 to $27.42 per hour and may vary based on the grade level and duty location.
Relocation expenses will not be paid.
For more information on the Pathways Program, please visit: Pathways Program Fact Sheets