Federal

Chief Negotiating Actuary - PBGC

Pension Benefit Guaranty Corporation · Other Agencies and Independent Organizations
📍 Washington, District of Columbia SL-00 $151,661 - $224,333/yr
Posted: Mar 27, 2026 Deadline: Apr 15, 2026 (Closes in 9 days days left)

About This Position

This position is located in the Pension Benefit Guaranty Corporation's (PBGC), Office of Negotiations and Restructuring (ONR), Negotiations and Restructuring Actuarial Department (NRAD).

Qualifications

All qualification requirements must be met within 30 days of the announcement closing date. To meet the minimum qualifications for this position, you must meet the specialized experience qualifications and education for the grade at which you are requesting consideration. Specialized Experience: Applicants must have at least one year of experience at the GS-15 grade level in the Federal service or equivalent to the GS-15 grade level in the private sector planning and overseeing actuarial work as it relates to the calculation of individual benefits, zone status certifications, unpaid minimum funding contributions, and plan termination liabilities.

Reviewing or preparing Special Financial Assistance applications from financially distressed pension plans. Examples include: supervising actuaries who perform actuarial calculations for benefit plans, calculating unpaid employer contributions or solvency projections, calculating minimum funding requirements; and reviewing actuaries' calculations to determine their accuracy and resolve any related discrepancies. Time-In-Grade Requirement: In order to be eligible for this position, all current Federal employees must provide proof of meeting the time-in grade requirement (i.e., at least 52 weeks of experience at the next lower grade level in the Federal service).

This information must be in both your resume and on an SF-50. Those who do not provide proof of having met the time-in-grade requirement will be deemed ineligible for this position. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student; social).

You will receive credit for all qualifying experience, including volunteer experience.

Your resume must clearly describe your relevant experience; if qualifying based on education, your transcripts will be required as part of your application.

Major Duties

The candidate selected for this position will: In accordance with departmental procedures, review and sign the actuarial report documenting Negotiations and Restructuring Actuarial Department (NRAD)'s review of Special Financial Assistance (SFA) applications for significant amounts of assistance and participates in the approval process for all SFA applications. Work with the Corporate Finance and Restructuring Department (CFRD) and the Plan Compliance Department (PCD) Director to assess the impact of proposed changes in policies, procedures which affect the programs, and procedures which affect the Departments. Provide actuarial analyses of proposed multiemployer plan mergers, spinoffs, and partitions, as well as proposed changes to withdrawal liability rules in order to maximize the support of contributing employers and affected labor unions for the multiemployer pension system and minimize the risk of plan insolvency.

Education

In order to qualify for this position, you must possess the following education: 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. 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.

How You Will Be Evaluated

Referral: You will be assigned to one of three quality groups. Each group represents a quality level (i.e., Best Qualified, Qualified, Minimally Qualified). Candidates will be considered in quality group order. If you are among the top qualified candidates, your application may be referred to a selecting official for consideration.

You may be required to participate in a selection interview (telephonic and/or in person at the discretion of the Selecting Official in accordance with hiring policies). If your resume does not support the answers you gave on the assessment questionnaire, you may be rated Not Qualified or you may be placed in a lower quality group.

Your name will be placed in one of the three following quality groups: •Best-Qualified - highly proficient regarding the knowledge, skills and abilities (KSAs) related to this position. •Qualified - competent regarding the knowledge, skills and abilities (KSAs) related to this position. •Minimally Qualified- possessing only the minimum qualifications required for this position.

Your qualifications will be evaluated on the following knowledge, skills, and abilities (KSAs): 1. Ability to implement strategic and operational plans and allocate resources, including budgeting and personnel.

  1. Skill in developing programs, structures, and procedures to implement new or revised policies and procedures.
  2. Skill in planning, executing, and evaluating operational and actuarial functions. Candidates who apply under Competitive Merit Promotion procedures will undergo a quality review to determine if they are best qualified based on the content of their resume and their responses to the assessment questionnaire.

Best qualified will be referred if all required supporting documentation has been provided. Candidates who apply under Noncompetitive procedures will undergo a quality review to determine if they are minimally qualified based on the content of their resume, supporting documentation submitted and their responses to the assessment questionnaire.

Your rating may be lowered if your responses to the online questions are not supported by the education and/or experience described in your application.

You may preview questions for this vacancy.

Additional Information

PBGC encourages qualified applicants with disabilities to apply. If you are requiring reasonable accommodations, please contact PBGC's Reasonable Accommodation Coordinator, Denorse Prince, at (202) 229-4026 or [email protected]. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

All Veterans are encouraged to visit CareerOne for resume writing tips and skill conversion terms. If you believe that you have been subjected to discrimination, you may contact the PBGC Office of Equal Employment Opportunity (OEEO): OEEO Main Office Phone: 202-229-4363 Email: [email protected]

How to Apply

In order to be considered, submit all of the required information (including your supplemental documentation) before midnight EST on the closing date. If you are not able to apply online or require reasonable accommodations, contact Cecilia Mendoza on (202) 229-3713 or at [email protected] no later than 5:00 p.m. on the day before the closing date of this vacancy announcement. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Please complete all the steps in the online application process at USAJOBS (www.usajobs.gov).

You may make updates to your information at any time prior to midnight EST on the closing date of this announcement. Register with USAJOBS, which will store your information and resume.

You will only need to complete this step once. Locate and review the vacancy announcement on USAJOBS.

Click the “Apply” link and then select a resume to submit with your application. If you do not have a resume to select, or you want to upload a new one, click “Add Resume” and upload your resume. You can also click “Edit” to edit an already-uploaded resume.

Once you have selected a resume, click “Save and Continue.” Add or remove your supporting documents. Once you have attached your resume and supporting documents, review your application package to ensure that they have been attached, then check the box next to “I acknowledge that I have reviewed my resume and document(s).” Then Click “Save and Continue.” Complete the “Include Personal Information” page and click “Save and Continue.” On the “Continue Application with Agency” page, read the terms and certify by checking the box if you agree. Then click “Continue to Agency Site.” This will take you to the application for the position.

Click “Apply to this Vacancy.” Complete or review the eligibility questions, which determine the types of positions you are eligible for. Specify which series, grade(s), and location(s) you wish to be considered for.

Complete the online vacancy questions, then click "Finish".

You will continue to the Vacancy Documents page. Review your attached documents from USAJobs. If there are other documents that you need to attach, upload those here as well.

You will then see a summary of your application, including the documents that you submitted. You are strongly encouraged to save or print a copy of this page as proof of submission and receipt of your application and documents. To finish, click "Submit Application."

Required Documents

RESUME: You must submit a resume.

Your resume must include your name and contact information and should clearly show your possession of the specialized experience and KSAs so that we can determine your qualifications for this position.

Your resume should be specific to the position you are applying for, relating your skills and experience to those noted in the job posting. Please limit your resume to two pages. If more than two pages are submitted, only the first two pages will be reviewed by Human Resources and the hiring manager to determine your eligibility/qualifications.

PLEASE DO NOT include photographs, hypertext/hyperlinks, or other inappropriate material or content. This information will not be used to make eligibility or qualification determinations. COVER LETTER (OPTIONAL): Your cover letter should state your interest in this position and the strengths that you feel will make you an asset to the Pension Benefit Guaranty Corporation.

We will not use your cover letter to determine your qualifications; however, your cover letter will go to the Selecting Official along with your resume if you are referred. SF-50 (NOTIFICATION OF PERSONNEL ACTION): All status candidates or reinstatement eligibles must submit an SF-50. DO NOT submit Award SF-50's and/or General Adjustment SF-50's as they cannot be used to prove time-in-grade.

Submit your most recent NON-AWARD SF-50. The SF-50 must indicate proof of status and should identify your position title, series, grade, step, salary, tenure and type of service (Competitive or Excepted); also include your SF-50 reflecting when you entered your highest grade (e.g. Promotion, Appointment, etc.) in order to verify time-in-grade requirements.

Please note that it may be necessary to submit more than one SF-50 to show that all requirements have been met. TRANSCRIPT(S): This position has a positive education requirement.

You must meet the minimum qualification requirement for this position; you must submit transcripts to verify that you meet the requirement. Information on the specific education requirement can be found under the Education in the vacancy announcement.

Your transcripts should include course titles, school name/location, date completed, grades, and number of credits earned. Applicants who obtained their qualifying education outside of the U.S. and its territories must provide proof that their degrees have been validated as equivalent to a degree conferred by a college or university in the U.S. Unofficial transcripts may be submitted with your application; however, you must bring official transcripts with your first day if you are hired.

Please see the Education section of this announcement for additional information. FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. 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.

Frequently Asked Questions

What is the salary for the Chief Negotiating Actuary - PBGC position at Pension Benefit Guaranty Corporation?
The salary range for this position is $151,661 - $224,333/yr. This is a SL-00 position on the General Schedule pay scale. Actual pay may vary based on locality adjustments.
Where is the Chief Negotiating Actuary - PBGC job located?
This position is located in Washington, District of Columbia. This is an on-site position.
What qualifications do I need?
All qualification requirements must be met within 30 days of the announcement closing date. To meet the minimum qualifications for this position, you must meet the specialized experience qualifications and education for the grade at which you are requesting consideration. Specialized Experience: Applicants must have at least one year of experien...
How do I apply for this position?
Apply through USAJobs.gov by clicking the 'Apply on USAJobs' button. You'll need a USAJobs account, a federal-style resume, and supporting documents. The deadline is Apr 15, 2026.
Is a security clearance required?
No security clearance is required for this position.
What does SL-00 mean?
SL-00 refers to the General Schedule grade level. Higher grades require more experience and offer higher pay. Visit our GS Pay Scale page for full salary tables by grade and locality.
What benefits do federal employees receive?
Federal employees receive comprehensive benefits including health insurance (FEHB), retirement through FERS, Thrift Savings Plan (TSP) with government matching, paid annual and sick leave, paid parental leave, life insurance, and student loan repayment programs.