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Eligibilities being considered and other IMPORTANT information.
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WHAT IS THE LARGE BUSINESS AND INTERNATIONAL DIVISION?
A description of the business units can be found at: https://www.jobs.irs.gov/about/who/business-divisions
The following are the duties of this position at the full
working level. If you are selected at a lower grade level, you will
have the opportunity to learn to perform these duties and will
receive training to help you grow in this position.
- Analyzes unusually difficult and complex actuarial problems and
issues involved in tax law, rulings, and court case decision in
determinations of tax liability under the Internal Revenue Code in
a number of areas of taxation, including valuation of complex
insurance reserves and the tax implications in acquisitions,
reorganizations, and liquidations.
- Represents the Service in conferences with taxpayers, their
legal representatives, representatives of the insurance industry
and actuarial consultants on proposed tax issues and procedures and
problems of common interest, and proposes solutions to highly
technical problems that arose in connection with issues that are
not adequately covered by the laws, regulations and revenue
- Travels to various sites throughout a specified geographical
area, and, as a member of the examination team, conducts specific
and in-depth audit work in areas commensurate to his/her expertise,
serves as a consultant to examiners concerning audit approaches,
studies, and research techniques relating to actuarial methods used
by the taxpayer, and provides service as an expert witness in tax
litigation cases involving insurance issues.
- Develops text material for training manuals, position papers on
complex actuarial policy issues, technical portions of regulations,
and rebuttals to taxpayers' position issues that are
25% or less - You may be expected to travel for this
1510 Actuarial Science
Conditions of Employment
- Must be a U.S. Citizen or National.
- A 1-year probationary period is required.
- Have your salary sent to a financial institution of your choice
by Direct Deposit/Electronic Funds Transfer.
- Undergo an income tax verification and review of prior
- Must successfully complete a background investigation,
including a FBI criminal history record check (fingerprint
- Complete a Declaration for Federal Employment to determine your
suitability for Federal employment, at the time requested by the
- If you are a male applicant born after December 31, 1959,
certify that you have registered with the Selective Service System
or are exempt from having to do so.
- Go through a Personal Identity Verification (PIV) process that
requires two forms of identification from the Form I-9. Federal law
requires verification of the identity and employment eligibility of
all new hires in the U.S. These documents must be unexpired
original or certified copies
.-Provide proof of U.S. Citizenship. (Birth certificate showing
birth in the U.S; Unexpired U.S. Passport; Certificate of
Citizenship or Naturalization; or Report of Birth Abroad of a U.S.
Citizen (Form FS-240))
- The employment of any candidate, including a current employee
or a new hire, selected for this position may be conditional upon
classification and/or audit of federal tax returns. This audit may
include up to 2 years of returns.
- File a Confidential Financial Disclosure Report within 30 days
of appointment and annually from then on.
- Obtain and use a Government-issued charge card for
- This is a non-bargaining unit position.
- Tour of Duty: Monday - Friday 8:00am to 4:30pm
- Alternative work schedule, staggered work hours or telework may
be available; Must meet IRS telework eligibility requirements.
- We may select from this announcement or any other source to
fill one or more vacancies. Additional jobs may be filled.
- The anticipated start date is To Be Determined
- Relocation expenses - No
You must meet the following requirements by the closing date of
BASIC REQUIREMENT :
You must have 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
A combination of education and experience that includes BOTH of
the following requirements: (1) Technical work experience in
actuarial support work or in mathematics, AND (2) 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.
In addition to meeting the basic requirement above, to qualify
for this position you must also meet the qualification requirements
GS-15 SPECIALIZED EXPERIENCE:
In addition to meeting the basic requirements, you must have 1
year of specialized experience at a level of difficulty and
responsibility equivalent to the GS-14 grade level in the Federal
service. Specialized experience for this position includes: A wide
range of experience with actuarial & accounting requirements,
processes and techniques pertinent to the statutory and tax
valuation of life insurance and annuities and reserves and the
Federal income tax examinations of life insurance companies;
experience working in a life insurance company, an accounting firm,
or an actuarial consulting firm, or in the public sector, where you
were involved in the preparation and/or audit of the 1120L tax
return, and in particular, life insurance, annuity or other
reserves; experience preparing written and/or oral presentations
for clients, taxpayers, other actuaries, auditors, professional
consultants, counsel and management that demonstrate expertise
relating to state and tax laws, regulations, and rulings, and
actuarial and accounting principles applicable to life insurance
Federal experience is not required. The experience may have been
gained in the public sector, private sector or Volunteer Service.
One year of experience refers to full-time work; part-timework is
considered on a prorated basis.
- To ensure full credit for your work experience, please indicate
dates of employment by month/year, and indicate number of hours
worked per week, on your resume.
For more information on qualifications please refer to OPM's
For positions with an education requirement, or if you are
qualifying for this position by substituting education or training
for experience, submit a copy of your transcripts or equivalent. An
official transcript will be required if you are selected.
A college or university degree generally must be from an
accredited (or pre-accredited) college or university recognized by
the U.S. Department of Education. For a list of schools which meet
these criteria, please refer to Department of Education
If you are qualifying based on foreign education, you must
submit proof of creditability of education as evaluated by a
credentialing agency. Refer to the OPM instructions.