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Unemployment Insurance Trust Fund Analysis Supervisor (in-training) *telework*

Company: State of Washington
Location: Olympia
Posted on: June 12, 2021

Job Description:

Here's your opportunity to be a key part of how we live our vision and BUILD the nation's best and most future ready workforce - starting right at ESD! 

Only current employees of the Employment Security Department are eligible for this opportunity. 

At the Employment Security Department (ESD) we believe in the Power to Help when people need it most. We provide our communities with inclusive workforce solutions that promote economic resilience and prosperity. We help people find jobs, bridge gaps in employment and now provide paid family and medical leave.

Our Labor Market and Economic Analysis (LMEA) Division is currently recruiting for a Unemployment Insurance (UI) Trust Fund Analysis Supervisor

The work we do matters. The LMEA team supports the agency's mission and the employment process by providing businesses, individuals and other customers with the labor market information they need to succeed in a changing economy.  Our UI Trust Fund Analysis Supervisor directs actuarial analyses and staff to identify problems faced by current processes and actuarial modeling of expected UI claims and their respective benefit payments due to unexpected, sudden and drastic changes of the economic cycles. 

Work from anywhere in Washington! 

This position allows you to telework full time and flexible job schedules are available.

As a teleworking UI Trust Fund Supervisor you will develop, direct and determine optimum strategies to prepare timely, accurate and complete actuarial analyses in response to mandated analyses (by federal or state law, or grant guidelines), requests from agency management, legislative bodies, and other governmental units. You will contribute to the achievement of the organization's mission by developing and directing comprehensive UI Trust Fund analyses used for policy determinations (RCW 50.29.025, and Chapter 192-320 WAC). Using statistical software programming languages (Python and R), mathematical models, descriptive and advanced inferential statistical techniques, and actuarial science, you will analyze data and interpret results to improve UI Trust Fund analyses.  

What a typical day may look like:

  • Responsible for testing the actuarial data and methods.  
  • Design, develop, test and determines actuarial methods, procedures and agent based or econometric models to advise in the optimal administration of the unemployment trust fund account (UI Trust Fund) of the unemployment compensation fund (RCW 50.16.020).
  • Defines scope of research, project goals, objectives, methods and plans.
  • Plan and determine actuarial analyses, and assess and refine them based on policy implications, feasibility and data requirements.
  • Gathers, inputs, prepares and cleans raw data to use in the actuarial analyses.

To request a detailed position description click here.

This is an in-training opportunity and will be hired as an Actuarial Analyst 2.

You will be required to successfully complete the training plan in order to promote to the the goal class of Actuarial Analyst 3 is reached.

Salary ranges for these levels are:

Actuarial Analyst 2: $55,524 - $72,256 annually depending on qualifications.

Actuarial Analyst 3: $70,956 - $93,132 annually depending on qualifications.

Required:

  • A Bachelor's degree in actuarial science, mathematics, statistics, engineering, physical science, economics, or equivalent field.
  • Successful completion of two (2) courses of the Society of Actuaries (SOA).
  • 18 months of life and disability or health actuarial experience.

Or 

  • A combination of education and/or relevant experience totaling no less than five and one half (5.5) years.
  • Successful completion of two (2) courses of the Society of Actuaries (SOA).

Education to Experience Equivalences:

Associate Degree = 2 years | Bachelor Degree = 4 years | Masters or Higher = 5 years

Desired:

  • Familiarity with time series modeling, econometric methods and the theories, and agent based modeling approaches.
  • Demonstrated ability to:
  • Create tables, queries and other objects using tools such as SQL.
  • Understand and apply algorithms using computer programming logic and languages such as R, and Python.
  • Use specialized software (for example, Python, R or SQL) to collect data from large databases (big data or internal databases), create data sets for econometric or statistical analysis and conduct econometric or statistical analysis.
  • Write technical and plain language reports.
  • Review and edit peer's reports for a general or technical audience.
  • Interact confidently and effectively with stakeholders, customers, researchers and other audiences.
  • Manage projects.

Additional Requirement of Employment:

  • Must be able to pass an Unemployment Insurance (UI) Claim & Benefit Information Review.
  • Internet service with speeds of 10mbps download and 2MB upload. To test your internet speed please go to www.speedtest.net.

Please submit your Cover Letter, and Resume with your Online Application through the "Add Attachments" field. A resume will not substitute for the "work experience" section of the application or vice versa. Applications with blank fields, or supplemental question responses with comments such as "see attachments" may be considered incomplete. 

Why work with us?

We value Collaboration, Diversity, Equity, Inclusion, Innovation, and Integrity, Investing in our people and Service with kindness.  We understand that a work environment that respects your work/life balance is key that's why many of our positions are eligible for flexible work schedules and teleworking opportunities. Through support, value and trust our employees are empowered to grow and develop into their best self.

More than Just a Paycheck

Washington State offers one of the most competitive benefits packages in the nation. Beyond the traditional benefits such as Health, Life Insurance, Retirement, and related benefits, we offer Flex Spending Accounts, Dependent Care Assistance, Deferred Compensation and so much more. We take work life balance seriously and many of our offices offer flexible work hours with a wider variety of shift and schedule option to assist in this.

Modern Workplace

We are diligent and remain focused on creating a modern workplace designed to meet the needs of a changing workforce. We have wellness programs, telework policies and flexible schedules. We're working to update our facilities all over the state to enhance both the client and employee experience.

Opportunity for All

The Washington Employment Security Department is an equal opportunity employer. We strive to create a working environment that includes and respects cultural, racial, ethnic, sexual orientation and gender identity diversity. Women, racial and ethnic minorities, persons of disability, persons over 40 years of age, veterans or people with military status, and people of all sexual orientations and gender identities are encouraged to apply. Please include your name and pronouns in your application, to ensure we address you appropriately throughout the application process. 

If you are a person with a disability needing assistance in the application process, if you need this job announcement in an alternate format, or if you have general questions about this opportunity, please contact Dawn Loduha or the Talent Acquisition Team, or Washington Relay Service 711.

Other Information

  • This recruitment may be used to fill additional agency-wide positions in accordance with Article 4 of the WFSE Collective Bargaining Agreement.
  • The Employment Security Department is an equal opportunity employer.
  • Auxiliary aids and services are available upon request to individuals with disabilities.
  • If you are having technical difficulties creating, accessing or completing your application, please contact careershelp@des.wa.gov or (360) 664-1960 or toll free (877) 664-1

Keywords: State of Washington, Olympia , Unemployment Insurance Trust Fund Analysis Supervisor (in-training) *telework*, Other , Olympia, Washington

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