Unemployment Insurance Trust Fund Analysis Supervisor

Attendance

Remote

Posted on

Application Deadline

Type

Researcher / analyst

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! 

Here 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.

Duties:

Working virtually as a 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.

Qualifications:

Required:

  • A Bachelor’s degree in actuarial science, mathematics, statistics, engineering, physical science, economics, or equivalent field.
  • Successful completion of four (4) courses of the Society of Actuaries (SOA).
  • Three (3) years of life and disability or health actuarial experience.

Or 

  • A combination of education and/or relevant experience totaling no less than seven (7) years.
  • Successful completion of four (4) courses of the Society of Actuaries (SOA).

A Master's degree will substitute for one year of the required experience.

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.

More Information

Posted on

Application Deadline

Type

Researcher / analyst

United States