Actuary – Economic Damages Consultant

This is a fully remote position, open to applicants in United States.

📋 Description

• Conduct thorough assessments of economic and actuarial damages related to military medical malpractice claims.

• Compute the net present value of lost future earnings in cases of wrongful death and personal injury.

• Examine projected earning capacities for military and civilian careers.

• Determine adjustments for personal consumption and residual earning capacity.

• Assess the impacts of disability using relevant VA disability rating methodologies.

• Create present value calculations for lost retirement benefits, Thrift Savings Plan (TSP) contributions, Social Security benefits, and household service losses.

• Execute government benefit offset calculations in line with federal regulations.

• Review and evaluate economist and actuarial reports submitted by claimants.

• Draft written rebuttal reports that highlight errors, unsupported assumptions, and methodological shortcomings.

• Develop and sustain detailed Excel models that underpin all calculations and assumptions.

• Address follow-up inquiries and provide clarifications to government attorneys and legal personnel.

• Ensure that all deliverables adhere to professional actuarial standards and relevant federal regulations.

• Uphold strict confidentiality regarding claimant information, legal strategies, and protected health information (PHI).

⛳️ Requirements

• A Bachelor's degree in actuarial science, Economics, Mathematics, Statistics, Finance, or a related discipline.

• At least five (5) years of professional experience in preparing assessments for personal injury, wrongful death, or economic damages.

• Proven expertise in actuarial methods, economic loss analysis, and present value calculations.

• High proficiency in Microsoft Excel and complex financial modeling.

• Experience in preparing expert reports for litigation, insurance, healthcare, government, or legal contexts.

• Exceptional written communication skills, with the ability to articulate complex calculations clearly and professionally.

• Ability to work autonomously and adhere to tight deadlines.

• Must be eligible to successfully complete necessary background screening requirements.

• Capability to manage Controlled Unclassified Information (CUI), Protected Health Information (PHI), and Personally Identifiable Information (PII).

• Must adhere to all DHA confidentiality, security, and non-disclosure standards.

• Preferred: ASA, FSA, MAAA, FCA, CFA, CPA/ABV, CFE, PhD Economist, or similar professional credentials.

• Preferred: Experience as an expert witness.

• Preferred: Background in calculating economic damages in medical malpractice, personal injury, or wrongful death cases.

• Preferred: Understanding of military compensation systems, veterans' benefits, and federal retirement programs.

• Preferred: Experience supporting federal government agencies, healthcare organizations, or legal teams.

• Preferred: Knowledge of Title 10 U.S.C. §2733a and 32 CFR Part 45.

🏝️ Benefits

• Remote/telework options available.

• Opportunity to deliver high-impact actuarial and economic expertise that supports the agency's mission.

• Chance to contribute to significant legal determinations in the field of medical malpractice claims.