- Position Title
- Financial Loss Analyst
- Agency
- Offices, Boards and Divisions
- Announcement Number
- DE-12487596-24-BLC Opens in new window
- Open Period
- Thursday, August 1, 2024 to Monday, August 12, 2024
For preview purposes only. To apply, please return to the USAJOBS announcement and click the Apply button.
Eligibilities
1.
Do you claim Veterans’ Preference?
2.
Are you a current or former federal employee displaced from the Department of Justice?
To be eligible under CTAP you must meet all of the following:
To verify your eligibility: You must submit appropriate supporting documentation, such as a Reduction in Force (RIF) separation notice or a Proposed Removal/Separation notice, You must submit a copy of your most recent performance appraisal and a copy of your latest Notification of Personnel Action (SF-50) form.
To be eligible under CTAP you must meet all of the following:
- You are located in the same local commuting area of this vacancy; AND,
- You are applying to a position that is at (or below) the grade level of the position from which you were (or will) be separated from; AND,
- You are applying to a position that does not have greater promotion potential than the position from which you were (or will be) separated from; AND,
- Your last performance rating of record is at least fully successful, or the equivalent.
To verify your eligibility: You must submit appropriate supporting documentation, such as a Reduction in Force (RIF) separation notice or a Proposed Removal/Separation notice, You must submit a copy of your most recent performance appraisal and a copy of your latest Notification of Personnel Action (SF-50) form.
3.
Are you an employee that was involuntarily separated from another agency due to a reduction-in-force (RIF)?
The Inter-agency Career Transition Assistance Plan (ICTAP) is an inter-agency program that helps "surplus" or "displaced" federal employees improve their chances of finding a new job at another agency (not their current or former agency), by giving these employees selection priority over other applicants from outside the agency.
You may be eligible for ICTAP if:
- You're a current federal employee who meets the definition of a "surplus" or "displaced employee—you've received official notice that your job is no longer needed or that you will lose your job by Reduction-in-Force (RIF).
- The agency you're applying to is accepting applications from outside of their workforce.
- The job you're applying to is in the local commuting area.
- You meet the qualifications and other requirements of the job you're applying for.
For example, if you work for the Department of Defense and receive a Reduction in Force (RIF) separation notice, you can apply for a competitive service job in the local commuting area at the Department of Justice.
To verify your eligibility: You must submit appropriate supporting documentation such as a Reduction in Force (RIF) separation notice to include your latest performance rating (if the notice does not have this information included, you must submit a copy of your most recent performance appraisal) and a copy of your latest Notification of Personnel Action, Standard Form 50.
4.
Are you a Veteran with a Service-connected disability of 30% or more?
You may qualify as a disabled Veteran if you separated from active duty under honorable conditions, and you must have a service-connected disability rating of 30% of more, as determined by the Department of Veterans Affairs. You may also qualify for this eligibility if you were awarded a Purple Heart for your service. For more information, review USAJOBS Veterans resources...
To verify your eligibility: You must submit a copy of your latest Certificate of Release or Discharge from Active Duty (DD-214) form, please submit the Member #4 copy. Additionally, you will need to submit the SF-15, Application of 10-point Veterans Preference form, and your VA Letter with the disability rating.
You may qualify as a disabled Veteran if you separated from active duty under honorable conditions, and you must have a service-connected disability rating of 30% of more, as determined by the Department of Veterans Affairs. You may also qualify for this eligibility if you were awarded a Purple Heart for your service. For more information, review USAJOBS Veterans resources...
To verify your eligibility: You must submit a copy of your latest Certificate of Release or Discharge from Active Duty (DD-214) form, please submit the Member #4 copy. Additionally, you will need to submit the SF-15, Application of 10-point Veterans Preference form, and your VA Letter with the disability rating.
Preferences
1.
Select the lowest grade you are willing to accept for this position.
Assessment 1
Carefully read each statement and all possible answers before selecting a response. Some questions will be used to screen out ineligible applicants. Applicant errors in responses will not be corrected. You are responsible for the accuracy of your application. If you fail to provide the requested information contained in the vacancy announcement, or the information submitted is insufficient, you may lose consideration for the position.
1.
Please select the statement that best describes the experience that you possess that demonstrates your ability to perform Financial Loss Analyst work at the GS-11 level or equivalent pay band in the Federal service.
2.
Please select the statement that best describes the experience that you possess that demonstrates your ability to perform Financial Loss Analyst work at the GS-12 level or equivalent pay band in the Federal service.
Select the one statement that most accurately describes your training and experience carrying out each task using the scale provided.
3.
Calculate tax offsets for lost wages.
4.
Review tax records and analyze the numbers to identify any concerns.
5.
Prepare financial calculations for court cases.
6.
Apply Net Present Value calculations to actual losses and economic damages.
7.
Evaluate out of pocket expenses requested by petitioners for appropriateness, sufficient documentation .
8.
Evaluate and provide calculations of financial compensation for damages.
9.
Input wage and salary data into various reports, charts and graphs.
10.
Recommend final settlement cost where necessary.
11.
Input and extract information using automated financial systems.
12.
Providing estimates of damages to assist attorneys in setting the terms of potential settlements.
Select “Yes” or “No” to the following question(s).
13.
I certify that to the best of my knowledge and belief, all of the information included in this questionnaire is true, correct and provided in good faith. I understand that if I make an intentional false statement, or commit deception or fraud in this application and its supporting materials, or in any document or interview associated with the examination process, I may be fined or imprisoned (18 5 U.S.C. 1001); my eligibilities may be canceled, I may be denied an appointment, or I may be removed and debarred from Federal service (5 C.F.R. part 731). I understand that any information I give may be investigated. I understand that responding "No" to this item will result in my not being considered for this position.
Assessment 2
Carefully read each statement and all possible answers before selecting a response. Some questions will be used to screen out eligible applicants. Applicant errors in responses will not be corrected. You are responsible for the accuracy of your application. If you fail to provide the requested information contained in the vacancy announcement, or the information submitted is insufficient, you may lose consideration for the position
1.
You need to provide documentation of your complete earnings history. In order to do so, what website would you visit?
2.
In December of 2021, Mrs. Smith took time off from work for the surgery on her shoulder. She received two weeks of short-term disability pay at 60% of her salary, which was $80,731. She is now requesting reimbursement for the salary difference. What is the difference?
3.
Assuming a net discount rate of 2.0%, if you are calculating the discounted net present value of lost earnings of $27,500 per year over 20 years on the basis of an annuity due, which is the value obtained?
4.
Each of the following could constitute an offset to a lost wage claim EXCEPT:
5.
Assuming a net discount rate of 2.0%, if you are calculating the discounted net present value of lost earnings of $27,500 per year over 20 years on the basis of an ordinary annuity, which is the value obtained?
6.
You have been asked to provide an estimate of lost earnings in a vaccine case involving an adult petitioner who claims total loss of past earnings from 2019 and future earnings from 2024 and beyond. Each of the following items of information would be helpful in making the estimate EXCEPT:
7.
You have been asked to provide an estimate of partial lost earnings in a vaccine case involving an adult petitioner with pre-injury total earnings of $60,000.00 per year who claims lost earnings based on a vocational expert's report indicating an impairment of 50%. Petitioner's net annual loss after offsets would be estimated to be:
8.
You have been asked to provide an estimate of lost earnings in a vaccine case involving a single petitioner with pre-injury total earnings of $180,000.00 in 2024. Given that FICA taxes are comprised of 6.20% for Social Security and 1.45% for Medicare, what would be the total 2024 FICA tax offset for this case:
9.
You have been asked to provide an estimate of lost earnings in a vaccine case involving a single Florida resident petitioner with pre-injury total earnings of $14,000 in 2024. What would be the total 2024 federal and state income and FICA tax offsets for this case after the 2024 Federal standard deduction:
10.
You have been asked to provide an estimate of lost earnings in a vaccine case involving a single Pennsylvania resident petitioner with pre-injury total earnings of $24,000 in 2024. What would be the total 2024 federal and state income and FICA tax offsets for this case after application of the 2024 Federal standard deduction: