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Commonwealth of Kentucky, Department of Insurance·Kentucky

Financial Examiner/Analyst

Closes 4/8/2026$150k – $400kRequest for Proposal
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Description

The Commonwealth of Kentucky, Department of Insurance, is seeking a Financial Examiner/Analyst to perform professional services in the regulatory oversight of insurers in Kentucky. The selected contractor will participate in exams and analysis, conduct financial examinations, and provide recommendations to the Department. The contractor will also be responsible for keeping the Certified Financial Examiner/Analyst, Examiner in Charge, and Reviewer informed of significant issues and material adverse findings. Key aspects of the job include: • Conducting complex examinations of NAIC-accredited insurers • Developing, presenting, and discussing findings • Making recommendations for corrective actions and internal procedures and policies • Testifying in administrative hearings or other legal proceedings • Scheduling, training, reviewing, or supervising analysis and examination procedures • Reviewing new regulations and laws or other assigned duties necessary to facilitate the Department's regulatory oversight

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Beth Lynn(Procurement Officer)

[email protected]

(502) 564-6154

Key dates

Opened
3/24/2026
Questions due
3/17/2026
Closes
4/8/2026
Duration
24 months

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
RFP-676-2600000295-2

Budget estimate

$150,000 – $400,000

Based on the hourly rates provided, the budget for this opportunity can be estimated. The hourly rates range from $70 to $100 per hour, and the contractor is expected to work up to 2080 hours per fiscal year. Assuming an average hourly rate of $85, the total budget for the first year could be around $176,800. For a two-year contract, the total budget could be around $353,600. However, this is just an estimate and the actual budget may vary depending on the contractor's actual hours worked and the hourly rate negotiated.

AI estimate from the solicitation

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