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Commonwealth of Kentucky, Department of Insurance·Kentucky

Examination Investment and Actuarial Specialist

Closes 4/8/2026$200k – $500kRequest for Proposal
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Description

The Commonwealth of Kentucky, Department of Insurance, is seeking a contractor to provide Examination Investment and Actuarial Specialist services. The contractor will participate in financial exams and analysis of insurers, review actuarially determined assets and liabilities, and assess statutory and regulatory compliance. The contractor will also be responsible for reviewing investment portfolios and determining the effectiveness of hedging programs. The contract is expected to be for a period of 24 months, with the possibility of renewal for up to two additional 24-month periods. Key aspects of the job include: * Reviewing investment portfolios and assessing the effectiveness of hedging programs * Participating in planning the examinations and analysis * Reviewing actuarially determined assets and liabilities * Assessing statutory and regulatory compliance * Providing technical expertise and support to the Department of Insurance The ideal candidate will have experience in insurance regulatory exams, actuarial services, and investment analysis. They will also have strong technical skills, including proficiency in Microsoft Office and NAIC databases.

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
524114
Solicitation №
RFP-676-2600000298-2

Budget estimate

$200,000 – $500,000

The budget for this opportunity is estimated to be around $200,000 to $500,000 per year, based on the hourly rates provided in the RFP. The contractor will be paid an hourly rate of $225.00 for Actuarial Specialist services and $220.00 for Investment Specialist services. The total budget will depend on the number of hours worked and the specific services provided. Factors that may influence the likely payment range include the complexity of the exams and analysis, the level of expertise required, and the amount of time spent on the project.

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