Examination Investment and Actuarial Specialist

The Commonwealth of Kentucky, Department of Insurance, is seeking a contractor to provide actuarial and investment specialist services to participate in financial exams of insurers. The contractor will review actuarially determined assets and liabilities, investment portfolios, and hedging programs. The contractor will also participate in planning examinations and analysis, and may be required to testify in formal proceedings. The contract is expected to start on July 1, 2026, and end on June 30, 2028, with the option to renew for up to two additional two-year periods. • The contractor will provide services on an hourly basis, with a rate of $225.00 per hour for actuarial specialist services and $220.00 per hour for investment specialist services. • The contractor will be required to maintain commercial general liability insurance and automobile liability insurance, if applicable. • The contractor will be required to comply with all applicable laws and regulations, including those related to nondiscrimination and campaign finance. • The contractor will be required to provide a detailed response to the technical requirements outlined in the evaluation criteria. • The contractor will be required to submit a proposal that includes a technical proposal, a cost proposal, and any other required documents.