Insurance Company Financial Examination Supervisor Services

The Alabama government authority is seeking a vendor to provide insurance company financial examination supervisor services. The agency needs a qualified partner to supervise or assist in the supervision of financial examinations for captive insurers and other regulated entities. This role involves providing guidance to examination staff and contractors regarding examination procedures and regulatory expectations. The selected vendor will review examination workpapers, reports, and supporting documentation for accuracy, completeness, and regulatory compliance. The scope of work also includes assisting with the resolution of complex accounting, financial reporting, or regulatory issues that arise during examinations. Additionally, the agency requires assistance with planning and scheduling examinations and related supervisory activities. The agency requires subject-matter expertise regarding captive insurance regulatory practices and emerging regulatory issues. The vendor must provide written and oral reports regarding examination findings and regulatory recommendations. Performance of all requested work will take place offsite. Only onshore organizations based in the United States are eligible to bid on this opportunity. The agency is looking for proposals to determine the budget and will award a contract with a duration of two years. Bidders must submit all questions regarding this opportunity no later than May 29, 2026.