Actuarial Audit Services

The government authority located in Kansas requires a USA-based organization to provide offsite actuarial audit services for the four-year period ending December 31, 2022. The selected vendor must perform the work within its own office premises. The requested scope includes reviewing actuarial data, data-related procedures, actuarial methods, procedures, benefit provisions, and actuarial assumptions alongside the experience study and selection process. Additionally, the vendor must independently replicate or recalculate the actuarial valuation results, reconcile those results to the existing actuarial valuation, and identify, evaluate, and communicate significant differences or findings. The vendor may also include any additional procedures it considers appropriate for an independent actuarial audit. The buyer seeks proposals for the budget and requires all questions to be submitted no later than September 25, 2026.