Fund Actuary Services

The government authority located in Iselin, NJ needs a vendor to provide fund actuary services. The selected vendor must certify loss reserves, reserves for incurred but not reported losses, and unearned assessments, while also promulgating loss funding rates by line of coverage for the upcoming fund year. Additionally, the vendor must review new fund applicants, compute annualized loss projections by line of coverage, assist in developing assessments, and attend executive committee meetings as requested. Eligible applicants must be onshore entities located within the USA only. The vendor will perform the required work onsite in Iselin, NJ. Applicants can submit their responses digitally via email or online, and the buyer requests a budget proposal within the submission. The provided text does not state application deadlines, evaluation criteria, or contract term length.