Actuary Service

The government authority located in Iselin, NJ requires a USA-based vendor to provide offsite actuary services. The selected vendor must certify loss reserves, reserves for losses, and unearned assessments, while also providing expected incurred losses and calendar months for the six months following a reserve report. Additionally, the vendor must promulgate the loss funding rates for the upcoming year by line of coverage. Only USA-based organizations are eligible to submit proposals for this opportunity. Interested applicants must submit proposals with their proposed budget, though the source text does not specify exact deadlines, submission methods, evaluation criteria, or the contract term.