Actuarial Analysis and Risk Modeling Services

The contract requires the provision of actuarial analysis and risk modeling services for self-funded health and welfare plans, encompassing the valuation of current financial obligations, projection of future claims trends, and evaluation of funding adequacy to ensure long-term sustainability. The work involves developing and applying financial models to assess potential risks under various benefit design scenarios, enabling the agency to make informed decisions regarding plan structure, cost containment, and resource allocation. The scope demands advanced statistical and actuarial expertise to analyze large datasets, account for demographic and utilization changes, and deliver actionable insights supported by rigorous methodologies. The contract is designated as a subcontract under NAICS code 541611 and was posted on July 1, 2026, with a response deadline of July 24, 2026. It is solicited by Teton County in Wyoming, though the specific office location and point of contact are not provided. Interested parties must submit proposals through the public procurement portal linked in the posting. There is no set-aside designation specified, indicating the opportunity is open to all eligible entities. The nature of the work requires technical proficiency in actuarial science and a proven ability to translate complex financial projections into clear, reliable guidance for plan administrators.