Actuarial & Financial Analysis

The contract requires the performance of detailed actuarial and financial analysis to evaluate capital requirements, operating ratios, licensing implications, and premium projections for a nonprofit liability risk pool. The work is focused on providing data-driven insights to support financial sustainability, regulatory compliance, and risk management decisions within the pool’s operational framework. The analysis must be rigorous, grounded in current financial modeling standards, and tailored to the unique structure and objectives of a nonprofit risk-sharing entity. The opportunity is issued as a subcontract under the NAICS code 524126, which pertains to direct insurance carriers, and is managed by the Connecticut Department of Administrative Services Procurement division. The solicitation was posted on July 31, 2026, with a firm response deadline of August 22, 2026, at 3:59 a.m. All work is expected to be performed in coordination with Connecticut state entities, though the specific location of performance is not detailed. Bidders must ensure their proposals address the full scope of actuarial and financial obligations outlined, with alignment to state-specific regulatory and financial oversight expectations.