Insurance Actuarial Services

The District of Columbia’s Department of Insurance, Securities and Banking is forecasting a need for insurance actuarial services to support regulatory oversight and financial stability assessments within the insurance sector. This contractual effort is intended to secure expert actuarial analysis to evaluate insurer solvency, reserve adequacy, and risk exposure to ensure compliance with statutory requirements and protect policyholders. The services will likely encompass financial modeling, premium rate reviews, reserve methodologies, and actuarial reports critical to the agency’s regulatory function, though specific scope details and award timelines are not yet defined. The solicitation is currently in a forecast stage, meaning no formal request for proposals has been issued, and the contract is not yet open for bidding. The agency responsible is the District of Columbia’s Insurance, Securities and Banking division, with no set-aside classification or NAICS code listed at this time. There is no designated point of contact or physical place of performance specified, suggesting administrative flexibility or remote work arrangements. Interested parties should monitor the official procurement portal for future updates, as the posting date indicates this is a long-term forecast with potential for solicitation in the future.