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Actuarial Auditing Services

Overview


Financial, Legal, HR & Staffing
St. Louis, Missouri, United StatesPosted: July 18th, 2026Deadline: July 30th, 2026

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SUMMARY


A St. Louis government authority seeks actuarial auditing services to conduct a full parallel valuation audit of its January 1, 2026 actuarial valuation. The work includes assessing assumptions, methodologies, compliance with actuarial standards, and providing recommendations for improvement.

KEY REQUIREMENTS


CONTRACT DURATION


6 months

TIMELINE


Release of Request for Proposals: July 6, 2026

Statement of Interest Form and Questions Deadline: July 15, 2026

Responses to RFP Questions: July 23, 2026

Proposal Submission Deadline: July 30, 2026

Firm Selection: August, 2026

QUESTION DEADLINE


July 15th, 2026

CONTACTS


Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

Issuing Agency


Public School Retirement System Of The City Of St. Louis

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DESCRIPTION


A government authority in St. Louis, Missouri is seeking a vendor to provide actuarial auditing services for its retirement system valuation. The engagement will include a full replication parallel valuation audit, including a complete re-run of the January 1, 2026 actuarial valuation.

The audit will evaluate the accuracy of the January 1, 2026 valuation and assess the actuarial assumptions and funding methodologies used, including comparison to industry standards. The selected firm is expected to provide an opinion on the reasonableness and accuracy of the actuarial assumptions, actuarial cost methods, and valuation results, and to review compliance with accepted actuarial principles and practices.

The scope also requires a review of actuarial methods based on both industry standards and the audit firm's experience with similar retirement systems. The final audit report should reconcile any significant discrepancies in findings, assumptions, methodology, rates, and adjustments, and include recommendations to improve the quality and readability of the actuarial valuation report. Questions are due by July 15, 2026.

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Frequently asked questions


When is the submission deadline?
Submissions are due July 30, 2026. Questions must be submitted by July 15, 2026.
Who issued this RFP?
It was issued by Public School Retirement System Of The City Of St. Louis. The work is located in St. Louis, Missouri, United States.
Who is a good fit for this opportunity?
  • Actuarial consulting or audit firm with public sector pension expertise
  • Demonstrated experience performing full replication actuarial valuation audits
  • Familiarity with retirement systems and pension funding methodologies
  • Strong knowledge of accepted actuarial principles, practices, and industry standards
  • Experience identifying discrepancies and providing reconciliation analysis
  • Capability to deliver clear audit reports with practical recommendations
  • Preference for firms with similar engagements for government authorities or public retirement systems

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