Benefits Consulting and Actuarial Services
Location:
Savannah, Georgia, United States
Posted on:
Deadline:
Summary:
Seeking a firm to provide benefits consulting, actuarial services, and third-party administration for a range of employee benefit plans for Savannah, Georgia’s government authority.
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The government authority in Savannah, Georgia is seeking a vendor to provide comprehensive benefits consulting and actuarial services. The selected firm will be responsible for strategic planning, consultation, implementation, and support of employee benefit programs. Specific requirements include annual actuarial valuations of the county’s pension plan, bi-annual valuations for the county’s trust fund, and the formulation of COBRA rates, ACA fees, and other relevant calculations.
Additional roles include serving as a third-party administrator for several plans, such as self-funded health and pharmacy, dental, basic and optional life insurance, Medicare transition customer service, vision insurance, long-term disability, and Medicare Advantage with prescription drug coverage. The scope also covers auditing medical and pharmacy claims and third-party administrative management functions. The contract will span one year, with a pre-bid meeting scheduled for March 11, 2026, and all questions to be submitted by March 18, 2026.
Best-fit vendors:
• Established benefits consulting firm with actuarial expertise
• Experience administering public sector employee benefit programs
• Familiarity with pension plan and trust fund valuations
• Capability to provide third-party administration and claims auditing
• Proven track record in compliance with ACA, COBRA, and Medicare regulations
