Consulting Actuary Services
Overview
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SUMMARY
KEY REQUIREMENTS
CONTRACT DURATION
TIMELINE
RFP Issued: August 14th, 2026
Questions Due: September 1st, 2026
Proposal Due: September 15th, 2026
QUESTION DEADLINE
CONTACTS
Primary procurement contact — name, title, email, and phone
Additional decision-makers and their departments
Issuing Agency
Public Education Employee Injury Compensation Board
DESCRIPTION
A government authority in Alabama is seeking consulting actuary services to support the development of a new statewide program. The selected vendor will develop credible prospective loss projections despite limited historical experience and create funding recommendations for the program.
The consultant will assist with maintaining financial stability during the program’s first several years and establish an actuarial methodology that can be updated annually as actual experience develops. The vendor must also be able to explain complex actuarial concepts clearly to non-actuaries, legislators, board members, and finance officials. Questions must be submitted by September 1, 2026.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due September 15, 2026. Questions must be submitted by September 1, 2026.
- Who issued this RFP?
- It was issued by Public Education Employee Injury Compensation Board. The work is located in Alabama, United States.
- Who is a good fit for this opportunity?
- Actuarial consulting firm with public-sector and statewide program experience
- Expertise in prospective loss projections with limited historical data
- Experience developing funding recommendations and financial stability models
- Ability to communicate technical actuarial findings to government stakeholders
- Strong capabilities in developing annually updateable actuarial methodologies
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.