Actuarial Rate Setting

The New York State Department of Financial Services ("Department") is seeking the services of qualified and experienced actuaries to assist the Superintendent and the Department in the actuarial review of filed property and casualty insurance rates in the State of New York and other matters pursuant to Article 23 of the New York Insurance Law (“Insurance Law”). The release of this RFQP is the first phase of a two-phase process for the Department to hire actuaries for Actuarial for Rate Setting Services and other matters. For more details, please refer to the RFQP document available for download on our website, along with all attachments, exhibits, and appendices at: https://www.dfs.ny.gov/procurement. Important Dates: Questions due by 3:00PM eastern time on November 3, 2025. Responses to questions will be uploaded to the website on or about Thursday, November 13, 2025. Bids due on or before 3:00PM eastern time on Monday, December 1, 2025. **11/13/25 UPDATE - Responses to Questions have now been published on our website.** Communications regarding this procurement are restricted under New York State Finance Law 139-j. For any inquiries, you may only contact the Designated Contacts listed in this advertisement using the email address [email protected]. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: None Service-Disabled Veteran-Owned Business (SDVOB) SDVOB Goal: 0.00% Minority / Women Business Enterprise contracting goals (MWBE) MBE Goal: 0.00% WBE Goal: 0.00% Disadvantaged Business Enterprise contracting goals (DBE) DBE Goal: 0.00%