INS Health Actuarial Consultant

The Ohio Department of Insurance is seeking a Health Actuarial Consultant to review Premium Rate Filings and complete all Work set forth in the scope of work. The Contractor must be a qualified health actuary with experience reviewing major medical for at least one state's department of insurance. The Contract will be for a term of 48 months, with the option for renewal. The Contractor will be responsible for reviewing health insurance product Premium Rates in accordance with actuarial soundness, applicable laws, statutes, and rules. • The Contractor must have a Lead Actuary who is a current member of the American Academy of Actuaries and a qualified health actuary as described in the U.S. Qualification Standards. • The Contractor must provide an attestation of the Lead Actuary's status as a qualified health actuary and experience reviewing major medical for at least one state's department of insurance. • The Contractor must not use subcontractors for this Contract. • The Contractor must provide a response to Part 1 – Scope of Work, demonstrating the ability to quickly undertake and successfully complete the Work under the Contract.