- Consultant (Jobs in Bismarck, ND)   Requirement id 135391 Job title Consultant Job location in Bismarck, ND Skills required GASB 87 Software, Auditing Services, -, Open Date 28-Jul-2022 Close Date Job type Contract Duration 6 Months Compensation DOE Status requirement --- Job interview type --- Apply    Email Recruiter: coolsoft Job Description Consultant: GASB 87 Software, Auditing Services, -, start date:10/3/2022 submission deadline:08/19/2022 12:00 PM CT client info: ND Teachers Fund for Retirement Description: The ND Retirement and Investment Office (NDRIO), on behalf of the ND Teachers Fund for Retirement (NDTFFR), hereafter known as “purchasing agency” is soliciting proposals for an actuarial consulting firm to perform an independent actuarial audit and evaluation of actuarial services provided to NDTFFR by its current actuarial consultant, Segal Consulting. The auditing actuarial consultant will be required to conduct a Level 1 full scope actuarial audit by replicating the 2021 actuarial valuation. The auditing actuary must also examine the current actuarys methods and assumptions in the 2019 actuarial experience study. The auditing actuary must express an opinion regarding the reasonableness and/or accuracy of valuation results, actuarial assumptions, and actuarial methods in accordance with generally recognized and accepted actuarial principles and practices. The full scope actuarial audit should include: 1) Replication and evaluation of the 2021 actuarial valuation results, including a review of the data used, the degree to which data is sufficient to support the conclusions of the investigation, and a review of the accuracy of the actuarial calculations. Reconciliation and explanation of significant discrepancies between the auditing actuary and current actuary is required for valuation results (including a determination of actuarial accrued liability, normal cost, actuarial required contribution rate, funded ratio, etc.) 2) Evaluation of the appropriateness and accuracy of actuarial assumptions and methods recommended in the 2019 experience study and used in the 2021 valuation report. 3) Assessment of the actuarial information for required reporting under Governmental Accounting Standards Board (GASB). 4) Assessment of the reasonableness of funding projections under alternative investment return scenarios. 5) Determination of whether the actuarys reports are accurate and comprehensive. The actuarial audit should culminate in a report that: 1) Provides an evaluation and expresses an opinion regarding the reasonableness and accuracy of the valuation results, actuarial assumptions, actuarial methods, funding projections, and GASB information in accordance with generally recognized and accepted actuarial principles and practices. 2) Includes any recommendations regarding reasonable alternatives to the actuarial assumptions or methods. 3) Provides any recommendations to improve the quality and understanding of the actuarial valuation reports. 4) Is provided in draft form to NDRIO for review and comment by NDRIO staff and Segal Consultants, prior to the issuance of the final report. 5) Is provided in final form to NDRIO in advance of January 2023 board meeting. 6) Is presented to NDTFFR Board at its January 2023 board meeting. An electronic copy of the final report must be provided by January, 16, 2023, in advance of the meeting. 7) Is summarized in a letter to be included in NDTFFRs FY 2023 Comprehensive Annual Financial Report. 3.2 REQUIREMENTS: A. DELIVERABLES: The contractor will be required to provide the following to achieve the objective of this project: This schedule of events represents the States best estimate of the contract schedule that will be followed. The contractor will be required to provide the following deliverables according to the estimated contract schedule below. 3.3 EXPERIENCE AND QUALIFICATIONS: For offers to be considered responsive, offerors must meet the minimum qualifications and prior experience requirements. An offerors failure to meet these mini   Call 502-379-4456 Ext 100 for more details. Please provide Requirement id: 135391 while calling.   Other jobs in ND:    GASB 87 Software job openings in other states Jobs List Accountant - Senior - 63949 Create date: 30-Jan-2025 No of Submissions: 2 Start Date :3/3/2025 End Date :05/30/2025 Submission Deadline : 2/10/2025 Client Info: ATL - DOF Description: Job Title: Experienced Accountant Position Summary: We are seeking a highly skilled and self-motivated Accountant wit.... (This job is for - AccountingERP Jobs in GA Atlanta Consultant - (in Atlanta, GA))     (Consultant: GASB 87 Software, Auditing Services, -, in Bismarck, ND)

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