Ohio Procurement Portal #SRC0000038028

Ohio Bureau of Workers' Compensation Actuarial Consulting Services for Ratemaking

This opportunity involves the Ohio Bureau of Workers' Compensation seeking actuarial consulting services to support its ratemaking processes for workers' compensation insurance. - Government Buyer: - Ohio Bureau of Workers' Compensation - Services Requested: - Actuarial consulting services for statewide rate indications and ratemaking - Actuarial analyses and preparation of detailed reports on workers' compensation topics - Handling and analysis of large datasets provided in spreadsheet formats - Preparation of rate studies, mortality studies, and rating tables - Notable Requirements: - Demonstrated expertise in actuarial analysis and workers' compensation ratemaking - Ability to manage complex data and produce comprehensive, actionable reports - No specific OEMs or vendors are named in the solicitation - The contract will replace an expiring agreement and requires familiarity with state-level workers' compensation systems.

Description

This solicitation is a Request For Proposal (RFP) to acquire actuarial consulting services for ratemaking. The scope includes providing statewide rate indications, analysis, and reports related to workers' compensation and other actuarial topics. The contract sought will replace the current one expiring on 9/30/2026. The project involves complex data and reporting requirements, with data provided in spreadsheet formats and includes multiple attachments and reports for bidders' reference.

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