Ratemaking and Special Studies Actuarial Consultant Service
Location:
Columbus, Ohio, United States
Posted on:
Deadline:
Summary:
A Columbus, Ohio government authority is seeking an independent actuarial consultant for ratemaking analysis, statutory studies, and programmatic evaluations.
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A government authority in Columbus, Ohio seeks an independent actuarial consultant to support a range of statutory and programmatic mandates. The consultant will assist in the analysis, evaluation, and implementation of statutory requirements, including the segregation of service costs so that each involved fund is appropriately charged. Key activities will include tasks related to individual and group paid retrospective rating, substance use prevention and recovery programs, claim impact reduction programs, safety council programs, and premium size credits.
Services also encompass supplementing basic ratemaking methodologies, evaluating the impact of new claims practices, and supporting the design of alternative rating plans to ensure proper rate establishment. The consultant will be involved in rates, evaluation of ratemaking changes, actuarial reviews, responses to proposed legislative changes, and other related actuarial matters essential to operational decision-making.
Best-fit vendors:
• Experienced actuarial consulting firm with expertise in governmental ratemaking
• Proven track record conducting statutory analysis for public entities
• Ability to manage and account for multi-fund service billing
• Experience with retrospective rating and programmatic evaluations
• Familiarity with Ohio state regulations and legislative processes
