Workers’ Compensation Actuarial Consulting Services
Overview
Fit Score
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SUMMARY
KEY REQUIREMENTS
CONTRACT DURATION
TIMELINE
RFP Issued: June 12th, 2026
Disability Accommodation Request Deadline: June 17th, 2026
Pre-response Teleconference: June 18th, 2026
Notice of Intent to Respond Deadline: June 19th, 2026
Written Questions & Comments Deadline: June 24th, 2026
State Response to Written Questions & Comments: July 2nd, 2026
Response Deadline: July 9th, 2026
State Completion of Technical Response Evaluations: July 20th, 2026
State Opening & Scoring of Cost Proposals: July 21st, 2026
State Notice of Intent to Award Released: July 28th, 2026
End of Protest Period: August 4th, 2026
State sends contract to Contractor for signature: August 5th, 2026
Contractor Signature Deadline: August 11th, 2026
QUESTION DEADLINE
CONTACTS
Primary procurement contact — name, title, email, and phone
Additional decision-makers and their departments
Issuing Agency
State Of Tennessee Treasury Department
DESCRIPTION
A vendor is sought to provide actuarial consulting services to the advisory council on workers’ compensation. The contractor will assist with the review and evaluation of the National Council on Compensation Insurance, Inc.’s annual filing regarding prospective loss cost and rating values for the voluntary workers’ compensation insurance market, including the evaluation of all subsequent annual filings during the contract term.
The responsibilities include assessing the scope and quality of the data used in annual loss cost filings, identifying any sources of bias, analyzing case counts, claim values, data coverage, and noting any exclusions from insurance company submissions. Additionally, the contractor must address and separately review both direct loss costs and loss adjusting expenses in all analyses and generated written reports.
The contractor will also be expected to provide additional actuarial services, produce ad hoc reports, and deliver oral presentations as needed by the Council. The contract will span five years, with opportunities for questions and a scheduled pre-bid meeting prior to the submission deadline.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due July 9, 2026. Questions must be submitted by June 24, 2026.
- Who issued this RFP?
- It was issued by State Of Tennessee Treasury Department. The work is located in Nashville, Tennessee, United States.
- Who is a good fit for this opportunity?
- Actuarial consulting firms with expertise in workers’ compensation
- Experience analyzing insurance loss cost filings
- Ability to deliver formal reports and presentations to public sector clients
- Prior work with government or advisory councils in Tennessee or similar jurisdictions
- Staff credentialed with industry-recognized actuarial certifications
Analysis generated by Settle AI from the source RFP.
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