Actuarial Consulting Services for Tennessee Workers' Compensation Advisory Council

The State of Tennessee's Department of Treasury is seeking actuarial consulting services for the Advisory Council on Workers' Compensation to evaluate NCCI's annual filings and provide reports and presentations.

State of Tennessee, Department of Finance and Administration


General
Open
30901-64926
Jul 09, 2026 12:00 PM
Jun 12, 2026 12:00 PM
5 years
Request for Proposal (RFP)
State
Contacts
Dawn Rochelle
+16152538770

Mary Jo Price
+16155320909
Submission Instructions
Email
Description

The State of Tennessee, Department of Treasury, is seeking proposals for actuarial consulting services for the Advisory Council on Workers' Compensation (ACWC). The selected vendor will be responsible for evaluating the National Council on Compensation Insurance, Inc.'s (NCCI) annual filings related to advisory prospective loss costs and rating values for the Tennessee voluntary workers' compensation insurance market. This includes analyzing the underlying data, the appropriateness of NCCI's methodology for loss costs and loss adjustment expenses, and the selection of trend factors. The vendor will prepare a written report and present their findings to the ACWC. The contract period is for sixty months, starting August 25, 2026. The solicitation requires a technical response and a cost proposal, with a response deadline of July 9, 2026.

Classification Codes
NAICS524298All Other Insurance Related Activities
PSCB524Mathematical/Statistical Analysis
Smart Codes
actuarial consultingworkers compensation analysisinsurance rate review
Specifications
Service Only
Requirements
Required
  • Commercial General Liability — $10,000.00
  • Workers' Compensation and Employer Liability — $10,000.00
  • Automobile Liability — $10,000.00
  • Professional Liability — $10,000.00
Scored
  • Minimum 3 references
  • Within the last 5 years
  • Client point of contact required for each reference
Documents
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