12 8413 Actuarial Services SWIF

The Commonwealth Of Pennsylvania ... The Commonwealth Of Pennsylvania Department Of Labor And Industry On Behalf Of The State Workers Insurance Fund Swif Issues This Invitation For Bids Ifb To Procure Professional Actuarial Services The Lead Actuary Assigned To This Contract Must Be A Member In Good Standing Of The American Academy Of Actuaries Aaa Society Of Actuaries Soa Or Casualty Actuarial Society Cas As Required By The Statement Of Work Actuarial Services Refer To The Independent Actuarial Analysis And Evaluation Of The State Workers Insurance Fund S Workers Compensation Insurance Liabilities Including The Adequacy Of Loss And Loss Adjustment Expense Reserves Policyholder Surplus Premium Deficiency Reserves Loss Projections Actuarial Opinions Actuarial Opinion Summaries Aos Retrospective Analyses Catastrophic Claim Analyses And Related Actuarial Consulting Services Services Are Provided By Qualified Actuaries Who Evaluate Reserve Adequacy Analyze Claim Development Trends Prepare Required Actuarial Reports And Opinions Support Swif S Financial Reporting Requirements And Provide Actuarial Consulting In Accordance With Applicable Actuarial Standards Of Practice Asops Promulgated By The Actuarial Standards Board Statutory Accounting Principles Pennsylvania Workers Compensation Laws And Other Applicable Regulatory Requirements This Ifb Seeks Qualified Independent Contractors To Provide Professional Actuarial Services For The State Workers Insurance Fund Swif Contractors Shall Provide Labor Materials Services Skills Supervision Reporting Travel And Necessary Equipment To Perform Actuarial Services Contractors Must Meet All Agency Requirements And Comply With All Applicable Local State And Federal Laws And Regulations Applicable Actuarial Standards Of Practice Statutory Accounting Principles Confidentiality Requirements And All Applicable Privacy And Information Security Requirements Governing Information Obtained Dur...