RFP Automobile Insurance Rating Actuarial Services

The Division of Financial Regulation under the Oregon Department of Consumer and Business Services is seeking qualified contractors to provide actuarial services for automobile insurance rating analysis under RFP S-44000-00016831. The selected contractor will develop a detailed work plan outlining the methodology for conducting an actuarial study, which must include a clear approach to analyzing loss ratios and other relevant financial metrics. Following approval of the work plan, the agency will supply automobile insurance data aligned with the contractor's proposed framework, after which the contractor is required to deliver a comprehensive report with actionable insights derived from the analysis. The solicitation is open to all eligible parties without specific set-aside designations and is targeted toward experienced actuarial professionals capable of handling complex insurance data. All proposals must be submitted by July 8, 2026, at 10:00 PM Pacific Time, with the official posting date being May 21, 2026. The agency’s office is located in Salem, Oregon, and all work is to be performed in the same location. Sydney Wollersheim serves as the primary point of contact and purchaser, reachable via phone or email for inquiries. Additional details regarding scope, deliverables, and evaluation criteria are available through the official bidding portal. Contractors are expected to demonstrate technical expertise, data analysis capabilities, and an understanding of Oregon’s automobile insurance regulatory environment.