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  5. ›CCRFP FOR UNDERWRITING MANAGER – WORKERS’ COMPENSATION

New Jersey Municipal Excess Liability Joint Insurance Fund·New Jersey

CCRFP FOR UNDERWRITING MANAGER – WORKERS’ COMPENSATION

Closes 12/11/2025$500k – $2MRequest for ProposalLogin required
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Description

The New Jersey Municipal Excess Liability Joint Insurance Fund is seeking a qualified firm to serve as Underwriting Manager for its Workers' Compensation program. The selected firm will be responsible for marketing, negotiating, and placing excess workers' compensation and reinsurance coverage, reviewing loss data and payroll audits, preparing annual premium schedules and renewal documentation, and providing underwriting support to the Executive Director, Claims Administrator, and Safety Director. The contract is for a period of three years. Key responsibilities include: • Marketing, negotiating, and placing excess workers' compensation and reinsurance coverage • Reviewing loss data and payroll audits to support premium allocation and actuarial forecasting • Preparing annual premium schedules and renewal documentation • Coordinating coverage documents and filings • Providing underwriting support to the Executive Director, Claims Administrator, and Safety Director

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Matthew Cavallo(Qualified Purchasing Agent)

[email protected]

(973) 703-4070

Key dates

Opened
11/18/2025
Questions due
11/25/2025
Closes
12/11/2025
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
25-18

Budget estimate

$500,000 – $2,000,000

Based on the information provided, it is difficult to estimate the exact budget for this opportunity. However, considering the scope of work and the fact that it's a three-year contract, a possible budget range could be between $500,000 and $2,000,000. This estimate is based on the assumption that the underwriting manager will be responsible for managing a significant portion of the Workers' Compensation program and will be providing ongoing support and services to the Executive Director, Claims Administrator, and Safety Director. Factors that may influence the likely payment range include: • The size and complexity of the Workers' Compensation program • The level of expertise and experience required for the Underwriting Manager role • The scope of services to be provided, including marketing, negotiating, and placing excess workers' compensation and reinsurance coverage • The duration of the contract, which is three years

AI estimate from the solicitation

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