Specifications include, but are not limited to: 1. Auditing resulting contracts for accuracy of coverage, terms and conditions 2. Assisting with annual benefits renewals, including negotiation of changes in contracts 3. Assisting the City in determining specifications for future insurance coverage 4. Marketing the City’s desired insurance package through identification of appropriate carriers, analysis of proposals, provisions of recommendations, and assistance in contract negotiation 5. Preparing, disseminating, and analyzing bid packages in accordance with City specifications, should formal bidding of insurance packages be deemed necessary 6. Reviewing the employee benefit package for quality of benefits provided, cost effectiveness, competitiveness and plan administration on an annual basis. 7. Monitor ongoing contracts, including third party administrators, to insure contract compliance.