a) Assist the City of LeClaire in designing insurance policy specifications in accordance with the City’s employee Benefit Program and market the program for coverage when instructed to do so by the City, which may also include the completion of all applications, documents and working with the City’s staff to gather data, which may be requested by insurance companies. b) Suggest alternative risk financing techniques to reduce the City of LeClaire’s cost of risk including the advantages and disadvantages of each. c) Analyze proposals received from various insurance companies and other parties, negotiate changes for the benefit of the City of LeClaire and verify the practicality of the price for the coverage provided. d) Provide the City of LeClaire with a summary of the advantages and disadvantages of various insurance program options, including but not limited to: limits, coverages, retention levels, terms, conditions, payment options and self-insurance. e) In consultation with the City’s staff, annually evaluate the City’s risk exposures and assist the City in defining its goals and objectives for addressing these exposures. f) Provide recommendations, including the advantages and disadvantages of each, as to the most cost-effective means for addressing the City’s coverage exposures. g) Represent the City of LeClaire in all negotiations with insurers, underwriters and other parties with regard to the insurance program. h) Bind insurance coverages after City approval and provide original binders, policies and endorsements as required in the timetable specified by the City of LeClaire. i) Provide review of insurance binders and policies including verification of conformity to specifications and the City’s Insurance and Employee Benefit Program. Request any necessary endorsements, coverage changes and revisions that may be required. j) Provide insurance coverage summaries/descriptions as required by the City’s Insurance and Employee Benefit Program and as may be requested by the City of LeClaire.
