The Borough of Roseland is seeking a broker/consultant to perform a full range of services related to the design, implementation, maintenance, communication and improvement of the Borough of Roseland. This includes, but is not limited to: • Develop short and long range employee benefit goals and strategies. • Assist the Borough of Roseland in administering all group insurance plans (excluding health benefits), responding to questions from administrative staff, and providing consulting services during the course of the plan year. • Determine and recommend the most cost efficient funding methods for benefit programs. • Prepare bid specifications and solicit proposals, as needed, from insurance markets that specialize in group insurance plans. • Evaluate bids and bidders, including administration, coverage, claim payment procedures, customer service, networks, reserve establishment policies and financial solvency. • Provide the Borough of Roseland with in-depth analysis of proposed alternatives and assist with the process of selecting the most favorable annual renewal options. • Apprise the Borough of Roseland of local and national benefit trends and provide benchmark survey data to help calibrate program offerings with employee and employer costs compared to similar organizations. • Meet with and provide reports and presentations to various Borough of Roseland representatives, including the governing body if requested. • Assist the Borough of Roseland with the implementation and communication of new programs or changes to existing programs, which may include attending and presenting information at Open Enrollment meetings when requested. • Work closely with the benefits team to develop and execute the benefits communication strategy.
