RISK MANAGEMENT CONSULTANT to the Town. As part of the Garden State Municipal Joint Insurance Fund (“GSMJIF”), the Town is required, pursuant to the GSMJIF’s Bylaws, to select a Risk Management Consultant (“RMC”). The RMC’s duties include the following: Review Certificates of Insurance from contractors, vendors and professionals. Review the Town’s assessment as prepared by the GSMJIF and assist the Town in the preparation of its annual insurance budget. Review the loss and engineering reports and generally assist the safety committee in its loss containment objectives. Also, attend no less than one (1) Town Safety Committee meeting per annum to promote the safety objectives and goals of the Town and GSMJIF. Assist where needed in the settlement of claims, with the understanding that the scope of the RMC’s involvement does not include the work normally done by a public adjuster. Perform any other risk management related services required by the GSMJIF’s bylaws. Other related activities as required by the Town. The RMC is paid directly from the GSMJIF in an amount equal to seven percent (7%) of the Town’s annual assessment as set by the GSMJIF.
