Assistance with the development of long-range insurance strategies; Management of all aspects of Berkeley Heights' employee benefits insurance program; Review of both insurance policies and contracts to ensure adequate coverage; Recommendations and assistance in the procurement of all insurance coverage, including preparation of any required RFP’s and/or RFQ's; Analysis of proposals in connection with insurance procurement, including, but not limited to, establishing selection criteria, recommending marketplaces, evaluation of proposals and involvement in the selection process; Preparation of specifications for quotations every three (3) years or sooner, as required by the Township; Continuous review and analysis of loss information from current and prior insurance companies and presentation of findings to the Township; Review of contracts for insurance compliance; Acting as liaison between the Township and all insurance carriers, brokers, providers, or claimants; Monitoring, review and presentation of data to help manage claims on all current and future policies; Review and analysis of rating classifications on various insurance contracts to determine the most beneficial ones to utilize; Continuous review and analysis of insurance coverage and policies to keep up with industry changes, continuing operations and growth; Research and analysis of alternatives to current risk funding mechanisms to meet the changing needs of the Township; Notification of Township staff as to local, state and federal regulations and recommendations for compliance as required; Participation in on-going meetings with Township staff to review losses, government regulations, insurance requirements, etc.; Review of audits of current and previous policies for accuracy and potential premium savings; Performance of self-insurance feasibility studies where applicable and recommendations to Township staff; Consultation as to the probable impact of strategies elected by the Township; Provision of monitoring feedback via loss runs and associated analysis to verify the adequacy of the controls selected as well as checks for negative trends which may require corrective action; Attend regular, special and emergency meetings of the Township of Berkeley Heights, if required; Attend at all other meetings and bid related conferences that the Township of Berkeley Heights, its Council Members, its Administrator or other authorized persons deem necessary; Prepare and/or review reports and bid documents as requested by the Township of Berkeley Heights, its Council Members, its Administrator or other authorized persons; and Review of all correspondence referred by the Township of Berkeley Heights, its Council Members, its Administrator or other authorized persons and preparation of correspondence on behalf of the Township of Berkeley Heights, if requested. Interact with applicable Township personnel and other governmental agencies, as required. Provide a range of other specialized insurance broker services which may be needed by a Township government client.
