The successful applicant shall have a minimum of ten (10) years’ experience in risk management and insurance consulting and be an owner of or employed by a New Jersey licensed general insurance brokerage. The applicant shall demonstrate at least seven (7) years’ specific experience in dealing with risk and insurance issues of local government entities. Preference will be given to those applicants experienced in working with Municipal Joint Insurance Funds. The proposal shall provide a resume for all principals who will be assigned to work for the township or appear at meetings on behalf of the township. The applicant shall have the following capabilities and provide the following services: • Availability during normal business hours for access by the township administration and governing body. • Respond promptly to all insurance coverage questions. • Review the Township’s employee, safety and security manuals. Assess risks and exposures and make recommendations for amendments to such manuals and other steps that may be taken by the township to limit or eliminate risk and liability to the township. • Review the township’s property and operations and assist in developing appropriate insurance requirements and/or specifications. Work to assure that the township is adequately protected against foreseeable risks and liability. • Review the township’s loss history for at least the five (5) previous years and chart the types and numbers of claims, amounts reserved and paid, obtain status of pending claims and develop a plan of action for resolving open claims. Use such information to recommend steps to limit or eliminate risk of loss to the township. • Assure that all certificates of insurance, safety notices and other required certificates and postings are provided and advise the township regarding posting of the same. • Assist the township in devising, implementing and complying with the requirements of any Joint Insurance Fund (JIF) of which the township is a member. This may include but not be limited to an Employment Practices Risk Control Program, Indoor Air Quality Program, Public Facilities Safety Program, Protective Equipment Program and the like. • Report not less than annually to the governing body on the status of risk management efforts, township safety program, insurance coverage issues, market conditions and anticipated changes in pricing of insurance products. • Attend at least 75% of the township’s Safety Committee meetings, discuss and provide education on safety topics, and listen to departmental issues. • Accompany the insurance provider’s loss control representatives on safety or loss control visits to the township. • Attend all meetings as requested including JIF Executive Committee and Safety Committee meetings. • Attend additional meetings with the township governing body and administration as reasonably requested. • Regularly obtain information from township administration regarding (a) new contracts or leases, (b) changes in buildings or facilities, (c) changes in owned motor vehicles, (d) acquisition or disposal of property, (e) changes in payroll, (f) establishment of new services or programs, (g) knowledge of occurrences or incidents that might result in claim, and (h) any other information that could affect risk assessment or loss frequency. • With respect to reported claims the risk manager shall (a) review and assure that all pertinent information is included in the claim, (b) review all policies and coverage with respect to claims and report to all carriers which could possibly afford coverage for the claim, (c) monitor all claims to assure that an adjuster has been assigned and reported to the township within 72 hours of the report, (d) monitor insurance carriers and/or third party administrators with regarding to subrogation and recovery efforts, and (e) provide the township with an emergency claims reporting contact list. In addition to the foregoing, the risk manager shall assist the Township Committee in assessing its overall insurance, risk and liability options and make recommendations to the Committee regarding renewal of its current JIF agreement, the potential for contracting with another JIF, seeking proposals for insurance services, or other options and solutions that may be available to the township.
