Employee Benefit Brokerage Consultation Services

2026-11-03

The Town of Firestone is seeking a qualified benefits broker / consultant to provide a comprehensive range of services related to the design , implementation , administration , communication , and ongoing evaluation of its employee benefits program . The selected firm will serve as a strategic partner to the Town and will be expected to provide the following services , including but not limited to :• 1 . Plan Administration Support Assist the Town with the administration of all group insurance plans by responding to employee inquiries , preparing reports , providing total compensation statements , and offering ongoing consulting and support throughout the plan year .• 2 . Regulatory Compliance & Industry Insight Monitor and advise the Town on new and pending legislative developments , regulatory requirements , and emerging trends affecting employee benefits and employer - sponsored plans .• 3 . Claims Analysis & Optimization Analyze claims experience and claims administration to evaluate plan performance , identify cost drivers , and recommend strategies to improve plan efficiency and value .• 4 . Funding Strategy Recommendations Evaluate and recommend cost - effective and sustainable funding strategies for the Town ’ s benefits program , including analysis of alternative funding arrangements when appropriate .• 5 . Carrier Negotiations Represent the Town in negotiations with insurance carriers regarding premium rates , plan design , benefit structures , and other contractual terms to secure competitive and advantageous arrangements .• 6 . Reporting & Stakeholder Communication Provide regular reports and strategic updates to the Human Resources team on plan performance , market conditions , and program improvement recommendations .• 7 . Program Implementation & Employee Communication Assist with the implementation of new benefits programs or modifications to existing plans , including development of communication materials and participation in employee meetings and open enrollment events .• 8 . RFP Preparation & Bid Evaluation Upon request , prepare bid specifications and solicit proposals from qualified insurance carriers . Assist the Town in evaluating proposals based on criteria including administrative capabilities , claims management , customer service , provider networks , financial stability , and overall value .• 9 . COBRA Administration Support Provide guidance and support related to COBRA administration to ensure compliance with applicable regulations and proper communication with eligible participants .• 10 . Issue Resolution & Carrier Liaison Serve as a liaison between the Town and insurance carriers to assist in resolving issues related to claims , billing , eligibility , and general plan administrationSee more

Firestone

2026-04-28