Health Insurance and Benefits Broker

2026-11-03

The City is seeking to name a broker of record for the City ’ s employee benefits programs . The City is committed to being an employer of choice , which includes offering a robust benefits package while containing costs for our taxpayers . The broker selected will be expected to perform a range of benefit program and selection services , including research , implementation , maintenance , communication , and support . The City expects the broker to perform full - service brokerage functions , including but not limited to : 1 . Service and Performance . Provide guidance and assistance to city staff with future benefits decisions and represent the City in negotiations with insurance carriers on cost , benefit levels , plan design , administrative fees , special terms and conditions , program alternatives , and plan changes . 2 . Benefit Plan / Provider Management . Manage the selection of new insurance providers or renewal agreements in close coordination with city leadership . 3 . Plan Performance Analysis and Reporting . Provide medical plan performance review and analysis as follows : a . Analyze the prior year ' s data relative to claims , plan enrollment , large claim review , and other essential information . b . Determine future strategies to control costs and maintain plan effectiveness and market competitiveness . c . Assist with the medication formulary and negotiate with the City ’ s pharmacy vendor . d . Analyze existing benefits package and develop a cost - saving strategy or plan that offers similar options of coverage . e . Analyze plan utilization through data , including statistical and financial reports , and provide recommendations for improvement or efficiencies . f . Review municipalities in Dane County and within our WERC comparable communities to ensure the City ’ s benefits remain competitive . g . Identify and inform the City of emerging trends in employee benefits and provide appropriate recommendations . h . Prepare , provide , and present reports as requested , including quarterly cost analysis , forecasting , and trend and experience reports . i . Provide monthly , quarterly , and annual claim reports for review . j . Maintain full and accurate records and provide a copy of all project documents , including spreadsheets , assumptions , and calculations , to Human Resources

Wisconsin

2026-05-06