Benefits Brokerage, Consulting and Actuarial Valuation Services
Overview
Fit Score
Settle Intelligence
Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.
SUMMARY
KEY REQUIREMENTS
BUDGET
EstimateCONTRACT DURATION
TIMELINE
Date of Issuance: March 13th, 2026
Deadline for Questions: March 27th, 2026, at 5:00 P.M. CST
Submission Deadline: April 9th, 2026, at 12:00 P.M. CST
Potential date for Proposer Interview: April 22nd-24th, 2026
Target Date for Recommendation to City Manager/Council: May 21st, 2026
Target Date Proposers will be Notified: May 22nd, 2026
Services anticipated to begin: July 1st, 2026
Services anticipated to continue through: June 30th, 2027
QUESTION DEADLINE
Issuing Agency
City of Marion
Organization overview and procurement intelligence available on paid plans.
DESCRIPTION
A government agency in Marion, Iowa is seeking a qualified vendor to provide comprehensive benefits brokerage, consulting, and actuarial valuation services for their self-funded employee benefit programs. The scope includes strategic consulting for self-funded medical plans, annual actuarial valuations of post-employment benefits, fee calculations, and the performance audit and RFP management for Pharmacy Benefit Managers (PBMs).
Additional responsibilities encompass compliance consulting on required federal and state notices, guidance on benefits administration systems, and support for compensation and total rewards statements. The vendor will be responsible for brokering life, long-term disability, dental, vision, and ancillary benefits, as well as serving as a strategic advisor by delivering data-driven recommendations, industry best practices, and cost-containment strategies.
Key deliverables include analyzing medical and pharmacy claims trends, making actionable recommendations to manage plan costs, developing alternative plan designs, supporting annual renewals, and providing stop-loss consulting including contract review and renewal/marketing support. The contract period is for one year.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.