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Broker of Record Employee Health Benefits Services

Overview


Financial, Legal, HR & Staffing
Paramus, New Jersey, United StatesPosted about 1 month agoDeadline: April 30th, 2026

Fit Score


Settle Intelligence

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SUMMARY


Seeking a broker to manage, analyze, and recommend employee health benefits coverage for a New Jersey school district, with responsibilities including plan negotiation, compliance oversight, and program administration.

KEY REQUIREMENTS


BUDGET

Estimate

$50,000 – $150,000

CONTRACT DURATION


12 months

TIMELINE


Proposal Opening Date: April 17th, 2026

Contract Term: July 1st, 2026 to June 30th, 2027

QUESTION DEADLINE


April 7th, 2026

Issuing Agency


Paramus Board Of Education

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The selected vendor will serve as the broker of record for employee health benefits services for the government authority located in Paramus, New Jersey. Responsibilities include negotiating, analyzing, and recommending all health insurance coverage options for the school district. The broker must thoroughly review current health insurance plans and employee contracts in order to effectively compare and analyze proposals—ensuring that any changes offer equal or better coverage than existing plans.

Upon completing comparative and compliance reviews, the broker should suggest recommendations to the district that could yield cost savings while upholding the requirements of employee contracts. The broker is also tasked with monitoring carrier compliance, fostering strong relationships between the district and insurance carriers, and ensuring commitment adherence. Additionally, they will review policies for accuracy, compliance, and cost effectiveness, while handling the management of the district’s Health Benefits Program, the employee online portal, and the Employee Assistance Program.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.

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