Comprehensive Benefits Brokerage, Consulting and Actuarial Valuation Services

Overview

Financial, Legal, HR & Staffing

Marion, Iowa, United StatesPosted about 1 month agoDeadline: April 9th, 2026

Fit Score

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SUMMARY

Seeking an experienced firm for benefits brokerage, consulting, actuarial valuation, and related services for government employees in Marion, Iowa.

KEY REQUIREMENTS

BUDGET

Estimate

$100,000 – $250,000

CONTRACT DURATION

12 months

TIMELINE

Date of Issuance: March 13th, 2026

Deadline for Questions: March 27th, 2026 - 5:00 p.m. CST

Submission Deadline: April 9th, 2026 - 12:00 p.m. CST

Potential date for Proposer Interview, if needed: 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 are anticipated to begin: July 1st, 2026

Contract continues through: June 30th, 2027

QUESTION DEADLINE

March 27th, 2026

Issuing Agency

City of Marion

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The government authority located in Marion, Iowa is seeking a vendor to provide comprehensive benefits brokerage, consulting, and actuarial valuation services. The scope of work includes strategic consulting for self-funded medical plans, annual actuarial valuation services, and yearly pharmacy benefit manager performance audits.

Additional responsibilities encompass compliance consulting and the preparation of required federal and state notices. The vendor will also support the integration of benefits communication platforms and consult on benefits administration systems such as Employee Navigator or similar solutions. Further services include support for compensation and total rewards statements, brokerage for life, long-term disability, dental, vision, and ancillary benefits.

The selected partner will serve as a proactive strategic advisor, delivering data-driven recommendations, emerging best practices, and cost-containment strategies independently of city direction.

Source attribution

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