Health Insurance and Benefits Program Broker Services

Overview

Financial, Legal, HR & Staffing

Saint Petersburg, Florida, United StatesPosted 20 days agoDeadline: May 15th, 2026

Fit Score

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SUMMARY

Seeking a broker to manage health insurance and benefits programs for a government authority in Saint Petersburg, Florida, with an emphasis on financial analysis, strategic planning, and claims administration.

KEY REQUIREMENTS

Must be a qualified and experienced employee benefits broker and consultant
Must provide comprehensive strategic consulting, brokerage, financial analysis, compliance support, and employee communication services
Must maintain cyber liability insurance coverage
Must register with and use the U.S. Department of Homeland Security’s E-Verify system
Must have a minimum financial AM Best rating of 'A - Excellent: FSC VII' for insurance providers
Must provide a Certificate of Insurance (COI) with the offer
Must provide a minimum of 3 references related to relevant projects
Must provide brief resumes of key individuals
Must disclose all commissions, bonuses, incentives, overrides, or other compensation received from carriers or vendors

BUDGET

Estimate

$150,000 – $500,000

CONTRACT DURATION

60 months

TIMELINE

Pre-proposal conference: April 23rd, 2026

Proposal submission deadline: May 13th, 2026

QUESTION DEADLINE

May 6th, 2026

Issuing Agency

Pinellas Suncoast Transit Authority

Organization overview and procurement intelligence available on paid plans.

See Issuer Research

DESCRIPTION

The government authority in Saint Petersburg, Florida seeks a vendor to provide health insurance and benefits program broker services. Key responsibilities include ensuring budget predictability, supporting long-term sustainability, conducting claims trend and premium forecasting analyses, and analyzing pharmacy trends and specialty drug impacts. The broker will undertake scenario modeling for plan design and contribution changes, develop contribution strategies for cost sharing between the authority and employees, and present strategic and financial findings to executive leadership and the board of directors as requested.

Additional duties encompass ensuring financial competitiveness, supporting claims administration, providing side-by-side financial comparisons and scoring matrices, billing accuracy, and offering insight into medical and pharmacy trends. The anticipated contract period is for three years.

Source attribution

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