RFP/EUS 2026-02 BROKER OF RECORD - HEALTH & PRESCRIPTION BENEFITS

The South Brunswick Board of Education is seeking a qualified New Jersey‑licensed insurance broker to serve as the “Broker of Record” for employee health and prescription benefits. The broker will be responsible for procurement, contract review, budgeting support, regulatory monitoring, carrier and claims management, liaison duties, benefits portal assistance, and retiree support, all on a flat‑fee basis for a one‑year term with possible annual extensions. • Negotiate and recommend health and prescription coverage; evaluate carrier proposals and market competitive options. • Review existing contracts (Aetna Medical, Aetna Prescription, Delta Dental, etc.) and provide cost‑saving recommendations. • Provide ongoing budget impact analysis, regulatory updates, claims monitoring, and serve as the district’s primary point of contact with insurers. • Maintain required insurance coverage, retain records for five years, and comply with all New Jersey procurement and ethics statutes. • Deliver services via a dedicated team (minimum three licensed professionals) with a dedicated account manager, available during normal business hours and reasonable after‑hours as needed.