Description
The Township of Parsippany‑Troy Hills is seeking a qualified Risk Management Consultant to assist the municipality with identifying insurable exposures, recommending risk‑reduction and transfer strategies, preparing and reviewing applications and budgets for the New Jersey Intergovernmental Insurance Fund (NJIIF), evaluating loss and engineering reports, supporting the Safety Committee, and aiding in claim settlements through the end of 2026. The consultant will act as a subject‑matter expert on municipal insurance programs and must comply with New Jersey statutes and procurement regulations.
• Identify and assess municipal risk exposures; develop mitigation, self‑insurance, or transfer recommendations.
• Prepare NJIIF application materials, review assessments, and help formulate the annual insurance budget.
• Review loss/engineering reports, support safety initiatives, and assist with claim settlement processes (excluding public adjuster functions).
• Provide additional coverage analysis beyond NJIIF offerings and perform any other services required by NJIIF bylaws.
• Deliver all services under a sealed‑proposal contract, with a 60‑day offer‑validity period and compliance with state procurement, nondiscrimination, and record‑retention rules.