2023 Risk Manager RFP

The Borough of Atlantic Highlands is seeking a qualified risk‑manager consultant (or firm) to provide comprehensive risk‑management consulting services for its municipal insurance program during the 2023 calendar year. The consultant will identify exposures, assist with Monmouth County Joint Insurance Fund (JIF) coverage selection, prepare applications and budgets, review loss reports, support claim settlements, and attend required meetings, delivering monthly and quarterly reporting as needed. Compensation is based on a fee equal to 6 % of the JIF assessment for 2023, with standard insurance and licensing requirements. • Scope includes exposure identification, JIF coverage assistance, supplemental coverage review, application preparation, budget support, loss‑report analysis, claims assistance, and meeting participation. • Deliverables: reports, applications, budget assistance, meeting minutes, loss‑run data; all work becomes borough property. • Eligibility: Must be a NJ‑licensed property/casualty insurance producer, pre‑qualified by the JIF, hold required insurance, submit certifications, and provide resumes/references. • Timeline: RFP issued Dec 1 2022, proposals due Dec 14 2022 (11 a.m.), bid opening same day, award within 60 days, contract runs Jan 1 2023 – Dec 31 2023.