Broker of Record/Health Benefits

The Lakewood Board of Education seeks a New Jersey‑licensed insurance brokerage firm to serve as the District’s Broker of Record for employee health, dental, vision, and prescription benefits. The broker will negotiate and manage health‑insurance procurement, review existing contracts, monitor legislation, handle carrier compliance and claims, act as liaison, assist with the employee benefits portal, and provide retiree assistance as needed. The contract runs July 1 2026 – June 30 2029 (up to three years) with possible extensions, and the award will be made May 25 2026. • Required: NJ‑licensed broker with ≥10 years licensing, ≥5 NJ public‑school clients (≥3 with ≥750 employees). • Staffing: Minimum three licensed professionals plus a dedicated account manager. • Compensation: Annual flat‑fee (to be proposed) plus hourly rate for extraordinary services; no commissions permitted. • Mandatory compliance: extensive insurance certificates, numerous certifications (EE‑AA, non‑collusion, Iran/Russia disclosures, etc.). • Submission: Sealed hard‑copy proposal (2 copies + USB) due May 8 2026, 10 a.m., delivered to the Board’s Business Administrator.