Employee Benefit & Insurance Services

The Village of Oak Park is seeking a qualified employee benefits consulting firm to provide an evaluation of the Village's existing employee benefits plans and recommend the most cost-effective method of providing those benefits. The selected firm will serve as the designated insurance broker of record for employee benefit programs, negotiate employee benefit plans, analyze insurance renewals, and provide other related services. The Village has approximately 309 employees and 57 retirees who are eligible for health insurance coverage. The Village's 2025 budget for the entire insurance and benefit program is approximately $9.9 million. * Key services to be provided include: * Evaluation of existing employee benefits plans * Recommendation of the most cost-effective method of providing benefits * Negotiation of employee benefit plans * Analysis of insurance renewals * Quarterly meetings with Village staff to review benefits * Preparation of annual reports * Support for open enrollment and benefits administration