EXTRA-6820 - Canada (British Columbia) - Benefits Consulting Services - Deadline December 5,2019

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: EXTRA-6820

Government authority located in British Columbia; Canada based organization looking for expert vendor for benefits consulting services.

[A] Budget: Looking for Proposal

[B] Scope of Service:

Vendor needs to provide benefits consulting services including Extended health; Dental; Life insurance; AD&D insurance; Critical illness; Sick leave and LTD; Flexible benefits; SERP; and Other new and emerging benefits being introduced to the marketplace. to the government authority located in British Columbia.
a) Plan enhancements and/or negotiated plan alternatives and analyze the impact of any potential modification in coverage;
b) Projections of potential impact of emerging experience on the budgeted premium rates;
c) Recommendations on the impact of legislated changes;
d) Be available, as needed, to answer questions and resolve issues that arise regarding benefits, contract administration, and service provisions;
e) Review proposed changes to benefit-related agreements and documents (e.g., contracts, Administrative Services Only (ASO) agreements, Employee and Family Assistance Program (EFAP), benefit plan documents, financial letters of understanding, stop-loss agreements);
f) Support for marketing/tendering processes (including preparation of scope of work, financial analysis of proposals, preparation of report comparing proposals);
g) Advice on best practice plan design and policy wording, as well as pension calculations for participants of SERP;
h) Compare benefit plans and SERP against comparator organizations; and
i) Such other benefits consulting advice as may be required by WorkSafeBC from time to time.
- Desirable Requirement: The Respondent should have expertise in other areas of Human Resources (e.g., compensation, talent management, etc.) in order to view and represent the benefit plan as a part of a total rewards strategy, and offer complementary value-added services such as newsletters, educational sessions, etc. to help clients keep up with industry trends, and legislative changes.

[C] Eligibility:

- Onshore (Canada Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Thursday, 5 December, 2019

Category : Professional, Consulting, Administrative or Management Support Services

Country : Canada

State : British Columbia

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