Risk management consultant

The City of Cape May, located in Cape May County, New Jersey, is seeking a Risk Management Consultant through the Atlantic County Municipal Joint Insurance Fund (ACM JIF) for the 2025 calendar year. The procurement is a professional services contract with a focus on comprehensive risk management support for the municipality. The selected consultant must be a New Jersey licensed Property and Casualty insurance producer with demonstrated experience in public insurance risk management. Key responsibilities include identifying insurable exposures, recommending risk mitigation strategies, assisting with insurance coverage selection, reviewing loss reports, supporting safety committee activities, scheduling employee training, and attending municipal and fund-related meetings. The proposal is not price-competitive but instead emphasizes qualifications and expertise. The public opening of submissions is scheduled for September 25, 2025, at 10:00 am, with contract award anticipated on or about January 1, 2025. The contract has potential for two one-year extensions, indicating a possible three-year engagement. Evaluation will likely focus on the consultant's familiarity with ACM JIF programs, understanding of local municipal operations, and ability to provide comprehensive risk management support.

The RFP does not specify specific set-aside designations or restrictions for disadvantaged enterprises. While no incumbent vendor is explicitly mentioned, the document suggests the compensation will be comparable to the previous year's arrangement. No specific budget range or award value is disclosed in the available documentation. The consultant must have in-depth knowledge of the city's operational context and the specific risk management services provided through municipal insurance funds. The procurement appears to be open to qualified insurance professionals and consulting firms with specialized experience in public sector risk management. Integration requirements seem minimal, focusing more on the consultant's ability to understand and navigate the existing municipal insurance and risk management infrastructure. The primary selection criteria appear to center on professional credentials, relevant experience, and demonstrated capabilities in municipal risk management consulting.