The Vendor is required to provide executive director consulting services for include:
• Appoint an individual to serve as “administrator” whom shall act as the executive director/program manager and carry out the policies established by the commissioners or executive committee, and to otherwise administer and provide for the day-to-day management of the fund.
• Prepare, for approval of the executive committee, and implement the fund's operations manual and the policy and procedures manual.
• Prepare the fund's budget, compile and bill the monthly assessments.
• Maintain the fund's underwriting files, including census data, prepare new member submissions for review by the executive committee, and supply underwriting data to other fund professionals as needed.
• Maintain the fund's general ledger, accounts payable, and accounts receivable functions.
• Prepare all filings required by state regulators.
• Perform such other duties specified by the executive committee in its manual of operations, or duly adopted resolutions, pertaining to the executive director/program manager.
• Assume overall executive responsibility for the operations of the fund except that the administrator shall not be responsible for the errors and omissions of any other servicing organization except as to generally monitor the compliance of said organization with the directives of the executive committee, their service provider contract, or the applicable statutes and regulations as to the form and timeliness of said undertakings.
• Fund in compliance with all applicable laws, rules, regulations and policies governing the administration of the fund.
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