In order to define a roundabout you will first need to identify the alignments of the arms (the incoming roads). If they don't already exist, draw accurate centerlines of each arm extending to at least to the point where the new roundabout will join any existing road (the blend point).
Create Design panel
Intersections drop-down
Create Roundabout.
On the New Roundabout Details dialog box, select the desired options.
The roundabout is created in the drawing.