Pharmacy Benefits Account Manager

Posted 9 Days Ago
Be an Early Applicant
23 Locations
In-Office
Mid level
Insurance
The Role
The Pharmacy Benefits Account Manager supports the HUB Pharmacy practice by managing data analysis, RFP processes, and client deliverables while engaging with pharmacy consultants and clients.
Summary Generated by Built In

ABOUT HUB INTERNATIONAL:

HUB International Limited (“HUB”) is one of the global insurance and employee benefits broker, providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products, and services. With over 20,,000 employees in 600+ offices throughout North America, HUB has grown substantially, in part due to our industry-leading success in Mergers and Acquisitions.

WHAT WE OFFER YOU:

At HUB we believe in investing in the future of our employees.  Our entrepreneurial culture fosters an environment of open feedback and improvement that empowers our people to make the best decisions for our customers and organization.  We offer:

  • Competitive salaries and benefits offerings
    • Medical/dental/vision insurance and voluntary insurance options
    • Health Savings Account funding
    • 401k matching program
    • Company paid Life and Short-Term Disability Plans
    • Supplemental Life and Long-Term Disability Options
    • Comprehensive Wellness Program
    • Generous PTO Package - Vacation, Holiday, Sick, and Personal Time Off
  • Great work/life balance because that’s important for all of us!
  • Focus on creating a meaningful environment through employee engagement events
  • The ability to be a part of a motivated, winning team with the opportunity to learn from colleagues who are amongst the top talent in the industry!
  • Growth potential - HUB is constantly growing and so can your career!
  • A rewarding career that helps local businesses in the community
  • Strong community support and involvement through HUB Gives

SUMMARY:

The Pharmacy Benefits Account Manager (PBAM) is a new role in a rapidly growing team.  PBAM role will support the HUB Pharmacy practice in the delivery of PBM strategy and data driven analysis.  The PBAM will work directly with Pharmacy Consultants to support the Request for Proposal (RFP) process, create ad-hoc reports as well as prepare drafts of client-facing deliverables.  The ideal candidate will have a well-rounded understanding of pharmacy benefits, enjoy working in a face paced environment, and demonstrate strong problem-solving skills.

ROLE RESPONSIBILITIES:

  • Pharmacy data collection, validation, and preparation for analysis and deliverables.
  • Use of multiple tools and access points to obtain the data, with consideration in locating inconsistencies in the data and information.
  • Must proactively manage projects, workload, initiatives, and assignments as determined by the HUB Pharmacy Practice team.
  • Work within the HUB Pharmacy Practice team to manage, track, and update core business activities for tracking & business advancement purposes.
  • Support lead pharmacy consultants on client engagements and meetings.
  • Contributes directly to support of the design, implementation, and maintenance of standardized pharmacy team operations workflows & pharmacy analytics strategies.
  • Establish productive and professional relationships with all members of the HUB Pharmacy Practice.
  • Candidate can be a work from home or hybrid employee.

CANDIDATE REQUIREMENTS:

  • 4-years+ minimum work experience in Pharmacy Benefit Management (PBM) operations, account management, or underwriting, pharmacy consulting analytics, or general pharmacy benefits analytics.
  • Bachelor's degree from four-year college or university or equivalent combination of education and experience. 
  • Intermediate knowledge of PBM Industry, stakeholders, intermediaries, and buyers.
  • Experience evaluating and explaining various PBM models, pricing types and products.
  • Strong understanding of PBM contracting life cycle.
  • Experience managing and updating CRM tools (i.e., Salesforce, Monday.com).
  • Refined verbal and written communication skills.
  • Accomplished project manager who can juggle multiple priorities and adjust to dynamic environment.
  • Detailed oriented and accurate in producing work deliverables, and capable of performing reasonability reviews of pharmacy reports, and general analytics content.
  • Established history of working independently in remote or office environment.
  • Must approach all tasks with a sense of urgency to meet deadlines assigned in a cross-functional environment.
  • Must possess advanced skills in the current Microsoft Office suite of applications, specifically – MS Outlook, MS Excel, MS PowerPoint, & MS Word
    • Outlook – ability to manage email volume and keep calendar up to date
    • Excel – the ability to learn basic & advanced data lookup & arithmetic calculative functions (V_lookups, SUMIFS, &etc.)
    • PowerPoint – the ability to assemble content in standardized PowerPoint templates.
    • Word – the ability to review, tracked, edit changes, and make document comparisons.
  • Power Business Intelligence (BI) experience preferred
  • Must have the ability and desire to be part of a collaborative team & business environment, managing multiple priorities day-to-day.

Department Account Management & Service

Required Experience: 2-5 years of relevant experience

Required Travel: Negligible

Required Education: High school or equivalent

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the recruiting team [email protected]. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

Skills Required

  • 4-years minimum work experience in Pharmacy Benefit Management operations
  • Bachelor's degree from an accredited college or university
  • Intermediate knowledge of PBM industry and stakeholders
  • Experience managing and updating CRM tools
  • Strong understanding of PBM contracting life cycle
  • Advanced skills in Microsoft Office applications
  • Power BI experience preferred

HUB International Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about HUB International and has not been reviewed or approved by HUB International.

  • Flexible Benefits Flexible spending accounts and pre-tax commuter programs are available, alongside a broad menu of voluntary options such as legal plans, accident coverage, and group auto/home insurance.
  • Healthcare Strength Health, dental, and vision coverage are offered with multiple medical plan options, complemented by life and disability coverage and a dedicated wellbeing program with activities and tools.
  • Retirement Support A retirement savings plan is provided with a discretionary company match and access to financial planning assistance tools.

HUB International Insights

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The Company
HQ: Chicago, IL
10,055 Employees
Year Founded: 1998

What We Do

Hi, we’re HUB. We advise businesses and individuals on how to reach their goals. When you partner with us, you’re at the center of a vast network of risk, insurance, employee benefits, retirement and wealth management specialists that bring clarity to a changing world with tailored solutions and unrelenting advocacy. So you’re ready for tomorrow. About Hub International Headquartered in Chicago, Illinois, Hub International Limited (Hub) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

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