Senior Pharmacy Benefits Consultant

Posted Yesterday
Be an Early Applicant
5 Locations
In-Office
151K-303K Annually
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
Leads pharmacy benefits consulting for mid-market and national accounts, including PBM strategy, service delivery, financial evaluations, plan design, contract renewals, benchmarking, provider performance improvements, and spend management. Develops client solutions, negotiates PBM contracts, supports marketing pursuits, manages internal resources and multiple projects, and mentors team members. Requires substantial client-facing consulting experience in pharmacy managed care and strong analytical, strategic planning, communication, and project management skills.
Summary Generated by Built In
Company:Mercer

Description:

We are seeking a talented individual to join our Pharmacy Benefits Management (PBM) team at Marsh People & Investments (formerly known as Mercer). This role can be based in one of or Marsh People & Investments offices and offers a hybrid work arrangement, requiring a minimum of three days per week either in the office or at a client site.

Senior Pharmacy Benefits Consultant

What can you expect?

This is a tremendous opportunity to be a part of one of our fastest growing specialty practices. The Senior Pharmacy Benefits Consultant is a critical addition to the Managed Pharmacy practice at Marsh. This person will have significant external and internal interaction with clients, Mercer consultants and other resources with the goal of making Mercer the preeminent consultant regarding all issues related to pharmacy.

We will count on you to:

  • Act as the lead strategic pharmacy advisor for a group of select mid-market and national accounts, including managing overall service delivery, strategy, financial evaluations, plan design review, contract renewal, business placement and benchmarking
  • Identify current provider performance gaps and make recommendations to control spend and trend
  • Upsell Mercer pharmacy solutions
  • Leverage Mercer’s size and reputation to negotiate highly competitive Pharmacy Benefit Management (PBM) contracts
  • Lead successful regional and national marketing pursuits
  • Delegate effectively to provide developmental opportunities to team members
  • Provide mentoring and coaching to  project team members
  • Day-to-day account/project management for key MercerRx clients
  • Work effectively as part of a team  Additionally, this role assists the broader practice in new solution development based on marketplace developments
  • Manage different internal resources to create client deliverables. this could include pricing team, clinical resources and H&B consultants
  • Handle quick deadlines and multiple projects at the same time
  • Thrive and be motivated by an environment that embraces AI and technology-enabled tools.

What you need to have:

  • Bachelor of Science degree
  • 8+ years of consulting or other relevant experience in pharmacy managed care industry
  • Superior analytical, strategic planning, communication, and listening skills

What makes you stand out:

  • MBA or PharmaD highly valued
  • Strong client-facing experience  
  • Excellent organization and project management skills. 
  • Ability to prioritize and simultaneously handle multiple and complex projects in a demanding work environment

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients, and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

The applicable base salary range for this role is $151,000 to $302,500.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Skills Required

  • Bachelor of Science degree
  • 8+ years of consulting or other relevant experience in the pharmacy managed care industry
  • Superior analytical, strategic planning, communication, and listening skills
  • MBA or PharmD
  • Strong client-facing experience
  • Excellent organization and project management skills
  • Ability to prioritize and manage multiple complex projects in a demanding work environment

Marsh McLennan Compensation & Benefits Highlights

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

  • Leave & Time Off Breadth Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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