Employee Benefits Pharmacy Consultant

General Description

This is a client-facing employee benefits position that independently analyzes prescription drug information. The role involves delivering financial solutions for clients with self-funded medical plans, assisting USI Health and Welfare consultants in providing solutions that lower the cost of pharmacy benefits, aligning Pharmacy Benefit Management (PBM) contracts with clients’ strategic goals, and more.

Responsibilities

• Participate in prospecting activities with sales consultants.
• Articulate the USI pharmacy value proposition and solutions within the sales process.
• Includes participation in discovery meetings, capabilities presentations, and conceptual/finalist meetings.
• Act as a resource for sales executives.
• Develop strategic plans and solutions for prospects and clients.
• Work closely with internal account management team.
• Ensure strategic objectives of prospects and clients are clearly articulated.
• Ensure all prospect deliverables provide proactive solutions in line with strategic objectives.
• Lead client PBM RFP process.
• Market services to carriers.
• Aid in educating team members and clients about prescription drug benefits.
• Conduct contract reviews and make observations and recommendations for improvement.
• Act as subject matter expert on pharmacy solutions within USI proprietary database.
• Conduct formulary and specialty drug review for select clients.
• Provide recommendations and solutions to meet client’s needs.
• Aid in negotiations with Carriers and Pharmacy Benefit Manager's for preferred deals.
• Monitor new drug approvals and keep the USI team educated.
• Oversee patient assistance programs for specialty medications and recommend partners and approaches.
• Provide guidance and support to newly hired pharmacy team members as needed.
• Keep current with industry information, new products, legislation, coverage, and technology.
• Support clients throughout USI's Central Region through a hybrid work model, with travel as needed for client meetings, presentations, and strategic planning sessions.

Requirements

• 5 years + of relevant experience in pharmacy consulting or PBM or brokerage experience with a focus on pharmacy consulting or clinical or specialized pharmacist or related field.
• Detail oriented.
• Ability to work in a fast-paced, team environment with minimal instruction.
• Ability to manage and negotiate multiple priorities and deadlines.
• Ability to translate complex information into actionable recommendations for clients.
• Strong written, oral, and interpersonal communication skills.
• Strong working knowledge of Adobe and Microsoft Office suite, including Excel, Word and PowerPoint.
• Advanced problem solving and critical thinking skills.

Qualifications

• Knowledge of industry trends and regulations.
• Experience with data analysis and interpretation.
• Strong analytical and problem-solving skills.
• Excellent organizational and time management skills.
• Ability to work independently and as part of a team.

Benefits

The role offers a comprehensive benefits package including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance, and other unique employer-sponsored and voluntary programs. This is a bonus-eligible position with a target incentive of 10%. Salary range: $150,000-195,000.00.

Pay

$150,000 - $195,000.00

Schedule

Hybrid work model with occasional travel required for client meetings, presentations, and strategic planning sessions.