Senior Director- Pharmacy Financial, Actuarial and Analytics Consulting

About the role

The Senior Director works within the Financial and Analytics (FAA) team and closely with the Pharmacy Consulting Practice within Health and Benefits. As a Pharmacy Senior Director, you will contribute to a wide variety of complex projects involving design, financing, and ongoing management of pharmacy benefit programs. Your client assignments will draw on your imagination and creativity as well as your ability to analyze data, draw conclusions, and present results. You will serve as a key voice in the marketplace for one of the world’s leading HR consulting firms and contribute to the evolution of pharmacy and broader healthcare delivery in North America.

The ideal candidate brings influence and strategic thinking to address unique client needs in the pharmacy space and to evolve the practice. You will collaborate with a strong team of highly experienced consultants within the pharmacy practice and engage in cross-functional activities with other health and benefits colleagues and subject matter experts to deliver unparalleled value to clients and the broader pharmacy community.

Responsibilities

• Partner with consultants and team members to review and perform financial analyses, including cost savings and data analysis projections, create, review, and update pricing and other analytical models.
• Develop client analyses and related documents for WTW clients and prospects, including presentations and review of pharmacy contracts.
• Analyze, compare, and negotiate vendor products, services, contracts, and pricing guarantees.
• Design, distribute, and evaluate responses to RFPs, renewals, and market checks.
• Serve as lead project manager; materially contribute to project plan creation and lead the team on delivery; ensure progress against established objectives, budgets, timelines, deliverables, and quality standards.
• Support the pharmacy practice on intellectual capital initiatives such as the development of new financial models or tools.
• Assist with the preparation and presentation of client deliverables.
• Manage and mentor junior colleagues on the pharmacy financial team.
• Present and explain complex pharmacy benefit financial strategies such as PBM pricing models, adjudication and reconciliation logic, financial guarantee exclusion strategies, and their impacts on financial results to internal partners and clients.
• Participate in financial strategy meetings with external partners.

Qualifications

• 10+ years’ experience and success in the design/management of large group pharmacy benefit plans gained in a consulting, brokerage, pharmacy benefit manager, or carrier environment.
• Strong financial skills; prior experience in pharmacy pricing, underwriting, or valuation work preferred.
• Bachelor’s degree required, preferably with significant quantitative coursework.
• Excellent oral and written communication skills.
• Excellent Microsoft Office skills, particularly in Excel and PowerPoint.
• Strong analytical, creative, and integrative skills.
• Well organized and detail-oriented.
• Flexibility and proven ability to identify and resolve issues.
• Strong client service orientation and ability to respond to all communications effectively and in a timely manner.
• Self-starter attitude and ability to work individually and as part of a team.
• Interest and aptitude in keeping abreast of the latest developments in pharmacy and broader health and benefits plan strategy and contributing to the development of new tools and approaches.
• State Life and Health license required within 90 days of joining.

Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Pay

The base salary compensation range for this role is $160,000.00 - $180,000.00 USD annually. This role is also eligible for an annual short-term incentive bonus.

Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identity Theft Protection, Wellbeing Program, and Work/Life Resources (including Employee Assistance Program).
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave).
• Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior-level colleagues who satisfy the plans’ eligibility requirements.

Schedule

The majority of colleagues work in a "hybrid" style, with a mix of remote, in-person, and in-office interactions dependent on the needs of the team, role, and clients. Flexibility is encouraged to support an inclusive and diverse workforce, including requests for all types of flexible working and location-based arrangements.