Senior Pharmacy Benefits Management Strategy Consultant

Mercer; Chicago (IL); Hybrid; USD 88,000 - 176,000; Full time

Benefits offered by this job

Health and welfare benefits

Tuition assistance

401K savings plan

Job summary

A global consulting firm in Chicago is seeking a Senior Pharmacy Benefits Management Strategy Consultant to lead complex client engagements and develop innovative benefits strategies. This hybrid role requires at least 7 years of experience in Pharmacy Benefits Management and strong analytical and leadership skills. The position offers competitive compensation and a vibrant work culture.

Qualifications

• 7+ years of relevant experience in Pharmacy Benefits Management or Health and Benefits Consulting.
• Client-facing experience within a consulting or Pharmacy Benefits Management (PBM) environment.
• Experience in developing innovative tools and solutions for client issues.

Responsibilities

• Lead complex client engagements, including managing overall service delivery.
• Assist in the development of sophisticated benefits design and renewal strategies.
• Be accountable for revenue and profitability for client accounts and projects.

Skills

Analytical skills

Communication skills

Project management

Leadership

Education

Bachelor of Science or Bachelor of Computer Science degree

Tools

Microsoft Excel

Microsoft Office

Job description

Senior Pharmacy Benefits Management Strategy Consultant

Join to apply for the Senior Pharmacy Benefits Management Strategy Consultant role at Mercer

Senior Pharmacy Benefits Management Strategy Consultant

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We are seeking a talented individual to join our Pharmacy Benefits Management (PBM) team at Mercer. This role can be based out of one our US Mercer offices. This is a hybrid role that has a requirement of working at least three days a week in the office.

Senior Pharmacy Benefits Management Strategy Consultant

In this position, you will lead complex client engagements, managing overall service delivery and strategy while developing sophisticated benefits design and renewal strategies. You will play a crucial role in addressing complex client issues and ensuring the profitability of client accounts.

We will count on you to:

• Lead complex client engagements, including managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking, and other studies.
• Assist in the development of sophisticated benefits design and renewal strategies, driving the creation of tools and solutions to address complex client issues.
• Determine the full scope of services provided to clients and set roles/responsibilities within the client team.
• Be accountable for revenue and profitability for client accounts and projects.
• Generate sales by expanding revenues from existing clients and leading prospecting efforts with new clients.
• Establish effective carrier/vendor relationships to serve clients in benefits procurement and administration, including eligibility, claims, billing, plan implementation, contracts, plan changes, and necessary amendments.
• Provide mentoring and coaching to direct reports and project team members, delegating effectively to provide developmental opportunities.
  
  

What you need to have:

• Bachelor of Science or Bachelor of Computer Science degree
• 7+ years of relevant experience, in Pharmacy Benefits Management of Health and Benefits Consulting
• Client-facing experience within a consulting or Pharmacy Benefits Management (PBM) environment
• Analytical, communication, and listening skills
• Excellent organization and project management skills
• Proficient in using Microsoft Excel and other Microsoft office products
  
  

What makes you stand out:

• Advanced degree in a related field or relevant professional certifications (e.g., CEBS, SHRM).
• Experience in developing innovative tools and solutions for client issues.
• Strong leadership skills with a track record of mentoring and developing team members.
  
  

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 for 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.
  
  

#MERHBUS

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.

Marsh McLennan 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 [e-mail].

Marsh McLennan 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 McLennan 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 $88,000 to $176,000.

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.

R_318960

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development and Sales

• Industries

  Insurance and Business Consulting and Services

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