Senior Pharmacy Benefits Management Financial Consultant

Company:

Mercer

Description:

We are seeking a talented individual to join our MercerRx Pharmacy Practice at Mercer. This role will be based in Minnesota. This is a hybrid role that has a requirement of working at least three days a week in the office.

As a Senior Pharmacy Financial Consultant, you will serve as a senior resource within AFG, focusing on reviewing policy and modeling issues related to pharmacy trends. You will lead consulting engagements with large employers regarding the financial evaluation of pharmacy benefit plans and assist in negotiations with benefits carriers and vendors.

We will count on you to:

• Manage pharmacy projects and junior staff in program reviews, financial assessments, implementations, plan design analyses, and financial projections.
• Establish effective relationships with carriers and vendors to enhance client benefits procurement and administration.
• Leverage Mercer's size and reputation to negotiate competitive rates and coverage options from carriers and vendors.
• Develop sophisticated benefits design and renewal strategies while effectively communicating industry financial trends to clients and Mercer H&B consultants.

What you need to have:

• BA/BS degree required; master’s degree highly valued.
• Experience in Pharmacy Financial Consulting is preferred.
• 7+ years of experience in financial analysis consulting.
• Superior analytical and mathematical skills, along with excellent organizational and project management abilities.

What makes you stand out:

• Actuarial expertise is a plus.
• Underwriting experience is advantageous.

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.

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 reasonableaccommodations@mmc.com.

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 $115,200 to $230,400.

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.

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