Senior Benefits Consultant – Pharmacy

Bank of America

Senior Benefits Consultant managing pharmacy benefits programs at Bank of America. Involves strategic initiatives, data analysis, and collaboration across teams for employee wellness support.

Posted 4/18/2026full-timeNew York City • Illinois, Massachusetts, New Jersey, New York • 🇺🇸 United StatesSenior💰 $110,000 - $145,000 per yearWebsite

About the role

Key responsibilities & impact

Design, delivery, financial management, and administration of health, welfare, work/life, pharmacy and retirement programs.
Independently managing and evaluating program cost, effectiveness, and usage, and recommending improvements.
Applying expert judgment, leading strategic initiatives, and influencing benefit outcomes across the organization.
Executing the Pharmacy Benefits Strategy and driving all aspects of the design of benefit programs supporting the health and wellness of employees and their family members.
Analyzing data, market trends, and business needs to evaluate cost effectiveness and implementation of existing programs to design recommended improvements.

Requirements

What you’ll need

Minimum 7-10 years of Health Care Benefits and related Pharmacy experience either through Consulting, Brokerage, Insurance companies or employer.
Ideally 3+ years of delivery experience of pharmacy benefits for a large organization.
Experience with pharmacy market checks, annual audits, and program optimization.
Depth and knowledge of pharmacy benefit industry, market shifts and complex dynamics.
Strong vendor relationship experience.
Strong data analysis skills, used to help with industry benchmarking and build/develop business cases.
Excellent oral & written communication skills; ability to articulate complex concepts to a non-specialist audience.
Highly organized with ability to drive many competing priorities and multiple tasks concurrently.
Strong task management skills, including the ability to prioritize work and meet deadlines.
A team player with a proactive and focused on continuous improvement mentality.
Self-starter and highly proficient with Microsoft Office products especially skilled in PowerPoint and Excel.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

data analysisprogram optimizationcost effectiveness evaluationpharmacy benefits strategyprogram deliveryhealth care benefits managementvendor relationship managementbusiness case developmentmarket trend analysisannual audits

Soft Skills

excellent oral communicationexcellent written communicationorganizational skillstask managementprioritizationteam playerproactive mentalityfocus on continuous improvementability to articulate complex conceptsability to manage competing priorities