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Employee Health & Benefits Strategic Pharmacy Consultant
Marsh McLennanEmployee Health & Benefits Strategic Pharmacy Consultant at Marsh McLennan Agency managing pharmacy benefit programs. Leading analytics, vendor negotiations, and client consulting for diverse health solutions.
About the role
Key responsibilities & impact- Function as a primary pharmacy benefits consultant and strategic partner for MMA SE field offices and a book of clients, managing pharmacy benefit programs end-to-end
- Lead client pharmacy market bids, RFPs, and Pharmacy Benefits Manager (PBM) vendor procurement and negotiations
- Conduct pharmacy analytics with the SE Pharmacy Practice analytic partners of PBM financial and operational performance to identify cost-saving opportunities
- Present results, recommendations, and overall pharmacy benefit consulting to clients, prospects, and internal teams during several types of meetings
- Collaborate closely with internal and external clinical pharmacists, actuarial, financial, analytics, health management, and wellbeing teams to develop multi-year integrated pharmacy and clinical strategies
- Co-lead regular training sessions for MMA SE colleagues on clinical and pharmacy topics to enhance knowledge and support
- Build and maintain strong relationships with MMA SE offices, producers, client teams, and strategic partners
- Drive growth by serving as the pharmacy benefits expert in new client pursuits, crafting tailored messaging and solutions with the Regional Director of Pharmacy to expand pharmacy benefits revenue
- Contribute pharmacy insights to broader health and benefits strategy and growth initiatives
- Develop new pharmacy approaches and engage with new solution vendors to explore strategic partnerships and solution opportunities
- Demonstrate leadership by mentoring other consultants within the pharmacy practice
- Support strategic partnerships through their launch, maintenance, and enhancement
- Assist in managing the day-to-day operations of the pharmacy practice, including coordinating workflow, supporting process improvements, and ensuring alignment with organizational goals
- Collaborate with pharmacy practice leadership to implement operational policies and procedures that enhance efficiency and service quality
- Support resource planning and allocation to meet client demands and project timelines effectively
Requirements
What you’ll need- Bachelor’s Degree or equivalent career experience
- Minimum of 8 years of direct experience in pharmacy, PBMs, or related industries, including at least 5 years in a sales operations or account management role with proven success
- Deep knowledge of PBM contracts, clinical pharmacy, or experience in analysis and negotiations related to pharmacy manufacturers and products
- Experience leading teams, managing projects, and developing strategic partnerships
- Consultative presence with polished written and oral communication skills, capable of simplifying complex ideas
- Strategic thinker who challenges the status quo by asking tough questions and innovating solutions
- Strong influence and collaboration skills, able to work effectively with management and cross-functional teams at all levels
- Commitment to staying current with developments in pharmacy and broader health and benefits plan strategies, contributing to new tools and approaches
- Proficient in Microsoft Office, especially Excel and PowerPoint
- Willingness to travel as needed, this role’s travel expectation is no more than 25%
- State Life and Health license required within 90 days of hire
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
pharmacy benefits managementpharmacy analyticsvendor procurementcontract negotiationproject managementstrategic partnership developmentclinical pharmacy knowledgecost-saving analysissales operationsaccount management
Soft Skills
leadershipconsultative presencewritten communicationoral communicationstrategic thinkinginfluence skillscollaboration skillsrelationship buildingmentoringproblem-solving
Certifications
Bachelor’s DegreeState Life and Health license