Marsh McLennan

Pharmacy Audit Lead Consultant

Marsh McLennan$102K — $204K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in pharmacy, healthcare, business, finance, analytics, or related field.
  • Minimum of 8 years of experience in pharmacy claims auditing or related fields.
  • Excellent knowledge of pharmacy benefits and claims adjudication processes.
  • Strong knowledge of PBM contract terms, pricing methodologies, and rebate structures.
  • Client-facing experience in a consulting environment, with effective collaboration skills.

Responsibilities

  • Lead end-to-end pharmacy claims and rebate audits for high-visibility clients.
  • Translate PBM contracts and pricing guarantees into audit scope and defensible sample selection.
  • Oversee claim and rebate review activity, ensuring consistent methodology.
  • Quantify financial impact and resolve audit issues effectively.
  • Serve as primary client contact, presenting findings with clarity and confidence.
  • Partner with internal consultants as the pharmacy audit subject-matter expert.
  • Identify opportunities for service expansion and innovation in audit practices.
  • Mentor team members and ensure quality in audit work.

Benefits

  • Health and welfare benefits.
  • Tuition assistance.
  • 401K savings and retirement programs.
  • Employee assistance programs.
Full Job Description
Company:
Mercer

Description:

We are seeking a talented individual to join our Health & Benefits team at Mercer. This role can be based near any of our US offices. This is a hybrid role that has a requirement of working at least three days a week in the office.

As a Pharmacy Audit Lead Consultant, you will lead complex pharmacy claims and pharmacy rebate audits from planning through final report, applying deep expertise in pharmacy benefits, PBM contracts, and rebate economics. You will act as the primary consultant and pharmacy audit subject-matter expert for our clients, partnering closely with internal consultants to deliver clear, defensible findings while driving growth and innovation across the practice.

We will count on you to:
  • Lead end-to-end pharmacy claims and rebate audits for complex, high-visibility clients, applying deep working knowledge of pharmacy claims data and every claim field and component (e.g., NDC, days' supply, quantity, ingredient cost, dispensing fee, copay/coinsurance, DAW code, prior authorization, and plan/formulary edits) to manually and analytically identify claims that were mispriced, misadjudicated, or paid outside of contract or plan terms.
  • Translate PBM contracts, pricing guarantees, formulary terms, and rebate agreements into audit scope and defensible sample selection using analytics/SaaS tools.
  • Oversee claim and rebate review activity, ensuring consistent methodology, sound judgment, and clear documentation across the team.
  • Quantify financial impact, evaluate vendor responses, and drive issues to final resolution.
  • Serve as primary client contact, presenting methodology, findings, and recommendations with clarity and confidence.
  • Partner with internal consultants as the pharmacy audit subject-matter expert.
  • Identify opportunities to expand services and support new business development, while driving innovation in audit methodology, tools, and practice capabilities.
  • Mentor team members and serve as a key quality checkpoint for audit work.
  • Thrive and be motivated by an environment that embraces AI and technology-enabled tools.


What you need to have:
  • Bachelor's degree in pharmacy, healthcare, business, finance, analytics, or related field.
  • Minimum of 8 years of experience in pharmacy claims auditing, PBM operations, pharmacy benefit consulting, or health plan administration.
  • Excellent knowledge of pharmacy benefits, claims adjudication, formulary administration, and specialty pharmacy, including strong command of pharmacy claim fields and data elements and what they indicate about how a claim was processed and paid.
  • Strong knowledge of PBM contract terms, pricing methodologies, and pharmacy rebate structures (guarantees, pass-through, reporting).
  • Client-facing experience in a consulting environment, with the ability to partner effectively with internal consultants.


What makes you stand out:
  • Demonstrated experience leading complex, analytics-driven pharmacy audits.
  • A growth- and innovation-oriented mindset, with a track record of improving processes, tools, or methodology and/or supporting business development.
  • Strong leadership presence, with the ability to mentor and elevate others while staying hands-on in audit execution.
  • Advanced degree, PharmD, RPh, MBA, CPA, or other relevant credential.
  • Experience with specialty pharmacy, Medicare Part D, or broader PBM financial performance audits.
  • Prior experience formally managing or supervising staff.


The applicable base salary range for this role is $102,500 to $204,500.

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.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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