Lockton

Senior Account Executive, Growth & Strategy - Pharmacy

Lockton$90K — $130K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in a business-related field required
  • 8 to 10 years of experience in pharmacy benefit management (PBM) or similar
  • Strong customer service and client relationship skills
  • Working knowledge of welfare benefits across multiple product lines
  • Excellent technical skills in data manipulation and reporting
  • Strong client-facing communication and collaborative abilities
  • Mathematical expertise for tracking claims and analyzing data

Responsibilities

  • Oversee a portfolio of mid-market and national pharmacy accounts
  • Manage day-to-day client issues related to pharmacy plans
  • Develop, distribute, and analyze RFPs and prepare client reports
  • Collaborate with pharmacy benefit managers (PBMs) for accurate data reporting
  • Create financial models and provide analysis for clients
  • Assist in strategic planning and consulting for clients
  • Lead implementation projects and serve as primary contact during meetings

Benefits

  • Equal opportunity for career growth and advancement
  • Commitment to inclusive culture and diversity
  • Encouragement of authentic self-expression at work
  • Emphasis on professional development through educational programs
  • Opportunities for relationship-building at client events
Full Job Description
Job Summary:

Lockton is currently seeking a Senior Account Executive to join our Pharmacy practice managing mid-market and national accounts. The ideal candidate will demonstrate a high level of professionalism; possess the ability to work well in a fast-paced environment and the flexibility to easily adapt to changing priorities.
• Oversees the servicing of a designated book of business.
• Manage day to day issues related to clients' pharmacy plans and assist team members in closing out open items.
• Develop and distribute RFP's - market and spread results; coordinating vendor responses, analysis and comparison of RFP responses and preparation of client reports with recommendations.
• Work collaboratively with PBMs to collect pharmacy data, ensuring reporting is accurate, timely, and of high quality.
• Develop financial models and reports for clients and more senior staff, provide interpretation and implication of analysis, as well as recommendations.
• Provide assistance in strategic planning and consulting advice to internal and external clients.
• Ensures client projects are completed timely.
• Interpret clients' current pharmacy programs and identify/recommend gaps, alternatives, additional plan design changes, etc.
• Manage the review and accuracy of all vendor agreements and/or documents and/or plan/policy documents related to best in class terms/provisions.
• Develop an implementation or project plan with client and serve as primary lead on PBM implementation calls and meetings.
• Attend evening and lunch events with clients to build and strengthen on-going relationships.
• Attendance at internal meetings/educational programs.

#LI-JM1

Requirements:
• Bachelor's Degree in a business-related field is required
• Minimum 8 to 10 years' experience in the industry, specifically experience in PBMs or like.
• Strong customer service skills with the ability to develop strong client relationships with multiple clients
• A firm working knowledge of welfare benefits in multiple product lines (i.e. medical, dental, life, AD&D, disability) and a basic understanding of risk and insurance.
• Excellent computer skills; must have the ability to manipulate large spreadsheets, census data, disruption, geo-access, benchmarking data, etc.
• Must have mathematical/technical expertise in managing and reporting monthly claim tracking results and observations.
• Strong client-facing communication skills with the ability to collaborate alongside consultants to review action items, address vendor-related issues, interpret root cause analyses, and clearly articulate next-step solutions.
• Strong working knowledge of differing financial arrangements and products available to clients including self-funded.
• Excellent organizational and communication skills
• Proven critical thinking and problem-solving skills
• Must be available for travel
• Legal right to work in the United States

#LI-DG2

#LI-MM4

About Lockton

Lockton Companies is the world's largest privately held insurance brokerage firm, providing insurance, risk management, employee benefits and retirement services. The company was founded in 1966 and is headquartered in Kansas City, Missouri. Lockton has more than 7,500 associates in over 100 offices worldwide. The company serves clients in a variety of industries, including construction, healthcare, hospitality, manufacturing, real estate, and technology. Lockton is known for its innovative solutions and exceptional customer service.
Learn more about Lockton
Size
7,500 employees
Industry
Founded
1966

Similar Jobs

More Jobs at Lockton

More Healthcare Jobs

Find similar Senior Account Executive, Growth & Strategy - Pharmacy jobs: