Marsh McLennan

Senior Pharmacy Benefits Consultant

Marsh McLennan$151K — $302K *
Pharmaceuticals & Biotech
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor of Science degree
  • 8+ years of consulting or relevant pharmacy managed care experience
  • Superior analytical, strategic planning, communication, and listening skills
  • MBA or PharmaD is highly valued
  • Strong client-facing experience

Responsibilities

  • Act as the lead strategic pharmacy advisor for select mid-market and national accounts
  • Identify performance gaps and recommend solutions to control costs
  • Upsell Mercer pharmacy solutions to current clients
  • Negotiate competitive Pharmacy Benefit Management contracts leveraging Mercer's reputation
  • Lead regional and national marketing efforts for the PBM practice
  • Delegate tasks for team development and provide mentoring
  • Manage daily account operations for key MercerRx clients

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 Pharmacy Benefits Management (PBM) team at Marsh People & Investments (formerly known as Mercer). This role can be based in one of or Marsh People & Investments offices and offers a hybrid work arrangement, requiring a minimum of three days per week either in the office or at a client site.

Senior Pharmacy Benefits Consultant

What can you expect?

This is a tremendous opportunity to be a part of one of our fastest growing specialty practices. The Senior Pharmacy Benefits Consultant is a critical addition to the Managed Pharmacy practice at Marsh. This person will have significant external and internal interaction with clients, Mercer consultants and other resources with the goal of making Mercer the preeminent consultant regarding all issues related to pharmacy.

We will count on you to:
  • Act as the lead strategic pharmacy advisor for a group of select mid-market and national accounts, including managing overall service delivery, strategy, financial evaluations, plan design review, contract renewal, business placement and benchmarking
  • Identify current provider performance gaps and make recommendations to control spend and trend
  • Upsell Mercer pharmacy solutions
  • Leverage Mercer's size and reputation to negotiate highly competitive Pharmacy Benefit Management (PBM) contracts
  • Lead successful regional and national marketing pursuits
  • Delegate effectively to provide developmental opportunities to team members
  • Provide mentoring and coaching to project team members
  • Day-to-day account/project management for key MercerRx clients
  • Work effectively as part of a team Additionally, this role assists the broader practice in new solution development based on marketplace developments
  • Manage different internal resources to create client deliverables. this could include pricing team, clinical resources and H&B consultants
  • Handle quick deadlines and multiple projects at the same time
  • Thrive and be motivated by an environment that embraces AI and technology-enabled tools.

What you need to have:
  • Bachelor of Science degree
  • 8+ years of consulting or other relevant experience in pharmacy managed care industry
  • Superior analytical, strategic planning, communication, and listening skills


What makes you stand out:
  • MBA or PharmaD highly valued
  • Strong client-facing experience
  • Excellent organization and project management skills.
  • Ability to prioritize and simultaneously handle multiple and complex projects in a demanding work environment


The applicable base salary range for this role is $151,000 to $302,500.

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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