Vice President, Health & Welfare Consulting

Fidelity Investments

$130K — $264K *
Healthcare
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years in pharmacy program management within health and welfare plans, preferably in consulting or brokerage
  • Proven ability to sell and deliver H&W consulting services
  • Resourceful problem-solver engaged in client issues
  • Exceptional client relationship management and communication skills
  • Ability to clearly convey complex financial outcomes to clients
  • In-depth knowledge of pharmacy industry regulations, financial aspects, and PBM landscape
  • Strong dedication to team mentoring and collaborative client service

Responsibilities

  • Lead strategic pharmacy recommendations for clients annually
  • Understand specific client team dynamics to tailor pharmacy projects
  • Ensure accountability for strategic and financial pharmacy deliverables to clients
  • Direct and review pharmacy pricing projections with actuarial teams
  • Expand H&W client base through RFP involvement and development of new services
  • Create and present webinars on H&W insights for client engagement
  • Collaborate with senior leaders to enrich team development and client service

Benefits

  • Comprehensive health care and emotional well-being support
  • Market-leading retirement plan
  • Generous paid time off and parental leave
  • Charitable giving employee match program
  • Educational assistance including tuition reimbursement and student loan repayment
  • Learning resources for career development
Full Job Description
Vice President, Fidelity Workplace Consulting: Health and Welfare Consulting

You will serve as the Pharmacy subject matter expert for our Health & Welfare Consulting practice. You will provide pharmacy-related consulting to our clients and prospects and will train our generalist and actuarial team to provide pharmacy-related support. You will represent the Pharmacy discipline across our Health & Welfare Consulting topics including, but not limited to: overall strategy development, plan design, reporting, vendor management and selection, pricing, and employee contribution settings and/or retiree health care solutions. You will lead H&W Workplace Consulting pharmacy projects, mentor other associates and promote collaboration. You will be a member of the H&W leadership team. Specific internal and external responsibilities include:
  • Lead the development and presentation of strategic pharmacy recommendations to clients on an annual basis
  • Build knowledge of specific client teams and their businesses to support pharmacy projects, as needed
  • Provide overall accountability to our clients for our strategic, analytical and financial deliverables in the pharmacy area
  • Work with our actuarial team and partners to provide direction, support, and review of pharmacy pricing and cost projections
  • Play a leadership role in efforts to expand our H&W client base through participation in RFPs, finalist meetings and the development of new offerings
  • Develop and present webinars, and other marketing efforts, focused on H&W insights of interest to current and prospective clients
  • Collaborate with other senior leaders in the H&W practice to develop strategies to lead people development and client delivery
  • Lead and mentor the team of H&W associates assigned to support your client team, as well as the general H&W practice


The Expertise and Skills You Bring
  • Minimum 15 years of proven experience in working with strategic management of pharmacy programs in the context of employer health and welfare plans, preferably gained in a benefit consulting or brokerage firm
  • Understanding of complex business issues and challenges facing clients today and demonstrated ability to sell applicable H&W consulting services
  • Experience engaging all available resources to address client problems (resourceful & scrappy)
  • Strong client relationship management skills, including excellent communication and responsiveness
  • Ability to independently develop and facilitate pharmacy strategy discussions; ability to communicate sophisticated financial results to client stakeholders
  • Deep knowledge of the pharmacy industry, its practices and applicable laws/regulations, financial issues, point solutions, traditional carriers partner landscape, PBMs and coalitions, etc.
  • Dedication to team collaboration and coordination, including mentoring junior associates and leading teams to facilitate excellent client service


The Team

The Fidelity Workplace Consulting Group is composed of over 600 professionals who advise clients on the management of their domestic and global benefits. We are a fast-growing business within Fidelity, providing a broad range of services that touch on every area of benefits design, strategy, funding, communication, and delivery. Most of our team comes from other leading consulting firms. For more information about Fidelity Workplace Consulting please visit this link: https://www.fidelityworkplace.com/s/workplaceconsulting

Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

The base salary range for this position is $130,000-$264,000 per year.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Certifications:

Category:

Consulting

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