Lead Consultant - Pharmacy

LocktonKansas City, MO

About The Position

Lockton is currently seeking a VP, Lead Consultant to join our Pharmacy practice managing complex, large 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.

Requirements

  • Minimum of Bachelor’s Degree in business related field.
  • Minimum 12 to 15 years’ experience in the industry, specifically experience in PBMs or health plans.
  • A complete working knowledge of pharmacy benefits in multiple product lines (i.e. Medicare, Medicaid, commercial Health Plan, employer).
  • Excellent organization, communication and negotiation skills.
  • 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, including word processing and spreadsheet expertise.
  • Complete working knowledge of differing financial arrangements and products available to clients
  • Must be knowledgeable on compliance requirements and federal/state legislation.
  • Proven critical thinking and problem-solving skills
  • Must be available for travel and willing to accept responsibility for client/vendor entertainment.
  • Legal right to work in the United States

Nice To Haves

  • Management experience preferred.
  • Doctor of Pharmacy degree preferred but not required

Responsibilities

  • Responsible for a higher volume of designated, large/ complex book of business, with assistance from account team.
  • Proactively consult on large, complex clients including health and welfare plan design, pricing, benchmarking studies and negotiations, plan renewals and vendor analysis and management
  • Act as an expert within the Pharmacy practice and consult with other internal SME’s on complex strategies to optimize client satisfaction & retention
  • Support the generation of new business by collaborating with Producers in prospect meetings, acting as the technical SME and leading the RFP process
  • Assists in mentoring and coaching others within the unit.
  • Assists with managing and completing performance evaluations for account team.
  • Assists Producer in sales opportunities for prospective clients.
  • Determine when Producer and/or Regional Lead involvement is necessary in problem resolution.
  • Work collaboratively with PBMs to manage RFPs for clients.
  • Work with clients to set a pharmacy strategy and execute the strategy with the client’s pharmacy vendors.
  • Assist in review and accuracy of all vendor agreements.
  • Ability to lead client meetings and provide “on the spot” strategic guidance and financial performance.
  • Develop and produces RFPs by coordinating analytic outputs, vendor replies, and client feedback resulting in successful completion of RFP process.
  • Execute client renewals by building relationships with key client stakeholders and asking effective probing questions that lead to innovative pharmacy benefit plan designs
  • Work with account team to ensure resolution of client problems and/or vendor issues
  • Maintain ongoing client relationships by attending on-site client meetings and/or lunch and evening events
  • Maintain relationships with PBMs, specialty pharmacies, and other pharmacy vendors.
  • Attendance at internal meetings/educational programs.

Benefits

  • equal opportunity to grow and advance
  • cultivate an environment that learns from, celebrates, and thrives because of our breadth of differences
  • fostering a culture where every member of the Lockton family feels valued and accepted as they are and safe to bring their authentic selves to work every single day
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