Senior Director- Pharmacy Financial, Actuarial and Analytics Consulting

WTW•Tampa, FL

7d•Hybrid

About The Position

The Senior Director works within the Financial and Analytics (FAA) team and closely with the Pharmacy Consulting Practice within Health and Benefits. As a Pharmacy Senior Director, you will contribute to a wide variety of complex projects involving design, financing and ongoing management of pharmacy benefit programs. Your client assignments will draw on your imagination and creativity as well as your ability to analyze data, draw conclusions and present results. You will serve as a key voice to the marketplace of one of the world’s leading HR consulting firms and have the ability to contribute to the evolution of pharmacy and broader health care delivery in North America. The ideal candidate brings influence and strategic thinking to address unique client needs in the pharmacy space and to more broadly evolve our practice. You will collaborate with a strong team of highly experienced consultants within the pharmacy practice as well as engage in cross-functional activities with other health and benefits colleagues and subject matter experts who together deliver unparalleled value to our clients and the broader pharmacy community.

Requirements

10+ years’ experience and success in the design/management of large group pharmacy benefit plans gained in a consulting, brokerage, pharmacy benefit manager or carrier environment
Strong financial skills; prior experience in pharmacy pricing, underwriting or valuation work preferred
Bachelor’s degree required, preferably with significant quantitative coursework
Excellent oral and written communication skills
Excellent Microsoft Office skills, particularly in Excel and PowerPoint
Strong analytical, creative and integrative skills
Well organized and detail oriented
Flexibility and proven ability to identify and resolve issues
Strong client service orientation and ability to respond to all communications effectively and in a timely manner
Self-starter attitude and ability to work individually and as part of a team
Interest and aptitude in keeping abreast of the latest developments in pharmacy and broader health and benefits plan strategy and contributing to the development of new tools and approaches
State Life and Health license required within 90 days of joining

Responsibilities

Partner with consultants and team members to review and perform financial analyses including cost savings and data analysis projections, create, review and update of pricing and other analytical models
Develop client analyses and other related documents for WTW clients and prospects including presentations and review of pharmacy contracts
Analyze, compare and negotiate vendor products, services, contracts and pricing guarantees
Design, distribute and evaluate responses to RFPs, renewals and market checks
Serve as lead project manager; materially contribute to project plan creation and lead the team on delivery; ensure progress against established objectives, budgets, timelines, deliverables and quality standards
Support the pharmacy practice on intellectual capital initiatives such as development of new financial models or tools as applicable
Assist with the preparation and presentation of client deliverables
Manage and mentor junior colleagues on the pharmacy financial team
Present and explain complex pharmacy benefit financial strategies such as PBM pricing models, adjudication and reconciliation logic, financial guarantee exclusion strategies and the impacts to financial results to internal partners and clients
Participate in financial strategy meetings with external partners

Benefits

Medical (including prescription coverage)
Dental
Vision
Health Savings Account
Commuter Account
Health Care and Dependent Care Flexible Spending Accounts
Group Accident
Group Critical Illness
Life Insurance
AD&D
Group Legal
Identify Theft Protection
Wellbeing Program
Work/Life Resources (including Employee Assistance Program)
Paid Holidays
Annual Paid Time Off (includes state/local paid leave where required)
Short-Term Disability
Long-Term Disability
Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
Paid Time Off (only included for Washington roles)
Qualified contributory pension plan (if eligible)
401(k) plan with annual nonelective company contribution
Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements