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WTW · 4 hours ago

Pharmacy Financial/Actuarial Associate Director (Remote)

United States

Full-time

Remote

Mid, Senior Level, Lead/Staff

$115K/yr - $160K/yr

6+ years exp

WTW is a leading global advisory, broking, and solutions company, and they are seeking a Pharmacy Financial/Actuarial Associate Director to join their Financial, Actuarial and Analytics team. This role involves managing pharmacy benefit programs, conducting financial analyses, and mentoring junior colleagues while working closely with top consultants in the industry.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Hiring Manager

Christine Galdones, RPm

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

Qualification

Pharmacy benefit managementFinancial analysisPharmacy pricingClient managementAnalytical skillsProject managementMicrosoft OfficeState LifeHealth licenseCommunication skillsDetail orientedSelf-starterTeamwork

Required

6+ 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

Bachelor's degree required, preferably with significant quantitative coursework

Excellent oral and written communication skills

Excellent Microsoft Office skills, particularly in Excel and PowerPoint

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

Strong analytical, creative and integrative skills

State Life and Health license required within 90 days of joining

Preferred

Strong financial skills; prior experience in pharmacy pricing, underwriting or valuation work preferred

Benefits

Health and Welfare 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 and Work/Life Resources (including Employee Assistance Program)

Leave Benefits: 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)

Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.