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Employee Benefit Pharmacy Consultant
Employee Benefit Pharmacy ConsultantUSI Insurance Services • Indiana, PA, US
Employee Benefit Pharmacy Consultant

Employee Benefit Pharmacy Consultant

USI Insurance Services • Indiana, PA, US
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Job ID

30297

Description and Requirements

General Description :

Client-facing employee benefits position that independently analyzes prescription drug information. Deliver financial solutions for clients with self-funded medical plans. Assist USI Health and Welfare consultants provide solutions that lower the cost of pharmacy benefits. Align Pharmacy Benefit Management (PBM) contracts with clients' strategic goals.

Responsibilities :

  • Participate in prospecting activities with sales consultants as the pharmacy expert to articulate the USI pharmacy value proposition and solutions within the sales process. Includes participation in discovery meetings, capabilities presentations and conceptual / finalist meetings.
  • Act as a resource for sales executives. Develop strategic plans and solutions for prospects and clients.
  • Work closely with internal account management team. Ensure strategic objectives of prospects and clients are clearly articulated. Ensure all prospect deliverables provide proactive solutions in line with strategic objectives.
  • Lead client PBM RFP process. Market services to carriers. Assist with educating team members and clients about prescription drug benefits.
  • Conduct contract audits and make observations and recommendations for improvement.
  • Act as subject matter expert on pharmacy solutions within USI proprietary database.
  • Conduct formulary and specialty drug review for select clients. Provide recommendations and solutions to meet client's needs.
  • Assist with negotiations with Carriers and Pharmacy Benefit Manager's for preferred deals.
  • Monitor new drug approvals and keep the USI team educated.
  • Oversee patient assistance programs for specialty medications and recommend partners and approaches.
  • Develop and maintain excellent carrier relationships.
  • Provide guidance and support to newly hired pharmacy team members as needed.
  • Keep current with industry information, new products, legislation, coverage, and technology.

General Description :

Client-facing employee benefits position that independently analyzes prescription drug information. Deliver financial solutions for clients with self-funded medical plans. Assist USI Health and Welfare consultants provide solutions that lower the cost of pharmacy benefits. Align Pharmacy Benefit Management (PBM) contracts with clients' strategic goals.

Responsibilities :

  • Participate in prospecting activities with sales consultants as the pharmacy expert to articulate the USI pharmacy value proposition and solutions within the sales process. Includes participation in discovery meetings, capabilities presentations and conceptual / finalist meetings.
  • Act as a resource for sales executives. Develop strategic plans and solutions for prospects and clients.
  • Work closely with internal account management team. Ensure strategic objectives of prospects and clients are clearly articulated. Ensure all prospect deliverables provide proactive solutions in line with strategic objectives.
  • Lead client PBM RFP process. Market services to carriers. Assist with educating team members and clients about prescription drug benefits.
  • Conduct contract audits and make observations and recommendations for improvement.
  • Act as subject matter expert on pharmacy solutions within USI proprietary database.
  • Conduct formulary and specialty drug review for select clients. Provide recommendations and solutions to meet client's needs.
  • Assist with negotiations with Carriers and Pharmacy Benefit Manager's for preferred deals.
  • Monitor new drug approvals and keep the USI team educated.
  • Oversee patient assistance programs for specialty medications and recommend partners and approaches.
  • Develop and maintain excellent carrier relationships.
  • Provide guidance and support to newly hired pharmacy team members as needed.
  • Keep current with industry information, new products, legislation, coverage, and technology.
  • Knowledge, Skills and Abilities :

  • 5 years + experience as a clinical or specialized pharmacist
  • OR

    experience working with pharmacy benefit managers insurance consulting firms is preferred.

  • Detail oriented. Ability to work in a fast-paced, team environment with minimal instruction.
  • Ability to manage and negotiate multiple priorities and deadlines.
  • Strong written, oral, and interpersonal communication skills.
  • Strong working knowledge of Adobe and Microsoft Office suite, including Excel and Word.
  • Advanced problem solving and critical thinking skills. Ability to carry out complex tasks with many concrete and abstract variables.
  • Location : This role will support our Mountain Central Region. Ideal candidate will reside in Minnesota, close to our largest office location. This role could also be remote but candidates must reside in one of the following states : MN, CO, KS, NE, UT. #LI-JN1 #LI-hybrid #LI-remote

    Why USI?

    With more than $2.7 billion in revenue and over 10,000 associates across approximately 200 offices nationwide, USI is one of the largest insurance brokerage and consulting firms in the world. At USI, we have created one of the most dynamic personal and professional development cultures in the industry. We invest heavily in our associates, and we take pride in celebrating their growth and success through our one-of-a-kind employee reward and recognition programs.

    Unrivaled Resources and Support

    What truly distinguishes USI as a premier insurance brokerage and consulting firm is theUSI ONE Advantage , a game-changing value proposition that delivers to clients a robust set of risk management and benefit solutions with bottom-line financial impact. USI ONE represents Omni, Network, Enterprise—the three key elements that set USI apart from the competition. Through USI ONE, we develop strategic, timely, and effective risk management and benefit programs in terms that are easy to understand, and we demonstrate how the solutions can have a positive economic impact.

    Industry-Leading Programs, Rewards, and Recognition

    In addition to competitive pay, incentives, and benefits, USI recognizes associates through our Summit Awards program, rewarding excellence in those who build our brand each day. USI offersemployee programs that recognize outstanding achievement and help our associates lead healthy, productive lives. We turn care into action with our award-winning wellness program, college scholarships for associates' children, and financial help in times of need.

    Deep Community Engagement

    We are committed to giving back to our local communities and supporting a culture of environmental sustainability. From sharing our time, talent, and resources to support local non-profit organizations, animal shelters, and environmental beautification and restoration projects – to partnering with eco-conscious vendors and taking steps to reduce our own environmental footprint – we're workingtogether as ONE to build a better future.

    Committed to a Diverse, Equitable, and Inclusive Workplace

    Our award-winningI'm With U diversity, equity, and inclusion program educates our associates to help them better understand and serve our clients, prospects, fellow team members, and local communities through curated education and training resources, employee support programs, and community outreach initiatives to build a more diverse, equitable, and inclusive culture.

    Nationally Recognized as a Top Insurance Employer

  • Recognized as one of Insurance Business America's Top Insurance Employers for the seventh consecutive year (2018-2024).
  • Named to Business Insurance's annual list of the Best Places to Work in Insurance five years in a row (2020-2024).
  • Named to Fortune's 2024 Best Workplaces in Financial Services & Insurance list.
  • Honored by Glassdoor as a Best-Led Company in the U.S. in 2024.
  • Recognized by Newsweek as one of America's Greatest Workplaces for Diversity in 2024
  • USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time .

    Salary range : $125,000 - $175,000

    This position is bonus eligible with a target of 10%.

    Salary range : $125,000 - $175,000

    This position is bonus eligible with a target of 10%.

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