Pharmacy Analytics Consultant

Job Description

IntroductionAt Gallagher Benefit Services, you’re a trusted partner to organizations navigating some of their most important people decisions. We help clients build better workplaces, where people feel supported, empowered, and inspired to thrive. Whether it’s shaping benefit strategies, designing wellbeing programs, or advising on workforce challenges, the work you do here creates meaningful change for businesses and the people who power them.

We’re a community of bold explorers, trusted experts, and compassionate partners; working side by side to solve problems, and shape the future of work. Here, curiosity is encouraged, collaboration is second nature, and your ideas have room to grow. If you’re looking for a place where your contribution matters and where you can help build a better world of work; think of Gallagher. OverviewAs the Pharmacy Analytics Consultant, you will be responsible for tasks related to the Pharmacy Analytics practice for AssuredPartners existing and prospective clients.

You will provide support for and be responsible for assisting with Reporting, Pharmacy Analytics, Data Management, and Vendor Oversight. The Pharmacy Analytics Consultant will work with Data Consultants, Underwriters, Account Managers, Producers, and Clients in preparing requests for proposals, obtaining, and analyzing carrier quotes, inputting, and analyzing data from various automation systems, and maintaining a book of business.

The Ideal Candidate A true professional, you have an excellent balance of analytical skills while being team oriented. You are a natural presenter and great communicator up, down, and across the organization and work well with other teams and in client settings. The results of your work speak for itself to drive the business forward.

If this interests you, we invite you to keep reading and apply!How you’ll make an impactReview data for reasonableness, and validate data against key performance indicators collected from the Pharmacy Benefit Manager vendor (PBM)Execute competitive bidding of pharmacy coverage for clients. Prepare presentations outlining financial and contractual analysis according to company policy.

Perform pharmacy pricing guarantee reconciliations for clients on both a quarterly and annual basis. Full working knowledge of PBM pricing, contract language and financial modeling of a pharmacy benefits proposal.

The experience working within Medispan and other drug pricing services. Work with Underwriters and Data Consultants to evaluate, determine, and recommend alternative coverages, pricing, options, and plan design changes based on analysis of available plan elements and on client/prospect goals. Learn to interpret clients’ current pharmacy programs and identify/recommend gaps, alternatives, additional plan design changes, etc.

Produce deliverables timely, accurately, and in compliance with company standards. Help in leading, training, and mentoring junior staff members where appropriate. Continuously assess and provide recommendations for process improvement.

Collaborate with peers on the Healthcare Strategy team on best practices. Negotiate Pharmacy coverage with carrier partners. Present all forms of reporting and financial deliverables to our clients.

Forecast and develop client budget projections. Maintain positive relationships with vendor representatives. Remain abreast of the health insurance environment and constantly changing insurance legislation.

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