Description

Join the dynamic Financial, Actuarial, and Analytics (FAA) team as a Senior Pricing Associate, where you’ll collaborate closely with the Pharmacy Practice within Health and Benefits. In this influential role, you will be instrumental in navigating a variety of intricate projects that focus on designing, financing, and managing pharmacy benefit programs. This position presents a fantastic opportunity to enhance your expertise in pharmacy and health benefits finance while sharpening your client management skills through innovative projects alongside industry leaders.

Your Impact

As a Senior Pricing Associate with a focus on pharmacy, you will have the chance to work alongside some of the industry’s foremost consultants, leveraging your existing experience while paving the way to becoming a future thought leader.

Your assignments will stimulate your creativity and analytical skills as you interpret data, derive insights, and effectively present your findings. This hands-on experience will build upon your technical knowledge and deepen your industry understanding.

Your key responsibilities will include:

• Collaborate with consultants and team members to conduct comprehensive financial analyses, including cost-saving projections and the refinement of pricing models.

• Create and develop insightful client analyses and documents for WTW clients and prospects, including impactful presentations and comprehensive reviews of pharmacy contracts.

• Evaluate and negotiate vendor products, services, contracts, and pricing guarantees.

• Lead the design, distribution, and evaluation of responses to Requests for Proposals (RFPs).

• Take charge as the project manager, contributing to project plans and guiding the team to ensure adherence to objectives, budgets, timelines, deliverables, and quality standards.

• Support the pharmacy practice in developing intellectual resources, including new financial models or tools as needed.

• Assist in the preparation and delivery of client outputs.

Who You Are

• 5+ years of proven experience in designing and managing large group pharmacy benefit plans within a consulting, brokerage, pharmacy benefit manager, or carrier setting.

• Strong financial acumen, particularly in pharmacy pricing, underwriting, or valuation preferred.

• Bachelor’s degree required, with a focus on quantitative coursework highly desirable.

• Exceptional oral and written communication abilities.

• Proficiency in Microsoft Office, particularly Excel and PowerPoint.

• Highly organized and detail-oriented.

• Demonstrated flexibility and an aptitude for identifying and resolving challenges.

• Client service-oriented, with a strong capacity to manage communications effectively and promptly.

• Proactive self-starter with the capacity to work independently and as part of a cohesive team.

• Robust analytical, creative, and integrative thinking skills.

• State Life and Health license required within 90 days of employment.

Compensation and Benefits

This role offers a competitive compensation range of $90,000.00 to $130,000.00 USD per year, alongside eligibility for an annual short-term incentive bonus.

At WTW, we provide an attractive benefits package, which includes:

• Health and Welfare Benefits: Comprehensive medical (with prescription coverage), dental, vision, Health Savings Account, commuter account, flexible spending accounts, group accident coverage, critical illness insurance, life insurance, AD&D, group legal services, identity theft protection, wellness programs, and work/life resources.

• Leave Benefits: Generous paid holidays, annual PTO, short-term and long-term disability, and various other leave options.

• Retirement Benefits: A contributory pension plan along with a 401(k) savings plan.

Flexible Working Environment:

At WTW, we empower you to determine how to best accomplish your work. Most employees enjoy a “hybrid” work approach that blends remote, in-person, and in-office interactions tailored to the team’s and clients’ needs. Our commitment to flexibility is rooted in trust, and we encourage discussions about diverse flexible working arrangements.

This position will be posted for a minimum of three business days, or until an appropriate candidate pool is established.

Equal Opportunity Employer including those with disabilities and veterans.