Mercer

Senior Pharmacy Benefits Management Strategy Consultant

CHICAGO, ILPosted a month ago

Job summary

  • Job post source

    This job is directly from Mercer

  • Job overview

    The Senior Pharmacy Benefits Management Strategy Consultant at Mercer leads complex client engagements and develops sophisticated benefits design and renewal strategies to ensure client account profitability.

  • Responsibilities and impact

    The role involves managing service delivery, strategy, financial evaluations, plan design, renewals, business placement, benchmarking, and client relationship management, as well as mentoring team members and expanding client revenues.

  • Compensation and benefits

    The salary range is $115,200 to $230,400 with performance-based incentives, health and welfare benefits, tuition assistance, 401K savings, and other retirement programs.

  • Experience and skills

    Candidates need a Bachelor of Science or Computer Science degree, 7+ years in Pharmacy Benefits Management or Health and Benefits Consulting, client-facing consulting experience, strong analytical and project management skills, and proficiency in Microsoft Excel; advanced degrees or certifications are preferred.

  • Career development

    Mercer offers professional development opportunities, a vibrant and inclusive culture, and a range of career paths supported by the company's scale and resources.

  • Work environment and culture

    Mercer fosters a diverse, inclusive, and flexible hybrid work environment requiring at least three days per week in the office, emphasizing collaboration, connection, and professional growth.

  • Company information

    Mercer is a global leader in investment, health, and retirement consulting, part of Marsh McLennan, a major global risk and strategy advisory firm with over 90,000 employees and $24 billion in annual revenue.

  • Job location and travel

    The position is based in one of Mercer's US offices with a hybrid work model requiring at least three days per week onsite.

  • Unique job features

    The role includes leading complex client engagements and developing innovative solutions in Pharmacy Benefits Management within a supportive and growth-oriented environment.

Company overview

Mercer is a global consulting leader in advancing health, wealth, and career. They generate revenue by providing strategic advice and solutions to clients in areas such as employee benefits, talent management, investments, and retirement planning. Founded in 1937, Mercer is a subsidiary of Marsh & McLennan Companies and has grown through numerous acquisitions, expanding its influence and capabilities worldwide. Their expertise helps organizations improve the health and financial well-being of their employees, driving better business outcomes.

How to land this job

  • Tailor your resume to emphasize your leadership in managing complex client engagements, benefits design, and strategy development within Pharmacy Benefits Management, highlighting your ability to drive profitability and client satisfaction at Mercer.

  • Focus on showcasing your experience with financial evaluations, plan design, renewals, and vendor relationship management, as these are key responsibilities in the role.

  • Apply through multiple platforms including Mercer's corporate careers page and LinkedIn to maximize your exposure and ensure your application is seen by different hiring teams.

  • Connect with current Mercer PBM team members or consultants on LinkedIn, using ice breakers such as commenting on recent Mercer healthcare initiatives or asking about their experience working on complex client projects to start meaningful conversations.

  • Optimize your resume for ATS by incorporating specific keywords from the job description like 'Pharmacy Benefits Management,' 'client engagements,' 'benefits design,' 'financial evaluations,' and 'vendor relationships' to pass initial automated screenings.

  • Utilize Jennie Johnson's Power Apply feature to automate tailored resume submissions, identify multiple application portals, and find relevant Mercer contacts for networking, allowing you to focus your time on preparation and interviews.

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