DESCRIPTION

The Pricing Associate works within the Financial, Actuarial and Analytics (FAA) team and closely with the Pharmacy Practice within Health and Benefits. As a Pharmacy Pricing Associate, you will contribute to a wide variety of complex projects involving design, financing and ongoing management of pharmacy benefit programs. This role that provides excellent opportunities to grow your pharmacy and broader health and benefits financial acumen and client management skills by working on cutting edge projects alongside leaders in the industry.
As a Pricing Associate specializing in pharmacy, you will work beside some of the industry’s top consultants, drawing on your experience while you continue to progress toward becoming a thought leader of the future.
Your client assignments will draw on your imagination and creativity as well as your ability to analyze data, draw conclusions and present results. These experiences will build on your existing technical knowledge and overall industry expertise.

Your main responsibilities will be as follows:

• Partner with consultants and team members to perform financial analyses including cost savings and data analysis projections, 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
• 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 select client deliverables

QUALIFICATIONS

• 3+ 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
• Strong financial skills: prior experience in pharmacy pricing, underwriting or valuation work preferred
• 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
  This position will remain posted for a minimum of three business days from the date posted or until a sufficient/appropriate candidate slate has been identified.

• Partner with consultants and team members to perform financial analyses including cost savings and data analysis projections, 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
• 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 select client deliverable