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Sr. Pharmacy Analyst, Pricing & Underwriting

Gallagher Benefit Services

Gallagher Benefit Services

Sr. Pharmacy Analyst, Pricing & Underwriting

Rolling Meadows, IL

Introduction

Discover a world of endless possibilities at Gallagher Benefit Services, where you'll have the power to shape the future of workplaces across industries. As a member of our team, you become the driving force behind positive change, helping clients build environments where employees thrive. Embrace the opportunity to impact lives, unlock potential, and create a legacy of remarkable transformation.

 

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.


How you'll make an impact

This is an individual contributor role that will be focused on supporting the needs of internal teams and clients related to PBM (Pharmacy Benefit Manager) RFPs (Requests for Proposal) and contract review. This role will be a subject matter expert for PBM pricing and will be responsible for providing consultative support to internal teams as well as preparing client-facing presentations summarizing PBM financial proposals and key terms and conditions. Professional communication skills and the ability to summarize complex topics and analytics is paramount. This is role will need to succeed in a fast-paced environment that is timeline driven.

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Responsibilities:

  • Primarily focused on the development, maintenance, and assurance of accurate and quality modeling and analysis of PBM RFPs.
  • Key accountabilities include providing analytical and qualitative expertise in the pharmacy focused modeling and reporting.
  • Review qualitative and quantitative RFP responses. Understand implications of RFP responses and how they impact financial guarantees and modeling.
  • Create client-facing presentations summarizing analytical results.

Essential responsibilities include:

  • Analyze and summarize pharmacy data from multiple sources
  • Track utilization and spend across services
  • Client specific pharmacy cost forecasting and trend analysis
  • Review and edit complex contract language so that it aligns with RFP terms
  • Evaluate client performance as compared to contracted terms.
  • Follow, review, and update Policy and Procedure documentation.

Additional duties include:

  • Participate in client discussions regarding PBM pricing strategies and analyses
  • Provide subject matter expertise to internal partners
  • Other analytic projects as needed

About You

Requirements:

  • Bachelor's degree in quantitative based field (e.g., Accounting, Economics, Business Administration, Finance, Math, Statistics)
  • 5 years related PBM industry experience required (pricing, discounts, rebates, contracts, etc)
  • Demonstrated in-depth knowledge of Microsoft Excel, Word, PowerPoint, Outlook
    • advanced Excel knowledge is preferred (pivot tables, vlookups, filters, conditional formatting, large data sets)
  • Experience analyzing raw data, with ability to think logically and process with detailed accuracy

 Preferred:

  • Relevant advanced degree
  • Experience with reporting tools such as Access, SQL Server, Power BI

 Behaviors:

  • Must be highly analytical and detail-oriented
  • Organizational and time management skills are keys to success
  • Strong communication (written and oral) and decision making
  • Ability to work in a fast-paced environment with multiple projects simultaneously
  • Availability for occasional travel (up to 10%)

Compensation and benefits

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. 

 Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

  • Medical/dental/vision plans, which start from day one!
  • Life and accident insurance
  • 401(K) and Roth options
  • Tax-advantaged accounts (HSA, FSA)
  • Educational expense reimbursement
  • Paid parental leave

Other benefits include:

  • Digital mental health services (Talkspace)
  • Flexible work hours (availability varies by office and job function)
  • Training programs
  • Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
  • Charitable matching gift program
  • And more...

We value inclusion and diversity

Click Here to review our U.S. Eligibility Requirements and Pay Disclosure Statement

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

 

Client-provided location(s): Rolling Meadows, IL, USA
Job ID: 23920_36969
Employment Type: Full Time