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Senior Benefits Consultant - Pharmacy

$110k - $145k

Bank of America Financial Center

Position Overview The Sr. Benefits Consultant will join the Global Benefits team that recently was awarded 2025 Best Employers – excellence in Health & Well‑being by the Business Group on Health. The individual will report to the Head of Benefits and be responsible for executing on the Pharmacy Benefits Strategy and driving all aspects of the design of benefit programs that support the health and wellness of employees and their family members in the U.S., including national medical plans for active employees and retirees. Responsibilities Partner with multiple third‑party service providers, platform administrators, Health & Insurance carriers and internal partners to ensure processes and services are delivered flawlessly to teammates. Evaluate market trends and emerging products and approaches to drive pharmacy benefits. Understand and apply data analysis and market trends to develop business cases for existing or emerging opportunities. Develop business cases to present to key stakeholders. Partner across multiple teams to ensure impacts, compliance requirements, business needs, and employee experience are identified in all program design recommendations. Ensure required regulations and compliance activities are executed. Participate in vendor audits, claims reviews, annual meetings, development of business requirement documents and employee engagement approaches. Understand and apply the changing legal and regulatory environment impacting programs. Drive change initiatives and implementations. Required Qualifications Minimum 7‑10 years of Health Care Benefits and related Pharmacy experience through Consulting, Brokerage, Insurance companies or employers. Ideally 3+ years of delivery experience of pharmacy benefits for a large organization. Experience with pharmacy market checks, annual audits, and program optimization. Depth and knowledge of pharmacy benefit industry, market shifts and complex dynamics. Excellent oral & written communication skills; ability to articulate complex concepts to a non‑specialist audience. Demonstrated facilitation, client service orientation, leadership, influence, teamwork, and collaboration across multiple partners, both internal and external. Strong vendor relationship experience. Strong data analysis skills for industry benchmarking and business case development. Highly organized with ability to drive many competing priorities and multiple tasks concurrently. Strong task management skills, including the ability to prioritize work and meet deadlines. A team player who thinks and acts cross‑functions, proactive and focused on continuous improvement. A problem solver with a "can do" attitude, consultative approach, and client service mentality. Acts with a sense of urgency and drives issues through to completion. Demonstrates a sense of commitment to work and willingly assumes responsibility for accomplishing objectives. Self‑starter and highly proficient with Microsoft Office, especially PowerPoint and Excel. Demonstrated ability to work and navigate in a complex, matrixed work environment. Desired Qualifications Experience with Pharmaceutical strategy for large organizations. PharmD. Experience working with and managing outsourced services. Experience ensuring communication and engagement strategies are designed and executed to drive member engagement. Skills Analytical Thinking Benefits Plan Development Data and Trend Analysis Prioritization Reporting Attention to Detail Benchmarking Emotional Intelligence Innovative Thinking Strategic Thinking Business Case Analysis Collaboration Influence Process Design Risk Management Minimum Education Requirement High School Diploma / GED / Secondary School or equivalent Shift 1st shift (United States of America) Hours Per Week 40 Pay Annualized salary: $110,000.00 – $145,000.00, offers to be determined based on experience, education and skill set. Eligible for an annual discretionary award based on performance. Benefits This role is currently benefits eligible. We provide industry‑leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. #J-18808-Ljbffr

Vacancy posted 1 day ago
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