Note: this role is no longer available. Find roles from actively hiring companies at the link below.
Go Home
Willis Towers Watson

Willis Towers Watson

Pharmacy Pricing Analyst

Pharmacy Pricing Analyst

Apply Now
Job Details
""
Uploaded On
January 15, 2024
""
Location
Boston, United States
""
Remote?
No
Salary
$
75
k-$
80
k
Glassdoor Ratings
""
Recommend to a Friend
77%
""
Overall Score
3.9 / 5

Find Similar Jobs

Job Description

The Pricing Analyst works within the Financial, Actuarial and Analytics (FAA) team and closely with the Pharmacy Practice within Health and Benefits. As a Pharmacy Pricing Analyst you will contribute to a wide variety of complex projects involving design, financing and ongoing management of pharmacy benefit programs. This is a foundational 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.

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

As a Pricing Analyst specializing in pharmacy, you will work beside some of the industry's top consultants while you progress toward becoming a thought leader of the future.

You will have immediate exposure to real client assignments which will draw on your imagination and creativity as well as your ability to analyze data, draw conclusions and internally present results. These experiences will help build your 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 negotiation vendor products, services, contracts and pricing guarantees
  • Design, distribute and evaluate responses to RFPs
  • Support the pharmacy practice on intellectual capital initiatives such as development of new financial models or tools as applicable
  • Assist with the preparation of select client deliverables


Qualifications

The Requirements
  • Bachelor's or Master's degree in mathematics, statistics, finance, public health, health management or any other major with significant quantitative course work
  • Work experience that demonstrates strong technical and/or client service skills (analyst type of internship preferred)
  • 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

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation

Compensation

The base salary compensation range being offered for this role is $75,000-$80,000 USD.

This role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
  • Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

EOE, including disability/vets
Apply Now

Working at 

Willis Towers Watson

Willis Towers Watson is a global professional services company that specializes in risk management and insurance. The company was formed in 2016 through the merger of Willis Group and Towers Watson, two well-known and respected firms in the industry. Willis Towers Watson offers a range of insurance products and risk management services to help businesses and organizations identify and mitigate potential risks. The company has a strong reputation for customer service and is known for its expertise in serving the diverse needs of its clients. In addition to traditional insurance products, Willis Towers Watson also offers innovative risk management solutions and consulting services to help clients navigate the complex and rapidly-changing world of risk. The company has a global presence, with operations in numerous countries around the world.

Find Similar Jobs