Description
The Role
- 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 and compare 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
- Utilize onshore-provided templates to facilitate various steps in the Rx Solutions space
- Coordinate with Onshore Team regarding sending requests, timing, status and follow-up
- Prepare deliverables within time critical schedules
- Monitor due dates and timelines including when there are conflicting priorities
- Manage follow-up questions / requests from Onshore Team
- Participation in project status calls as needed.
- Attend internal and client kick off meeting with the Onshore Team and/or other stakeholders.
- Schedule meetings and coordinate efforts of colleagues
In Addition To This Direct Client Work, You Will
- Attend training, meetings and/other educational events to increase understanding of trends, regulations, and developments in the market
- Conduct Internal Peer Reviews for other colleague's work
- Develop an awareness of the insurance carrier and vendor marketplace, specifically Pharmacy Benefit Manager (PBM)
- Understand and effectively articulate carrier / vendor specific strengths and weaknesses
- Receive training from experienced consultants and assist to review client needs
- Comply with internal excellence and compliance requirements
Qualifications
The Requirement
- Bachelor's degree (preferably in a program on mathematics or business)
- 2+ years experience working with health and benefits plans (their financials) preferably gained in a benefit consulting / brokerage firm or at a health insurance company
- Proficient in English, with excellent written and verbal communication skills
- Preferably with specific experience in one or more of the following areas:
- US Healthcare
- US Pharmacy
- Project management experience
- Well organized and detail oriented
- Proven ability to manage multiple projects simultaneously and produce quality deliverables on time
- Ability to prioritize work to meet internal/external deadlines
- Proven ability to identify and resolve complex issues
- Strong client service orientation and ability to respond to all communications effectively and in a timely manner
- Continuous improvement mindset increasing task efficiency and effectiveness with each product or service repetition
Attitude and Behavior
- Self-starter attitude with ability to establish priorities, work independently and with limited supervision
- Ability to ask the right questions and seek help where appropriate
- Sense of accountability; owning one's work and taking pride in it
- Proactive collaboration with a global team, include taking accountability for quality and on-time delivery of own work and involving other team members when appropriate
- Open to learning
- Follow directions
Technical Skills And Experience- Strong analytical and integrative skills
- Critical thinking/problem solving skills as it relates to data analysis
- Being able to interpret data sets
- Interpret financial modeling results for reasonability
- Experience with data entry, validation, and manipulation
- Excellent Microsoft Office skills, particularly in Word, Excel and PowerPoint
- In Excel, specifically be able to:
- Run pivot tables/v-lookups on data sets
- Learn new formulas in excel to improve data analysis
- Learn how the financial model functions including formulas and flow from tab to tab
- Run calculations on data sets (i.e., totals, percentages, percent change)
- Ability to review and check data against subject domain knowledge (e.g., health and group benefits) and understand the data's applicability/accuracy for the designated purpose.
- Ability to conduct meetings and communicate well with onshore partners.
- Experience in conducting contract reviews
WTW is an Equal Opportunity employer.
