What are the responsibilities and job description for the Director - Pharmacy Consulting position at WTW?
As a Pharmacy Director, you will contribute to new strategic and innovative initiatives for our pharmacy business while leading highly visible client engagements. You will serve as a key voice to the marketplace of one of the world’s leading HR consulting firms and will contribute to the evolution of pharmacy and broader health care delivery in the United States. The ideal candidate brings influence and strategic thinking to address unique client needs in the pharmacy space and to more broadly evolve our practice. You will collaborate with a strong team of highly experienced consultants within the pharmacy practice as well as engage in cross functional activities with other health and benefits colleagues and subject matter experts who together deliver unparalleled value to our clients and the broader pharmacy community.
Responsibilities:
- Deliver tangible and measurable contributions around pharmacy innovation that can be leveraged nationally.
- Driving new relationships and sales
- Materially grow pharmacy benefits revenue through serving as the pharmacy benefits expert in new client pursuits by crafting and selling solutions to meet their needs
- Provide pharmacy benefit consulting to complex, forward-thinking employers.
- Serve as part of a team of consultants as the lead pharmacy strategic partner and trusted advisor to clients in the design and management of their pharmacy benefit programs including:
- Designing and executing on innovative engagement design and approaches
- Advising on the latest industry trends
- Pharmacy Benefits Manager (PBM) vendor procurement and negotiation
- Audits of PBM performance (financial and operational)
- Plan analysis, design, cost-savings and member engagement strategies
- Strategy for effectively managing pharmacy benefits aligned with broader health care goals
- Specialty drug management
- Partner closely with the financial, actuarial and analytics, health equity and wellbeing, and other related cross functional WTW teams to define a multi-year strategy for expanding the comprehensiveness of our integrated pharmacy and clinical offerings
- Spearhead the development of new pharmacy approaches, meet with vendors to understand the opportunities for strategic partnerships and pharmacy solution opportunities
- Contribute pharmacy and related perspectives to broader health and benefits strategy and growth
- Support strategic partnerships, including launch, maintenance and enhancements of partnership offerings
- Demonstrate extensive leadership ability by directly managing and/or mentoring other consultants
