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Willis Towers Watson Pharmacy Financial Analyst in Parsippany, New Jersey

As a Pharmacy Benefits Financial Analyst you will contribute to a wide variety of complex projects involving the 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 that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

  • Perform financial analyses including cost savings and data analysis projections, review and update of pricing and other analytical models

  • Develop value propositions and other related documents for client prospects including pharmacy contracts

  • Analyze and compare vendor products, services and contracts

  • 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 and presentation of select client deliverables

The Requirements

  • 1-2 years’ experience dealing with the financials of pharmacy or broader health and welfare plans, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company; alternatively, some exposure to, and interest in, health and benefits/pharmacy plans

  • 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

  • Strong written and verbal communication skills

  • Self-starter attitude and ability to work individually and as part of a team

  • Strong analytical, creative and integrative skills

  • Excellent Microsoft Office skills, particularly in Excel and PowerPoint

  • Bachelor’s degree required, preferably with significant quantitative coursework

  • State Life and Health license required within 90 days of joining

  • Pursuit of CEBS designation, or health and welfare actuarial / underwriting training desired

EEO, including disability/vets (