Job Summary:

Lockton Midwest is currently seeking an Account Executive to provide technical support and serve as a point of contact for the pharmacy practice. The ideal candidate will demonstrate a high level of professionalism; possess the ability to work well in a fast-paced environment and the flexibility to easily adapt to changing priorities.



ESSENTIAL JOB DUTIES AND RESPONSIBILITIES

• Providing assistance in strategic planning and consulting advice to clients to include assistance with the production of Requests for Proposal, coordinating PBM responses, analysis and comparison of RFP responses, and preparation of a client report with recommendations
• Develop financial models and reports for clients and more senior staff, provide interpretation and implication of analysis, as well as recommendations
• Oversee the servicing of a designated book or partial book of business as relating to marketing, claims, reporting and administration
• Track day-to-day issues related to clients’ pharmacy plans and assist team members in closing out open items.
• Build and maintain client timelines for projects such as RFPs, renewals, reporting, and other projects.
• Interpret clients’ current pharmacy programs and identify/recommend gaps, alternatives, additional plan design changes, etc.
• Assist in developing an implementation plan with client and serve as primary lead on PBM implementation calls and meetings.
• Assist in the review of all agreements and/or documents related to client’s business
• Meet with clients in conjunction with Team or Company Leadership to review a) pharmacy utilization, b) abnormal utilization results, c) monthly claims experience, d) set strategies and goals
• Facilitate meet and greets with PBMs or other vendors in the market
• Research and understand industry trends and PBM product offerings
• Maintain knowledge of and on applicable governmental compliance and regulations in order to educate and consult client(s)
• Other responsibilities as assigned and/or needed

Requirements:

EDUCATION, EXPERIENCE, AND SKILLS REQUIRED

• A Bachelor's Degree in a business related field or equivalent experience in the insurance industry
• A minimum of 1-2 years' experience in the insurance industry, specifically in employee welfare benefits
• Knowledge the Pharmacy Benefit Management (PBM) industry
• Demonstrate advance knowledge of PowerPoint, Word, and Excel
• Strong verbal and interpersonal communication skills including but not limited to building rapport, negotiating and persuading
• Strong customer service skills, with the ability to develop strong client relationships with multiple clients
• Strong working knowledge and experience with the broker and or employee benefits industry
• Ability to interact with vendors effectively
• Excellent computer skills including word processing and spreadsheet expertise
• Excellent organizational and communication skills
• Legal right to work in the United States

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