Lockton · 7 hours ago
Account Executive - Pharmacy
Chicago, IL
Full-time
Onsite
Senior Level
5+ years expLockton is currently seeking an Account Executive in the Pharmacy practice to proactively drive discussions around plan performance and improve employee programs. This role involves managing client relationships, analyzing data, and coordinating with vendors to ensure high-quality reporting and client service.
Auto InsuranceInsuranceRisk Management
Responsibilities
Assists in servicing a designated or partial book of business
Manage and organize client tasks lists and open items
Develop and distribute RFP’s – market and spread results; coordinating vendor responses, analysis and comparison of RFP responses and preparation of client reports with recommendations
Work collaboratively with PBMs to collect pharmacy data, ensuring reporting is accurate, timely, and of high quality
Analyze client data in conjunction with consultants to recommend plan design changes, clinical programs, or drug formulary changes
Coordinate with centralized support on communication materials and required compliance notices as applicable
Assist in review and accuracy of all vendor agreements and/or plan/policy documents
Facilitate client service meetings
Collect data /information for baseline assessments
Assist with new vendor implementation process; request & coordinate renewal activities with all vendors
Build, manage and populate project plans for clients
Prepare client presentations, financial and clinical reports for internal and external partners
Develop client specific service calendar and manage deliverables as applicable
Attend evening and lunch events with clients to build and strengthen on-going relationships
Attendance at internal meetings/educational programs
Qualification
Required
Bachelor's Degree in a business-related field is required
Minimum 5 to 7 years' experience in the industry, specifically experience in PBMs or like
Strong customer service skills with the ability to develop strong client relationships
Strong knowledge of welfare benefits in multiple product lines (i.e. medical, dental, life, AD&D, disability) and a basic understanding of risk and insurance
Excellent computer skills; must have the ability to manipulate large spreadsheets, census data, disruption, geo-access, benchmarking data, etc
Must have mathematical/technical expertise in managing and reporting monthly claim tracking results and observations
Strong client-facing communication skills with the ability to collaborate alongside consultants to review action items, address vendor-related issues, interpret root cause analyses, and clearly articulate next-step solutions
Strong working knowledge of differing financial arrangements and products available to clients including self-funded
Excellent organizational and communication skills
Proven critical thinking and problem-solving skills
Must be available for travel
Legal right to work in the United States
Company
Lockton
Lockton provides risk management and insurance services.
10001+ employees
H1B Sponsorship
Lockton has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
Funding
Current Stage
Late StageLeadership Team
Mohammad Al Abdul Jabbar
Chief Executive Officer
Scott Bastian
Senior Vice President
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