VP, Pharmacy Analytics

Company: Lockton Companies
Location: Dallas
Posted on: April 4, 2025

Job Description:

At Lockton, we're passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We're active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.Secondary locationsHouston, San Antonio, Plano, Kansas CityLockton Dunning Benefits is currently seeking a VP, Pharmacy Analytics, you will lead and oversee operations related to Pharmacy Analytics practice for Commercial, Hospital Systems, and Health Plan clients. Your team provides support for Pharmacy Benefit analytics to all lines of Health and Welfare assisting with Pharmacy Procurement, Market Checks, Reconciliation, and Analytics.Our ideal manager will demonstrate - and model for the team - a high level of professionalism, an ability to embrace our friendly and ambitious culture, the capability to thrive in a fast-paced environment, and the flexibility to easily adapt to changing priorities. You will be an important contributor in the realization of our mission to revolutionize insurance to protect what matters.Responsibilities

• Provide strategic oversight of pricing analytics and reconciliation function for the Pharmacy Analytics Team.
• Lead day-to-day operations for intake and work assignment for Pharmacy procurement marketing, Reporting, Analytics, and contract set up.
• Collaborate with internal client service teams to ensure timely delivery of client commitments.
• Manage special analytics projects focused on client specific and business trends.
• Foster relationships with carriers to enhance processes and set clear expectations.
• Coach, train, and motivate teams to achieve quality objectives and maintain a high-performance culture.
• Cultivate a fun, collaborative, creative, and enthusiastic work environment.
• Maintain a thorough understanding of technologies, platforms and tools needed for RFP processes, contract requirements, reconciliations, and reporting.
• Oversee the maintenance of RFP analytics methodologies and tools based to keep up with evolving market strategies and forces.
• Conduct regular trainings on Pharmacy Analytics and changes.
• Work with external vendors to keep up with changes in procurement process and questionnaire.
• Develop and manage the analytics budget, ensuring efficient allocation of resources.
• Ensure adherence to established quality standards and drive continuous improvement.
• Establish performance baselines and implement strategies to improve productivity, timeliness, and quality.
• Maintain and update team documents, files, standards, operating procedures, and guidelines.
• Identify competing timelines and engage team members and cross-functional teams to prioritize deliverables.
• Interface with strategic partners to address issues and trends.
• Identify and implement process improvements while maintaining strong account team relationships.
• Review, delegate, and respond to carrier partners requests and inquiries.
• Maintain a high level of professionalism and urgency to meet client and account team expectations.
• Ensure the team serves as an effective resource for account teams and partners.
• Perform other duties as assigned or requested.Qualifications
• Bachelor's Degree required; Master's Degree preferred.
• Minimum of 15 years of experience, including 7+ years of management experience in healthcare and data analytics.
• Advanced knowledge of healthcare payer financial analytics, data concepts, and statistical analysis.
• Proven track record of leading successful analytics initiatives that have driven significant business impact.
• Extensive knowledge of analytics coverages and services.
• Experience with putting together statement of work for Analytics services including estimated level of effort and pricing.
• Thorough understanding of PBM contracts, performance terms and financial terms.
• Strong internal and external customer service skills with the ability to develop sound client relationships.
• Demonstrated ability to instill confidence and comfort with clients and representatives.
• Excellent leadership and team management skills, with the ability to inspire and motivate a diverse team.Equal Opportunity StatementLockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.About LocktonLockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000+ Associates doing business in over 100 countries are empowered to do what's right every day.At Lockton, we believe in the power of all people. You belong at Lockton.How We Will Support YouAt Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.
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Keywords: Lockton Companies, Dallas , VP, Pharmacy Analytics, Healthcare , Dallas, Texas