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Business Consultant - Pharmacy Benefit Management

Anticipated End Date:

2025-04-25

Position Title:

Business Consultant - Pharmacy Benefit Management

Job Description:

Business Consultant - Pharmacy Benefit Management

Location: Atlanta, GA; Mason, OH; Wallingford, CT (preferred). Alternate locations may be considered. This position will work in a hybrid model (remote and office). The ideal candidate will live within 50 miles of one of our Elevance Health PulsePoint locations.

PLEASE NOTE: This position is not eligible for current or future sponsorship.

CarelonRx Pharmacy is now part of CarelonRx (formerly IngenioRx), a proud member of the Elevance Health family of companies. The CarelonRx Home Delivery Pharmacy will deliver a digital first pharmacy experience that is convenient, simpler to use, and more affordable for our patients and payors. Our Pharmacy model focuses on whole person care, providing the best member experience to drive adherence, affordability, and improved overall health outcomes by putting the patient first.

The Business Consultant is responsible for translating moderately complex and varied business needs into application software requirements. Possesses full technical knowledge of most phases of systems and business analysis and is able to consider the business implications of the application of technology to current and future business environments.

How you will make an impact:

  • May lead teams of analysts assigned to complex projects.
  • Determines specific business application software requirements to address complex and varied business needs.
  • Analyzes and designs solutions to address complex and varied business needs.
  • Consults with business partners concerning application and implementation of technology.

Minimum Requirements:

  • Requires a BA/BS and minimum of 8 years business analysis experience, which should include analysis and project management; or any combination of education and experience which would provide an equivalent background.

Preferred Skills, Capabilities and Experiences:

  • Knowledge of systems capabilities and business operations is strongly preferred.
  • Pharmacy Benefit Management (PBM) experience preferred.
  • Experience working in an Agile environment preferred.
  • Proficiency with JIRA and/or Microsoft Visio as tools for managing and documenting business needs higly preferred.
  • Competency in data analysis and presentation using Power BI, Tableau, SQL, and Excel strongly preferred.
  • Strong problem-solving and critical thinking abilities, with a proactive approach to identifying and addressing issues preferred.
  • Strong communication skills with the ability to translate complex data into clear, actionable insights preferred.
  • Detail-oriented, results-driven, and a collaborative team player preferred.
  • Proven ability to manage multiple complex projects simultaneously, with strong attention to detail and adherence to timelines preferred.
  • Experience with analyzing and reporting data in order to identify issues, trends, or exceptions to drive improvement of results and find solutions preferred.

Job Level:

Non-Management Exempt

Workshift:

1st Shift (United States of America)

Job Family:

BSP > Business Support

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

Average salary estimate

$110000 / YEARLY (est.)
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$90000K
$130000K

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What You Should Know About Business Consultant - Pharmacy Benefit Management, elevancehealth

Elevance Health is on the lookout for a talented Business Consultant in Pharmacy Benefit Management to join our vibrant team in Atlanta, GA, located at 740 W Peachtree St NW. This position is part of CarelonRx, a key player in our mission to revolutionize the pharmacy experience by integrating technology and patient-first approaches. As a Business Consultant, you’ll be at the forefront of transforming complex business needs into actionable application software requirements. Your insights will lead to effective solutions that enhance our members’ experiences and improve health outcomes. With a focus on collaboration, you may even have the chance to guide teams of analysts on pivotal projects. You’ll utilize your robust experience in business analysis, preferably with Pharmacy Benefit Management expertise, to consult with partners on the best practices in technology application. We’re seeking a candidate who is detail-oriented and competent in project management, with proficiency in tools like JIRA and Power BI. If you enjoy solving problems and translating data into clear insights, you’ll thrive in our dynamic hybrid environment. Plus, you'll be happy to know that at Elevance Health, we value personal growth and success, offering a competitive benefits package designed to support you every step of the way. Join us in making healthcare simpler and more accessible!

Frequently Asked Questions (FAQs) for Business Consultant - Pharmacy Benefit Management Role at elevancehealth
What are the main responsibilities of a Business Consultant - Pharmacy Benefit Management at Elevance Health?

The Business Consultant - Pharmacy Benefit Management at Elevance Health is responsible for translating complex business needs into software requirements, analyzing and designing solutions, and consulting with business partners on technology applications. The role also includes leading teams of analysts on complex projects, ensuring that business operations are enhanced through effective software solutions.

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What qualifications do I need to become a Business Consultant - Pharmacy Benefit Management at Elevance Health?

To qualify for the Business Consultant - Pharmacy Benefit Management role at Elevance Health, you typically need a BA/BS and a minimum of 8 years of business analysis experience. Preferred candidates will have expertise in Pharmacy Benefit Management (PBM), project management skills, and proficiency in data analysis tools such as Power BI, Tableau, and SQL.

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What is the work environment like for a Business Consultant - Pharmacy Benefit Management at Elevance Health?

The work environment for a Business Consultant - Pharmacy Benefit Management at Elevance Health is hybrid, encouraging both in-office and remote work. Candidates are expected to reside within 50 miles of an Elevance location and may work onsite at least once a week, promoting a collaborative and flexible atmosphere that supports team dynamics and personal productivity.

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Does Elevance Health provide any additional training for Business Consultants - Pharmacy Benefit Management?

Yes! Elevance Health is committed to the continuous development of its employees, including Business Consultants - Pharmacy Benefit Management. They offer various training resources and professional development opportunities to help associates grow their expertise in business analysis, project management, and pharmacy benefit management.

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What benefits can a Business Consultant - Pharmacy Benefit Management expect at Elevance Health?

Business Consultants - Pharmacy Benefit Management at Elevance Health can expect a competitive benefits package that includes merit increases, paid holidays, Paid Time Off, and incentive bonuses. Additional benefits include healthcare coverage (medical, dental, vision), 401(k) matching, life insurance, wellness programs, and opportunities for financial education.

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Common Interview Questions for Business Consultant - Pharmacy Benefit Management
Can you describe your experience with business analysis in a healthcare context?

When answering this question, consider detailing specific projects you've worked on where you translated business needs into software solutions. Highlight any relevant tools and methodologies you've used, especially in the Pharmacy Benefit Management sector.

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How do you prioritize tasks when managing multiple complex projects?

Discuss your method of prioritization, emphasizing time management strategies, such as utilizing project management tools or techniques like the Eisenhower Matrix to distinguish between urgent and important tasks.

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What approaches do you use for data analysis and reporting?

Share your experience with specific tools (like Power BI or SQL) for data analysis. Explain the process you follow to analyze data, identify trends, and generate reports that drive business decisions.

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Can you provide an example of a successful solution you developed to meet a complex business need?

When providing your example, be specific about the problem, your solution approach, and the outcomes. Use the STAR method (Situation, Task, Action, Result) to structure your response effectively.

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How do you handle disagreements with stakeholders during a project?

Discuss your communication style and conflict resolution techniques. Stress the importance of collaborative problem solving and how you maintain focus on project goals while addressing stakeholder concerns.

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What do you think are the key challenges in Pharmacy Benefit Management today?

Reflect on current trends and challenges within Pharmacy Benefit Management, including regulatory changes and technology integration. Show that you have a deep understanding of the PBM landscape and can contribute strategic insights to the team.

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Describe your experience working in an Agile environment.

Talk about familiarity with Agile methodologies, how you've adapted to sprints, stand-ups, and retrospectives, and how Agile has benefited your project management practices.

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How do you ensure that your proposed solutions align with business goals?

Highlight how you assess business objectives during the project planning stages. Discuss the importance of stakeholder engagement and iterative feedback to keep solutions aligned with overall business strategies.

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What role do communication skills play in your work as a Business Consultant?

Emphasize the necessity of clear communication for success in consulting. Detail how you facilitate discussions with technical teams and non-technical stakeholders to ensure mutual understanding and project success.

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How do you stay updated on industry trends and developments in pharmacy benefit management?

Discuss methods such as attending conferences, participating in webinars, or following reputable industry publications. Show your commitment to lifelong learning and how it enhances your contributions as a consultant.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 13, 2025

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