Pharmacy Benefit Manager-Healthcare Consulting

Cognizant North America

life insurance, parental leave, paid time off, paid holidays, 401(k)

United States, New Jersey, Teaneck

May 07, 2025

COGNIZANT CONSULTING

Within Cognizant is Cognizant Consulting, a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 6,000 consultants worldwide, Cognizant offers high-value consulting services that improve business performance and operational productivity, lower operational expenses and enhance overall performance. Clients draw upon our deep industry expertise, program and change management capabilities, and analytical objectivity to help improve business productivity, drive technology-enabled business transformation and increase shareholder value. We provide a number of Business/IT Consulting Services including Business Strategy, IT Strategy & Roadmap Development, Process Re-Engineering & Transformation, Enterprise Architecture & Technology Selection, and Domain Solutions. The Cognizant Consulting team is a high performing organization that is continually expanding our client base and increasingly being recommended by analysts such as Forrester and Gartner. And we're growing!

The Role

Our Healthcare consulting practice is looking for Consulting Principal i.e. Associate Directorr who can deliver within Cognizant's Five Pillars of Consulting Excellence, which are: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, & 5) People Development. As a Manager, Consulting (which is a Senior Manager level position) this means leading a team of Consultants through a client-facing engagement, managing escalations, and serving as a the owner of a workstream; maintaining expertise in your domain; meaningfully contributing to the sales process through a mix of RPI development, client presentations, financial modeling, pricing strategy, and flawless delivery; creating service offerings and/or client partner training materials; and contributing to PeopleCare initiatives, recruiting, and mentoring. In addition to enabling consulting excellence through the Five Pillars of Consulting, the specific requirements for this position are below.

Our solutions are in demand and we're passionate about making a difference. If you have experience with the above, are a selfless leader, and are committed to client-facing environment; if you want to grow your career with a team that wants to build something great together, we want to hear from you! Apply now!

Job Summary

The Consulting Senior Manager will play a pivotal role in driving strategic initiatives within the Healthcare Payer domain. The candidate will leverage their extensive experience to enhance operational efficiency and deliver impactful solutions. The role demands a deep understanding of industry trends and the ability to translate them into actionable strategies contributing significantly to the companys growth and societal impact.

Key Responsibilities:

* Acts as the Engagement Lead and manages teams of consultants for one or more commercial projects to ensure effective negotiations, well-aligned solution-delivery-to-plan, clear engagement governance accountabilities, profitability, and overall client satisfaction

* Assesses proposed solutions from an opportunity expansion and strategic growth perspective, including partner / alliance involvement

* Drives collaborative solutioning across cross-functional teams (e.g., aligns interests and priorities, builds shared goals, establishes cadence, enforces governance)

* Monitors and supervises as required the daily activities of project staff, including consulting and non-consulting team members

* Reviews project deliverables across workstreams from the perspective of QA, requirements alignment, and solution integration

* Leads or drives project post-mortems to extract lessons learned and to identify potential intellectual property for repurposing

* Applies strategic thinking and a transformational mindset to ensure value-add opportunities for clients

* Drives issue resolution and the escalation of engagement challenges to the appropriate levels of decision-making

Essential:

* 10+ years of strong industry experience in consulting, Digital strategy development, advisory services, or transformation programs, that also represent extensive client-facing experiences

* Bachelor's degree in information technology (IT) or equivalent in relevant business or technical discipline

* Experience with major PBM customers (OR) Experience in a large scale PBM transition program

* Experience in Pharmacy (Mail order / Specialty) area of PBMs

* Experience in successfully developing and leading consultant teams in consultant tasks (e.g., planning, task structuring, analysis, solution delivery)

* Experience in working with and managing teams using an onsite / offshore model

* Experience with business / financial data modeling and analysis

* Experience with various consulting frameworks, processes, and methodologies

* Should have a techno-functional mindset

* Should have the ability to write requirements, user stories, experience in managing large-scale requirements projects

* Should be a thought leader, have strategic thinking, understand the big picture and be able to articulate industry trends

* Should have solid PPT and storytelling skills

Desired:

* Extensive experience in client management and relationship building at the executive level

* Experience in working in global organizations and/or with global clients

* Experience in Big 4 management firms

Work Authorization

* Cognizant will only consider applicants for this position who are legally authorized to work in the United States without company sponsorship (H-1B, L-1B, L-1A, etc.)

This position is also eligible for Cognizant's discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.

The annual salary for this position is between $165,000 - $210,000 depending on experience and other qualifications of the successful candidate.

Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:

Medical/Dental/Vision/Life Insurance
Paid holidays plus Paid Time Off
401(k) plan and contributions
Long-term/Short-term Disability
Paid Parental Leave
Employee Stock Purchase Plan

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.