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Marsh & McLennan

Brokers insurance and runs risk and HR consulting

Pharmacy Claims and Rebates Audit Consultant

Full-TimeUpdated on 10/24/2026
$102.5k - $204.5k+ Performance-based incentives
Senior, Expert
Bachelor's, MBA, PharmD
San Francisco, CA, USA+8 moreMore locations: Los Angeles, CA, USA | Dallas, TX, USA | Chicago, IL, USA | Charlotte, NC, USA | St. Louis, MO, USA | New York, NY, USA | Phoenix, AZ, USA | Atlanta, GA, USA
HybridHybrid role: at least three days per week in the local office or onsite with clients.
Consulting
Company Does Not Provide H1B Sponsorship

About the job

Requirements
  • A bachelor's degree in pharmacy, healthcare, business, finance, analytics, or a related field is required.
  • At least 8 years of experience in pharmacy claims auditing, PBM operations, pharmacy benefit consulting, or health plan administration is required.
  • Excellent knowledge of pharmacy benefits, claims adjudication, formulary administration, and specialty pharmacy is required, including strong command of pharmacy claim fields and data elements and their meaning for claim processing and payment.
  • Strong knowledge of PBM contract terms, pricing methodologies, and pharmacy rebate structures, including guarantees, pass-through, and reporting, is required.
  • Client-facing experience in a consulting environment, with the ability to partner effectively with internal consultants, is required.
Responsibilities
  • Lead end-to-end pharmacy claims and rebate audits for complex, high-visibility clients, applying working knowledge of pharmacy claims data and claim fields and components—including NDC, days' supply, quantity, ingredient cost, dispensing fee, copay/coinsurance, DAW code, prior authorization, and plan/formulary edits—to identify manually and analytically claims that were mispriced, misadjudicated, or paid outside contract or plan terms.
  • Translate PBM contracts, pricing guarantees, formulary terms, and rebate agreements into audit scope and defensible sample selection using analytics and SaaS tools.
  • Oversee claim and rebate review activity, ensuring consistent methodology, sound judgment, and clear documentation across the team.
  • Quantify financial impact, evaluate vendor responses, and drive issues to final resolution.
  • Serve as the primary client contact, presenting methodology, findings, and recommendations.
  • Partner with internal consultants as the pharmacy audit subject-matter expert.
  • Identify opportunities to expand services and support new business development, while driving innovation in audit methodology, tools, and practice capabilities.
  • Mentor team members and serve as a key quality checkpoint for audit work.
  • Work in an environment that uses AI and technology-enabled tools.
Desired Qualifications
  • Demonstrated experience leading complex, analytics-driven pharmacy audits.
  • A growth- and innovation-oriented mindset, with a track record of improving processes, tools, or methodology and/or supporting business development.
  • Strong leadership presence, with the ability to mentor and elevate others while remaining hands-on in audit execution.
  • An advanced degree, PharmD, RPh, MBA, CPA, or another relevant credential.
  • Experience with specialty pharmacy, Medicare Part D, or broader PBM financial performance audits.
  • Prior experience formally managing or supervising staff.

About the company

Marsh & McLennan Companies, which operates under the Marsh brand, is an insurance broker and consulting group serving businesses, governments and institutions worldwide. Its Marsh Risk unit arranges property, casualty, cyber and employee-benefit coverage, while Guy Carpenter places reinsurance for insurers. Mercer advises employers on pay, benefits, retirement and investments, and Oliver Wyman, Lippincott and NERA handle strategy, brand and economic consulting. Brokers earn commissions and fees from placing coverage, and consultants bill client fees or charge fees based on assets or plan members. The company traces its roots to 1871 and is headquartered in New York City.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

New York, NY

Founded

1871

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Simplify's Take

What believers are saying

  • Consulting drives growth: Mercer and Oliver Wyman's group grew 8% organically in the June 2026 quarter, versus 3% for broking.
  • Profits cushion jobs: Marsh kept about 27 cents of operating profit per sales dollar in 2025, before one-time costs.
  • Many career paths under one employer: 95,000+ colleagues span broking, reinsurance, benefits and strategy consulting in 130 countries.

What critics are saying

  • Expect cuts: Thrive, announced October 2025, sets aside $500 million, mostly severance and technology, to save $400 million yearly.
  • Pricing works against broking: Marsh's index shows commercial rates fell 6% in the June 2026 quarter, an eighth straight drop.
  • Back-office roles are being consolidated: a Business and Client Services unit is pooling operations and technology teams company-wide.

What makes Marsh & McLennan unique

  • Consulting is a third of the business: Mercer and the Oliver Wyman group earned 36% of 2025 revenue.
  • Investment management sets it apart: Mercer is the world's largest outsourced chief investment office, running portfolios for institutions.
  • Scale sets it apart: 2025 revenue grew 10% to $27.0 billion across broking, reinsurance and consulting.

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