Lead Benefits Consultant, Healthcare and Pharmacy Innovation

The pay range is $95,000.00 - $171,000.00 Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits . Lead Healthcare Consultant, Healthcare & Pharmacy Innovation About Us Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture.  Learn more about Target here .    Target Human Resources is well known for its signature ability to build the very best teams, and we infuse our work with Target’s distinctive retail brand by continuously experimenting, evolving and innovating. With the chance to positively impact nearly 400,000 people worldwide in our stores, distribution centers and headquarters, you will be a strategic partner to both the leaders and team members who elevate and nurture the Target guest experience. Working within Total Rewards & Shared Services you will provide expertise and support to ensure that Target continues to provide competitive compensation and benefit offerings as part of our strategic vision to attract and retain top talent through industry-leading, inclusive, differentiated total rewards package designed to meet the unique needs of our team members, while fueling Target’s performance.   As the Lead Benefits Consultant, Healthcare and Pharmacy Innovation , you will lead the development and execution of innovative healthcare strategies that improve quality, affordability, and team member experience across Target’s health benefits portfolio. Serving as a subject matter expert in healthcare and pharmacy strategy, you will identify opportunities to optimize total cost of care through data-driven insights, market trend analysis, and strategic partnerships. In this role, you will lead innovation initiatives, evaluate emerging solutions, support financial modeling and contracting efforts, and partner with stakeholders to advance integrated healthcare and pharmacy strategies. A key focus will include specialty pharmacy management, pharmacy benefit optimization, and healthcare trend mitigation. This position plays a critical role in shaping Target’s healthcare strategy by balancing financial performance with innovative solutions that improve health outcomes and team member experience Core Responsibilities Execute healthcare innovation and trend management initiatives to optimize total cost of care, improve outcomes, and enhance the team member experience, with a focus on pharmacy and specialty drug strategies. Support healthcare and pharmacy strategy through analysis of benefit design, vendor performance, specialty programs, emerging care models, and evolving market solutions. Manage and optimize healthcare and pharmacy programs, ensuring alignment with financial, operational, and member experience objectives. Identify, evaluate, and pilot innovative healthcare and pharmacy solutions, establishing test-and-learn approaches and scaling successful initiatives. Develop business cases, financial models, and ROI analyses to assess the value and impact of proposed strategies. Partner in healthcare and pharmacy financial planning, forecasting, and trend management to improve predictability and financial performance. Support vendor selection, RFP