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Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.Job Posting TitlePharmacy Trade Relations Strategy Director - RemoteJob DescriptionThe Pharmaceutical Trade Relations Strategy Director facilitates Medicare and Medicaid l formulary strategy development and execution and helps ensure the promotion and success of Trade Strategies related to formulary development, rebate optimization and cost savings opportunities for Prime’s clients. This position aids in the ideation, promotion and presentation of Trade strategies to internal stakeholders and clients and works collaboratively with key internal stakeholders including Clinical, Clinical Program Management, and Utilization Management to deliver financial opportunities to Prime’s clients.Responsibilities
Ensure coordination between internal and external stakeholders to actuate formulary strategy related to the development and implementation of strategic initiatives concerning pharmaceutical manufacturers
Direct or manage a team of analysts to guide the approach in solving complex pharmaceutical problems, including intricate financial analysis
Maintain an understanding of present and future competitive pharmaceutical landscape entailing ability to forecast changes to the pharmaceutical market; aid in development of actionable strategies to address these changes
Consult with and provide direction to Prime’s Medicare clients utilizing custom formularies to lower Net Plan Liability with rebate strategies and lower costs for their members
Determine the financial viability of current and proposed patent cliff opportunities
Serve as interdepartmental bridge between Trade, Clinical Program Management, Clinical, Utilization Management and other stakeholders to propagate trade strategies
Lead department level meetings related to strategic planning; represent Trade Relations and provide subject matter expertise related to commercial strategy in interdepartmental meetings, such as quarterly business committee meetings
Participate in senior-level client engagement activities with external stakeholders to educate Prime clients, promote trade strategies, etc.
Other duties as assigned
Minimum Qualifications
Bachelor’s degree in business, healthcare or related field or equivalent combination of education and/or related work experience
8 years of related work experience to include:
5 years of experience in a PBM, healthcare or insurance organization
5 years of financial analysis experience
2 years of Trade/Rebate experience
Must be eligible to work in the United States without need for work visa or residency sponsorship
Additional Qualifications
Must be decisive, results-driven, intuitive and intellectually curious to quickly assess complex situations and take calculated risks to receive desired outcomes
Excellent verbal and written presentation skills with demonstrated communication and financial presentation skills
Ability to establish rapport and build relationships at all levels within organizations
Proven financial acumen and data analysis skills, with advanced proficiency in Access/Excel
Preferred Qualifications
Deep knowledge of and experience with the specialty pharmacy, networks and trade functional areas within the PBM industry
Current or recent CPHT certification, basic clinical knowledge and familiarity with drugs and their use
Familiarity with Medicare Part D benefit design and financial considerations
Familiarity and skill to interpret contract language
Prior supervisory/management experience
Minimum Physical Job Requirements
Ability to travel up to 25% of the time
Constantly required to sit, use hands to handle or feel, talk and hear
Frequently required to reach with hands and arms
Occasionally required to stand, walk and stoop, kneel, and crouch
Occasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus
Reporting Structure
Reports to Sr Director in the Pharm Trade Relations department
Potential pay for this position ranges from $122,700.00 - $196,100.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page (https://www.primetherapeutics.com/careers/benefits/) and click on the "Benefits at a glance" button for more detail.Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, genetic information, marital status, family status, national origin, age, disability, veteran status, or any other legally protected class under federal, state, or local law.Prime Therapeutics' fast-paced and dynamic work environment is ideal for proactively addressing the constant changes in today's health care industry. Our employees are involved, empowered, and rewarded for their achievements. We value new ideas and work collaboratively to provide the highest quality of care and service to our members.If you are looking to advance your career within a growing, team-oriented, award-winning company, apply to Prime Therapeutics today and start making a difference in people's lives.Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1.866.469.1257 or email Careers@primetherapeutics.com.
