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Job Posting Title
Sr. Director, Pharmacy Network Management – Remote
Job Description
The Senior Director of Network Management is responsible for creation and execution of network management strategies including retail, mail, specialty and quality-based networks. Accountabilities include team development and supervision, contracting and communication of network portfolio composition and value objectives. This position is responsible for oversight of Prime’s applicable network vendors to ensure market competitiveness, achieve network goals while ensuring compliance with applicable state and federal regulations. This individual is accountable for effective collaboration and coordination of activities with Network Operations, Provider Relations, Network Reporting and Analytics, Network Client Services, and Supply Chain Analytics.
Responsibilities
- Oversee the negotiation of network agreements including retail, mail, specialty and quality based with select pharmacies yielding market competitive / market leading pharmacy reimbursement methodologies that support all of Prime’s business assuring coordination with performance standards and corporate goals.
- Lead the development and implementation, in partnership with the AVP Network Management, of strategic initiatives concerning retail, specialty, mail, and quality/value-based network management to achieve Prime’s objectives.
- Collaborate with the Provider Relations team to provide direction in managing effective pharmacy and corporate relationships driving a strong and sustainable supply chain and effectively manages Prime’s network performance, client network concerns and complaints, and all issues related to pharmacy participation and reimbursement.
- Serve as a resource for escalated pharmacy or client issues.
- Oversee the network management activities of Prime’s network vendors to achieve network objectives.
- Supervise core and supplemental network contracting teams to ensure clarity of each role’s accountability and responsibilities
- Provide leadership and direction to the Network Reporting Analytics team to ensure all performance guarantees, regulations, CMS start metrics and client contractual requirements are being met for pharmacy directories, access standards, etc.; establish pharmacy performance metrics and monitoring activities including; pharmacy score cards, vendor management, client score cards and efforts to improve the performance of both clients and networks.
- Represent Network Management in key initiatives and partnerships and maintain key relationships with applicable stakeholders
- Other duties as assigned
Minimum Qualifications
- Bachelor’s degree in finance, business, management, or related field of study, or equivalent combination of education and/or related work experience; HS diploma or GED is required
- 10 years of Network Management experience within Pharmacy Benefit Management (PBM), healthcare or other highly regulated industry
- 7 years of progressive leadership experience
- Must be eligible to work in the United States without the need for work visa or residency sponsorship
Additional Qualifications
- Excellent verbal and written presentation skills
- Expert negotiation and influencing skills
- Strong attention to detail, organizational and time management skills
- Demonstrated ability to apply critical thinking skills and problem solve through difficult situations
- Leadership and motivational skills with proven ability to lead and motivate a team, serve as a mentor, develop people, and build a strong team
- Demonstrated interpersonal effectiveness with the ability to mesh client and internal business working partnerships
- Well-developed analytical, organizational, interpretive, and time- management skills
- Ability to simultaneously manage multiple projects within strict timelines
- Ability to establish rapport and build relationships at all levels within an organization
- Expert negotiation and influencing skills
Preferred Qualifications
- MBA, other graduate work, or equivalent training and/or experience
- Intimate knowledge of and experience within the PBM industry, Medicaid, Medicare, and health plans
- Familiarity with contract language and risk mitigation concepts
- Knowledge and experience in Retail Pharmacy, or working with Retail and Chain provider representatives and/or Provider Performance Indicators
- Strong understanding of the financial levers of Prime and its competitors, and industry standards/trends
- Experience working with Commercial and Medicare and/or Medicaid programs
- Track record of success in dealing effectively with complex projects entailing frequent interaction with executives
Minimum Physical Job Requirements
- Ability to travel up to 20% 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 Assistant Vice President in the Network Management department
Potential pay for this position ranges from $144,000.00 – $230,200.00 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 and click on the “Benefits at a glance” button for more detail.
Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or related condition (including breastfeeding), expecting or parents-to-be, or any other basis protected by law.
We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.
Prime Therapeutics LLC is a Tobacco-Free Workplace employer.
Positions will be posted for a minimum of five consecutive workdays.
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