At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us.
Job Posting TitleAVP Strategic Sourcing - REMOTEJob DescriptionThe Assistant Vice President Strategic Sourcing will lead and develop the strategic sourcing, contracting management, and procurement teams, will influence business partners in a fast-paced and matrixed environment for optimal business outcomes, assess and implement appropriate contracting tools and software, and execute a sourcing and vendor consolidation strategy to manage supplier spend for all corporate and operations contracting, including IT hardware & software, pharmaceuticals, and pharmacy supplies.
Responsibilities
- Develop and implement a comprehensive strategy for the transformation and optimization of strategic sourcing, contracting, and procurement through process improvements that drive efficiency and reduce friction
- Implement a long-term vendor consolidation to meet the needs of our evolving business, align to operational and strategic goals, and optimize vendor value and spend, with a focus on cost reduction
- Through collaboration with key stakeholders, explore, assess and implement contracting enhancement tools to include contracting repository, progress tracking and dashboarding capabilities, contract abstracting, manage pricing evaluations, and predictive workloads and workload balancing
- Partner with stakeholders in vendor management, vendor performance, finance, legal, and operations to execute automated solutions and integrations between key business areas (inputs/outputs), and partner with business areas for ongoing enterprise vendor strategies
- Direct and collaborate with enterprise-wide vendor risk management program and report program outcomes to various committees and vendor board while striving towards ongoing efficiencies and improvements
- Partner with Legal to ensure comprehensive contract templates are in place; direct the development and ensure execution of consistent standards, controls, policies, procedures and performance metrics
- Develop and foster a culture of continuous improvement, working with direct reports to provide guidance and direction on process and system improvements to support future growth
- Manage department budget, staffing, performance, and development, and consistently demonstrate Prime’s leadership expectations during interactions with direct reports, cross functional and external stakeholders
- Other duties as assigned
Minimum Qualifications
- Bachelor’s degree in sourcing, accounting, finance, economics, or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required
- 12 years of progressive work experience leading/managing diverse teams across sourcing, finance, systems management, etc.
- 8 years of leadership/people management experience
- Must be eligible to work in the United States without the need for work visa or residency sponsorship
Additional Qualifications
- Strong understanding of contracting management practice and tools
- Experience assessing, developing future state recommendations and implementing ERP and reporting systems
- Ability to establish rapport, build relationships, and collaborate effectively across departments and at all levels within the organization.
- Demonstrated leadership and influencing skills with the ability to lead and drive change
- Proven experience inspiring cross-functional teams to meet business objectives with outstanding results
- Excellent facilitation, presentation, and consultative skills; demonstrated ability to distill complex concepts or situations into concise and compelling communications to both technical and non-technical audiences
Preferred Qualifications
- Master’s degree in business or related area of study
- Broad experience across contracting management tools such as Cobblestone, DocuSign, Salesforce, etc.
Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures
Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.
Potential pay for this position ranges from $164,000.00 - $279,000.00 based on experience and skills.To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits).
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, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local 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.
Skills Required
- Bachelor's degree in sourcing, accounting, finance, economics, or a related field, or equivalent education and relevant work experience; high school diploma or GED required.
- 12 years of progressive work experience leading or managing diverse teams across sourcing, finance, systems management, or related areas.
- 8 years of leadership or people management experience.
- Eligible to work in the United States without work visa or residency sponsorship.
- Strong understanding of contracting management practices and tools.
- Experience assessing, developing future-state recommendations, and implementing ERP and reporting systems.
- Ability to establish rapport, build relationships, and collaborate effectively across departments and organizational levels.
- Demonstrated leadership and influencing skills, with the ability to lead and drive change.
- Proven experience inspiring cross-functional teams to meet business objectives with outstanding results.
- Excellent facilitation, presentation, and consultative skills, including the ability to communicate complex concepts to technical and non-technical audiences.
- Master's degree in business or a related field.
- Experience with contracting management tools such as Cobblestone, DocuSign, and Salesforce.
Prime Therapeutics Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Prime Therapeutics and has not been reviewed or approved by Prime Therapeutics.
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Healthcare Strength — Health coverage is described as comprehensive, with medical, dental, and vision options and plan designs that include low deductibles for some choices. Wellness screenings and related incentives add perceived value to the health offering.
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Retirement Support — Retirement benefits stand out through a 401(k) match that is characterized as generous and immediately vested. This structure improves the overall long-term value of the total rewards package.
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Strong & Reliable Incentives — Annual incentive bonuses are positioned as a meaningful component of total compensation and are often portrayed as substantial when performance goals are met. Incentive eligibility appears broadly available across roles, boosting the perceived completeness of rewards.
Prime Therapeutics Insights
What We Do
Everything we do is connected to helping people get the medicine they need to feel better and live well. It’s meaningful work and we’ve been doing it for over 20 years. In the pharmacy benefit management (PBM)industry, we’re different. We’re owned by 18 not-for-profit Blue Cross and Blue Shield health plans. This allows us to control costs and empower our employees to put members first. It’s a successful combination. We have the lowest pharmacy trend in the industry and serve 28+ million members throughout the US. In addition to core PBM services, we work closely with our clients to implement the right benefit design, clinical and specialty programs, formulary and networks. A few key products: • NetResults™ • Specialty Drug Management • Best in Care™ • GuidedHealth® • Advanced Fraud, Waste and Abuse: Member and Prescriber Investigations • Prime Analytics™ • CareCentered Contracting™Controlled Substance Management Program Join us! Prime is always looking for smart, purposeful people to join our team. We’re growing fast which means there are plenty of opportunities to advance and grow in your career. At the same time, Prime supports flexibility and offers generous PTO so you can enjoy an enviable work/life balance. We’re a privately held company -big enough to make a difference and small enough for you to have an impact. Follow Prime on LinkedIn to learn more.








