Director, Strategic Sourcing - Remote

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Hiring Remotely in Home, PA, USA
In-Office or Remote
108K-184K Annually
Insurance
The Role

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 Title

Director, Strategic Sourcing - RemoteJob Description

The Director of Strategic Sourcing works in partnership with all business leaders to redefine and lead a sourcing organization in a fast paced, growth-oriented environment, one that develops and executes a sourcing strategy to manage supplier spend for all corporate and operations purchasing categories at Prime, excluding IT hardware & software, pharmaceuticals, and pharmacy supplies.

Responsibilities

  • Work in partnership with Prime business partners and Strategic Sourcing Leadership to develop and refine sourcing strategies which address and meet the ever-changing needs and requirements of Prime's growing business 
  • Initiate, direct, and conduct all activities relating to evaluating, selecting, negotiating, and implementing preferred and complex supplier contracts and develop and maintain long-term relationships with Prime’s strategic suppliers
  • Identify, engage, and align with internal Prime business areas to standardize purchasing/sourcing tools and templates to improve the overall efficiency and effectiveness of the strategic sourcing process at Prime (e.g., RFP/RFIs, supplier scorecards, contracts, and agreements, etc.)
  • Manage team performance and development, motivate and drive accountability of best outcomes while consistently demonstrating Prime’s leadership expectations during interactions with direct reports, cross functional and external stakeholders; Manage team staffing needs and budget 
  • With Sourcing leadership, develop, source, and maintain a contract management database for tracking and managing contract documents and key contract terms, using the database to ensure proper document control and to manage upcoming contract renewals or negotiations as well as standardized department reporting 
  • Partner with Legal to ensure proper alignment to contract templates and execution of consistent contracting standards
  • Other duties as assigned

Minimum Qualifications

  • Bachelor’s degree in finance or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma from an accredited school or equivalent GED
  • 8 years of strategic sourcing experience, including 3 years vendor management experience
  • 5 years of leadership/people management experience
  • Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

  • Excellent written and verbal communication and organization skills
  • Ability to communicate effectively with Senior Leadership Team
  • Strong financial and analytical skills
  • Strong project management skills
  • Strong team player able to collaborate effectively with senior leaders
  • Strong project management skills
  • Strong background with Excel, Word and PowerPoint
  • Strong leadership skills with the ability grow and develop a strong team
  • Ability to work within a fast growth environment with changing priorities
  • Strong team player with the ability to work with all levels of management, to build strong, cross-functional relationships and influence without direct authority

Preferred Qualifications

  • Experience negotiating and managing complex agreements
  • Pharmacy Benefit Management contract and negotiation experience

Minimum Physical Job Requirements

  • 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 Senior Director, Assistant Vice President, or Vice President in the Finance department

Potential pay for this position ranges from $108,000.00 - $184,000.00 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.

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 (pregnancy, sexual orientation, and gender identity), 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.

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The Company
HQ: Eagan, MN
3,577 Employees
Year Founded: 1987

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.

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