Pharmacy Trade Relations Director Sr - Remote

Reposted 14 Days Ago
Be an Early Applicant
Hiring Remotely in Home, PA, USA
In-Office or Remote
164K-279K Annually
Senior level
Insurance
The Role
The Pharmacy Trade Relations Director Sr leads Prime's Trade Relations program, managing partner relationships, driving product strategies, negotiating contracts, and enhancing outcomes for stakeholders.
Summary Generated by Built In

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 Title

Pharmacy Trade Relations Director Sr - RemoteJob Description

The Pharmaceutical Trade Relations Senior Director is responsible for managing Prime's Trade Relations program(s) for medical and pharmacy strategies and all related partner/customer relationships. This position is accountable for the execution of programs and solutions that drive strategic product decisions, pharmaceutical manufacturer contract decisions, and related client messaging. This position is also responsible for analyzing and enhancing contract performance, negotiations, agreement execution, training of internal teams and driving outcome value to internal and external stakeholders.

Responsibilities

  • Partner internally with Prime teams to align strategies and negotiate with external partners; collaborate on rebate bid analysis and rebate agreement process to ensure alignment with corporate goals, performance standards and expected outcomes
  • Partner with the AVP Pharmaceutical Trade Relations in the development and implementation of strategic initiatives and collaborate with key internal teams to create program/product value to clients, members, providers, and pharmaceutical manufacturers
  • Support client alignment and adoption of strategies; providing direction in messaging and pull-through of strategies with internal stakeholders, including but not limited to, Trade Client Services
  • Working closely with AVP Pharm Trade Relations, partner with Prime's Group Purchasing Organization (GPO), directing work related to pharmacy formulary development, market access functions of branded pharmaceutical manufacturers, and ongoing evaluation of drug therapy classes; ensures effective communication and strategic collaboration with GPO
  • Manage external and internal relationships necessary to position products and solutions within the market or with pharmaceutical manufacturers
  • Represent company objectives and perspective to external partners (i.e., pharmaceutical manufacturers, clients, marketplace, medical professionals, etc.) and communicate to ensure understanding of mutual objectives
  • Ensure manufacturers' products are brought forth internally to evaluate rebate and formulary opportunities for Prime's business
  • Serve as a department resource for escalated client issues, contract analysis, and contract language needs in rebate contracting
  • Represent Trade Relations on committees to identify net-cost effective policy opportunities; support client alignment and adoption of strategies; assure communication with committee members
  • Other duties as assigned

Minimum Qualifications

  • Bachelor's degree in business, healthcare management or other related field of study or equivalent combination of education and/or related work experience; HS diploma or GED is required
  • 10 years of related work experience in healthcare, pharmacy benefit management (PBM), pharmaceutical sales, analytical contracting or business development.

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
  • Ability to establish rapport and build relationships at all levels within an organization
  • Expert negotiation and influencing skills
  • Strong business and financial acumen, with advanced proficiency in Excel and PowerPoint

Preferred Qualifications

  • MBA, other graduate work, or equivalent training and/or experience
  • Experience within the PBM industry, Medicaid, Medicare, and health plans
  • Pharmacist / Pharm D
  • Experience with contract language and risk mitigation concepts

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.

Top Skills

Excel
PowerPoint
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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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