“Pay scale information is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any selected candidate or employee, which is always dependent on actual experience, education, qualifications, and other factors. A full review of our comprehensive pay and benefits will be discussed at the offer stage with the selected candidate.”
This position is not eligible for Sponsorship.
MedImpact Healthcare Systems, Inc. is looking for extraordinary people to join our team!
Why join MedImpact? Because our success is dependent on you; innovative professionals with top notch skills who thrive on opportunity, high performance, and teamwork. We look for individuals who want to work on a team that cares about making a difference in the value of healthcare.
At MedImpact, we deliver leading edge pharmaceutical and technology related solutions that dramatically improve the value of health care. We provide superior outcomes to those we serve through innovative products, systems, and services that provide transparency and promote choice in decision making. Our vision is to set the standard in providing solutions that optimize satisfaction, service, cost, and quality in the healthcare industry. We are the premier Pharmacy Benefits Management solution!
Job DescriptionSummary
The Principal, Trade Initiatives provides oversight and management of key initiatives for the Trade Relations department, including projects and programs supporting regulatory compliance requirements, as well as initiatives focused on growth and new opportunities for MedImpact. The position is responsible for planning, directing, and leading the implementation and execution of initiatives while ensuring alignment to MedImpact’s strategic goals and objectives. This is a cross-functional leadership role responsible for working across business units to continuously improve services related to Trade Relations and pharmacy rebate management.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Leads initiatives to determine the potential impact of new state and federal regulatory requirements relative to MedImpact’s Trade business.
- Leads initiatives supporting rebate-related new product development opportunities and manages the development process.
- Leads the planning and development of the project plan, including identifying deliverables, milestones, scheduling, and required tasks. Ensures that all responsibilities are clearly communicated, from requirements gathering to working with cross functional departments to execute on the project plan.Manages and directs key personnel for requirements, technical analysis, design, and documentation of solutions to meet business requirements and drive problem resolution.
- Leads the implementation of any applicable regulatory requirements and growth opportunities to rebate operations and reporting. Facilitates regular status meetings to assess progress versus milestones and identify areas of potential concern in adequate time in order to mitigate risk.
- Manages risks throughout each initiative by identifying, communicating, tracking, and mitigating. Meets with personnel to provide technical advice and to resolve problems. Ensure all follow-up action items are owned and closed out by the relevant owners.
- Maintains continuous process improvement practices by contributing information and analysis to strategic plans and reviews; preparing and completing action plans; implementing production, productivity, quality, and service standards; identifying and resolving problems; completing audits; determining system improvements; implementing change to enhance quality, accuracy, and efficiency of rebate activities.
Supervisory Responsibilities
Manages assigned staff in the segment area. Responsible for the overall direction, coordination, and evaluation of the unit. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Supports and enforces all company policies and procedures in a fair and consistent manner, taking corrective action whenever necessary.
Client Responsibilities
This is an internal and external client facing position that requires excellent customer service skills and interpersonal communication skills (listening/verbal/written). One must be able to; manage difficult or emotional client situations; Respond promptly to client needs; Solicit client feedback to improve service; Respond to requests for service and assistance from clients; Meet commitments to clients.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience
BA/BS Degree; 8+ years related experience and 8+ years of SME in respective area(s); (or equivalent combination of education and experience). Must have at least 4+ years leading individual contributors and leaders of leaders; which may be substituted with an appropriate mix of leadership experience and 5 years of MedImpact experience plus an appropriate external leadership training program and internal mentorship with a seasoned leader (VP+ level) that must completed within 12 months in new position.
Computer Skills
Strong PC skills in Microsoft Office Suite.
Certificates, Licenses, Registrations
None required; PMP certification is highly desired
Other Skills and Abilities
- Excellent communication skills (written/verbal).
- Proven ability to plan and facilitate effective meetings.
- Ability to manage multiple projects simultaneously and prioritize competing demands.
- Ability to research, assess, and apply information to practices and standards.
- Good organization skills and attention to detail.
- Ability to effectively lead and influence cross-functional as well as virtual teams including remote participants.
Reasoning Ability
- Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems.
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
Mathematical Skills
- Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.
- Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Language Skills
- Ability to effectively present information to top management, public groups, and/or boards of directors.
- Ability to respond effectively to the most sensitive inquiries or complaints.
Competencies To perform the job successfully, an individual should demonstrate the following competencies:
- Business Acumen
- Directing Others
- Organizational Agility
- Conflict Management
- Drive for Results
- Political Savvy
- Customer Focus
- Innovation Management
- Strategic Agility
- Decision Quality
- Managerial Courage
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee is regularly required to stand; walk; use hands to finger, handle, or feel and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Ability to maintain clear near visual acuity at approximately 20 inches or less (i.e., “close vision”) to accurately read fine print, view computer screens, and handle small objects. Requires adequate color vision and depth perception to support safety and precision in detail-oriented tasks.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
This position may regularly be exposed to or encounter moving mechanical parts, high, precarious places, fumes, or airborne particles, toxic or caustic chemicals, outdoor weather conditions, risk of electrical shock or vibration. The noise level in the work environment is usually moderate (examples: business office with computers and printers, light traffic).
Work Location
This position works on-site at the San Diego Headquarters or other company location (or from a remote location with management approval based on business requirements). Must provide adequate support to internal clients; be available for regular interactions and coordination of work with other employees, colleagues, clients, or vendors; as well as be available to facilitate effective decisions through collaboration with stakeholders.
Working Hours
This is an exempt level position requiring the incumbent to work the hours required to fully accomplish job responsibilities and meet deadlines for work deliverables. The individual must have the flexibility to work beyond traditional hours and be able to work nights, weekends or on holidays as required. Work hours may be changed from time to time to meet the needs of the business. Typical core business hours are Monday through Friday from 8:00am to 5:00pm.
Travel
This position may require domestic travel.
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The Perks:Medical / Dental / Vision / Wellness Programs
Paid Time Off / Company Paid Holidays
Incentive Compensation
401K with Company match
Life and Disability Insurance
Tuition Reimbursement
Employee Referral Bonus
To explore all that MedImpact has to offer, and the greatness you can bring to our teams, please submit your resume to www.medimpact.com/careers
MedImpact, is a privately-held pharmacy benefit manager (PBM) headquartered in San Diego, California. Our solutions and services positively influence healthcare outcomes and expenditures, improving the position of our clients in the market. MedImpact offers high-value solutions to payers, providers and consumers of healthcare in the U.S. and foreign markets.
Equal Opportunity Employer, Male/Female/Disabilities/VeteransOSHA/ADA:To perform this job successfully, the successful candidate must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
Skills Required
- BA/BS degree
- 8+ years related experience and 8+ years SME in respective area(s)
- At least 4+ years leading individual contributors and leaders of leaders (or equivalent leadership experience)
- Strong PC skills in Microsoft Office Suite
- PMP certification
- Excellent written and verbal communication skills
- Proven ability to plan and facilitate effective meetings and manage multiple projects/prioritize competing demands
- Ability to lead and influence cross-functional and virtual teams, including remote participants
- Ability to travel domestically as needed
MedImpact Healthcare Systems Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about MedImpact Healthcare Systems and has not been reviewed or approved by MedImpact Healthcare Systems.
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Fair & Transparent Compensation — Pay is considered fair for the job in some cases, and certain technical roles are competitively compensated. Feedback suggests total compensation can be solid depending on role and market.
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Leave & Time Off Breadth — Time off includes PTO and 11 paid holidays, establishing a clear baseline. Feedback suggests accrual and holiday structures provide predictable time away.
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Healthcare Strength — Health coverage is described as decent or competitive, with medical, dental, vision, HSA, and FSA options available. Feedback suggests core health benefits meet mainstream expectations.
MedImpact Healthcare Systems Insights
What We Do
MedImpact, an independent, trend-focused pharmacy benefit manager (PBM), is the nation’s largest privately held PBM, serving health plans, self-funded employers and government entities. Our business model is unique. We focus on effectively managing client pharmacy benefits to promote Lower Cost and Better Care through One Source. Our model aligns us with our clients. We help promote prescribing of lower-net-cost, medically appropriate drugs with fulfillment at the most appropriate participating pharmacy providing competitive pricing, good value and high-quality service.
