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Pharmaceutical Strategies Group - PSG · 2 weeks ago

Pharmacy Benefit Consultant

United States

Full-time

Remote

Entry, Mid Level

$110K/yr - $140K/yr

2+ years exp

Pharmaceutical Strategies Group (PSG) has been dedicated to helping clients navigate drug management challenges for over 30 years. As a Pharmacy Benefit Consultant, you will lead client relationships and develop customized pharmacy benefit strategies to create cost-effective solutions, while managing vendor relationships and ensuring service level compliance.

BiotechnologyConsultingHealth CareLegal

Hiring Manager

Michael Spell

Responsibilities

Client Management

Working with industry partners (PBM and other vendors), client and PSG resources, the candidate will:

Identify and maintain appropriate multi-level client relationships and a deep understanding of client business and corporate culture resulting in high client satisfaction and retention

Develop and implement customized strategic plans based on unique client needs to achieve targeted long- and short-term goals

Track and measure vendor contract performance including operational and financial metrics

Lead and participate in ongoing client meetings including:

Vendor review

Independent strategy and performance assessment meetings

On-going operational and strategic meetings

Use analytical skills/tools to identify and present opportunities to clients that will serve to support trend management, cost savings, identify wasteful spending and potential FWA

Navigate appropriate internal PSG experts on custom projects

Support clients that wish to create and use customized clinical programs (PA, Formulary, Utilization Management, etc.) with:

Review PBM and other vendor provided pharmacy program indicators and reports for ongoing opportunities and program performance

Maintain ongoing reports and documentation related to client relationship and program

Responsible for renewal of client relationship and creating strategy, scope of services and appropriate fee structure to match client needs

Program and Business Development

Lead and cultivate revenue opportunities to support segment growth

Assess opportunity for expanding PSG services within existing client

Leverage client relationship for PSG prospecting efforts by developing client

Participation in conferences and other forums for showcasing program experience and expertise

Participate in internal workgroups to develop new programs, services, corporate positions and publications based on the continual assessment of client and market needs

Account Implementation

Provide oversight, guidance and serve as an advocate for the client to ensure vendor requirements are being met and service levels are adequate throughout vendor relationships

Identify issues and concerns for appropriate escalation and resolution to ensure successful outcomes

RFP Process Management

Lead the development and management of the RFP process for clients including RFP creation, vendor selection meetings and contract execution (in conjunction with internal RFP team)

Participate in non-client specific annual RFI process via scoring and client meetings

Contract Review and Execution

Lead the review process for new and renewing vendor contracts through final execution to ensure current terms, definitions and compliance with RFP

Lead the creation and renewal of PSG client agreements to create appropriate scope of services and fee structures

Qualification

Pharmacy Benefit ManagementClient relationship managementClinicalFinancial analysisBusiness developmentPresentation skillsStrategy developmentExcel proficiencyPowerPoint proficiencyWord proficiencyPharmacy backgroundMBAPharmD/RPhVerbal communicationWritten communication

Required

Extensive knowledge of Pharmacy Benefit Management, specialty pharmacy and large employer environments

2 years minimum experience, with a direct client relationship role

Strong verbal and written communication skills including presentation skills and client relationship management

Strong experience and skills working with and presenting to corporate executives

Ability to develop strategies and implement programs for client pharmacy benefit programs

Strong clinical and financial analysis skills including Word, PowerPoint and Excel

Travel required, up to 25%

Pharmacy background with bachelor's degree

Preferred

MBA and/or PharmD/RPh preferred

Business development experience preferred

Benefits

Full medical

Pharmacy

Dental

Vision

Life and disability insurance

Paid vacation

Sick leave

401k match

Annual bonus potential

Company

Pharmaceutical Strategies Group - PSG

Pharmaceutical Strategies Group (PSG) is the leading pharmacy intelligence and technology company providing cutting-edge drug cost-management solutions.

Founded in 1994

Plano, Texas, USA

51-200 employees