Lead a team responsible for the execution, analysis and underwriting of competitive pricing strategies, including creating aggressive pricing recommendations, developing and negotiating competitive contract language, and working closely with clients to win and retain employer pharmacy business
Lead client consultation as they navigate the complex pharmacy pricing environment by providing guidance on Prime recommended strategies with support around risk management strategies
Assistance with occasional consultant engagements in partnership with Prime’s health plan clients
Demonstrate a deep understanding of pricing fundamentals and competitive drivers that demonstrate Prime's value proposition and to win new business
Partner with internal stakeholders and business leaders across Finance, Sales, Network Management, Trade Relations, and Clinical to develop, recommend, communicate, sell, and implement competitive pricing strategies; monitor implemented strategies and improve performance on an ongoing basis
Partner with internal stakeholders in to develop aggressive pricing strategies aimed at the employer market; consult and collaborate with health plan clients to implement strategies in order to win and retain employer pharmacy business
Develop and foster a culture of continuous improvement, working with direct reports to provide guidance and direction on appropriate improvements to support future growth
Other duties as assigned
Requirements
Bachelor's degree in Mathematics, Actuarial Science, Economics, Finance or related field, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required
12 years of work experience in financial analysis, healthcare, benefits consulting, actuarial and underwriting or financial services field to include 7 years of experience working with pricing and profitability models
8 years leadership/people management experience
Strong client consulting presence: ability to distill complex material into easy-to-understand presentations, effectively respond to questions and engage a variety of audiences
Experience in identifying, designing, recommending, and implementing efficient, innovative business solutions to clients' complex pharmacy benefit challenges
Excellent quantitative, problem solving, and analytical skills