Category Manager/Pharm Executive - Pharmaceuticals

Vizient, Inc.

$117K — $206K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Pharmacy or PharmD Degree required.
  • 5 or more years of relevant experience required.
  • Direct negotiations experience preferred.
  • Exceptional communication and organizational skills.
  • Strong presentation and customer service expertise.
  • Proven success in cross-functional collaboration.
  • Background in pharmacy, marketing, business, or project management is advantageous.

Responsibilities

  • Align business strategy with corporate objectives in contracting activities.
  • Organize insights from customer engagements to understand requirements.
  • Identify opportunities to enhance stakeholder satisfaction and engagement.
  • Review financial aspects of contracts including budgets and forecasts.
  • Lead pharmaceutical negotiations from strategy formulation to implementation.
  • Build and maintain relationships with pharmaceutical suppliers as a key contact.
  • Collaborate with legal resources to navigate contract complexities.
  • Develop rapport with stakeholders to position as a trusted advisor.
  • Monitor and adapt projects based on market dynamics.
  • Explore opportunities for increasing pharmacy purchases and savings.

Benefits

  • Comprehensive benefits plan that includes health, dental, and vision coverage.
  • 401k retirement plan with company matching contributions.
  • Generous paid time off policy.
  • Opportunities for professional development and continuing education.
  • Flexible work arrangements supporting work-life balance.
Full Job Description
Summary:

In this role, you will manage a market-leading portfolio of pharmaceutical supplier service agreements delivering best-in-class contracting strategies and expertise that provide supply chain cost reductions. You will maintain existing pharmacy program opportunities by coordinating stakeholder needs through the execution of contracting, advisory, compliance, policy, and analytics services. You will support the development of new opportunities in partnership with team members.

Responsibilities:

  • Ensure alignment of business strategy with overall corporate strategic objectives related to services and contracting activities. Ensures project and contract alignment to stakeholder needs and market competitiveness, partnering with cross-functional teams maximize value
  • Capture and organize information shared during voice of customer engagements to learn stakeholders' requirements, strategic agendas, and tactical direction.
  • Identify strategic issues and opportunities for improving stakeholder satisfaction and engagement based upon the voice of customer sessions.
  • Review financial aspects of assigned contracts including budget accruals, forecasting, and revenue expectations.
  • Lead key pharmaceutical negotiations process that includes opportunity identification, strategy formulation, contract development, negotiation, documentation, and implementation. Apply deep knowledge of standard contract terms and conditions to help answer provider questions.
  • Build relationships with pharmaceutical suppliers and serve as single point of communication on pharmacy service programs. Deliver superior customer service experience to the client.
  • Partner with legal resources to explain difficult concepts or unique situations that require potential deviation from standard contract terms; develop appropriate contract terms.
  • Establish working relationships with stakeholders and build rapport to become a trusted advisor. Ensure stakeholders understand where and how to access pharmacy program offerings (e.g., contract catalog, reporting, clinical website, communications, peer-to-peer meetings).
  • Monitor, review, and update existing projects and contracts based on market changes (e.g., new drugs, new research findings, new policy); may contribute to new projects and contracts that produce strategic and market insights, best practices, and deliver value for stakeholders.
  • Pursue new opportunities to organically grow pharmacy purchases and savings for existing programs


Qualifications:
  • Pharmacy or PharmD Degree required.
  • 5 or more years of relevant experience required.
  • Contracting experience with direct negotiations preferred.
  • Superior communication (written and verbal) and organizational skills.
  • Strong presentation and customer service skills.
  • Cross-functional interaction skills with a proven track record of delivering results needed.
  • Experience in pharmacy, marketing, business and/or project management a plus.
  • Willingness to travel.

This is an office-based role with an expectation of three days per week on site (Irving, TX, or Chicago, IL)

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Estimated Hiring Range:
At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $117,600.00 to $206,000.00.

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

http://www.vizientinc.com/about-us/careers

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