Walgreens

Director Contract Development & PBM Account Management

Walgreens$150K — $180K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and 6+ years in Contracting, Finance, Account Management, or Corporate Strategy, or equivalent experience
  • Experience leading complex deal negotiations with cross-functional teams
  • Ability to navigate and create process improvement maps for large projects
  • At least 2 years managing client/vendor relationships
  • Proficiency in Microsoft Office Suite, especially advanced Excel and PowerPoint skills

Responsibilities

  • Manage PBM and Health Plan client accounts, providing tailored solutions
  • Identify and execute revenue growth opportunities through new product sales or service expansions
  • Lead contract negotiations for renewals and new business deals
  • Collaborate with internal teams to implement negotiation strategies
  • Develop comprehensive account proposals and ensure alignment with corporate goals
  • Act as subject matter expert on account performance metrics and contract terms
  • Mentor and develop team members to enhance morale and competencies

Benefits

  • Comprehensive benefits package, including health insurance
  • Opportunities for professional development
  • Flexible work environment
  • Supportive corporate culture emphasizing diversity and inclusion
  • Employee discounts and perks
Full Job Description
Job Description

Job Summary

The Director, Strategic Accounts (Director, Contract Development & PBM Account Management) is responsible for the end-to-end leadership of a portfolio of Walgreens' most complex and strategically important payer and PBM relationships. This role owns enterprise level account strategy, contract negotiations (including renewals, amendments, and new business), and long-term growth planning across assigned accounts.
Directors are accountable for developing and executing integrated account strategies that drive profitable growth, deepen enterprise partnerships, and align Walgreens' capabilities to client needs. This includes identifying and executing opportunities to expand services, optimize contract economics, and mitigate risk across the portfolio.

The Director, Strategic Accounts provides leadership and direction to Strategic Account Managers supporting the portfolio and partners closely with cross functional stakeholders (including contracting, finance, operations, clinical, and growth teams) to ensure disciplined execution, clear governance, and consistent client outcomes. A deep understanding of client strategy, operating models, contract structures, and financial performance (P&L) is essential to success in this role.

This role serves as the primary executive escalation point for assigned strategic accounts and represents Walgreens at senior client forums and enterprise business reviews.
Job Responsibilities
Provide Account management function for assigned PBM & Health Plan clients, including:
  • Work with client to provide solutions for critical needs
  • Identify opportunities to increase revenue through the sale of new products and services or expanding access to existing products and services while optimizing or exiting business that is not profitable
  • Transition the client relationship from financial/transactional to solutions orientated
  • Lead negotiations regarding contract renewals and new business
  • Develop a negotiation strategy and work with various internal stakeholders to implement the strategy
  • Work with payer partners to find common ground during negotiations and push through obstacles that are keeping a deal from being realized
  • Provide contracting support to Sales for Health Plan and employer opportunities
  • Maximize the value a client brings to Walgreens by developing new and innovative ways to partner with the client and identifying opportunities to expand services
  • Collaborates cross-functionally with Sales, Finance, and Pricing colleagues to develop, analyze, and implement strategic account plans that maximize account profitability for assigned customer segments and accounts. Collaborates with the Pricing team to incorporate the impact of strategies and pricing decisions into financial forecasts. Utilizes specific account knowledge and understanding of contractual terms and actual performance to assist Sales partners in developing and enhancing account strategies, pricing, and contract language.
  • Develops and manages account proposals related to products and services for assigned customer segments and accounts. Accountable for knowledge and understanding of the competitive landscape, customer issues, and business strategies that affect assigned accounts and contracts.
  • Acts as the subject matter expert on departmental data, business metrics, and operational processes.
  • Ensures that contract terms and conditions reflect pricing parameters of approved account proposals.
  • Consult with legal to draft specific contract language that meets business objectives.
  • Collaborates with the sales team on health plans and employer opportunities.
  • Develops proposals that comply with Divisional goals and objective as well as Corporate policies and procedures. Provides direction on the methodology and approach to evaluate proposals. Ensures that the analytical framework for proposal development is consistent with company standards and ensures that action oriented data is available for decision makers.
  • Collaborates with Sales colleagues in the review and approval process for specific account proposals. Ensures account proposals, models and pricing are accurate and completed in accordance with defined service levels in order to meet internal and external customer timelines.
  • Presents proposals, benchmarks and strategy to governing committees as needed. Actively participates in discussions and answers questions regarding specific accounts and proposals.
  • Develops and mentors staff through on-boarding, open communication, training and development opportunities and performance management processes; builds and inspires employee morale and motivation; ensures the team is appropriately staffed with required competencies; fosters a diverse and inclusive workplace.


External Basic Qualifications

  • Bachelor's degree and at least six years of experience in a combination of Contracting, Finance, Account Management, or Corporate Strategy OR High School Diploma/GED and at least nine years of experience in a combination of Contracting, Finance, Account Management, or Corporate Strategy.
  • Experience evaluating information to determine compliance with standards, laws, and regulations.
  • Experience leading cross-functional teams in developing and implementing complex, high-value deal/negotiation strategies.
  • Experience creating process maps for large complex matrix process improvement projects.
  • At least two years of experience managing client/vendor relationships.
  • Ability to work with counterparties to find common ground.
  • Experience building and maintaining relationships within a matrixed team.
  • Experience analyzing data to identify issues, trends, and exceptions that results in improvement and finds solutions.
  • Experience in diagnosing, isolating, and resolving complex issues and recommending and implementing strategies to resolve problems.
  • Experience developing strategic initiatives which align with business goals and budget.
  • Advanced level skill in Microsoft PowerPoint (for example: changing picture styles, customizing animation and/or setting automatic slide timings).
  • Advanced level skill in Microsoft Word (for example: adding developer tab, creating a macro, formatting table style, inserting comments and/or creating a mail merge).
  • Advanced level skill in Microsoft Excel (for example: using AVERAGE function, merging and centering cells, printing centered page and/or creating a pivot table).
  • At least 5 years of experience contributing to financial decisions in the workplace.
  • At least 5 years of direct leadership, indirect leadership and/or cross- functional team leadership.
  • Willing to travel up to 25% of the time for business purposes (within state and out of state)


Preferred Qualifications

  • Master's degree or MBA.
  • Experience leading strategic payer, PBM, or enterprise healthcare accounts within a complex, highly regulated environment.
  • Demonstrated experience owning enterprise level contract negotiations, including renewals, amendments, and multiyear agreements with national or regional clients.
  • Experience developing and executing integrated account strategies that drive profitable growth, risk mitigation, and long-term partnership value.
  • Proven ability to partner cross functionally with finance, operations, clinical, and sales teams to align strategy, execution, and financial outcomes.
  • Experience interpreting P&L, contract economics, and performance data to inform account strategy and executive decision-making.
  • Prior experience mentoring or leading senior individual contributors or account teams supporting large, complex client portfolios.
We will consider employment of qualified applicants with arrest and conviction records.

The Salary below is being provided to promote pay transparency and equal employment opportunities at Walgreens. The actual hourly salary within this range that you will be offered will depend on a variety of factors including geography, skills and abilities, education, experience and other relevant factors. This role will remain open until filled. To review benefits, please click here jobs.walgreens.com/benefits. If you are applying on a job board or unable to click on the link, please copy and paste this URL into your browser jobs.walgreens.com/benefits

About Walgreens

Walgreens is the nation's largest drugstore chain with fiscal 2010 sales of $67 billion. The company operates 7,689 drugstores in all 50 states, the District of Columbia and Puerto Rico. Each day, Walgreens provides nearly 6 million customers the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services, and advice in communities across America. Walgreens scope of pharmacy services includes retail, specialty, infusion, medical facility, and mail service, along with respiratory services. These services improve health outcomes and lower costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers, and the public sector. Take Care Health Systems is a Walgreens subsidiary that is the largest and most comprehensive manager of worksite health centers and in-store convenient care clinics, with more than 700 locations throughout the country.

Walgreens Careers

Joining Walgreens means becoming part of a team dedicated to inspiring health and well-being across America. As a cornerstone of the community, Walgreens offers unparalleled job opportunities in the retail and healthcare sectors, making it an ideal place for professional growth and innovation. Work You’ll Do At Walgreens, every position contributes to our mission of delivering premier health solutions while ensuring a diverse and inclusive workplace that fosters growth. Our team members are at the forefront of transforming customer experiences through dedication and expertise. Lead with Innovation and Leadership Embrace the opportunity to lead at Walgreens, where we combine industry expertise with a culture of innovation. Our leadership is committed to nurturing a professional environment where ideas thrive and leadership skills are honed through comprehensive diversity training and leadership development programs. Engage in Meaningful Work Join a team that values hard work and creativity, where your skills will be enhanced through challenging projects and collaborative team efforts. Walgreens is not just about filling prescriptions—it's about offering solutions that promote healthier communities. Explore Career Opportunities Whether you're looking for an entry-level position or a more advanced professional role, Walgreens offers a range of career paths in dynamic business areas. From in-store roles to corporate support, our job opportunities are designed to fit a variety of skills and interests. Internship and Employment Benefits Start your career with a Walgreens internship and gain hands-on experience that paves the way for future employment. Our interns work on real projects that matter, gaining skills that are crucial for future success. Full-time team members enjoy a wealth of benefits, including comprehensive health coverage, retirement plans, and exclusive employee discounts. Invest in Your Career Growth Walgreens is committed to the career development of our employees. We provide resources and training that encourage continuous learning and career advancement. With support for certifications and networking opportunities, team members can expand their professional horizons and achieve their career goals. Stay Connected Join Our Team Discover the diverse range of hiring opportunities at Walgreens by exploring open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players ready to make a significant impact. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work at Walgreens. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at Walgreens. At Walgreens, we are excited to see where your ambition takes you. Join us and be part of a team that is dedicated to shaping the future of health and wellness for everyone.
Learn more about Walgreens
Size
202,000 employees
Market Cap
$32.8 billion
Industry
Net Income
-$696 million
Founded
1901
5 Year Trend
+2.3%
Revenue
$141.5 billion
NASDAQ

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