JOB SUMMARY:The Director of Medical Drug Contracting Strategy & Solutions is responsible for leading the development and growth of our medical drug contracting offering to clients and prospects. An emphasis will be placed on working with internal and external partners to build a holistic offering that meets the needs of Health Plans and Employer Groups across the entire enterprise.
ESSENTIAL FUNCTIONS:- Direct the development and ongoing management of competitive medical rebate product offering.
- Oversee a team that is focused on financial modeling and providing recommendations to clients for strategy updates and value enhancements.
- Accountable for upsell targets and deepening relationships with existing clients.
- Work with and influence cross-functional partners to achieve key initiative growth.
- Negotiate appropriate contractual terms with payers and consultants.
- Navigate regulatory requirements of Medicare and Medicaid.
- Support the needs of a portfolio of downstream clients enrolled in Express Scripts medical rebates.
- Ability to understand and ensure compliance with vendor contracts.
- Demonstrated to initiative with commitment and ability to work under pressure and meet tight deadlines.
IDEAL CANDIDATES WILL HAVE A COMBINATION OF THE FOLLOWING:- 10+ years of general managed care experience
- Bachelor's degree in related field
- Registered Pharmacist preferred
- Background in medical drug management preferred
- Track record of developing innovative solutions and driving client upsells
- Excellent verbal, presentation, and written communication skills required; proven leadership skills, team-orientation, a proactive management style and strong commitment to client service a must; ability to work on multiple tasks, prioritize, resolve complex issues, and have strong project management skills; ability to learn multiple internal reporting and analytic tools use advanced problem-solving skills; work independently, as well as collaboratively
- Intellectual curiosity and strong professional judgement Demonstrated ability for creative analysis and creative problem-solving
- Ability to handle complex analysis, from issue identification to proposal to solution implementation
- Demonstrated initiative with commitment and ability to work under pressure and meet tight deadlines
- Strong relationship development capabilities with ability to work effectively with Senior Management
- Strong detail orientation, organization, and management of multiple parallel projects with fluid timelines
- Strong ability to work independently and to lead diverse teams
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
For this position, we anticipate offering an annual salary of 161,900 - 269,800 USD / yearly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus and long term incentive plan.
At The Cigna Group, you'll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year, paid holidays, and leaves of absence. For more details on our employee benefits programs, click here.
