SUMMARY:The Principal, Drug Trends and Pipeline Strategy will be responsible for the development and execution of clinical strategies across multiple therapeutic areas to create market differentiating solutions and drive market adoption and growth. The Principal plays a key role in ensuring alignment and collaboration amongst cross-functional business units throughout the Supply Chain organization. The Principal will leverage analytical and clinical expertise, along with strong healthcare industry knowledge, to conduct strategic analyses, contribute to enterprise planning, and collaborate across clinical, product, operations, analytics, actuarial, and finance teams to identify new opportunities, expand capabilities, and strengthen competitive positioning, and support long-term strategic priorities.
RESPONSIBILITIES:- Conduct external and internal reviews of the healthcare landscape (e.g., drug pipeline, emerging trends, regulatory activities, and competitive dynamics) to identify trends, opportunities, and gaps
- Evaluate the performance of internal clinical strategies to determine enhancement
- Synthesize internal and external insights into innovative and actionable recommendations that drive enterprise objectives, exceed clients' needs, and enable differentiation in the marketplace
- Utilize internal data and modeling to evaluate financial impacts of strategies
- Build strategic partnerships with key stakeholders to achieve key initiatives and goals
- Understand and partner with the Negotiator Team to negotiate contracting language to protect formulary and trend solutions from unintended conflicts across Commercial, Medicare, and product offerings that depend on those contracts
- Monitor strategy performance and outcomes following implementation
- Develop presentations and strategic updates that synthesize complex information for senior leadership
- Establish and execute internal SOPs and playbooks for the team
IDEAL CANDIDATES WILL HAVE A COMBINATION OF THE FOLLOWING:- Bachelor's degree required; advanced degree (e.g., MBA, MHA, PharmD) preferred
- Licensed pharmacist in good standing, if degree is Pharmacy
- Minimum of 8 years with experience in healthcare strategy (e.g., pharmaceutical contracting, analytics, formulary development, product development, business development)
- Experience using financial modeling tools, including experience in interpreting and reviewing financial modeling results to evaluate the financial impacts of contract changes
- Strong financial acumen
- Demonstrated expertise in clinical strategy and healthcare innovation
- Knowledge of PBM industry, managed care, healthcare industry
- Comfortable working with complex data sets and queries
- Exceptional Strategic thinker with a track record of anticipating trends and translating insights into actionable plans
- Experience working effectively in a matrixed organization with strong relationship-building and stakeholder management skills
- Strong detail orientation, organization, and management of multiple parallel projects with fluid timelines
- Ability to thrive in a fast-paced environment, demonstrate accountability for deliverables, and effectively balance multiple prioritiesPlease see attached job description
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 139,700 - 232,900 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.
