Director, Trade Relations Rebate Economics

About the role

MedImpact Healthcare Systems, Inc. is looking for extraordinary people to join our team. Our success is dependent on innovative professionals with top-notch skills who thrive on opportunity, high performance, and teamwork. We look for individuals who want to work on a team that cares about making a difference in the value of healthcare.

At MedImpact, we deliver leading-edge pharmaceutical and technology-related solutions that dramatically improve the value of health care. We provide superior outcomes through innovative products, systems, and services that provide transparency and promote choice in decision making. Our vision is to set the standard in providing solutions that optimize satisfaction, service, cost, and quality in the healthcare industry. We are the premier Pharmacy Benefits Management solution.

Responsibilities

• Leads the reporting of rebate performance (forecast vs payable) across all lines of business for MedImpact PBM to executive leadership.
• Develops and maintains a Trade performance dashboard that covers financial, operational, and quality metrics for Trade Relations.
• Leads the development, implementation, and continuous improvement of metrics / KPIs associated with rebate vendor quality, timeliness, and performance related to strategic services and financial accuracy.
• Establishes databases of pertinent information for use in analyzing and optimizing rebate performance.
• Analyzes very large data sets to proactively identify areas of opportunity including identifying clients that are not optimizing their rebate performance; develops and implements strategies to address these opportunities and tracks results.
• Leads cross-functional teams to ensure that Trade financial reporting and deliverables are completed with accuracy and within established timelines.
• Leads project management initiatives across Trade Relations that focus on continuous improvement, SOC/SOX controls, and value realization initiatives.
• Serves as the Trade point of contact for financial audits.
• Ensures department metrics are tracked and monitored including employee-level performance metrics.
• Represents the Trade Relations group to senior management as well as department heads demonstrating logical rationale for business decisions.

Supervisory Responsibilities

• Manages assigned staff in the segment area.
• Responsible for the overall direction, coordination, and evaluation of the unit.
• Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws, including interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
• Supports and enforces all company policies and procedures in a fair and consistent manner, taking corrective action whenever necessary.

Client Responsibilities

• Internal and external client-facing position requiring excellent customer service and interpersonal communication skills (listening/verbal/written).
• Manage difficult or emotional client situations; respond promptly to client needs.
• Solicit client feedback to improve service; respond to requests for service and assistance from clients.
• Meet commitments to clients.

Requirements

• BA/BS Degree or equivalent; plus 10 years’ related experience; 10 years of SME in respective area(s); (or equivalent combination of education and experience); and 8 years supervisory experience.
• Supervisory experience may be substituted with 10 years of MedImpact experience plus an appropriate external leadership training program and internal mentorship with a seasoned leader at the Director level or above that must be completed within 12 months in new position.

Skills

• Computer Skills: Strong knowledge of SQL Database software and Microsoft Office Suite software including Word, Excel, and Access.
• Other Skills and Abilities:
  • Proven leadership skills, analytical and financial reasoning skills.
  • Experience in operational application of database applications, accounting, finance, or data analysis.
  • Excellent communication skills (written/verbal).
  • Proven ability to plan and facilitate effective meetings.
  • Ability to manage multiple projects simultaneously and prioritize competing demands.
  • Ability to research, assess, and apply information to practices and standards.
  • Good organization skills and attention to detail.
  • Ability to effectively lead and influence cross-functional as well as virtual teams including remote participants.
• Reasoning Ability:
  • Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, etc.) in its most difficult phases.
  • Ability to deal with a variety of abstract and concrete variables.
  • Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems.
• Mathematical Skills:
  • Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations.
  • Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.
• Language Skills:
  • Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, public groups, and/or boards of directors.
  • Ability to respond effectively to the most sensitive inquiries or complaints.
• Competencies:
  • Business Acumen
  • Directing Others
  • Organizational Agility
  • Conflict Management
  • Drive for Results
  • Political Savvy
  • Customer Focus
  • Innovation Management
  • Strategic Agility
  • Decision Quality
  • Managerial Courage

Physical Demands

• Regularly required to sit and talk or hear.
• Regularly required to stand; walk; use hands to finger, handle, or feel and reach with hands and arms.
• Occasionally lift and/or move up to 25 pounds.
• Ability to maintain clear near visual acuity at approximately 20 inches or less (i.e., “close vision”) to accurately read fine print, view computer screens, and handle small objects.
• Requires adequate color vision and depth perception to support safety and precision in detail-oriented tasks.

Work Environment

• May regularly be exposed to or encounter moving mechanical parts, high, precarious places, fumes, or airborne particles, toxic or caustic chemicals, outdoor weather conditions, risk of electrical shock or vibration.
• Noise level in the work environment is usually moderate (e.g., business office with computers and printers, light traffic).

Work Location

This position works on-site at the San Diego Headquarters or other company location (or from a remote location with management approval based on business requirements). Must provide adequate support to internal clients; be available for regular interactions and coordination of work with other employees, colleagues, clients, or vendors; as well as be available to facilitate effective decisions through collaboration with stakeholders.

Working Hours

This is an exempt-level position requiring the incumbent to work the hours required to fully accomplish job responsibilities and meet deadlines for work deliverables. The individual must have the flexibility to work beyond traditional hours and be able to work nights, weekends, or on holidays as required. Work hours may be changed from time to time to meet the needs of the business. Typical core business hours are Monday through Friday from 8:00 a.m. to 5:00 p.m.

Travel

This position may require domestic travel.

Benefits

• Medical / Dental / Vision / Wellness Programs
• Paid Time Off / Company Paid Holidays
• Incentive Compensation
• 401K with Company match
• Life and Disability Insurance
• Tuition Reimbursement
• Employee Referral Bonus