Pharmacy Benefits Account Manager

About the role

The Pharmacy Benefits Account Manager (PBAM) is a new role in a rapidly growing team. The PBAM will support the HUB Pharmacy practice in the delivery of PBM strategy and data-driven analysis. The PBAM will work directly with Pharmacy Consultants to support the Request for Proposal (RFP) process, create ad-hoc reports, and prepare drafts of client-facing deliverables. The ideal candidate will have a well-rounded understanding of pharmacy benefits, enjoy working in a fast-paced environment, and demonstrate strong problem-solving skills.

Responsibilities

• Pharmacy data collection, validation, and preparation for analysis and deliverables.
• Use of multiple tools and access points to obtain data, with consideration in locating inconsistencies in the data and information.
• Proactively manage projects, workload, initiatives, and assignments as determined by the HUB Pharmacy Practice team.
• Work within the HUB Pharmacy Practice team to manage, track, and update core business activities for tracking and business advancement purposes.
• Support lead pharmacy consultants on client engagements and meetings.
• Contribute directly to the design, implementation, and maintenance of standardized pharmacy team operations workflows and pharmacy analytics strategies.
• Establish productive and professional relationships with all members of the HUB Pharmacy Practice.
• Some travel is required.

Requirements

• 4+ years minimum work experience in prior Pharmacy Benefit Management (PBM) and/or pharmacy consulting experience.
• Bachelor's degree from a four-year college or university or equivalent combination of education and experience.
• Intermediate knowledge of the PBM industry, stakeholders, intermediaries, and buyers.
• Experience evaluating and explaining various PBM models, pricing types, and products.
• Strong understanding of the PBM contracting life cycle.
• Experience managing and updating CRM tools (i.e., Salesforce, Monday.com).
• Refined verbal and written communication skills.
• Accomplished project manager who can juggle multiple priorities and adjust to a dynamic environment.
• Six Sigma designation a plus.
• Detailed oriented and accurate in producing work deliverables, capable of performing reasonability reviews of pharmacy reports and general analytics content.
• Established history of working independently in a remote or office environment.
• Must approach all tasks with a sense of urgency to meet deadlines assigned in a cross-functional environment.
• Advanced skills in the Microsoft Office suite: MS Outlook, MS Excel, MS PowerPoint, and MS Word.
  • Outlook – ability to manage email volume and keep calendar up to date.
  • Excel – ability to learn basic and advanced data lookup and arithmetic calculative functions (VLookup, SUMIFS, etc.).
  • PowerPoint – ability to assemble content in standardized PowerPoint templates.
  • Word – ability to review, track, edit changes, and make document comparisons.
• Power Business Intelligence (BI) experience preferred.
• Ability and desire to be part of a collaborative team and business environment, managing multiple priorities day-to-day.

Benefits

• Competitive salaries and benefits offerings.
• Medical, dental, and vision insurance, plus voluntary insurance options.
• Health Savings Account (HSA) funding.
• 401k matching program.
• Company-paid life and short-term disability plans.
• Supplemental life and long-term disability options.
• Comprehensive wellness program.
• Generous PTO package – vacation, holiday, sick, and personal time off.
• Great work/life balance.
• Employee engagement events.
• Opportunity to learn from colleagues who are among the top talent in the industry.
• Growth potential – HUB is constantly growing and so can your career.
• A rewarding career that helps local businesses in the community.
• Strong community support and involvement through HUB Gives.

Pay

The expected salary range for this position is $80,000 to $110,000 and will be impacted by factors such as the successful candidate’s skills, experience, and working location, as well as the specific position’s business line, scope, and level.