Sr. Director Rebate Management
WellDyne · United States · 1 wk ago
RemoteRemoteManagementFull-time
Essential Duties and Responsibilities
- Lead all rebate operations, rebate financial management, client rebate administration, and rebate reporting activities.
- Develop and execute strategies to maximize rebate value, profitability, operational efficiency, and client satisfaction.
- Establish, grow, and oversee WellDyne's rebate aggregation business, including product strategy, implementation, market expansion, and business development activities.
- Oversee rebate forecasting, financial analysis, accrual support, and reporting to ensure accurate financial performance measurement and support Finance and Accounting decision-making.
- Ensure accurate calculation, reporting, and distribution of rebate payments in accordance with client contractual obligations.
- Direct the preparation, review, and submission of all required federal, state, client, and regulatory rebate reporting while ensuring compliance with applicable laws and contractual requirements.
- Provide strategic leadership regarding rebate client contracting, formulary opportunities, rebate program design, and regulatory developments impacting rebate performance.
- Partner with Legal and Compliance to review and develop rebate-related contract language, ensuring operational feasibility and mitigation of organizational risk.
- Direct relationships with rebate vendors, aggregators, and other strategic business partners.
- Partner with Sales, Pricing, Client Audit, and Client Services to support new business opportunities, client presentations and reporting, RFP responses, pricing analyses, client audits, and growth initiatives.
- Lead, develop, and mentor the rebate management team while fostering a culture of accountability, innovation, and continuous improvement.
- Provide executive leadership with strategic recommendations regarding rebate performance, growth opportunities, industry trends, regulatory developments, and market dynamics.
Qualifications
- Bachelor's degree in Finance, Business, Healthcare Administration, Economics, Accounting, or related field required.
- Minimum of 10 years of progressive experience in PBM rebates, pharmaceutical contracting, healthcare finance, or related field.
- Minimum of 5 years of leadership experience.
- Experience developing new business opportunities, supporting sales processes, and managing client relationships.
- Experience with rebate financial modeling, regulatory compliance, and manufacturer contracting preferred.