Director-level role leading strategic negotiations on high-value rebate contracts for CVS Caremark. Engaging with pharmaceutical manufacturers and cross-functional teams to optimize cost management.
Responsibilities
Lead discussions and engage in strategic negotiations on high-value rebate contracts for CVS Caremark's Medicare business segment
Manage the business relationship with pharmaceutical manufacturers and contracting for discounts on branded pharmaceutical products
Engage with cross functional teams across the organization
Partner on high profile negotiation strategies
Work closely with Executive Director, Associate Vice President, and Vice President of Trade Relations in the negotiation strategies
Lead discussions and negotiations for rebates for branded pharmaceuticals where CVS Caremark is the PBM
Provide input and recommendations for formulary strategies and positioning
Positively develop and foster strong relationships with direct manufacturers and industry partners
Coordinate with other key leaders that have responsibility for pharmacy benefit strategies to create synergies and value
Work with pharmaceutical manufacturers and provide relationship management on rebate issues
Requirements
10+ years of work experience
7+ years of experience in managed care which may include PBM, Pharma, market access, account management, specialty pharmacy, or health plan.
Ability up to 10-20% travel as necessary, per business needs
MBA, PharmD preferred
5+ years of experience negotiating contracts in the healthcare or PBM space
Strong knowledge and understanding of pharmaceutical rebates, purchasing, and prescription benefit designs
Familiarity with pharmaceutical pricing and reporting of pharmaceutical products
Bachelor's degree required, will consider equivalent work experience
Benefits
Affordable medical plan options
401(k) plan (including matching company contributions)
Employee stock purchase plan
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
Paid time off
Flexible work schedules
Family leave
Dependent care resources
Colleague assistance programs
Tuition assistance
Retiree medical access and many other benefits depending on eligibility
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