Hybrid Lead Director, Pharmaceutical Contracting

Posted 4 weeks ago

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About the role

  • 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

Job title

Lead Director, Pharmaceutical Contracting

Job type

Experience level

Senior

Salary

$100,000 - $231,540 per year

Degree requirement

Bachelor's Degree

Location requirements

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