Director, Business Development - Specialty RX Payer Relations

Walmart•Bentonville, AR

3d•$110,000 - $220,000

About The Position

Position Summary... Take the lead as our Director of Business Development, where you'll drive strategic growth, forge impactful partnerships, and shape the future of our specialty pharmacy business. Your role will involve identifying new opportunities, building key relationships, and developing innovative strategies to expand our market presence. About the team: The Business Development team aims to create new growth opportunities by partnering with strategic companies to expand access to pharmaceutical products, develop new services, and reach more customers. The team is structured to leverage future growth in the specialty pharmacy industry and plays a significant role in the overall development and growth of the Health and Wellness business. What you'll do... Drive Strategic Growth: Identify and pursue new business opportunities to expand market presence and increase revenue. Forge Key Partnerships: Build and maintain strong relationships with key stakeholders, partners, and clients to achieve business objectives. Develop Innovative Strategies: Create and implement strategies to enhance market access and achieve long-term growth goals. Collaborate Across Departments: Work closely with various teams to ensure alignment and successful execution of business development plans. What You'll Bring: Proven Track Record: Demonstrated success in driving business growth and achieving revenue targets in a similar role. Strategic Vision: Ability to develop and execute strategic plans that align with company goals and market opportunities. Relationship Building: Expertise in forging and maintaining strong partnerships with key stakeholders, clients, and industry leaders. Market Insight: Deep understanding of market trends, competitive landscape, and customer needs to inform business strategies. Innovative Thinking: Capacity to identify and capitalize on new business opportunities through creative and forward-thinking approaches. At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more. You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable. For information about PTO, see https://one.walmart.com/notices. Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms. For information about benefits and eligibility, see One.Walmart. The annual salary range for this position is $110,000.00 - $220,000.00 Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include : - Stock ㅤ ㅤ ㅤ ㅤ ‎ Minimum Qualifications... Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications. Bachelor’s degree in Business, Accounting, Finance, Marketing, or related field and 5 years’ experience in business development, market development, product development, or related area OR 7 years’ experience in business development, market development, product development, or related area. Preferred Qualifications... Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications. Experience in sales., Master’s degree in Business, Accounting, Finance, Marketing, Engineering, or related field, Planning and managing budgets, Supervisory experience, Working with cross-functional teams Primary Location... 1601 SE 10th St, Bentonville, AR 72716, United States of America Walmart and its subsidiaries are committed to maintaining a drug-free workplace and has a no tolerance policy regarding the use of illegal drugs and alcohol on the job. This policy applies to all employees and aims to create a safe and productive work environment. About Walmart: Fifty years ago, Sam Walton started a single mom-and-pop shop and transformed it into the world's biggest retailer. Since those founding days, one thing has remained consistent: our commitment to helping our customers save money so they can live better. Today, we're reinventing the shopping experience and our associates are at the heart of it. You'll play a crucial role in shaping the future of retail, improving millions of lives around the world. This is that place where your passions meet purpose. Join our family and create a career you're proud of.

Requirements

Proven Track Record: Demonstrated success in driving business growth and achieving revenue targets in a similar role.
Strategic Vision: Ability to develop and execute strategic plans that align with company goals and market opportunities.
Relationship Building: Expertise in forging and maintaining strong partnerships with key stakeholders, clients, and industry leaders.
Market Insight: Deep understanding of market trends, competitive landscape, and customer needs to inform business strategies.
Innovative Thinking: Capacity to identify and capitalize on new business opportunities through creative and forward-thinking approaches.
Bachelor’s degree in Business, Accounting, Finance, Marketing, or related field and 5 years’ experience in business development, market development, product development, or related area OR 7 years’ experience in business development, market development, product development, or related area.

Nice To Haves

Experience in sales.
Master’s degree in Business, Accounting, Finance, Marketing, Engineering, or related field
Planning and managing budgets
Supervisory experience
Working with cross-functional teams

Responsibilities

Drive Strategic Growth: Identify and pursue new business opportunities to expand market presence and increase revenue.
Forge Key Partnerships: Build and maintain strong relationships with key stakeholders, partners, and clients to achieve business objectives.
Develop Innovative Strategies: Create and implement strategies to enhance market access and achieve long-term growth goals.
Collaborate Across Departments: Work closely with various teams to ensure alignment and successful execution of business development plans.