Director, Rebate Economics

MedImpact Healthcare Systems, Inc.San Diego, CA
$155,380 - $287,451Onsite

About The Position

MedImpact Healthcare Systems, Inc. is looking for extraordinary people to join our team! Why join MedImpact? Because our success is dependent on you; innovative professionals with top notch skills who thrive on opportunity, high performance, and teamwork. We look for individuals who want to work on a team that cares about making a difference in the value of healthcare. At MedImpact, we deliver leading edge pharmaceutical and technology related solutions that dramatically improve the value of health care. We provide superior outcomes to those we serve through innovative products, systems, and services that provide transparency and promote choice in decision making. Our vision is to set the standard in providing solutions that optimize satisfaction, service, cost, and quality in the healthcare industry. We are the premier Pharmacy Benefits Management solution! The Director, Rebate Economics is responsible for leading the development and operation of strategic analytics, financial performance, pricing strategy, and reporting functions supporting MedImpact's rebate economics outcomes. This role provides end-to-end leadership across enterprise analytics, client financial reporting, pricing methodology development, manufacturer rebate economics, and strategic business initiatives. This role serves as a key partner to executive leadership, Trade Relations, Sales, Finance, and Account Management teams to develop and implement innovative pricing structures that align organizational objectives, enterprise value strategies, and financial performance. This role has direct reports, as well as considerable internal and external indirect support.

Requirements

  • BA/BS Degree required or equivalent; plus 12 years’ related experience; 10 years of SME in respective area(s); (or equivalent combination of education and experience); and 8 years supervisory experience; Supervisory experience may be substituted with 12 years of MedImpact experience plus an appropriate external leadership training program and internal mentorship with a seasoned leader at the Director level or above that must be completed within 12 months in new position with a seasoned leader at the Director level or above that must be completed within 12 months in new position.
  • Strong knowledge of Microsoft Office Suite software including Word, Excel, PowerPoint, and Others.
  • Moderate experience with SQL, database applications, financial modeling tools, reporting platforms, and enterprise project tracking tools is required.
  • Advanced Excel skills are required.
  • Executive communication skills are required.
  • The ability to multitask, quickly and effectively switch between various tasks and projects is essential in the role.
  • Demonstrated experience with the development of financial strategies is required.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems.
  • Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
  • Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
  • Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, public groups, and/or boards of directors.
  • Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Responsibilities

  • Lead strategic oversight of enterprise-wide rebate analytics and pricing models that create maximum value for the enterprise and client.
  • Direct the development and implementation of financial strategies for internal and external parties.
  • Serve as an executive subject matter expert for rebate economics, pricing strategies, financial analytics, and client reporting methodologies.
  • Provide recommendations to key leadership on key outcomes relating to pricing models, methodologies, and assumptions.
  • Lead cross-functional initiatives involving Trade Relations, Clinical, Finance, Product, Technology, and Client Management teams to identify and capture opportunities for operational improvement, revenue optimization, and enhanced reporting capabilities.
  • Provide strategic consultation to internal stakeholders, clients, and external partners regarding pricing methodologies, rebate performance, financial results, and emerging market trends.
  • Direct, mentor, and develop a high-performing analytics organization focused on innovation, continuous improvement, and exceptional client service.
  • Support business growth initiatives by evaluating financial impacts, pricing opportunities, client economics, and market competitiveness associated with prospective and existing client relationships.
  • Manages assigned staff in the segment area. Responsible for the overall direction, coordination, and evaluation of the unit.
  • Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
  • Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
  • Supports and enforces all company policies and procedures in a fair and consistent manner, taking corrective action whenever necessary.
  • This is an internal and external client facing position that requires excellent customer service skills and interpersonal communication skills (listening/verbal/written).
  • Manage difficult or emotional client situations.
  • Respond promptly to client needs.
  • Solicit client feedback to improve service.
  • Respond to requests for service and assistance from clients.
  • Meet commitments to clients.

Benefits

  • Medical / Dental / Vision / Wellness Programs
  • Paid Time Off / Company Paid Holidays
  • Incentive Compensation
  • 401K with Company match
  • Life and Disability Insurance
  • Tuition Reimbursement
  • Employee Referral Bonus
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