Pharmacy Benefit Consultant

EPIC Brokers

9d•Remote

About The Position

For over 30 years PSG has been singularly focused on helping our clients navigate the complex and ever-changing challenges of drug management. Through our leading pharmacy intelligence and technologies, we save our clients billions of dollars every year with an unwavering commitment to serving as your advocate and strategic partner. PSG has market leading technology and administration services for hospitals and health systems. Our mission is to relentlessly advocate for our clients as we partner together to develop innovative drug management solutions that deliver exceptional strategic insights, financial and clinical value. As a Pharmacy Benefit Consultant, you will serve as the primary/lead consultant on strategic clients. You will lead and cultivate multi-level client relationships with executives, human resource personnel, pharmacy department personnel and others which enable PSG to partner with clients to create, communicate and implement pharmacy strategy within the context of the overall client drug management strategy. In addition, you will identify business needs and create custom solutions for sophisticated clients which include overall pharmacy benefit strategy to create cost effective solutions for various client types. You will also lead vendor strategies that will include procurement efforts, contract negotiation and ongoing vendor management, while providing industry expertise and insight related to trends and opportunities.

Requirements

Extensive knowledge of Pharmacy Benefit Management, specialty pharmacy and large employer environments
2 years minimum experience, with a direct client relationship role
Strong verbal and written communication skills including presentation skills and client relationship management
Strong experience and skills working with and presenting to corporate executives
Ability to develop strategies and implement programs for client pharmacy benefit programs
Strong clinical and financial analysis skills including Word, PowerPoint and Excel
Travel required, up to 25%
Pharmacy background with bachelor’s degree.

Nice To Haves

MBA and/or PharmD/RPh preferred
Business development experience preferred

Responsibilities

Identify and maintain appropriate multi-level client relationships and a deep understanding of client business and corporate culture resulting in high client satisfaction and retention
Develop and implement customized strategic plans based on unique client needs to achieve targeted long- and short-term
Track and measure vendor contract performance including operational and financial
Lead and participate in ongoing client meetings including:
Vendor review
Independent strategy and performance assessment meetings
On-going operational and strategic meetings
Use analytical skills/tools to identify and present opportunities to clients that will serve to support trend management, cost savings, identify wasteful spending and potential FWA.
Navigate appropriate internal PSG experts on custom projects
Support clients that wish to create and use customized clinical programs (PA, Formulary, Utilization Management, etc) with
Review PBM and other vendor provided pharmacy program indicators and reports for ongoing opportunities and program performance
Maintain ongoing reports and documentation related to client relationship and program
Responsible for renewal of client relationship and creating strategy, scope of services and appropriate fee structure to match client
Lead and cultivate revenue opportunities to support segment growth.
Assess opportunity for expanding PSG services within existing client
Leverage client relationship for PSG prospecting efforts by developing client
Participation in conferences and other forums for showcasing program experience and
Participate in internal workgroups to develop new programs, services, corporate positions and publications based on the continual assessment of client and market
Provide oversight, guidance and serve as an advocate for the client to ensure vendor requirements are being met and service levels are adequate throughout vendor
Identify issues and concerns for appropriate escalation and resolution to ensure successful
Lead the development and management of the RFP process for clients including RFP creation, vendor selection meetings and contract execution (in conjunction with internal RFP team)
Participate in non-client specific annual RFI process via scoring and client meeting
Lead the review process for new and renewing vendor contracts through final execution to ensure current terms, definitions and compliance with RFP
Lead the creation and renewal of PSG client agreements to create appropriate scope of services and fee

Benefits

Benefits include full medical, pharmacy, dental, vision, life and disability insurance, paid vacation, sick leave, 401k match and annual bonus potential.
Generous Paid Time off
Managed PTO for salaried/exempt employees (personal time off without accruals or caps); 22 PTO days starting out for hourly/non-exempt employees; 12 company-observed paid holidays; 4 early-close days
Generous leave time options: Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave
Generous employee referral bonus program of $1,500 per hired referral
Employee recognition programs for demonstrating EPIC’s values plus additional employee recognition awards and programs (and trips!)
Employee Resource Groups: Women’s Coalition, EPIC Veterans Group
Professional growth & development: Mentorship Program, Tuition Reimbursement Program, Leadership Development
Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
Additional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs