Pharmacy Vendor Coordinator

WPS Health Solutions NewMadison, WI
$75,000 - $78,000Hybrid

About The Position

The Pharmacy Coordinator will oversee the development and execution of audit processes that monitor delegated activities performed by the Pharmacy Benefits Manager (PBM). This role will build working expertise in the PBM’s online claims system and its capabilities, serving as a knowledgeable resource for the Health Services Contract Center and other internal teams to determine appropriate actions to resolve escalated customer issues. The salary range for this position is $75,000 - $78,000, with potential for fluctuation based on experience. Employees located within 45 miles of WPS Headquarters (1717 W. Broadway in Madison, WI, 53713) are expected to work a hybrid schedule, coming into the office two days a week regularly. Remote work is also an option in the following approved states: Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Nebraska, New Jersey, North Carolina, Ohio, South Carolina, Texas, Virginia, Wisconsin.

Requirements

  • High school diploma and work-related experience.
  • 5 or more years in a Pharmacy Benefit role, working for a Health Insurer, Pharmacy Benefit Manager, or equivalent.
  • Knowledge of health benefits insurance carrier concepts, pharmacy benefit management operations, terminology, and relevant regulatory standards (URAC, CMS, state).
  • Understanding of pharmacy claims processing, formulary management, and basic utilization review workflows.
  • Excellent communication and strong relationship management skills with internal and external partners.
  • Strong analytical and problem-solving skills.
  • Strong attention to detail skills, and ability to manage multiple priorities.
  • High speed cable or fiber internet.
  • Minimum of 10 Mbps downstream and at least 1 Mbps upstream internet connection (can be checked at https://speedtest.net ).

Nice To Haves

  • Associate’s degree in business, healthcare, or related field.

Responsibilities

  • Serve as the primary subject-matter expert for internal teams on pharmacy benefits and system capabilities, exercising independent judgment to guide internal teams and resolve highly complex or escalated customer issues.
  • Interpret pharmacy claims and utilization data, evaluate trends, and determine appropriate actions to address emerging issues or performance gaps.
  • Make decisions regarding PBM operational needs, partnering with PBM to maintain performance-monitoring processes, resolve discrepancies and manage escalating vendor concerns.
  • Collaborate with Call Center, Sales, Account Management, Marketing, and Health Services to enhance organizational effectiveness, determining the most effective educational materials.
  • Coordinate PBM employer group reporting and support external customer discussions, interpreting pharmacy trends and benefit design to provide clear guidance and recommendations.
  • Work with Risk Management to evaluate high-cost claims and determine actions for Short Term Health Plan denials.
  • Assist Plan Product and related departments with mask configuration and system research, exercising judgment when deciding how to partner with the PBM on benefit or system updates.
  • Coordinate with PBM and pharmacy vendors to gather and review materials for presentations to the Quality Improvement Committee (QIC), including analyses of program performance, pharmacy policies, vendor performance, and audit requirements.
  • Quantify savings and outcomes for pharmacy programs, evaluating results and determining opportunities for process improvements or cost reductions.
  • Other duties as assigned.

Benefits

  • Remote and hybrid work options available
  • Performance bonus and/or merit increase opportunities
  • 401(k) with a 100% match for the first 3% of your salary and a 50% match for the next 2% of your salary (100% vested immediately)
  • Competitive paid time off
  • Health insurance, dental insurance, and telehealth services start DAY 1
  • Professional and Leadership Development Programs
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