Principal, Pricing Outcomes and Economics

MedImpact Healthcare Systems, Inc.•San Diego, CA

5d•$132,323 - $240,828•Hybrid

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!

Requirements

BA/BS Degree; 8+ years related experience and 8+ years of SME in respective area(s); (or equivalent combination of education and experience).
Solid knowledge of Microsoft Office Suite.
Advanced knowledge of Excel will be required including Pivot tables, V-Lookup functions, and Data importing and exporting.
Proficiency in SQL and knowledge of SAS are required.
Detail oriented and very organized.
Ability to multitask and effectively switch between various tasks throughout the day.
Excellent prioritization skills.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
Excellent communication skills.
Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals.
Ability to write routine reports and correspondence.
Ability to speak effectively before groups of customers or employees of organization.

Nice To Haves

Experience with Access and database technology a plus.

Responsibilities

Own the end-to-end pricing framework, and model management across Commercial, Medicare, Medicaid, Exchange, Cash, and Mail and Specialty lines of business.
Establish enterprise pricing governance and decision-making processes.
Lead development and enhancement of underwriting methodologies and pricing models.
Align client pricing strategies with network reimbursement economics.
Partner with Trade Relations to incorporate rebate and manufacturer economics into pricing strategies.
Monitor pricing outcomes, profitability, spread performance, rebate realization, and margin attainment.
Develop executive KPI dashboards and variance reporting.
Assess financial impacts of regulatory and legislative changes.
Lead cross-functional initiatives involving Underwriting, Network, Trade, Finance, Operations, and Sales.
Drive profitability improvement, margin preservation, and pricing optimization opportunities.
This is an internal and external client/vendor facing position that requires excellent customer service skills and interpersonal communication skills (listening/verbal/written). One must be able to; manage difficult or emotional client/vendor 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.