Principal, Trade Relations Rebate Economics

MedImpact•San Diego, CA

3d•Hybrid

About The Position

The Principal, Trade Relations Rebate Economics develops rebate strategies to optimize the quality, timeliness, and performance of rebate management for MedImpact PBM. This cross-functional leadership role provides data analysis, controls, project management, and reporting for Trade Relations services and operations, including rebate and client guarantee forecasting. The position works across business units to continuously improve Trade Relations services and manages assigned staff.

Requirements

BA/BS degree, or an equivalent combination of education and experience.
At least 8 years of related experience and 8 years of subject matter expertise in the respective area(s); alternatively, an equivalent combination of education and experience with at least 4 years leading individual contributors and leaders of leaders, subject to the stated substitution provisions.
Strong knowledge of SQL database software and Microsoft Office Suite, including Word, Excel, and Access.
Sound knowledge of industry best practices and innovations in data platforms.
Extensive knowledge of strategy setting, program requirements, product development, and project management methodologies.
Demonstrated analytical and logical reasoning, problem-solving, and change-management abilities.
Ability to be client-focused, responsive, flexible, and positive, and to work effectively with external partners and vendors to implement solutions.
Ability to collaborate effectively with peers and work as a team player.
Excellent time management and organizational skills, with the ability to meet deadlines.
Demonstrated ability to influence others in achieving enterprise goals.
Excellent written and verbal communication skills, including the ability to make persuasive presentations to senior management, public groups, or boards and respond effectively to sensitive inquiries or complaints.
Ability to apply logical or scientific thinking to complex intellectual and practical problems and handle abstract and concrete variables.
Ability to apply advanced mathematical concepts and work with probability and statistical inference.
Ability to work the hours required by the role, with flexibility beyond traditional hours, and to travel domestically up to 10%.
Must be able to perform the essential duties satisfactorily, with reasonable accommodation where applicable.

Nice To Haves

Experience working with agile methodology.

Responsibilities

Manage and direct reporting of rebate performance, including forecast versus payable, across all MedImpact PBM lines of business for executive leadership.
Develop and maintain a Trade Operations dashboard covering financial, operational, and quality metrics.
Lead the development, implementation, and continuous improvement of metrics and KPIs for rebate vendor quality, timeliness, performance, and financial accuracy.
Establish databases of pertinent information to analyze and optimize rebate performance.
Analyze large data sets to identify opportunities, including clients not optimizing rebate performance; develop strategies to address opportunities and track results.
Lead Trade Relations project management initiatives focused on continuous improvement, SOC/SOX controls, and value realization.
Identify rebate-related new product development opportunities and manage their development.
Analyze competitive and market information to identify opportunities in MedImpact’s rebate offering and its marketing.
Ensure department and employee-level performance metrics are tracked and monitored.
Represent Trade Relations to senior management and leadership, providing a logical rationale for business decisions.
Direct, coordinate, and evaluate assigned staff, including interviewing, hiring, training, work assignment, performance appraisal, recognition, discipline, and resolution of complaints and problems.
Support and consistently enforce company policies and procedures, taking corrective action when necessary.
Provide effective service to internal and external clients, respond to requests and needs, solicit feedback, manage difficult client situations, and meet commitments.
Travel domestically up to 10% of the time.
Work the hours needed to fulfill responsibilities and meet deadlines, including nights, weekends, or holidays when required.