Senior Manager, Wholesale Market Rebate Underwriting- Express Scripts - Hybrid

Cigna Group•Bloomfield, CT

1d•Hybrid

About The Position

The Senior Manager, Strategy & Financial Analysis will partner with other Supply Chain teams and cross-functional stakeholders to strategize and deliver client-specific rebate modeling optimization for new sales, market checks and renewals (both standard and custom formularies). These teams include: Sales & Account Management (SAM), Finance, Client Operations, Legal, Rebate Analytics, Formulary Consulting, Negotiations, Underwriting, among others. As a part of this team, the Sr. Mgr. will work with his or her direct reports and leadership to identify and manage milestones related to not only modeling improvements but also overall process improvements in the rebate and Supply Chain areas. As a Sr. Manager, you will have the opportunity to lead a team of advisors / analysts to identify strategic opportunities for clients to optimize their formulary to drive value for both internal and external organizations. This position along with his or her team are recognized internally and trusted as the formulary rebate modeling subject matter experts.

Requirements

Bachelor’s degree in Pharmacy, Pharm.D. preferred, with current active U.S. Pharmacist License
5-7 years plus of working in the pharmacy environment
4 years of significant formulary management/development experience
Strong Leadership, Detail Oriented Organizational, and Analytical skills
Excellent PC skills – including Excel, PowerPoint and MS Access, experience with database
Financial modeling experience
Familiarity with pharmaceutical rebate contracts a plus
Proven ability to work in a fast paced – ever changing environment
Excellent relationship building and cross functional skills
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

Nice To Haves

Familiarity with pharmaceutical rebate contracts a plus

Responsibilities

Lead a team of advisors / analysts who provide financial modeling to both standard and custom formulary clients undergoing renewals or market checks, as well as new sales prospects.
Oversee, develop, and review the strategy of the team’s financial modeling and assist with creation of optimization scenarios for client formularies and/or presentations including all supporting documentation.
Present formulary opportunities and meet directly with standard and custom clients' SAM team members as well as other cross-functional partners to align baseline models and opportunities to the overall recommended rebate strategy for market checks and renewals.
Evaluate client data and advise analysts on appropriate scenarios for rebate/plan sponsor savings opportunities that drive value to both clients and ESI.
Analyze the financial impact of client requested formulary changes to both the client and Express Scripts.
Collaborate with Clinical Account Executives to create strategy for clients based on formulary and utilization management scenarios, rebate offerings, and modeling options.
Discuss any potential utilization management programs under evaluation to ensure compliance with pharmaceutical rebate contracts.
Interact directly with Pharma Strategy and Contracting Team to understand Pharma Manufacturer Rebate Contracts and to strategize on formulary modeling opportunities.
Strategize with cross-functional areas of Express Scripts, including but not limited to Account Management, Product, and Finance.
Interview, hire and train new employees on modeling operations, procedures, documentation and client service.
Lead interdepartmental team calls as required to discuss rebate invoicing eligibility terms/conditions.
Identify and communicate opportunities to streamline and improve existing systems and procedures to relevant team members and other cross-functional Supply Chain teams for documentation / SOPs, tool or system enhancements, etc. required for the dynamic marketplace.