Sr. Manager, Industry Relations (RPh)
About The Position
Lumicera Health Services is seeking a Sr. Manager, Industry Relations to join their team. This role leads the team responsible for establishing, maintaining, and enhancing relationships with pharmaceutical manufacturers of specialty pharmaceuticals. The position directs the negotiation of distribution and procurement contracts to ensure the specialty pharmacy can obtain specialty pharmaceuticals and pricing that meet the demands of its payers and patients. The primary responsibility is to develop and execute manufacturer and trade engagement strategies, oversee the clinical drug pipeline, and maximize access to products in which the specialty pharmacy has a strategic interest in dispensing, including limited distribution medications. The Sr. Manager will lead and develop the Trade Relations team and Proposal Analysts and support Lumicera and its strategic partners in achieving business objectives and sourcing products competitively. This leader will interface with business leaders, pharmacists, legal, compliance, and external vendors with respect to specialty pharmacy services and trade duties.
Requirements
- Bachelor of Science in Pharmacy or PharmD degree required.
- Current, unrestricted licensure as a Registered Pharmacist in the state of residence, or the ability to gain reciprocity within 4 months, may be required based on state of residence laws or client contracts.
- Other State Pharmacy Licenses may be required as business need dictates.
- Must continually maintain education credits to maintain active licensure.
- 7+ years of specialty pharmacy or pharmaceutical industry experience required.
- 5+ years of contract negotiation experience required, with strong preference for specialty pharmacy or industry relations contracting experience.
- 3+ years of people-leadership or team-management experience required.
- Strong knowledge of specialty pharmacy medications, including REMS requirements and Limited Distribution Drug (LDD) best practices.
- Participate in, adhere to, and support compliance program objectives.
- The ability to consistently interact cooperatively and respectfully with other employees.
Nice To Haves
- Master of Business Administration (MBA) or other graduate degree preferred.
Responsibilities
- Lead, develop, and coach the trade relations team, setting priorities and ensuring consistent execution of manufacturer and trade engagement strategy.
- Direct the negotiation of distribution and procurement agreements with specialty pharmaceutical manufacturers and ensure successful implementation of agreements to achieve compliance and full realization of agreed-upon fees.
- Develop manufacturer strategies related to clinical disease states, competing medications, and alignment with the PBM formulary.
- Oversee the clinical drug pipeline and identify opportunities to perform in RFPs and RFIs for manufacturer programs.
- Secure access to limited distribution medications and oversee negotiation, implementation, and ongoing management of associated agreements, fees, and discounts.
- Establish, monitor, and negotiate pricing and service agreements with manufacturers, following company policy regarding contract management, including legal and compliance review and oversight.
- Maintain relationships with pharmaceutical manufacturers and identify manufacturer program opportunities that support the specialty pharmacy’s strategic objectives.
- Expand and negotiate manufacturer programs, including data and enhanced services programs.
- Negotiate purchase discounts, including prompt pay, volume, and direct purchase discounts when appropriate, to maximize cost savings for the specialty pharmacy.
- Manage enhanced services and data programs with manufacturers, including preparing and reporting on program performance and metrics during scheduled business reviews.
- Develop and implement strategies and action plans for establishing and enhancing a competitive pharma contract structure that meets the current and future needs of the specialty pharmacy, Navitus PBM, payers, and patients/members, including appropriate agreements, analytical processes, and audit programs.
- Oversee relations with data aggregators and manufacturer hub services, coordinating activities between Lumicera and those partners.
- Assist with the co-development of annual budgets and monthly forecasts related to the procurement of specialty pharmaceutical products.
- Represent the specialty pharmacy at leadership, industry, and trade groups.
- Ensure reporting capabilities meet both internal and external business requirements.
- Provide periodic reporting to leadership regarding activities, opportunities, performance, and emerging trends.
- Ensure compliance with all applicable state and federal regulations.
- Other duties as assigned.
Benefits
- Top of the industry benefits for Health, Dental, and Vision insurance
- 20 days paid time off
- 4 weeks paid parental leave
- 9 paid holidays
- 401K company match of up to 5%
- Adoption Assistance Program
- Flexible Spending Account
- Educational Assistance Plan and Professional Membership assistance
- Referral Bonus Program – up to $750!
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What This Job Offers
Job Type
Full-time
Career Level
Manager
