Sr Mgr, Pharma Contracting - Trade Relations

CVS HealthBloomington, MN
$82,940 - $182,549Hybrid

About The Position

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. The Sr Mgr, Pharma Contracting - Trade Relations is responsible for leading and coordinating activities to support the goals of the Zinc Health Services Negotiator Team and leadership related to bid cycles, commercial contracts, and product review processes. Responsibilities include however not limited to reviewing manufacturer proposals, contract redlines, develop product/category review materials, and provide summaries to leadership. This person is an individual contributor. The Trade Relations Negotiator Senior Advisor is expected to be competent with contract language, bid processes, working across multiple business units, demonstrate critical thinking, and present to team members and leadership.

Requirements

  • 7+ years of related work experience
  • 3-5 years of experience in healthcare, managed care, health plans, or PBM
  • Ability to travel up to 15-20%
  • Contracting experience
  • Advanced proficiency with MS Office (Teams, PowerPoint, and Excel)
  • Demonstrated analytical skills and experience

Nice To Haves

  • Advanced communication and presentation skills
  • Adept at collaboration and teamwork
  • Adept at problem solving
  • Knowledge of pharmaceutical products and services
  • Knowledge of pharmacy and medical rebates

Responsibilities

  • Collaborate with manufacturers and internal partners to ensure compliant bids and support negotiations.
  • Review bids, understand the impact, and effectively move them through the process for review.
  • Prepare bid cycle and product review presentation materials.
  • Present materials to leadership.
  • Ensure bids are accurately memorialized in contracts, review redlines, and work with manufacturers to finalize language.
  • Review financial modeling for accuracy and potential formulary changes.
  • Review contract underwriting for accuracy and financial impact from language and/or rate changes.
  • Coordinate product reviews with the Zinc Health Services Team and leaders.
  • Build and maintain relationships with internal and external partners.
  • Prepare manufacturer summaries for leadership Team.
  • Collaborate with internal partners.

Benefits

  • medical
  • dental
  • vision coverage
  • paid time off
  • retirement savings options
  • wellness programs
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