[Remote] Pharmacy Benefit Consultant
Note: The job is a remote job and is open to candidates in USA. Pharmaceutical Strategies Group (PSG) has been focused on helping clients navigate drug management challenges for over 30 years. As a Pharmacy Benefit Consultant, you will lead client relationships and develop customized pharmacy strategies to create cost-effective solutions while managing vendor relationships and contract negotiations.
Responsibilities
• Client Management
• Working with industry partners (PBM and other vendors), client and PSG resources, the candidate will:
• Identify and maintain appropriate multi-level client relationships and a deep understanding of client business and corporate culture resulting in high client satisfaction and retention
• Develop and implement customized strategic plans based on unique client needs to achieve targeted long- and short-term goals
• Track and measure vendor contract performance including operational and financial metrics
• Lead and participate in ongoing client meetings including:
• Vendor review
• Independent strategy and performance assessment meetings
• On-going operational and strategic meetings
• Use analytical skills/tools to identify and present opportunities to clients that will serve to support trend management, cost savings, identify wasteful spending and potential FWA
• Navigate appropriate internal PSG experts on custom projects
• Support clients that wish to create and use customized clinical programs (PA, Formulary, Utilization Management, etc.) with:
• Review PBM and other vendor provided pharmacy program indicators and reports for ongoing opportunities and program performance
• Maintain ongoing reports and documentation related to client relationship and program
• Responsible for renewal of client relationship and creating strategy, scope of services and appropriate fee structure to match client needs
• Program and Business Development
• Lead and cultivate revenue opportunities to support segment growth
• Assess opportunity for expanding PSG services within existing client
• Leverage client relationship for PSG prospecting efforts by developing client
• Participation in conferences and other forums for showcasing program experience and expertise
• Participate in internal workgroups to develop new programs, services, corporate positions and publications based on the continual assessment of client and market needs
• Account Implementation
• Provide oversight, guidance and serve as an advocate for the client to ensure vendor requirements are being met and service levels are adequate throughout vendor relationships
• Identify issues and concerns for appropriate escalation and resolution to ensure successful outcomes
• RFP Process Management
• Lead the development and management of the RFP process for clients including RFP creation, vendor selection meetings and contract execution (in conjunction with internal RFP team)
• Participate in non-client specific annual RFI process via scoring and client meetings
• Contract Review and Execution
• Lead the review process for new and renewing vendor contracts through final execution to ensure current terms, definitions and compliance with RFP
• Lead the creation and renewal of PSG client agreements to create appropriate scope of services and fee structures
Skills
• Extensive knowledge of Pharmacy Benefit Management, specialty pharmacy and large employer environments
• 2 years minimum experience, with a direct client relationship role
• Strong verbal and written communication skills including presentation skills and client relationship management
• Strong experience and skills working with and presenting to corporate executives
• Ability to develop strategies and implement programs for client pharmacy benefit programs
• Strong clinical and financial analysis skills including Word, PowerPoint and Excel
• Travel required, up to 25%
• Pharmacy background with bachelor's degree
• MBA and/or PharmD/RPh preferred
• Business development experience preferred
Benefits
• Full medical
• Pharmacy
• Dental
• Vision
• Life and disability insurance
• Paid vacation
• Sick leave
• 401k match
• Annual bonus potential
Company Overview
• Pharmaceutical Strategies Group (PSG) is the leading pharmacy intelligence and technology company providing cutting-edge drug cost-management solutions. It was founded in 1994, and is headquartered in Plano, Texas, USA, with a workforce of 51-200 employees. Its website is http://www.psgconsults.com.
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