Account Executive II (PBM)

MedImpact Healthcare Systems Inc.; California; On-site; USD 102,000 - 179,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Wellness Programs

Paid Time Off

Company Paid Holidays

Incentive Compensation

401K with Company match

Life and Disability Insurance

Tuition Reimbursement

Employee Referral Bonus

Job summary

MedImpact Healthcare Systems, Inc. is seeking an Account Executive II to strengthen strategic client relationships and drive revenue across Complex and Strategic Key Accounts.

You will oversee deliverables, renewals, and upsell opportunities with minimal supervision, ensuring client satisfaction and growth. The role requires coordinating with cross-functional teams, using pricing models, and leading executive-level discussions to optimize profitability and service quality for a growing U.S.

Qualifications

• BS/BA and 9+ years’ experience or equivalent combination of education and experience, and 6 years' SME in respective areas.

Responsibilities

• Develops and manages client specific, strategic, financial, and business relationship plans that encompass client’s goals, performance expectations and growth in membership and profitability in pursuit of meeting department and organizational business metrics.
• Manages large, highly complex clients that have complex business needs.
• Consistently ensure that deliverables are on time, within budget, and meet the quality levels expected by MedImpact's internal and external customers.
• Uses pricing models to analyze and present business and clinical scenarios to client illustrating different benefit strategies and advantages of adoption.
• Organizes and leads client business planning meetings, financial performance reviews, leadership summits and internal strategy planning discussions.
• Manages and prioritizes elements of negotiations within scope of total client relationship.
• Oversees contract renewals including managing the RFP and negotiation process.

Education

BS/BA and 9+ years’ experience or equivalent combination of education and experience, and 6 years' SME in respective areas

Job description

Exemption Status: United States of America (Exempt) $102,260 - $140,608 - $178,955 “Pay scale information is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any selected candidate or employee, which is always dependent on actual experience, education, qualifications, and other factors. A full review of our comprehensive pay and benefits will be discussed at the offer stage with the selected candidate.”

This position is not eligible for Sponsorship.

MedImpact Healthcare Systems, Inc. is looking for extraordinary people to join our team! Why join MedImpact? Because our success is dependent on you; innovative professionals with top notch skills who thrive on opportunity, high performance, and teamwork. We look for individuals who want to work on a team that cares about making a difference in the value of healthcare.

At MedImpact, we deliver leading edge pharmaceutical and technology related solutions that dramatically improve the value of health care. We provide superior outcomes to those we serve through innovative products, systems, and services that provide transparency and promote choice in decision making. Our vision is to set the standard in providing solutions that optimize satisfaction, service, cost, and quality in the healthcare industry. We are the premier Pharmacy Benefits Management solution!

Job Description Summary The Account Executive II is responsible for the success of the overall client business relationship of Complex Accounts, Strategic Key Accounts, and entire assigned book of business. Provides proactive and strategic support for achieving financial goals resulting from successful oversight of client deliverables, renewals and upsell activity. Manages all aspects of business relationships with minimal management involvement and exhibits a track record of performance that exceeds expectations. Ensures customer satisfaction, and effectively leads the account client team focusing on service, revenue, and operational efficiency as identified in strategic plans for the client and MedImpact. This position operates with a very high level of autonomy on complex business issues while requiring minimal management oversight.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Develops and manages client specific, strategic, financial, and business relationship plans that encompass client’s goals, performance expectations and growth in membership and profitability in pursuit of meeting department and organizational business metrics
• Manages large, highly complex clients that have complex business needs
• Consistently ensure that deliverables are on time, within budget, and meet the quality levels expected by MedImpact's internal and external customers
• Optimizes potential for sustainable growth and profitability for assigned book of business
• Develops and maintains solid business relationships with clients at the executive level and with critical decision-makers
• Determines where to make “focused investments” for each account
• Utilize financial and pricing models to analyze and present business and clinical scenarios to client illustrating different benefit strategies and advantages of adoption
• Organizes and leads client business planning meetings, financial performance reviews, leadership summits and internal strategy planning discussions
• Researches and understands market trends and competitive practices to in order to share opportunities based on client needs and strategic objectives
• Mentors new Account Executives through on boarding process
• Proactively monitors client service continuum to identify and address service delivery issues and elevate concerns appropriately
• Collaborates with internal leaders throughout other business units for problem solving, planning and successful outcomes
• Demonstrates ability to manage challenging situations in a positive and constructive manner
• Ensures client retention and oversee client contract renewals including managing the RFP and negotiation process
• Manages and prioritizes elements of negotiations within scope of total client relationship
• Organizes and develops assigned Book of Business presentations
• Maintains thorough understanding of clients’ business and financial goals and the relationship to MedImpact goals in sustaining a profitable partnership
• Provides regular feedback of strategic plan performance and outcomes to management to ensure service and growth opportunities are maximized and incorporated into the organizational strategy planning process
• Provides oversight of projects and client initiatives and assist in the interpretation and context of client requests
• Provide support to matters escalated by the client team
• Participates in and support the implementation process for new clients assigned, including collaboration with the Sales and Implementation teams on contract terms
• Supports and assists in sales and prospect presentations, including participation in and travel to Best and Final meetings
• Develops and maintains effective relationships with client consultants as appropriate
• Completes assignments, Salesforce cases and training including stretch assignments

Supervisory Responsibilities No supervisory responsibilities

Education and/or Experience BS/BA and 9+ years’ experience or equivalent combination of education and experience, and 6 years' of SME in respective areas. Prefer experience in the Self Insured segment.

Computer Skills Intermediate to advanced skill set in MS Office, Word, Excel, PowerPoint, Project, and Outlook.

Certificates, Licenses, Registrations None.

Other Skills and Abilities Outstanding knowledge of the health benefits arena, preferably in pharmacy benefits management. Strong consultative selling and negotiation skills, Strong computer, and analytic skills, including experience creating and delivering client presentations using MS Office programs and use of internal system reporting tools and databases. Knowledge of healthcare products and contracts preferred. Strong verbal, written, interpersonal, presentation, persuasion and consulting skills required. Excellent communication, writing and public presentation skills are essential.

Reasoning Ability Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations. Ability to define problems, collect data, establish facts, and draw valid conclusions.

Mathematical Skills Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs. Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

Language Skills Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.

Competencies To perform the job successfully, an individual should demonstrate the following competencies: Composure Decision Quality Organizational Agility Problem Solving Customer Focus Drive for Results Peer Relations Time Management Dealing with Ambiguity Learning on the Fly Political Savvy

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is regularly required to stand; walk; use hands to finger, handle, or feel and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position may regularly be exposed to or encounter moving mechanical parts, high, precarious places, fumes or airborne particles, toxic or caustic chemicals, outdoor weather conditions, risk of electrical shock or vibration. The noise level in the work environment is usually moderate (examples: business office with computers and printers, light traffic).

Work Location

This position works on-site at the San Diego Headquarters or other company location (or from a remote location with management approval based on business requirements). Must provide adequate support to internal clients; be available for regular interactions and coordination of work with other employees, colleagues, clients, or vendors; as well as be available to facilitate effective decisions through collaboration with stakeholders.

Working Hours

This is an exempt level position requiring the incumbent to work the hours required to fully accomplish job responsibilities and reasonable meet deadlines for work deliverables. The individual must have the flexibility to work beyond traditional hours and be able to work nights, weekends or on holidays as required. Work hours may be changed from time to time to meet the needs of the business. Typical core business hours are Monday through Friday from 8:00am to 5:00pm.

Travel

This position requires domestic travel of up to 35% of the time.

The Perks

• Medical
• Dental
• Vision
• Wellness Programs
• Paid Time Off
• Company Paid Holidays
• Incentive Compensation
• 401K with Company match
• Life and Disability Insurance
• Tuition Reimbursement
• Employee Referral Bonus

MedImpact, is a privately-held pharmacy benefit manager (PBM) headquartered in San Diego, California.

Our solutions and services positively influence healthcare outcomes and expenditures, improving the position of our clients in the market.

MedImpact offers high-value solutions to payers, providers and consumers of healthcare in the U.S. and foreign markets.

Equal Opportunity Employer, Male/Female/Disabilities/Veterans OSHA/ADA: To perform this job successfully, the successful candidate must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

MedImpact was founded more than three decades ago by a pharmacist and independent drug store owner who saw firsthand how families struggled with the high cost of prescriptions, and how it impacted their lives, financial security, and health. So, he started MedImpact to make prescription benefits understandable and accessible. While we have grown to be one of the leading PBMs in America, we remain as committed to these principles today as we did when it all began.