Director, Medical Drug Contracting & Strategy

Cigna Health and Life Insurance Company; Cool Valley (MO); On-site; USD 162,000 - 270,000; Full time

Benefits offered by this job

Health benefits

401(k)

Paid time off

Job summary

The Director of Medical Drug Contracting Strategy & Solutions at Cigna Health and Life Insurance Company leads the growth of our medical drug contracting offering for Health Plans and Employer Groups. The role partners with internal and external teams to build a holistic program that enhances value across the enterprise.

Candidates should bring 10+ years in managed care, a related bachelor's degree, and a proven track record in innovative solutions and client upsells.

Qualifications

• 10+ years of general managed care experience.
• Bachelor's degree in related field.
• Registered Pharmacist preferred.
• Track record of developing innovative solutions and driving client upsells.
• Excellent verbal, presentation, and written communication skills.

Responsibilities

• Direct the development and ongoing management of competitive medical rebate product offering.
• Oversee a team that is focused on financial modeling and providing recommendations to clients for strategy updates and value enhancements.
• Accountable for upsell targets and deepening relationships with existing clients.
• Work with and influence cross-functional partners to achieve key initiative growth.
• Negotiate appropriate contractual terms with payers and consultants.
• Navigate regulatory requirements of Medicare and Medicaid.
• Support the needs of a portfolio of downstream clients enrolled in Express Scripts medical rebates.
• Ability to understand and ensure compliance with vendor contracts.
• Demonstrated initiative with commitment and ability to work under pressure and meet tight deadlines.

Skills

Managed care experience

Contract negotiation

Strategic leadership

Cross-functional collaboration

Team leadership

Regulatory compliance

Education

Bachelor's degree

Registered Pharmacist (preferred)

Job description

The Director of Medical Drug Contracting Strategy & Solutions at Cigna Health and Life Insurance Company leads the growth of our medical drug contracting offering for Health Plans and Employer Groups. The role partners with internal and external teams to build a holistic program that enhances value across the enterprise.

Candidates should bring 10+ years in managed care, a related bachelor's degree, and a proven track record in innovative solutions and client upsells.