Principal, Rebate Reporting Strategy

MedImpact Healthcare Systems, Inc.; San Diego (CA); On-site; USD 132,323 - 240,828; Full time

Benefits offered by this job

Medical / Dental / Vision / Wellness -

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 a Principal, Rebate Reporting Strategy to lead rebate analytics and pricing transformation initiatives across the enterprise, clients, and vendors.

This role will focus on strategic data creation, enterprise-wide reporting initiatives, and delivering end-to-end pricing transformation strategies from development to client implementation. The Principal will have enterprise-wide impact, with a heavy emphasis on outcomes visible to clients, vendors, and

Qualifications

• BA/BS degree and at least 8 years of related experience in rebate analytics or enterprise reporting.
• Minimum 4 years leading individual contributors and leaders of leaders.
• Experience with PBM and formulary management is preferred.

Responsibilities

• Develop and implement rebate analytics strategies across the enterprise and external partners.
• Provide PBM and client-level analysis and strategy recommendations for contract negotiations and formulary management.
• Manage metrics and KPIs for rebate analytics quality, timeliness, and accuracy.
• Coordinate with VP-level stakeholders and cross-functional teams to deliver insights and financial strategies.
• Support staff in analysis and reporting tied to rebate delivery systems and ensure timely deliverables.
• Collaborate with clients, internal partners, and vendors to provide data, models and analytics as required.
• Act as SME for cross-functional leadership to maintain critical business data for analytics and reporting.

Skills

Rebate analytics

PBM & formulary strategy

Pricing transformations

Enterprise reporting

Stakeholder management

Advanced Excel

SQL

Education

BA/BS Degree

8+ years related experience

4+ years leading individual contributors

Tools

SQL

Excel

Power BI

Job description

Exemption Status

United States of America (Exempt)

$132,323 - $186,576 - $240,828

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!

Summary

Job Description

The Principal, Rebate Reporting Strategy is responsible for the development and management of MedImpact’s rebate analytics strategies focused on delivering value at all levels of the enterprise, as well as external clients and vendors. This role will focus on strategic data creation, enterprise-wide reporting initiatives, and delivering end-to-end pricing transformation strategies from development to client implementation. The Principal will have enterprise-wide impact, with a heavy emphasis on outcomes that are visible to both clients and industry partners.

Essential Duties and Responsibilities

include the following. Other duties may be assigned.

• Responsible for rebate and client financial reporting strategies, including successful implementation of complex pricing transformations, comprehensive analysis, and high-impact enterprise outcomes.
• Develop and provide comprehensive PBM and client level analysis and strategy recommendations for manufacturer contract negotiations and formulary management strategy working within trade operations. Ensure enterprise success with integration of rebate and other financial results within the full reporting structures.
• Manage the development, implementation, and continuous improvement of metrics / KPIs associated with client rebate analytics quality, timeliness, and performance related to strategic services and financial accuracy.
• Manage key stakeholders, such as functional VP’s, clinical and Formulary teams, in strategic trade and clinical decision making. Direct internal and external partners and lead analytics to deliver compelling insights and formulating financial and reporting strategies to address and maximize enterprise objectives.
• Manage and provide support to staff members in analysis and reporting tied to all methods of the rebate delivery system. Maintain reporting excellence, developing team members to support the highest accuracy and timeliness in deliverables.
• Work directly with clients, internal partners, and vendors to provide consultation, analytic insight, and strategy, as well as produce data, models and analytics as required.
• Serve as a subject matter expert for cross-functional leadership; influence the development of practices to develop and maintain critical business data to support departmental or client analytics and reporting.

Supervisory Responsibilities

Manages assigned staff in the segment area. Responsible for the overall direction, coordination, and evaluation of the unit. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Supports and enforces all company policies and procedures in a fair and consistent manner, taking corrective action whenever necessary.

Client Responsibilities

This is an internal and external client facing position that requires excellent customer service skills and interpersonal communication skills (listening/verbal/written). One must be able to; manage difficult or emotional client situations; Respond promptly to client needs; Solicit client feedback to improve service; Respond to requests for service and assistance from clients; Meet commitments to clients.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Education And/or Experience

BA/BS Degree; 8+ years related experience and 8+ years of SME in respective area(s); (or equivalent combination of education and experience). Must have at least 4+ years leading individual contributors and leaders of leaders; which may be substituted with an appropriate mix of leadership experience and 5 years of MedImpact experience plus an appropriate external leadership training program and internal mentorship with a seasoned leader (VP+ level) that must completed within 12 months in new position.

Computer Skills

To perform this job successfully, an individual should have strong knowledge of Microsoft Office Suite software including Word, Excel, PowerPoint, and Others. Moderate experience with SQL, database applications, financial modeling tools, reporting platforms, and enterprise project tracking tools is required. Advanced Excel skills are required.

Certificates, Licenses, Registrations

None required

Other Skills And Abilities

• Exceptional communication skills are required.
• The ability to multitask, quickly and effectively switch between various tasks and projects is essential in the role.

Reasoning Ability

• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems.

Mathematical Skills

• Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
• 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.

Language Skills

• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
• Ability to respond effectively to the most sensitive inquiries or complaints.

Competencies

• Business Acumen
• Directing Others
• Organizational Agility
• Conflict Management
• Drive for Results
• Political Savvy
• Customer Focus
• Innovation Management
• Strategic Agility
• Decision Quality
• Managerial Courage

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 accommodation 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. Ability to maintain clear near visual acuity at approximately 20 inches or less (i.e., “close vision”) to accurately read fine print, view computer screens, and handle small objects. Requires adequate color vision and depth perception to support safety and precision in detail-oriented tasks.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation 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 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 may require domestic travel.

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