Principal, Trade Relations Rebate Economics

MedImpact Healthcare Systems; San Diego (CA); On-site; USD 115,000 - 206,000; Full time

Job summary

MedImpact Healthcare Systems, Inc. is seeking a Principal, Trade Relations Rebate Economics to lead rebate strategies and forecasting across our PBM operations. You will provide data analysis, controls, project management, and reporting across business units.

This cross-functional leadership role focuses on improving rebate performance, developing dashboards, and identifying opportunities in the market to optimize value for clients and the company.

Qualifications

• BA/BS Degree; 8+ years of experience in trade relations or analytics.

Responsibilities

• Manages and directs rebate performance reporting to executive leadership.
• Develops and maintains a trade operations dashboard with financial, operational and quality metrics.
• Leads development and KPIs for rebate quality, timeliness, and performance.
• Establishes databases for rebate analysis and optimization.
• Analyzes very large data sets to identify opportunities for rebate improvement.
• Leads cross-functional project management across Trade Relations focusing on continuous improvement and controls.

Skills

Rebate management

Data analysis

Project management

Leadership

Reporting

Education

BA/BS Degree

Job description

Exemption Status: United States of America (Exempt)

$114,622 - $160,472 - $206,321
"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 Principal, Trade Relations Rebate Economics develops rebate strategies to optimize the quality, timeliness, and performance of rebate management and performance for MedImpact PBM. The position will be responsible for providing data analysis, controls, project management, and reporting for all services and operations impacting Trade Relations inclusive of rebate forecasting and client guarantee forecasting. This is a cross-functional leadership role responsible for working across business units to continuously improve services related to Trade Relations.

Essential Duties and Responsibilities

include the following. Other duties may be assigned.

• Manages and directs the reporting of rebate performance (forecast vs payable) across all lines of business for MedImpact PBM to executive leadership.
• Develops and maintains a trade operations dashboard that covers financial, operational and quality metrics for Trade Relations.
• Leads the development, implementation, and continuous improvement of metrics / KPIs associated with rebate vendor quality, timeliness, and performance related to strategic services and financial accuracy.
• Establishes databases of pertinent information for use in analyzing and optimizing rebate performance.
• Analyzes very large data sets to proactively identify areas of opportunity including identifying clients that are not optimizing their rebate performance.
• Develops and implements strategies to address these opportunities and tracks results.
• Leads all project management initiatives across Trade Relations that focus on continuous improvement, SOC/SOX controls, and value realization intitiatives.
• Identifies rebate-related new product development opportunities and manages the development process.
• Conducts and analyzes competitive and market information to identify opportunities in MedImpact's rebate offering and the marketing of rebate program.
• Ensures department metrics are tracked and monitored including employee level performance metrics.
• Represents the Trade Relations group to Senior Management and Leadership demonstrating logical rationale for business decisions.

Other duties may be assigned.

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+