[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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