[Remote] Pharmacy Benefit Consultant
Note: The job is a remote job and is open to candidates in USA. Pharmaceutical Strategies Group (PSG) is focused on helping clients navigate drug management challenges. As a Pharmacy Benefit Consultant, you will lead client relationships and develop customized pharmacy strategies to optimize cost-effectiveness and vendor performance.
Responsibilities
• 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
• Track and measure vendor contract performance including operational and financial
• 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
• 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
• Participate in internal workgroups to develop new programs, services, corporate positions and publications based on the continual assessment of client and market
• 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
• Identify issues and concerns for appropriate escalation and resolution to ensure successful
• 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 meeting
• 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
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
• Generous Paid Time off
• Generous leave time options: Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave
• Generous employee referral bonus program of $1,500 per hired referral
• Employee recognition programs for demonstrating EPIC’s values plus additional employee recognition awards and programs (and trips!)
• Employee Resource Groups: Women’s Coalition, EPIC Veterans Group
• Professional growth & development: Mentorship Program, Tuition Reimbursement Program, Leadership Development
• Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
• Additional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs
• 50/50 Work Culture: EPIC fosters a 50/50 culture between producers and the rest of the business, supporting collaboration, teamwork, and an inclusive work environment.
• EPIC Gives Back – Some of our charitable efforts include Donation Connection, Employee Assistance Fund, and People First Foundation
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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Responsibilities
• 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
• Track and measure vendor contract performance including operational and financial
• 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
• 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
• Participate in internal workgroups to develop new programs, services, corporate positions and publications based on the continual assessment of client and market
• 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
• Identify issues and concerns for appropriate escalation and resolution to ensure successful
• 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 meeting
• 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
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
• Generous Paid Time off
• Generous leave time options: Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave
• Generous employee referral bonus program of $1,500 per hired referral
• Employee recognition programs for demonstrating EPIC’s values plus additional employee recognition awards and programs (and trips!)
• Employee Resource Groups: Women’s Coalition, EPIC Veterans Group
• Professional growth & development: Mentorship Program, Tuition Reimbursement Program, Leadership Development
• Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
• Additional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs
• 50/50 Work Culture: EPIC fosters a 50/50 culture between producers and the rest of the business, supporting collaboration, teamwork, and an inclusive work environment.
• EPIC Gives Back – Some of our charitable efforts include Donation Connection, Employee Assistance Fund, and People First Foundation
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.
Apply tot his job
Apply To this Job