Director, Trade Relations Rebate Economics

About this role

Exemption Status: United States of America (Exempt)

$155,380 - $221,416 - $287,451 “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 Director, Trade Relations Rebate Economics leads strategies to optimize the quality, timeliness, and performance of rebate management and performance for MedImpact PBM. The position will be responsible for leading data analysis, controls, project management, and financial 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. • Leads the reporting of rebate performance (forecast vs payable) across all lines of business for MedImpact PBM to executive leadership.

• Develops and maintains a Trade performance 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 cross functional teams to ensure that Trade financial reporting and deliverables are completed with accuracy and within established timelines.

• Leads project management initiatives across Trade Relations that focus on continuous improvement, SOC/SOX controls, and value realization initiatives.

• Serves as the Trade point of contract for financial audits.

• Ensures department metrics are tracked and monitored including employee level performance metrics.

• Represents the Trade Relations group to senior management as well as department heads demonstrating logical rationale for business decisions.

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 or equivalent; plus 10 years’ related experience; 10 years of SME in respective area(s); (or equivalent combination of education and experience); and 8 years supervisory experience; Supervisory experience may be substituted with 10 years of MedImpact experience plus an appropriate external leadership training program and internal mentorship with a seasoned leader at the Director level or above that must be  completed within 12 months in new position.

Computer Skills To perform this job successfully, an individual should have strong knowledge of SQL Database software and Microsoft Office Suite software including Word, Excel, and Access.   Certificates, Licenses, Registrations None required   Other Skills and Abilities • Possess proven leadership skills, analytical and financial reasoning skills.

• Requires experience in operational application of database applications, accounting, finance, or data analysis.

• Excellent communication skills (written/verbal).

• Proven ability to plan and facilitate effective meetings. 

• Ability

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