Principal, Trade Initiatives

About this role

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!

Job Description Summary

The Principal, Trade Initiatives provides oversight and management of key initiatives for the Trade Relations department, including projects and programs supporting regulatory compliance requirements, as well as initiatives focused on growth and new opportunities for MedImpact. The position is responsible for planning, directing, and leading the implementation and execution of initiatives while ensuring alignment to MedImpact’s strategic goals and objectives. This is a cross-functional leadership role responsible for working across business units to continuously improve services related to Trade Relations and pharmacy rebate management. 

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Leads initiatives to determine the potential impact of new state and federal regulatory requirements relative to MedImpact’s Trade business. 

• Leads initiatives supporting rebate-related new product development opportunities and manages the development process.

• Leads the planning and development of the project plan, including identifying deliverables, milestones, scheduling, and required tasks. Ensures that all responsibilities are clearly communicated, from requirements gathering to working with cross functional departments to execute on the project plan.Manages and directs key personnel for requirements, technical analysis, design, and documentation of solutions to meet business requirements and drive problem resolution.

• Leads the implementation of any applicable regulatory requirements and growth opportunities to rebate operations and reporting.  Facilitates regular status meetings to assess progress versus milestones and identify areas of potential concern in adequate time in order to mitigate risk.  

• Manages risks throughout each initiative by identifying, communicating, tracking, and mitigating.  Meets with personnel to provide technical advice and to resolve problems. Ensure all follow-up action items are owned and closed out by the relevant owners.

• Maintains continuous process improvement practices by contributing information and analysis to strategic plans and reviews; preparing and completing action plans; implementing production, productivity, quality, and service standards; identifying and resolving problems; completing audits; determining system improvements; implementing change to enhance quality, accuracy, and efficiency of rebate activities.

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 Strong PC skills in Microsoft Office Suite. 

Certificates, Licenses, Registrations None required; PMP certification is highly desired

Other Skills and Abilities

• Excellent communication

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