Principal, Rebate Reporting Strategy
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AI Summary
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, Rebate Reporting Strategy is responsible for the development and management of MedImpact’s rebate analytics strategies focused on delivering value at all levels of the enterprise, as well as external clients and vendors. This role will focus on strategic data creation, enterprise-wide reporting initiatives, and delivering end-to-end pricing transformation strategies from development to client implementation. The Principal will have enterprise-wide impact, with a heavy emphasis on outcomes that are visible to both clients and industry partners.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Responsible for rebate and client financial reporting strategies, including successful implementation of complex pricing transformations, comprehensive analysis, and high-impact enterprise outcomes.
- Develop and provide comprehensive PBM and client level analysis and strategy recommendations for manufacturer contract negotiations and formulary management strategy working within trade operations. Ensure enterprise success with integration of rebate and other financial results within the full reporting structures.
- Manage the development, implementation, and continuous improvement of metrics / KPIs associated with client rebate analytics quality, timeliness, and performance related to strategic services and financial accuracy.
- Manage key stakeholders, such as functional VP’s, clinical and Formulary teams, in strategic trade and clinical decision making. Direct internal and external partners and lead analytics to deliver compelling insights and formulating financial and reporting strategies to address and maximize enterprise objectives.
- Manage and provide support to staff members in analysis and reporting tied to all methods of the rebate delivery system. Maintain reporting excellence, developing team members to support the highest accuracy and timeliness in deliverables.
- Work directly with clients, internal partners, and vendors to provide consultation, analytic insight, and strategy, as well as produce data, models and analytics as required.
- Serve as a subject matter expert for cross-functional leadership; influence the development of practices to develop and maintain critical business data to support departmental or client analytics and reporting.
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
To perform this job successfully, an individual should have strong knowledge of Microsoft Office Suite software including Word, Excel, PowerPoint, and Others. Moderate experience with SQL, database applications, financial modeling tools, reporting platforms, and enterprise project tracking tools is required. Advanced Excel skills are required.
Certificates, Licenses, Registrations
None required
Other Skills and Abilities
- Exceptional communication skills are required.
- The ability to multitask, quickly and effectively switch between various tasks and projects is essential in the role.
Reasoning Ability
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems.
Mathematical Skills
- Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
- Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
Language Skills
- Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
- Ability to respond effectively to the most sensitive inquiries or complaints.
Competencies To perform the job successfully, an individual should demonstrate the following competencies:
- Business Acumen
- Directing Others
- Organizational Agility
- Conflict Management
- Drive for Results
- Political Savvy
- Customer Focus
- Innovation Management
- Strategic Agility
- Decision Quality
- Managerial Courage
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee is regularly required to stand; walk; use hands to finger, handle, or feel and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Ability to maintain clear near visual acuity at approximately 20 inches or less (i.e., “close vision”) to accurately read fine print, view computer screens, and handle small objects. Requires adequate color vision and depth perception to support safety and precision in detail-oriented tasks.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
This position may regularly be exposed to or encounter moving mechanical parts, high, precarious places, fumes, or airborne particles, toxic or caustic chemicals, outdoor weather conditions, risk of electrical shock or vibration. The noise level in the work environment is usually moderate (examples: business office with computers and printers, light traffic).
Work Location
This position works on-site at the San Diego Headquarters or other company location (or from a remote location with management approval based on business requirements). Must provide adequate support to internal clients; be available for regular interactions and coordination of work with other employees, colleagues, clients, or vendors; as well as be available to facilitate effective decisions through collaboration with stakeholders.
Working Hours
This is an exempt level position requiring the incumbent to work the hours required to fully accomplish job responsibilities and meet deadlines for work deliverables. The individual must have the flexibility to work beyond traditional hours and be able to work nights, weekends or on holidays as required. Work hours may be changed from time to time to meet the needs of the business. Typical core business hours are Monday through Friday from 8:00am to 5:00pm.
Travel
This position may require domestic travel.
The Perks:
Medical / Dental / Vision / Wellness Programs
Paid Time Off / Company Paid Holidays
Incentive Compensation
401K with Company match
Life and Disability Insurance
Tuition Reimbursement
Employee Referral Bonus
To explore all that MedImpact has to offer, and the greatness you can bring to our teams, please submit your resume to www.medimpact.com/careers
MedImpact, is a privately-held pharmacy benefit manager (PBM) headquartered in San Diego, California. Our solutions and services positively influence healthcare outcomes and expenditures, improving the position of our clients in the market. MedImpact offers high-value solutions to payers, providers and consumers of healthcare in the U.S. and foreign markets.
Equal Opportunity Employer, Male/Female/Disabilities/Veterans
OSHA/ADA:
To perform this job successfully, the successful candidate must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
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