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AI Summary
Lead the strategic oversight of rebate operations, financial performance, and aggregation business to maximize value and ensure regulatory compliance. Partner with internal stakeholders and external vendors to drive operational excellence and support organizational growth.
At our company, we move fast, adapt quickly, and turn challenges into opportunities—all while keeping quality at the heart of everything we do. We believe that work should be a positive and respectful place, and that with the right mindset, anything is achievable.
Our Vision:
Unlocking the full potential of pharmacy care management to empower people to live healthier, happier lives.
Our Mission:
To drive pharmacy care that builds trust, improves outcomes and puts people first.
Summary
The Senior Director, Rebate Management is responsible for the strategic leadership and oversight of WellDyne's rebate operations, rebate financial performance, rebate aggregation business, and regulatory compliance activities. This role leads the development and growth of rebate aggregation solutions, supports new business sales efforts, and ensures accurate rebate administration and reporting. The Senior Director partners closely with internal and external stakeholders to maximize rebate value, drive operational excellence, and support organizational growth. This position reports to the Vice President, Supply Chain.
Essential Duties and Responsibilities
- Lead all rebate operations, rebate financial management, client rebate administration, and rebate reporting activities.
- Develop and execute strategies to maximize rebate value, profitability, operational efficiency, and client satisfaction.
- Establish, grow, and oversee WellDyne's rebate aggregation business, including product strategy, implementation, market expansion, and business development activities.
- Oversee rebate forecasting, financial analysis, accrual support, and reporting to ensure accurate financial performance measurement and support Finance and Accounting decision-making.
- Ensure accurate calculation, reporting, and distribution of rebate payments in accordance with client contractual obligations.
- Direct the preparation, review, and submission of all required federal, state, client, and regulatory rebate reporting while ensuring compliance with applicable laws and contractual requirements.
- Provide strategic leadership regarding rebate client contracting, formulary opportunities, rebate program design, and regulatory developments impacting rebate performance.
- Partner with Legal and Compliance to review and develop rebate-related contract language, ensuring operational feasibility and mitigation of organizational risk.
- Direct relationships with rebate vendors, aggregators, and other strategic business partners.
- Partner with Sales, Pricing, Client Audit, and Client Services to support new business opportunities, client presentations and reporting, RFP responses, pricing analyses, client audits, and growth initiatives.
- Lead, develop, and mentor the rebate management team while fostering a culture of accountability, innovation, and continuous improvement.
- Provide executive leadership with strategic recommendations regarding rebate performance, growth opportunities, industry trends, regulatory developments, and market dynamics.
- Perform additional duties as assigned.
Education and Experience
- Bachelor's degree in Finance, Business, Healthcare Administration, Economics, Accounting, or related field required.
- Minimum of 10 years of progressive experience in PBM rebates, pharmaceutical contracting, healthcare finance, or related field.
- Minimum of 5 years of leadership experience.
- Experience developing new business opportunities, supporting sales processes, and managing client relationships.
- Experience with rebate financial modeling, regulatory compliance, and manufacturer contracting preferred.
Knowledge, Skills and Abilities
- Strong knowledge of PBM rebate operations, rebate aggregation contracting, manufacturer rebate programs, and rebate GPO economics.
- Understanding of federal and state rebate-related reporting and compliance requirements.
- Exceptional financial, analytical, and strategic planning skills.
- Strong leadership, communication, negotiation, and relationship management abilities.
- Ability to drive business growth and lead cross-functional initiatives.
- Advanced proficiency in SQL, Excel and data analysis tools.
Work Environment / Physical Demands
This position is in a typical office environment which requires prolonged sitting in front of a computer. Requires hand-eye coordination and manual dexterity sufficient to operate standard office equipment including operation of standard computer and phone equipment. May have occasional high stress when dealing with customers/clients. Some travel may be required.
EOE M/F/D/V – WellDyne and HealthDyne are equal opportunity employer and prohibits discrimination of any kind. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, veteran or disability status, or any other protected status under federal, state, or local law.
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