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Responsibilities
- Partner with the Director of Clinical Services & Operations and SVP, Kroger Prescription Plans in the negotiation strategies with market access functions of branded pharmaceutical manufacturers- Provide data and data supported recommendations that contribute to the development of formulary management strategies including recommendations for utilization management and/or strategic placement of existing/new drugs on the formulary to maximize benefits based on market trends
- Perform analysis to assess value of formulary recommendations to ensure rebates are market competitive to achieve new client growth and margin retention
- Manage/oversee all analytical reporting using comprehensive, standard methodologies to produce the desired output
- Create a library of standard reports; maintain organized files/drafts in operationally designated locations
- Provide budget impact models for high interest/impact medications to clients
- Provide detailed analyses identifying KPP risks/opportunities, make recommendations for improvement
- Provide ad-hoc, consultative analyses to internal/external clients
- Deliver account management support evaluating client performance and compare forecasts with actuals
- Utilize industry, competitive, client, and rebate knowledge to creatively problem solve and formulate rebate strategies that will offer market leading rates
- Participate and support audit processes as a clinical/rebate subject matter expert; provides necessary information, documentation and analysis required by audits; support departmental and corporate development of audit support infrastructure
- Must be able to perform the essential job functions of this position with or without reasonable accommodation
Qualifications
Minimum- Other Bachelor of Science Degree in Pharmacy and/or Doctor of Pharmacy Degree (Pharm.D.) from an accredited U.S. School of Pharmacy
- 2+ years of managed care experience
- Pharmacist License
- Advanced financial modeling and analysis capabilities
- In-depth knowledge of PBM or healthcare informatics
- Strong understanding of industry/technical terms, trends, and processes
- Advanced proficiency in Microsoft Office
- Ability to collaborate and work cooperatively in a team-based environment
- Strong project management skills with the ability to effectively meet deadlines
- Self-directed, ability to execute projects with minimal supervision
- Excellent administrative, communication, and organizational skill with high attention to detail
- Ability to quickly grasp complex issues and develop viable solutions
Desired
- Any experience in pharmacy benefit management (PBM) and retail pharmacy management
- Any PBM pricing and analytics experience
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