Deal Governance Consultant (Pharmacy Benefit Management)

Remote: 
Full Remote
Contract: 
Work from: 

Offer summary

Qualifications:

5+ years of professional experience in Pharmacy Benefit Management (PBM) or equivalent., Bachelor’s degree is required., Experience in PBM relations, pricing, and/or contracting is necessary., Strong analytical skills with expertise in financial and sales data analysis..

Key responsibilities:

  • Serve as a key financial and strategic partner to internal teams and leadership in executing Deal Governance.
  • Research, strategize, and communicate key deal initiatives for designated territories.
  • Build relationships with internal and external stakeholders to drive process improvements.
  • Analyze data for trends in offers and RFPs to support decision-making and strategy.

RxBenefits, Inc. logo
RxBenefits, Inc. Pharmaceuticals SME https://www.rxbenefits.com/
501 - 1000 Employees
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Job description

In this multi-disciplinary, cross functional role, the Deal Governance Consultant will report to the Manager, Deal Governance. The Deal Governance Consultant is a key contributor to the Deal Governance process and execution. This role will provide key insights and trends to the Manager and VP to highlight and drive change, as needed. This role will support the Manager, Deal Governance to coordinate, communicate, and execute upon Deal Governance playbooks and protocols along with continuing to develop and support the build process of evolving Deal Governance functions and Deal tracking for better visibility across all Leadership Stakeholders. The successful Deal Governance Consultant will be decisive, operate with a sense of urgency, serve as a team player, and champion our mission and culture.

 Essential Job Responsibilities Include:

  • Serve as a key financial and strategic partner to RxBenefits internal teams and leadership in, supporting the ongoing execution of Deal Governance. 
  • Key owner of researching, strategizing, communicating, and delivering key deal initiates for a designated territory, including new and existing business opportunities. 
  • Build relationships with teams to accelerate decisions and drive process improvement. Serve as a trusted advisor and partner to the internal stakeholder groups including, without limitation, Executive Leadership, Business Development, Account Management, PBM Relations, Legal, and Finance. 
  • Develop key relationships with external partners, including RxBenefits PBM and broker partners. 
  • Analyze data for key trends in offers and RFPs 
  • Leverage lessons learned from won and lost deals to build a targeted approach that can be administered, but still address the unique needs of each firm and client
  • Utilize Financial Analysis, CRM, and other available reporting to assist in finding opportunities for alternative options based on client specific needs. Support and maintain Stakeholder guidelines to comprise Deal Governance Playbook. 
  • Maintain competitive market intel repository that is reportable and actionable
  • Support Strategy for RFPs by working with BD, AM, and RFP teams
  • Work with RFP team to be a sounding board for challenges and identify areas for efficiencies
  • Streamline workflows for approvals of deal specific items and large scale approvals
  • Maintain Deal Governance related CRM for approved items and ensure accuracy. Continuously work with internal teams to improve CRM design and reporting. 
  • Actively engage and support interdepartmental key initiatives
  • Identify gaps and opportunities in the current processes to drive better visibility and efficiency
  • Participate in other Deal Governance strategic discussions, as needed, to best support BD/AM
  • Assist Manager and VP on large scale initiatives
  • Leverage RFPio tool to create tracking of Proposals and Deal Governance triggers

Required Skills / Experience:

  • 5+ years of professional work experience in Pharmacy Benefit Management (PBM) or equivalent, is required
  • Bachelor’s degree is required
  • PBM relations, pricing, and/or contracting experience required.
  • Experienced in detailed analysis of financial and sales data required
  • Expert interpersonal, communication, and collaborative management skills
  • Advanced knowledge of Microsoft Office
  • Draft, proofread, and edit written materials quickly.
  • Excellent organizational skills to manage multiple projects and meet tight deadlines.
  • Strong team building, relationship management, and project management skills
  • Process and procedure oriented
  • Ability to maintain confidentiality
  • Highly competent problem solver
  • This position may work from our Birmingham, AL headquarters or remotely from home.

Based on relevant market data and other factors, the anticipated hiring range for this role is $80,000 - $100,000 annually. Final compensation rates will be determined based on various factors, including but not limited to experience, skills, knowledge, and internal equity considerations. This role is also short-term incentive eligible. Incentive amounts will vary by individual and business goals. 

We are committed to fair and equitable compensation practices. The final salary offered to the selected candidate may vary from the posted range due to individual qualifications. Our goal is to ensure that all teammates are compensated fairly and competitively based on their contributions to our organization.

RxBenefits is also committed to providing best in class benefits to our teammates.  We offer a robust total rewards package that includes:

  • Remote first work environment
  • Choice of a HDHP or PPO Medical plan, we pay 100% of the premium for the HDHP for you and your eligible family members
  • Dental, Vision, Short- and Long-Term Disability, and Group Life Insurance that we also pay 100% of premiums (for your family too on Dental and Vision)
  • Additional buy-up options for Short- and Long-Term Disability and Life Insurance
  • 401(k) with an employer match up to 3.5% available after 60 days
  • Community Service Day to give back and support what you love in your community
  • 10 company holidays including MLK Day, Juneteenth, and the day after Thanksgiving plus a floating holiday to use as you like
  • Reimbursements for high-speed internet, we’ll send you a computer and monitors to help you do your best work
  • Tuition Reimbursement for accredited degree programs
  • Paid New Parent Leave that can be used for adoption or birth
  • Pet insurance to protect your furbabies
  • A robust mental health benefit and EAP service through Spring Health to support you when you need it most

Required profile

Experience

Industry :
Pharmaceuticals
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Collaboration
  • Communication
  • Organizational Skills
  • Social Skills
  • Problem Solving
  • Team Building
  • Relationship Management
  • Decision Making
  • Time Management
  • Client Confidentiality

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