Logo for MedImpact Healthcare Systems, Inc.

Sav-Rx Account Executive I

Role overview

Summary

The Account Executive is responsible for managing client relationships and ensuring satisfaction within Complex Accounts and Strategic Key Accounts. This role operates with a high level of autonomy, focusing on achieving financial goals and overseeing client deliverables while collaborating with internal teams to enhance service and operational efficiency.

Qualifications

  • BS/BA and 7+ years’ experience or equivalent combination of education and experience, and 4 years of SME in respective areas.
  • Intermediate to advanced skill set in MS Office, Word, Excel, PowerPoint, Project, CRM and Outlook.
  • Outstanding knowledge of the Union Taft/Hartley market segment, health benefits arena, government prescription programs, preferably in pharmacy benefits management.
  • Strong consultative selling and negotiation skills.
  • Excellent communication, writing and public presentation skills essential.

Responsibilities

  • Manage book of business in pursuit of fiscal revenue and upselling targets as set by management
  • Assist in developing and managing the account team annual strategic plan for assigned book of business
  • Ensure high degree of client satisfaction and retention through demonstrable results
  • Lead and manage client renewal process, including participation in development and review of proposal of pricing terms

Key facts

Hard skills

Other skills

  • Strategic Planning
  • Negotiation
  • Customer Service
  • Microsoft Office
  • Analytical Skills
  • Communication
  • Problem Solving
  • Time Management
  • Social Skills

About the company

MedImpact Healthcare Systems, Inc. logo

MedImpact Healthcare Systems, Inc.

  • Health Insurance & Payers
  • Large
  • 1,001–5,000
MedImpact, an independent, trend-focused pharmacy benefit manager (PBM), is the nation’s largest privately held PBM, serving health plans, self-funded employers and government entities. Our business model is unique. We focus on effectively managing client pharmacy benefits to promote Lower Cost and Better Care through One Source. Our model aligns us with our clients. We help promote prescribing of lower-net-cost, medically appropriate drugs with fulfillment at the most appropriate participating pharmacy providing competitive pricing, good value and high-quality service. Our number-one goal is client satisfaction by providing flexible solutions and member-centric products with a focus on lowest-net cost and quality outcomes. For more information, go to: https://pbm.medimpact.com/

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Job description

Exemption Status:

United States of America (Exempt)$85,356 - $115,232 - $145,107

“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 Account Executive is responsible for the success of the overall client business relationship of Complex Accounts, Strategic Key Accounts, and entire assigned book of business. Provides proactive and strategic support for achieving financial goals resulting from successful oversight of client deliverables, renewals and upsell activity. Manages all aspects of business relationships with minimal management involvement and exhibits a track record of performance that exceeds expectations. Ensures customer satisfaction, and effectively leads the account client team focusing on service, revenue, and operational efficiency as identified in strategic plans for the client and Sav-Rx .  This position operates with a very high level of autonomy on complex business issues while requiring minimal management oversight.

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

  • Manage book of business in pursuit of fiscal revenue and upselling targets as set by management
  • Assist in developing and managing the account team annual strategic plan for assigned book of business to address all aspects of client lifecycle, including but not limited to service, financial, growth and clinical initiatives based on an understanding of each client’s business needs
  • Ensure high degree of client satisfaction and retention through demonstrable results and by effectively leading the assigned AM  team to achieve client service goals
  • Effectively utilize Sav-Rx and MedImpact forums and resources to proactively address client needs and to escalate issues where appropriate
  • Provide timely feedback of strategic plan performance and outcomes to the AM Leadership team  to ensure service and growth opportunities are maximized and incorporated into the organizational strategy planning process
  • Provide oversight of projects and client initiatives and assists in the interpretation and context of client requests
  • Maintain the integrity of the annual strategic business plan and manage the fiscal revenue plan
  • Lead and manage client renewal process, including participation in development and review of proposal of pricing terms in lieu of the fiscal revenue plan, mitigate organizational risks with respect to performance guarantees, and unveil opportunities for MedImpact product usage as well as client growth and expansion
  • Lead  all client presentation preparation and teach Account Manager’s how to give Utilization Review Presentations.
  • Support the implementation process for assigned clients, including oversight of implementation and contract terms
  • Negotiate and manage client contract throughout the lifecycle of the account
  • Build strong and positive internal relationships with the Operations and Clinical teams in order to realize the full potential of the assigned book of business
  • Coordinate with Sav-Rx and MedImpact subject matter experts to increase knowledge of enterprise  products, services, and industry information to be incorporated into and strengthen client relationship
  • Organize and lead client business planning meetings, quarterly and annual executive pharmacy briefings, client leadership councils and internal team strategy planning discussions
  • Demonstrate proficiency in Excel, Word and PowerPoint, CRM and other organizational web-based tools in support of these functions
  • Supports and assists in sales and prospect presentations
  • Develops and maintains effective relationships with client consultants as appropriate

Supervisory Responsibilities        

No supervisory responsibilities

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

BS/BA and 7+ years’ experience or equivalent combination of education and experience, and 4 years of SME in respective areas

Computer Skills

Intermediate to advanced skill set in MS Office, Word, Excel, PowerPoint, Project, CRM and Outlook.

Certificates, Licenses, Registrations

None required.

Other Skills and Abilities

  • Outstanding knowledge of the Union Taft/Hartley market segment, health benefits arena, government prescription programs, preferably in pharmacy benefits management. Strong consultative selling and negotiation skills, Strong computer, and analytic skills, including experience creating and delivering client presentations using MS Office programs and use of internal system reporting tools and databases.  Knowledge of healthcare products and contracts preferred. Strong verbal, written, interpersonal, presentation, persuasion and consulting skills required.  Excellent communication, writing and public presentation skills essential.

Reasoning Ability

  • Ability to define problems, collect data, establish facts, and draw valid conclusions.

Mathematical Skills

  • Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

Language Skills  

  • Ability to effectively present information to top management, public groups, and/or boards of directors.

Competencies To perform the job successfully, an individual should demonstrate the following competencies:

  • Composure
  • Decision Quality
  • Organizational Agility
  • Problem Solving
  • Customer Focus
  • Drive for Results
  • Peer Relations
  • Time Management
  • Dealing with Ambiguity
  • Learning on the Fly
  • Political Savvy

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 requires domestic travel of up to 20% of the time.

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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