Job Description
Note: The job is a remote job and is open to candidates in USA. Pharmaceutical Strategies Group (PSG) is focused on helping clients navigate drug management challenges. As a Pharmacy Benefit Consultant, you will lead client relationships and develop customized pharmacy strategies to optimize cost-effectiveness and vendor performance.
- Responsibilities
- Identify and maintain appropriate multi-level client relationships and a deep understanding of client business and corporate culture resulting in high client satisfaction and retention
- Develop and implement customized strategic plans based on unique client needs to achieve targeted long- and short-term
- Track and measure vendor contract performance including operational and financial
- Lead and participate in ongoing client meetings including: Vendor review, Independent strategy and performance assessment meetings, On-going operational and strategic meetings
- Use analytical skills/tools to identify and present opportunities to clients that will serve to support trend management, cost savings, identify wasteful spending and potential FWA
- Navigate appropriate internal PSG experts on custom projects
- Support clients that wish to create and use customized clinical programs (PA, Formulary, Utilization Management, etc) with
- Review PBM and other vendor provided pharmacy program indicators and reports for ongoing opportunities and program performance
- Maintain ongoing reports and documentation related to client relationship and program
- Responsible for renewal of client relationship and creating strategy, scope of services and appropriate fee structure to match client
- Lead and cultivate revenue opportunities to support segment growth
- Assess opportunity for expanding PSG services within existing client
- Leverage client relationship for PSG prospecting efforts by developing client
- Participation in conferences and other forums for showcasing program experience and
- Participate in internal workgroups to develop new programs, services, corporate positions and publications based on the continual assessment of client and market
- Provide oversight, guidance and serve as an advocate for the client to ensure vendor requirements are being met and service levels are adequate throughout vendor
- Identify issues and concerns for appropriate escalation and resolution to ensure successful
- Lead the development and management of the RFP process for clients including RFP creation, vendor selection meetings and contract execution (in conjunction with internal RFP team)
- Participate in non-client specific annual RFI process via scoring and client meeting
- Lead the review process for new and renewing vendor contracts through final execution to ensure current terms, definitions and compliance with RFP
- Lead the creation and renewal of PSG client agreements to create appropriate scope of services and fee
- Skills
- Extensive knowledge of Pharmacy Benefit Management, specialty pharmacy and large employer environments
- 2 years minimum experience, with a direct client relationship role
- Strong verbal and written communication skills including presentation skills and client relationship management
- Strong experience and skills working with and presenting to corporate executives
- Ability to develop strategies and implement programs for client pharmacy benefit programs
- Strong clinical and financial analysis skills including Word, PowerPoint and Excel
- Travel required, up to 25%
- Pharmacy background with bachelor's degree
- MBA and/or PharmD/RPh preferred
- Business development experience preferred
- Benefits
- Full medical, pharmacy, dental, vision, life and disability insurance
- Paid vacation
- Sick leave
- 401k match
- Annual bonus potential
- Generous Paid Time off
- Generous leave time options: Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave
- Generous employee referral bonus program of $1,500 per hired referral
- Employee recognition programs for demonstrating EPICβs values plus additional employee recognition awards and programs (and trips!)
- Employee Resource Groups: Womenβs Coalition, EPIC Veterans Group
- Professional growth & development: Mentorship Program, Tuition Reimbursement Program, Leadership Development
- Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
- Additional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs
- 50/50 Work Culture: EPIC fosters a 50/50 culture between producers and the rest of the business, supporting collaboration, teamwork, and an inclusive work environment.
- EPIC Gives Back β Some of our charitable efforts include Donation Connection, Employee Assistance Fund, and People First Foundation
- Company Overview
- Pharmaceutical Strategies Group (PSG) is the leading pharmacy intelligence and technology company providing cutting-edge drug cost-management solutions. It was founded in 1994, and is headquartered in Plano, Texas, USA, with a workforce of 51-200 employees. Its website is http://www.psgconsults.com.
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