Pharmacy Benefits Consultant

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September 11

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Pharmaceutical Strategies Group - PSG

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Healthcare Insurance • Pharmaceuticals • Consulting

Pharmaceutical Strategies Group - PSG is a company that specializes in optimizing pharmacy programs to unlock maximum cost savings and produce extraordinary outcomes. As part of the EPIC company, PSG serves to navigate the complex and ever-changing landscape of drug cost management. They provide pharmacy benefits consulting, clinical optimization, audits, and other specialized services to employers, health plans, and other organizations. The company is renowned for its data-driven insights and research, using their Artemetrx analytics platform to drive financial results and enhance program performance. PSG strongly advocates for their clients, providing independent and transparent advisory services dedicated to optimizing pharmacy operations and benefits. With over 30 years of pharmacy advocacy experience, they focus on delivering custom solutions and data-backed insights to help clients manage costs effectively and efficiently.

51 - 200 employees

Founded 2003

⚕️ Healthcare Insurance

💊 Pharmaceuticals

📋 Description

• Serve as the primary/lead consultant on strategic clients • Lead and cultivate multi-level client relationships with executives, human resource personnel, pharmacy department personnel and others • Identify business needs and create custom solutions for sophisticated clients including overall pharmacy benefit strategy • Lead vendor strategies including procurement efforts, contract negotiation and ongoing vendor management • Track and measure vendor contract performance including operational and financial • Lead and participate in ongoing client meetings such as vendor review, strategy and performance assessments, operational and strategic meetings • Use analytical skills/tools to identify and present opportunities to clients to support trend management, cost savings, identify wasteful spending and potential FWA • Navigate appropriate internal PSG experts on custom projects • Support clients creating customized clinical programs (PA, Formulary, Utilization Management) • Review PBM and other vendor provided pharmacy program indicators and reports • 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 • 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 • Participate in conferences and other forums for showcasing program experience • Participate in internal workgroups to develop new programs, services, corporate positions and publications • Provide oversight, guidance and serve as an advocate for the client to ensure vendor requirements are met • Identify issues and concerns for appropriate escalation and resolution • Lead development and management of the RFP process for clients • Lead the review process for new and renewing vendor contracts through final execution

🎯 Requirements

• 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

• Benefits include full medical, pharmacy, dental, vision, life and disability insurance • paid vacation • sick leave • 401k match • annual bonus potential • Generous Paid Time off (Managed PTO for salaried/exempt employees; 22 PTO days starting out for hourly/non-exempt employees; 12 company-observed paid holidays; 4 early-close days) • 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 and awards • Employee Resource Groups: Women’s 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 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs • Employee recognition programs for demonstrating EPIC’s values + additional recognition awards and trips • 50/50 Work Culture • EPIC Gives Back charitable efforts