Senior Director – Rebate Management

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WellDyne

WebsiteLinkedInAll Job Openings

501 - 1000 employees

Founded 1990

🏥 Healthcare

💊 Pharmaceuticals

⚕️ Healthcare Insurance

Healthcare • Pharmaceuticals • Healthcare Insurance

WellDyne is a pharmacy benefit management (PBM) company that provides specialty pharmacy services, prescription discount solutions, utilization management, mail-order and central fill pharmacy operations, and outsourced pharmacy solutions. The company emphasizes clinical programs, adherence initiatives, data analytics, and personalized engagement to reduce drug costs and improve outcomes, particularly for high-cost specialty medications. With about 25 years of experience and locations in Lakeland, FL and Centennial, CO, WellDyne positions itself as an alternative to traditional PBM models by offering flexible plan design, dedicated account management, and industry-focused clinical expertise.

📋 Description

• Lead all rebate operations, rebate financial management, client rebate administration, and rebate reporting activities. • Develop and execute strategies to maximize rebate value, profitability, operational efficiency, and client satisfaction. • Establish, grow, and oversee WellDyne's rebate aggregation business, including product strategy, implementation, market expansion, and business development activities. • Oversee rebate forecasting, financial analysis, accrual support, and reporting to ensure accurate financial performance measurement and support Finance and Accounting decision-making. • Ensure accurate calculation, reporting, and distribution of rebate payments in accordance with client contractual obligations. • Direct the preparation, review, and submission of all required federal, state, client, and regulatory rebate reporting while ensuring compliance with applicable laws and contractual requirements. • Provide strategic leadership regarding rebate client contracting, formulary opportunities, rebate program design, and regulatory developments impacting rebate performance. • Partner with Legal and Compliance to review and develop rebate-related contract language, ensuring operational feasibility and mitigation of organizational risk. • Direct relationships with rebate vendors, aggregators, and other strategic business partners. • Partner with Sales, Pricing, Client Audit, and Client Services to support new business opportunities, client presentations and reporting, RFP responses, pricing analyses, client audits, and growth initiatives. • Lead, develop, and mentor the rebate management team while fostering a culture of accountability, innovation, and continuous improvement. • Provide executive leadership with strategic recommendations regarding rebate performance, growth opportunities, industry trends, regulatory developments, and market dynamics.

🎯 Requirements

• Bachelor's degree in Finance, Business, Healthcare Administration, Economics, Accounting, or related field required. • Minimum of 10 years of progressive experience in PBM rebates, pharmaceutical contracting, healthcare finance, or related field. • Minimum of 5 years of leadership experience. • Experience developing new business opportunities, supporting sales processes, and managing client relationships. • Experience with rebate financial modeling, regulatory compliance, and manufacturer contracting preferred. • Strong knowledge of PBM rebate operations, rebate aggregation contracting, manufacturer rebate programs, and rebate GPO economics. • Understanding of federal and state rebate-related reporting and compliance requirements. • Exceptional financial, analytical, and strategic planning skills. • Advanced proficiency in SQL, Excel and data analysis tools.

🏖️ Benefits

• EOE M/F/D/V – WellDyne and HealthDyne are equal opportunity employer and prohibits discrimination of any kind. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, veteran or disability status, or any other protected status under federal, state, or local law.