Pharmacy Benefits Strategic Account Executive/Consultant
Foundation Risk PartnersAbout the role
Join Our Dynamic Team at ARMSRx!
Now is the perfect time to become part of our passionate team of pharmacy professionals as we enter an exciting new chapter of growth and innovation. At ARMSRx, we've experienced remarkable momentum—and we're just getting started. We're looking for driven, like-minded individuals who thrive in a fast-paced environment and believe in working hard and celebrating success.
If you're ready to make an impact and grow with a company that values both excellence and camaraderie, ARMSRx is the place for you!
Job Summary:
Responsible for managing client relationships and overseeing all aspects of the client’s pharmacy plan. Seeking strategic, professional, and client-focused individual with experience in the PBM space.
Essential Functions:
- Evaluate, develop and implement new clinical strategies and programs, provide ongoing oversight of clinical programs and their outcomes.
- Meet with clients/brokers to discuss plan performance including clinical trends, review relevant pharmacy data and provide recommendations/supportive rationale for plan management strategies.
- Responsible for gathering information from various sources to make informed decisions, translate and decipher how current pharmacy/healthcare trends will affect plan.
- Analyze and evaluate pharmacy data, including claims data, presentations, KPI’s, clinical programs.
- Perform prior authorization and appeal functions.
- Analyze impact reports to identify appropriate course of action.
- Remain current with pharmacy benefit industry trends and maintain competitive knowledge.
- Develop proposals for prospective clients.
- Support the RFPs and overall consulting for clients
- Vendor management
- Clinical cost savings strategies
- Travel (approx.25%) to meet with clients, customers, prospects and other enterprise business units.
Competencies & Qualifications:
- Strong attention to detail, well organized and responsive
- Insurance and healthcare related products
- Regulatory and compliance related matters (including healthcare reform)
- Ability to model financial implications from benefit programs
- Comfortable in negotiating with insurance carriers
- Ability to identify problems and create effective solutions
- Proficient in Microsoft Excel, PowerPoint, Word and Publisher
- Ability to quickly learn new skills
- Works collaboratively with a team as well as independently, capable of meeting deadlines and delegating when necessary,
- Ability to establish relationships with internal and external stakeholders
- Strong oral and written communication skills
- Ability to multi-task and demonstrate composure/resilience under pressure - Comfortable switching between clients and tasks to meet deadlines
- Possesses a basic understanding of general business and financial concepts
- Ability to effectively create, organize and manage a project plan
- Basic understanding of strategy and long-term planning
Education & Experience:
- Doctorate Degree in Pharmacy (PharmD) or Pharmacist
- 5+ years of pharmacy experience
- 3+ years of pharmacy benefit experience (PBM, pharmacy benefit consulting)
- Pharmacist License
Disclaimer:
While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary.
Equal Employment Opportunity (EEO):
FRP provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classifications protected by law.
Benefits:
FRP offers a comprehensive range of health-related benefit options including medical, vision, and dental. We offer a 401(k) with company match, company paid life insurance, STD, LTD and a generous PTO policy
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