Supply Chain Business Development (Lead Principal)
The Cigna GroupAbout the role
Job Profile Summary
The Managing Director, Supply Chain Business Development is a dynamic role within Evernorth’s Pharmacy Benefit Management (PBM) division that provides primary direction, leadership, and strategy around changes within Medicare prescription legislation within the supply chain organization. This role will work with cross functional teams to enhance contracting strategy within the supply chain as well we help plans determine plan liability and appropriate management strategies to ensure an affordable and predictable benefit for Medicare beneficiaries. Leads the PBM through changes to Medicare benefits to ensure competitiveness and appropriate investment in external and internal opportunities. Develops, executes and enables strategic projects and integrates policy across several departments. Possesses significant freedom to act in the medium term and contributes to strategic policy decisions and long-term margin growth.
Role & Responsibilities
Represent Evernorth Business Development, serving as a subject-matter expert (SME) internally and externally, as needed, for large margin-driving projects, implementations and external contract negotiations.
Collaborate with external business development contacts and other internal departments, such as all areas of Evernorth and broader PBS including Sales and Account Management, Legal, Product Accounting, Technology, Human Resources and Finance to facilitate cross-functional initiatives key to margin growth.
Lead role in presenting internally and externally about Business Development and new Product Development initiatives and broader strategic projects, as well as broader healthcare market landscape dynamics within regulated market. Presentations will be to the executive level both internally and externally.
Manage tight deadlines for multiple competing priorities, scope, and converging opinions to solution in a timely manner. Responsible for medium-large sized projects / implementations from original concept through system implementation and maintenance, as required.
Strong financial acumen with the ability to seamlessly gather and analyze data and using data to develop insights, and drive to appropriate conclusions about the strategic and financial attractiveness of concepts/initiatives.
Qualifications & Experience
Master’s degree in finance with 8-10 years of experience
Actuary experience within the Medicare and/or Medicaid market
Experience with new product development a plus.
Experience in directing or working with multi-disciplinary teams.
Ability to work independently with minimal guidance.
Proven track record for success in leading high-performing teams in a matrixed environment.
Develop high performing team to meet margin annual margin goals. This includes managing, motivating, and mentoring potential direct reports over time.
Demonstrated thought leadership on challenging problems with examples of implementing innovative analytic and operational solutions and driving outstanding results.
Strong verbal/written communication and leadership skills to work with external parties and various matrix partners, including but not limited to Finance, Legal, Technology and Human Resources.
Ability to manage a vision and purpose with various business stakeholders and analytics teams.
Effective leadership, prioritization and management of complex deliverable portfolio in a dynamic environment.
Ability to efficiently develop insights from analytics and assess attractiveness of various concepts.
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.For this position, we anticipate offering an annual salary of 219,400 - 365,600 USD / yearly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus and long term incentive plan.
We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, vi
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