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Sr Director, Pharmacy Benefits Solutions (Diabetes)

Medtronic
Northridge, United Statesfull_timeVerifiedPosted 30 Jul 2025
💰 $250,000/yr

About the role

We anticipate the application window for this opening will close on - 11 Aug 2025


 

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Medtronic Diabetes is seeking an experienced and strategic Senior Director to lead our Pharmacy Benefit Solutions Team, focused on developing and executing comprehensive contracting strategies with Pharmacy Benefit Managers (PBMs), expanding access through innovative partnerships, and building a high-performing account management team. This leader will play a critical role in shaping our market access strategy, ensuring broad formulary coverage, and driving the adoption of our diabetes technologies across payer and channel partners. The ideal candidate is a strategic thinker with a proactive mindset, deep industry expertise, and a proven track record of successful payer negotiations and account management leadership.

This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.

Responsibilities may include the following and other duties may be assigned.

Contracting Strategy & Execution:

  • Develop and lead the strategic direction for national PBM and payer contracting, including formulary access, rebate structures, value-based agreements, and pharmacy-distribution models
  • Build and maintain deep, trusted relationships with key payer decision-makers, including national and regional health plans, PBMs, government agencies, and integrated delivery networks (IDNs)
  • Lead high-stakes negotiations with top-tier PBMs and national accounts to secure favorable terms that expand product and technology access
  • Analyze market trends, regulatory changes, and competitive intelligence to proactively adjust contracting strategy

Team Leadership & Organizational Development:

  • Envision, hire, mentor, and lead a best-in-class National and Regional Accounts team
  • Develop KPIs for account planning, customer engagement, and business performance tracking
  • Foster a high-performance culture that emphasizes accountability, collaboration, and innovation

Cross-Functional Collaboration:

  • Partner with internal teams (e.g., Market Access/Marketing, Sales, Legal, Health Plan Solutions, and Finance) to ensure alignment on contract development, execution, and pull-through strategies
  • Serve as a key member of the Market Access leadership team and contribute to overall commercial strategy.

Technology Expansion & Value Communication:

  • Drive strategic initiatives to expand access and adoption of our diabetes technologies across payer networks
  • Collaborate to identify opportunities for innovative pricing and access models (e.g., risk-based contracts, digital enablement)

Must Have Requirements: 

  • Bachelor’s degree and 15+ years of experience in pharmaceutical or biotech sales/market access and 10 years of managerial experience
  • OR, advanced degree with 13+ years of experience in pharmaceutical or biotech sales/market access and 10 years of managerial experience

Nice to Have: 

  • 5+ years leading PBM/national account strategy
  • Deep understanding of the U.S. payer and PBM landscape, healthcare reimbursement models, and pharmaceutical contracting
  • Strong strategic thinking and analytical skills, with the ability to translate insights into action
  • Excellent leadership, team-building, and communication skills
  • Highly collaborative and capable of influencing across all levels of an organization
  • Travel requirement ~40%

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

The physica

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Company

Medtronic

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