Full-Time

Avp – PBM Configuration Services

Posted on 4/12/2024

Abarca Health

Abarca Health

501-1,000 employees

Digital pharmacy benefits management platform

Data & Analytics
Financial Services

Expert

Remote in USA

Required Skills
Power BI
Communications
Management
Requirements
  • Bachelor's Degree or master's degree in business administration, Healthcare or a related area
  • 12+ years of experience in a leadership role in the Pharmacy Benefit Manager industry
  • Experience with operations and external regulator guidelines (such as Medicare, Medicaid, and state requirements)
  • Experience leading teams within the pharmacy claims management and configuration arenas
  • Experience with dashboard tools, such as Power BI and Excel tools
  • Experience with handling multiple projects at once in collaboration with internal and external stakeholders
  • Excellent verbal and written communication skills
Responsibilities
  • Lead and manage teams of pharmacy benefit management (PBM) professionals within the configuration services department to deliver high quality
  • Collaborate with senior leadership to develop and execute long-term strategies for the growth and success of the configuration services department within Abarca
  • Serve as a subject matter expert on pharmacy benefit configuration processes and practices, representing the department in client meetings, industry conferences, and internal discussions
  • Formulate strategic initiatives and collaborate on the development of relevant OKRs (Objectives, Key Results), tracking the advancement of established objectives
  • Establish and oversee the monitoring of key performance indicators (KPIs) to assess the efficacy and productivity of configuration services, instituting corrective measures as necessary
  • Stay abreast of industry developments, regulatory changes, and emerging technologies related to pharmacy benefit management, integrating relevant advancements into configuration practices
  • Provide leadership and mentorship to team members, fostering a culture of accountability, collaboration, and continuous improvement
  • Implements staffing strategies to cultivate a team of subject matter experts in the Darwin adjudication platform, Abarca’s ongoing expansion
  • Defines definitive product priorities for both external clients and internal stakeholders within the realms of configuration and adjudication
  • Serve as an integral part of the organization’s leadership team to help strategically plan for growth and develop ways to increase the optimal operational efficiencies and quality of claims processing at point of service
  • Collaborate with cross-functional teams to plan and execute projects and to deliver the highest quality of service for all clients and partners
  • Maintain a standard of continuous process improvement, including setting up the necessary control mechanisms for issue escalation
  • Ensure the configuration team remains current to any system changes or new functionalities that could impact compliance with CMS and state regulations and/or benefit design
  • Conduct performance reviews, quarterly/semi-annual check-ins, and staff meetings to guide performance management and employee development efforts and direct them toward departmental goals, including quality and process improvement efforts
  • Establish and cultivate teamwork, communication, and accountability

Abarca Health offers a cutting-edge PBM technology platform, Darwin™, and a unique pricing solution, Assura, both designed to enhance predictability and transparency in managing drug spend. This focus on making drug costs more manageable not only sets the company apart in the pharmaceutical industry but also creates a workplace culture centered around innovation and client satisfaction. Employees can take pride in contributing to a company that directly influences the affordability and accessibility of healthcare, making it an excellent place for those looking to make a meaningful impact in the sector.

Company Stage

N/A

Total Funding

N/A

Headquarters

San Juan, Puerto Rico

Founded

2005

Growth & Insights
Headcount

6 month growth

9%

1 year growth

15%

2 year growth

28%

Benefits

PTO

Parental leave

Work flexibility

Health insurance

Wellness stipend

401k

Tuition reimbursement

Leadership development programs

INACTIVE