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MedImpact

Independent PBM reducing prescription costs

Account Executive 1

Account ManagementPosted on Nov 11
Full-timeRemote

About the Job

Requirements

  • A BS/BA and 7 or more years of experience, or an equivalent combination of education and experience, plus 4 years of subject-matter expertise in the respective areas.
  • Intermediate to advanced skills in Microsoft Office, including Word, Excel, PowerPoint, Project, and Outlook, as well as CRM tools.
  • Outstanding knowledge of the Union Taft-Hartley market segment, the health benefits arena, and government prescription programs; pharmacy benefits management experience is preferred.
  • Strong consultative selling and negotiation skills.
  • Strong computer and analytical skills, including experience creating and delivering client presentations using Microsoft Office programs and using internal system reporting tools and databases.
  • Knowledge of healthcare products and contracts is preferred.
  • Strong verbal, written, interpersonal, presentation, persuasion, and consulting skills.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Ability to apply mathematical concepts such as fractions, percentages, ratios, and proportions to practical situations.
  • Ability to effectively present information to top management, public groups, and boards of directors.
  • Ability to provide excellent client service, manage difficult or emotional client situations, respond promptly to client needs, solicit feedback to improve service, respond to requests for assistance, and meet commitments to clients.
  • Ability to work beyond traditional hours, including nights, weekends, or holidays as required, and flexibility when business needs change.
  • Ability to travel domestically up to 20% of the time.
  • Ability to provide adequate support to internal clients and be available for regular coordination with employees, colleagues, clients, and vendors.

Responsibilities

  • Manage the assigned book of business to pursue fiscal revenue and upselling targets set by management.
  • Assist in developing and managing the annual strategic plan for the assigned account team and book of business, addressing client lifecycle service, financial, growth, and clinical initiatives based on client needs.
  • Ensure client satisfaction and retention through demonstrable results and by leading the assigned account management team to achieve client service goals.
  • Use Sav-Rx and MedImpact forums and resources to proactively address client needs and escalate issues where appropriate.
  • Provide timely feedback on strategic plan performance and outcomes to the account management leadership team so service and growth opportunities can be maximized and incorporated into organizational strategic planning.
  • Oversee projects and client initiatives and assist with interpreting client requests.
  • Maintain the annual strategic business plan and manage the fiscal revenue plan.
  • Lead and manage the client renewal process, including developing and reviewing pricing proposals in line with the fiscal revenue plan, mitigating organizational risks related to performance guarantees, and identifying opportunities for MedImpact product use, client growth, and expansion.
  • Lead preparation of client presentations and teach account managers how to deliver Utilization Review presentations.
  • Support implementation for assigned clients, including overseeing implementation and contract terms.
  • Negotiate and manage client contracts throughout the account lifecycle.
  • Build internal relationships with Operations and Clinical teams to realize the potential of the assigned book of business.
  • Coordinate with Sav-Rx and MedImpact subject-matter experts to build knowledge of enterprise products, services, and industry information and strengthen client relationships.
  • Organize and lead client business-planning meetings, quarterly and annual executive pharmacy briefings, client leadership councils, and internal team strategy-planning discussions.
  • Use Excel, Word, PowerPoint, CRM, and other web-based organizational tools to support these functions.
  • Support sales and prospect presentations.
  • Develop and maintain effective relationships with client consultants as appropriate.

Desired Qualifications

  • Pharmacy benefits management experience.
  • Knowledge of healthcare products and contracts.

About the Company

MedImpact

Independent PBM reducing prescription costs

MedImpact is an independent pharmacy benefit manager serving health plans, self-funded employers, and government entities. It designs and administers prescription drug benefits, including formulary management, benefit design, utilization management, claims processing, clinical programs, and specialty drug management to cut costs and improve health outcomes. It differentiates itself as independent (not owned by a payer or drugstore) with transparent and flexible pricing across a broad client base and end-to-end benefit management. Its goal is to lower prescription drug costs for clients while improving member health through data-driven, transparent, and comprehensive programs.

Company size
1,001-5,000
Company stage
Seed
Total funding
$2.8M
Headquarters
San Diego, CA
Founded
1989

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