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MedImpact

Independent PBM reducing prescription costs

Trade Relations Manager

Business OperationsConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • A BS/BA and 9+ years of experience, or an equivalent combination of education and experience, and 6 years of subject-matter expertise in the respective areas.
  • Expert knowledge of Microsoft Office Suite, including required Word, Access, and Excel skills.
  • Solid working knowledge of the pharmacy benefit management industry, healthcare, and government programs.
  • Experience with operational application of database applications, accounting, finance, or data analysis.
  • Experience leading quality improvement initiatives.
  • Ability to represent the company at the enterprise level and make appropriate business decisions.
  • Ability to prioritize competing tasks and complete critical deliverables aligned with department goals.
  • Ability to execute complex cross-functional projects and initiatives.
  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Ability to interpret instructions furnished in written, oral, diagram, or schedule form.
  • Ability to apply fractions, percentages, ratios, and proportions to practical situations.
  • Ability to present information effectively and respond to questions from managers, clients, customers, and the general public.
  • Ability to read, analyze, and interpret complex documents.
  • Ability to sit, stand, walk, talk, hear, use hands to handle objects, reach with hands and arms, and occasionally lift or move up to 25 pounds.
  • Ability to maintain close visual acuity and adequate color vision and depth perception for detailed tasks.
  • Flexibility to work beyond traditional hours, including nights, weekends, or holidays, as needed.
  • Availability during typical core business hours of Monday through Friday, 8:00 a.m. to 5:00 p.m.
  • Willingness to travel domestically up to 10% of the time.

Responsibilities

  • Provide oversight and management for the Trade Relations Strategy in a client- and vendor-facing role, including contracting, identifying market strategy, and monitoring rebate vendor performance for accuracy and timeliness of rebate billing activities.
  • Help ensure the company delivers on rebate guarantees to attract and retain clients.
  • Lead rebate-related projects and process improvement initiatives.
  • Manage implementation of rebate-related new product development opportunities.
  • Establish vendor relationships to implement programs that improve rebate yield.
  • Oversee vendor performance, document service failures, escalate issues to Trade leadership as needed, and track performance concerns through resolution.
  • Work with Sales and Account Management teams to implement rebate services for existing and prospective clients and execute the rebate value proposition.
  • Manage rebate risk by evaluating and updating request-for-proposal responses and contract language related to rebates.
  • Lead rebate-related support for new sales and renewals, including request-for-proposal answers and best-and-final-offer sales strategy.
  • Ensure department and vendor metrics are tracked and monitored.
  • Build collaborative working relationships within Trade Relations to deliver client value, generate revenue, and reduce risk.
  • Develop and maintain policies and procedures related to Trade Relations Strategy and identify and implement process improvements.
  • Train and mentor Trade Relations staff.
  • Provide internal and external client support, respond promptly to client needs and service requests, solicit feedback to improve service, and meet commitments to clients.
  • Work from the San Diego headquarters or another company location, or from a remote location with management approval based on business requirements; support internal clients and coordinate with employees, colleagues, clients, and vendors to facilitate effective stakeholder decisions.

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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