Capital Rx
Affordable Pharmacy Benefits, Powered by Modern Infrastructure.
Account Executive
Location
New York
Posted
167 days ago
Salary
$120K - $160K / year
Bachelor Degree5 yrs expExperience acceptedEnglish
Job Description
• Manage planning, execution, growth & retention and client satisfaction for assigned Pharmacy Benefit Administration (PBA) clients including Health Plans, TPAs, and Platform services
• Act as the quarterback and leader of the broader Account Management team; report to the Senior Account Executive/Senior Director, PBA Client Services
• Lead and develop client relationship strategy and strategic business planning across assigned portfolio
• Maintain knowledge and tracking of contractual obligations, financials, performance guarantees, terms, and reporting/compliance
• Manage and facilitate account renewal and contracting process with focus on client retention and client financial/PNL management
• Serve as relationship lead on assigned book of business; build and foster relationships with influencers and decision makers
• Identify customer needs and proactively discover new opportunities within assigned accounts
• Collaborate with internal teams to customize offerings and align solutions with account needs
• Analyze pharmacy and healthcare trends, competitor activities, and industry regulations to inform strategy and recommendations
• Lead, coach and support Account Team on positioning of Capital Rx value proposition, products, and JUDI capabilities
• Partner with Business Development, Underwriting & Senior Account Executives to support growth, RFP support, Broker/Consultant engagement, and Best & Final processes
• Identify and contribute to process improvement efforts
• Own client end-to-end including service model deliverables, contractual negotiations, client escalations and PNL management
Job Requirements
- Bachelor’s or advanced degree in health administration, business, or relevant professional experience. Bachelor of Pharmacy (B.S. Pharmacy) or Doctor of Pharmacy (PharmD) degree from an accredited institution is a plus
- Relevant professional experience for at least five (5) years in pharmacy – working within a health plan, managed care, or pharmacy benefits management (PBM) focused on Health Plans and Payer Commercial (Insured, Self-Funded, Exchange) and Government Program (Medicare & Medicaid) business lines. Health plan industry experience highly preferred
- Market and operational knowledge of Medicare Part D, Medicaid and Health Exchange pharmacy is required along with experience in supporting highly regulated business lines
- Track record of building trust in internal and external relationships
- Solution-focused problem solving and client positioning skills
- Exceptional written and verbal communication skills
- Ability to work with and influence peers in a team effort; leading cross-functional initiatives, meeting deadlines, and executing on deliverables while building strong internal relationships
- A decisive individual with sound technical skills, analytical ability, good judgement, and strong operational focus and detail-oriented perspective
- Flexible, highly organized, and able to shift priorities easily and work independently to meet deadlines
- Ability to effectively work with peers in a team effort
- Proficient in Microsoft Office Suite with emphasis on Microsoft Excel and large data sets and other industry software programs
- Ability to travel and present to small and large groups; travel is estimated to be up to 25% and be variable by season and business cycle.
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