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Director of Pharmacy
2 months ago
We are seeking a highly skilled and experienced Director of Pharmacy to join our team at Wellmark, Inc. As a key member of our pharmacy leadership team, you will be responsible for driving the development and implementation of our pharmacy programs, ensuring alignment with our company's strategic goals and objectives.
Key Responsibilities- Collaborate with our pharmacy benefit manager to meet the goals and objectives of our pharmacy program.
- Drive collaboration and engagement across matrixed workgroups and teams to deliver product roadmaps from development to implementation and client consulting and support.
- Exercise direction and leadership for the pharmacy team members accountable for developing, pricing, naming, creating market position and packaging of our pharmacy products.
- Provide direction and leadership for the pharmacy team members responsible for supporting market intelligence, marketing, sales, and client support.
- Support other business areas and lead the analytical and financial framework within the pharmacy team to identify practical and meaningful business improvement opportunities.
- Provide day-to-day leadership of financial and human resources, focusing on employee and leader coaching, development, performance improvement, coordination, and budgeting for multiple staff and department(s) specific functions/services.
- Leverage insights, data, and competitive intelligence to track and monitor pharmacy solution performance and facilitate the identification and connection to the portfolio of solutions in our product catalogue.
- Serve as a key liaison and customer interface for our pharmacy program, building strong relationships and closely partnering with Sales, Product, Segment Planning and Performance, Client Consulting, Member Experience, Communications, and other internal stakeholders.
- Ensure compliance with our commercial and government lines of business by understanding rules and regulations impacting our business at the state and federal level.
- Partner and execute in vendor relationships, accountable for managing vendor relationships and ensuring alignment with our pharmacy strategy and enhancing the customer experience.
- Analyze pharmacy & medical benefit drug utilization data to determine overall program effectiveness and identify opportunities for improvement.
- PharmD or MBA or master's degree preferred; health outcomes training; finance and/or business-related pharmacy practice.
- Bachelor's degree, or direct and applicable work experience, OR PharmD.
- Minimum 7 years of combined experience in product development, product management, sales or related role, with demonstrated financial acumen, including an understanding of underwriting, financial metrics, etc.
- Prior experience should reflect the ability to build, implement, and drive forward product strategies that achieve bottom-line results.
- Healthcare or related industry experience, including knowledge of health insurance products, benefit design, etc. Understanding of applicable rules, regulations, and guidelines.
- Demonstrated leadership experience, including building/developing high performing leaders and leaders of teams that consistently deliver value-added results.
- Highly effective analytical skills, business intuition, and demonstrated proficiency distilling large amounts of information into the most relevant insights.
- Strong verbal and written communications skills with the ability to successfully share insights or recommendations with stakeholders, including senior leadership.
- Outstanding collaboration skills with the ability to influence, solicit cooperation and action from others and the ability to collaborate with business and technical leaders to educate and gain understanding and buy-in.
- Proficiency with the Microsoft Windows Office Suite, including Word and Excel. Technical aptitude to learn new systems quickly.
We offer a competitive salary and benefits package, as well as opportunities for professional growth and development. If you are a motivated and experienced professional looking for a new challenge, we encourage you to apply for this exciting opportunity.
