Assistant Chief, Pharmacy Benefits Unit

4 days ago


Albany, New York, United States StateJobsNY Full time
Job Title: Assistant Chief, Pharmacy Benefits Unit

The New York State Department of Financial Services is seeking a highly skilled and experienced professional to serve as the Assistant Chief of the Pharmacy Benefits Unit. This role will be responsible for leading the team that regulates the pharmacy benefit manager industry in New York, overseeing the day-to-day operations of the unit, and managing the staff responsible for licensing and supervising Pharmacy Benefits Managers (PBMs) operating in the state.

Key Responsibilities:

  • Oversee and manage the day-to-day operations of the Pharmacy Benefits Unit (PBU) and staff.
  • Manage the drafting of regulations and regulatory filings necessary to implement Article 29 of the Insurance Law and other relevant statutes.
  • Lead the Pharmacy Benefits Unit to implement the State's pharmacy benefits and drug pricing legislation.
  • Provide guidance and expertise on pharmacy and drug pricing related legislative proposals.
  • Oversee the design and implementation of new systems to support the PBU.
  • Coordinate and work collaboratively with the Health Bureau, Executive leadership, and other DFS units and bureaus.

Requirements:

  • A bachelor's degree or higher (JD preferred) and at least 5 years of experience in the insurance or financial services industry.
  • General familiarity with insurance regulation and New York Insurance Law.
  • Superior written and oral communication skills.
  • Strong analytical skills.
  • Strong project management skills, including experience managing many time-sensitive, complex projects simultaneously.

Additional Information:

Positions located within the New York City metropolitan area, as well as Suffolk, Nassau, Rockland, and Westchester Counties, are also eligible to receive an additional $3,400 annual downstate adjustment.



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