Company name
Humana Inc.
Location
Washington, DC, United States
Employment Type
Full-Time
Industry
Executive, Manager
Posted on
Feb 04, 2021
Profile
Description
The Director, Pharmaceutical Manufacturer Relations ensures the Pharmacy trade strategy aligns with formularies and the desired health outcomes of patients. The Director, Pharmaceutical Manufacturer Relations requires an in-depth understanding of how organization capabilities interrelate across the function or segment.
Responsibilities
The Director of Pharmaceutical Manufacturer Relations resides in Humana Pharmacy Solutions' Supply Chain Strategies and Analytics Segment and ensures the Pharmacy trade strategy aligns with formularies and the desired health outcomes of patients. The Director, Pharmaceutical Manufacturer Relations requires an in-depth understanding of how organization capabilities interrelate across the function or segment and reports to the Market Vice President of Manufacturer Trade Relations.
The Director, Pharmaceutical Manufacturer Relations contracts and works closely with manufacturers and serves as a key collaborator with Internal Pharmacy Leaders to determine which prescription drugs are covered and managed on Employer Group plan formularies. The role is responsible for account and relationship management with manufacturers and managing the interface between Humana's Employer Group Segment, trade relations, corporate finance, analytics, underwriting, and clinical pharmacy strategy teams.
Responsibilities include:
Under direction of the Market Vice President of Manufacturer Trade Relations- and with input from Pharmacy Clinical Strategies, Analytics, and underwriting- collaborate to develop formulary strategies to improve affordability and advance the delivery of integrated care in the employer group segment.
Engage Employer Group Segment and Consumer Experience leaders to develop and execute drug coverage strategies supporting Humana Employer Group business strategy.
Accountability for the daily management and relationship interface between Pharmacy Manufacturer Trade Relations, Corporate Finance, and manufacturers.
Leverage management reporting tools and develop briefings on the rebate performance in the commercial line of business to support enterprise budget and trend projections.
Serving as a liaison between Employer Group business leaders and the Pharmacy Manufacturer Relations and Analytics teams.
Provide leadership guidance, general issue management, and strategic stakeholder engagement as it relates to Employer Group drug rebate performance.
Qualifications
Background: 8-10 years in manufacturer trade relations or the financial management of prescription drug benefits or pharmacy benefit management experience at a health plan or PBM.
Advanced understanding of the U.S. prescription drug supply chain including the flow of goods from manufacturers to consumers, the flow of payment and key financial relationships.
Must have strong knowledge of the Employer Group commercial business environment as it relations to prescription drug benefits.
Ability to work in cross-functional teams (matrixed environment) including interfacing with business executives to communicate drug coverage strategies and the value they produce to support Employer Group strategic business goals.
Bachelor's degree required
Post graduate education or professional degree preferred
Scheduled Weekly Hours
40
Company info
Humana Inc.
Website : http://www.humana.com