Account Executive I (PBM)
At a glance
Mid-level Account Executive role at MedImpact. Remote, United States of America · full-time.
In listing
Growth Roles summary, based on the employer's posting.
What you'll do
- Manage an assigned book of business against revenue goals, renewals, growth, and client satisfaction
- Build annual account strategies covering service, financial, clinical, and expansion priorities
- Lead client renewals, pricing proposals, contract negotiations, and implementation oversight
- Run client planning meetings, executive pharmacy briefings, leadership councils, and internal strategy sessions
- Coordinate service teams and subject-matter experts while supporting sales and prospect presentations
What you bring
- A bachelor’s degree plus three to seven years of related experience, or an equivalent combination
- Experience serving self-insured benefits clients such as employers, TPAs, states, unions, hospitals, or private-label PBMs
- Strong knowledge of health benefits and government prescription programs, preferably pharmacy benefits management
- Consultative selling, negotiation, analytics, communication, presentation, and Microsoft Office skills
Who this fits
You’ll fit if you can independently manage complex client relationships, lead cross-functional account teams, and handle renewals, contracts, and growth plans. The role has no supervisory responsibility and may require domestic travel up to thirty-five percent, sometimes with little advance notice. It is remote, based in San Diego, and does not offer sponsorship.
From the employer
Exemption Status:
United States of America (Exempt)$85,356 - $115,232 - $145,107“Pay scale information is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any selected candidate or employee, which is always dependent on actual experience, education, qualifications, and other factors. A full review of our comprehensive pay and benefits will be discussed at the offer stage with the selected candidate.”
This position is not eligible for Sponsorship.
MedImpact Healthcare Systems, Inc. is looking for extraordinary people to join our team!
Why join MedImpact? Because our success is dependent on you; innovative professionals with top notch skills who thrive on opportunity, high performance, and teamwork. We look for individuals who want to work on a team that cares about making a difference in the value of healthcare.
At MedImpact, we deliver leading edge pharmaceutical and technology related solutions that dramatically improve the value of health care. We provide superior outcomes to those we serve through innovative products, systems, and services that provide transparency and promote choice in decision making. Our vision is to set the standard in providing solutions that optimize satisfaction, service, cost, and quality in the healthcare industry. We are the premier Pharmacy Benefits Management solution!
Job Description
The Scoop:
The Account Executive is responsible for the success of the overall client business relationship of Complex Accounts, Strategic Key Accounts, and entire assigned book of business. Provides proactive and strategic support for achieving financial goals resulting from successful oversight of client deliverables, renewals and upsell activity. Manages all aspects of business relationships with minimal management involvement and exhibits a track record of performance that exceeds expectations. Ensures customer satisfaction, and effectively leads the account client team focusing on service, revenue, and operational efficiency as identified in strategic plans for the client and MedImpact. This position operates with a very high level of autonomy on complex business issues while requiring minimal management oversight.
What You Get To Do:
Level I
- Manage book of business in pursuit of fiscal revenue targets as set by management
- Develop and manage the account team annual strategic plan for assigned book of business to address all aspects of client lifecycle, including but not limited to service, financial, growth and clinical initiatives based on an understanding of each client’s business needs
- Ensure high degree of client satisfaction and retention through demonstrable results and by effectively leading the service team to achieve client service goals
- Effectively utilize MedImpact forums and resources to proactively address client needs and to escalate issues where appropriate
- Provide timely feedback of strategic plan performance and outcomes to the management to ensure service and growth opportunities are maximized and incorporated into the organizational strategy planning process
- Provide oversight of projects and client initiatives and assists in the interpretation and context of client requests
- Maintain the integrity of the annual strategic business plan and manage the fiscal revenue plan
- Manage client renewal process, including participation in development and review of proposal of pricing terms in lieu of the fiscal revenue plan, mitigate organizational risks with respect to performance guarantees, and unveil opportunities for MedImpact product usage as well as client growth and expansion
- Lead renewal presentations. Utilize all internal pro-forma financial tools and forums to ensure preparedness and success
- Support the implementation process for assigned clients, including oversight of implementation and contract terms
- Negotiate and manage client contract throughout the lifecycle of the account
- Build strong and positive internal relationships with your account service matrix team in order to realize the full potential of the assigned book of business
- Coordinate with MedImpact subject matter experts to increase knowledge of MedImpact products, services, and industry information to be incorporated into and strengthen client relationship
- Organize and lead client business planning meetings, quarterly and annual executive pharmacy briefings, client leadership councils and internal team strategy planning discussions
- Demonstrate proficiency in Excel, Word and PowerPoint, organizational web-based tools in support of these functions
- Supports and assists in sales and prospect presentations
- Develops and maintains effective relationships with client consultants as appropriate
Supervisory Responsibilities
This job has no supervisory responsibilities.
Education and/or Experience
For consideration candidates will need:
Level I:
- Bachelor’s Degree from four-year college or university
- Three (3) to seven (7) years related experience, or equivalent combination of education and experience
Self-Insured – Experience in the Self-Insured benefits arena, preferably with Employers, TPAs, States/Municipalities, Unions, Hospitals, private label PBM’s, Cash Card and/or other related entities.
Other Skills and Abilities
Outstanding knowledge of the health benefits arena, government prescription programs, preferably in pharmacy benefits management. Strong consultative selling and negotiation skills, Strong computer, and analytic skills, including experience creating and delivering client presentations using MS Office programs and use of internal system reporting tools and databases. Knowledge of healthcare products and contracts preferred. Strong verbal, written, interpersonal, presentation, persuasion and consulting skills required. Excellent communication, writing and public presentation skills essential.
Travel
This position may require domestic travel up to 35% of the time, with little or no advance notice and depending on client contractual requirements.
The Perks:
Medical / Dental / Vision / Wellness Programs
Paid Time Off / Company Paid Holidays
Incentive Compensation
401K with Company match
Life and Disability Insurance
Tuition Reimbursement
Employee Referral Bonus
To explore all that MedImpact has to offer, and the greatness you can bring to our teams, please submit your resume to www.medimpact.com/careers
MedImpact, is a privately-held pharmacy benefit manager (PBM) headquartered in San Diego, California. Our solutions and services positively influence healthcare outcomes and expenditures, improving the position of our clients in the market. MedImpact offers high-value solutions to payers, providers and consumers of healthcare in the U.S. and foreign markets.
Equal Opportunity Employer, Male/Female/Disabilities/Veterans
OSHA/ADA:
To perform this job successfully, the successful candidate must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
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