Exemption Status:
United States of America (Exempt)
$114,622 - $160,472 - $206,321
“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
Summary
The Principal, Underwriting Strategy develops bid strategies to assist departments to obtain and maintain clients. This position ensures that financial opportunities are aligned with corporate strategies.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
Assist in the strategy development around financial quotes that provide optimum cost performance for clients as well as maximize the revenue opportunity for MedImpact.
Participate in discussions with clients and/or consultants around the financial offerings being proposed by MedImpact.
Addresses questions around pricing, caveats, and outcomes.
Account for revenue opportunities on new business by working with the Sales Executives on pricing.
Establish rigorous process to document and assess client and/or consultant feedback, competitive intelligence, and other market intelligence to assist pricing decisions.
Utilizes market analysis in development of new product price offerings.
Monitor and track the various bid offerings to provide executive reporting around how the market is evolving and identify areas where MedImpact needs to improve to stay competitive.
Monitors, analyzes, and reports on variances in profit and loss statement versus underwriting results.
Review and provide guidance around contractual language pertaining to discount guarantees, rebate offer and product & service pricing to ensure the agreement supports what was underwritten.
Other duties may be assigned.
Client Responsibilities
This is an internal and external client facing position that requires excellent customer service skills and interpersonal communication skills (listening/verbal/written). One must be able to; manage difficult or emotional client situations; Respond promptly to client needs; Solicit client feedback to improve service; Respond to requests for service and assistance from clients; Meet commitments to clients.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience
BA/BS Degree; 8+ years related experience and 8+ years of SME in respective area(s); (or equivalent combination of education and experience).
Computer Skills
To perform this job successfully, an individual should have knowledge Microsoft Office Excel and Word software.
Other Skills and Abilities
7+ years…