Pharmacy Contract Analyst

Company: Highmark Inc. Job Summary This job supports the Highmark Pharmacy Services organization and, specifically, the Pharmacy Contract Consultant, in the negotiation, development and execution of pharmacy and applicable vendor contracts. Additionally, the incumbent will collaborate with Pharmacy Services vendor management team to oversee external vendor performance. The incumbent will regularly collaborate with the Pharmacy Contract Consultant and other internal business units (e.g., legal, procurement and privacy) and external vendor partners (e.g., Pharmacy Benefit Manager, Specialty Pharmacies) to help manage the end-to-end contract lifecycle, including contract renewals, negotiations, terminations and amendments as needed by the business. In the course of assisting with management of the portfolio of pharmacy and applicable vendor contracts, the incumbent interfaces with other organization stakeholders in order to maximize value and mitigate risk to the organization. In addition, the incumbent will help partner with the Pharmacy Services leadership team on contracting initiates related to specific team business needs in support of the overall organization’s strategic pharmacy contracting portfolio. Other related job functions include but are not limited to the identification of relevant contract language, proactively monitoring the terms of contracts and documenting compliance with those terms, responding to contract disclosure requests to support external audit activities, contract maintenance and storage and support of pharmacy and related RFPs. Essential Responsibilities Assist in the management of the Pharmacy Services contract portfolio including contract development, negotiation, renewal, termination, execution and hard copy/electronic storage. Interface with the Organization’s stakeholders in the management of the pharmacy and vendor contract portfolio in order to maximize value and mitigate risk to the organization. Partner with the Pharmacy Services leadership team on contracting initiatives related to specific team business needs in support of the overall organization’s strategic pharmacy contracting portfolio. Support review and execution of amendments, additions, deletions to all contract documents. Collaborate with Pharmacy Services vendor management team to oversee external vendor performance. Other duties as assigned or requested. Education Required Bachelor's Degree in Administration Management, Supply Chain, Finance or related field or three years of relevant experience and/or education as determined by the company in lieu of bachelor's degree. Preferred None Experience Required 3 years of Contract development Preferred 3 years in the Healthcare industry 3 years in Managed Care 3 years of Pharmacy benefit management 3 years in Procurement Licenses or Certifications Required None Preferred None Skills Strong written and oral presentation skills Communication skills Demonstrated attention to detail Language (Other than English) None Travel Requirement 0% - 25% Physical, Mental Demands and Working Conditions Position Type Office-based Teaches / trains others regularly Occasionally Travel regularly from the office to various work sites or from site-to-site Rarely Works primarily out-of-the office selling products/services (sales employees) Never Physical work site required Yes Lifting: up to 10 pounds Constantly Lifting: 10 to 25 pounds Occasionally Lifting: 25 to 50 pounds Rarely Disclaimer The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job. Compliance Requirement This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies. As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements. Pay Range Minimum $68,400.00 Pay Range Maximum $105,900.00 Base pay is determined by a variety of factors including a candidate’s qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations. The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets. Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law. #J-18808-Ljbffr Highmark Health