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UnitedHealth Group
Schaumburg, IL | Full Time
$122k-162k (estimate)
2 Days Ago
Sr Network Contract Manager - PBM -Remote
UnitedHealth Group Schaumburg, IL
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$122k-162k (estimate)
Full Time | Insurance 2 Days Ago
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UnitedHealth Group is Hiring a Remote Sr Network Contract Manager - PBM -Remote

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.

You’ll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.

Primary Responsibilities:

  • Lead and assist with contractual negotiations
  • Develop and execute on provider strategy development
  • Maintain an ongoing knowledge of provider’s business as well as their contract with OptumRx
  • Provide positive alternatives to complex situations encountered by providers and manage expectations
  • Escalate provider concerns internally and to help solve complex issues
  • Communicate effectively with providers via face-to-face meetings, conference calls and written correspondence
  • Manage contractual obligations including but not limited to contract compliance
  • Be a self-starter, produce quality work, make decisions, and deliver on commitments
  • Drives development of the provider network yielding a geographically competitive, broad access, stable network that achieves objectives for cost performance
  • Performs contract negotiation and pricing – evaluates and negotiates contracts in compliance with company contract templates, reimbursement structure standards, and other key process controls
  • Establishes and maintains solid business relationships with Pharmacy providers, and ensures the network composition includes an appropriate distribution of provider specialties
  • Balance financial and operational impact of contracts to providers, members, and different customer groups when developing and/or negotiating contract terms
  • Support evaluation of market rates and provider performance in order to establish provider rates and negotiation strategies
  • Explain the organization’s direction and strategy to internal partners and providers in order to justify methodologies, processes, policies, and procedures
  • Identify and gather information regarding provider issues in order to develop and/or implement strategy to resolve matter, keep manager informed of progress, or escalate issue to appropriate internal business partner
  • Represent department in external meetings (e.g., ancillary providers; physician groups; facilities) to gather relevant information, recommend solutions, execute on deliverables as assigned and explain results/decision/activities
  • Monitor and/or oversee provider financial performance to identify opportunities to improve performance and/or provider relationship
  • Monitor and/or oversee network performance and industry trends to identify opportunities to refine, develop, and/or implement market strategies
  • Other duties as assigned

You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

  • 3 years of experience with network contracting or provider relations 
  • 3 years of experience with PBM or pharmacy contract management
  • Intermediate to advanced level of experience using Excel (pivot tables, V-lookups)
  • Demonstrate understanding of contract language in order to assess financial and operational impact and legal implications of requested contract changes

Preferred Qualifications:

  • Experience using Tableau, Power BI, Salesforce 
  • Experience with PBM regulatory requirements
  • Experience with Pharmacy rates, pricing analytics 
  • Experience working in a highly matrixed/cross-functional environment 
  • Experience working with contract negotiations, reimbursement models, and cost models for Pharmacy
  • Demonstrated understanding of and utilize applicable financial tools and reports (e.g., internal financial models; external reports) to develop rates
  • Demonstrated understanding of contract language in order to assess financial and operational impact and legal implications of requested contract changes
  • Demonstrated understanding of competitor landscape within the PBM market (e.g., rates; market share; products; provider networks; market intelligence; GeoAccess)
  • Demonstrated understanding of key pharmacy reimbursement models
  • Demonstrated ability to utilize appropriate contract management systems to author and execute contracts and to access supplemental contractual documents

You’ll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.

California, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, Washington, Washington, D.C. Residents Only: The salary range for this role is $88,000 to $173,200 annually. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives. 

Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission.

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Insurance

SALARY

$122k-162k (estimate)

POST DATE

06/27/2024

EXPIRATION DATE

08/25/2024

WEBSITE

unitedhealthgroup.com

HEADQUARTERS

THREE BRIDGES, NJ

SIZE

>50,000

FOUNDED

1980

INDUSTRY

Insurance

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About UnitedHealth Group

Our mission is to help people live healthier lives and to help make the health system work better for everyone. A Fortune 6 company, we're focused on helping people live healthier lives while making the health system work better for everyone. Here, we seek to empower people with the information, guidance and tools to make personal health choices. We work harder and we aim higher. We expect more from ourselves and each other. And, at the end of the day, were doing a lot of good for more than 142 million people worldwide. Our biggest point of differentiation is our people - and the collective ta...lent, energy, intelligence and drive our force of 305,000 individuals around the world bring to our mission every single day. So, how do we do it? With our every action, interaction and intention that demonstrates the five fundamental values that guide everything we do: Integrity Compassion Relationships Innovation Performance If you're looking for a place where your drive, compassion and passion can make a difference in the health and well-being of others, consider UnitedHealth Group. Click below to search careers or join our social communities: Search and apply for careers at: http://careers.unitedhealthgroup.com Like us on Facebook at: http://www.facebook.com/uhgcareers Follow us on Twitter at: http://www.twitter.com/uhgcareers Diversity creates a healthier atmosphere: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law. UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment. More
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