What are the responsibilities and job description for the Program Manager Pharmacy Operations & Formulary/Rebate Management position at Prism IT Corp?
Job Details
Program Manager Pharmacy Operations & Formulary/Rebate Management
Location: Mountlake Terrace, WA (Hybrid)
Duration: Contract
Industry: Health Insurance
We are seeking an experienced Program Manager to oversee pharmacy operations, formulary management, and rebate processing for our client, a mid-sized health insurance company. The ideal candidate will have a deep understanding of pharmacy benefits, PBM relationships, formulary structures, and regulatory compliance while leveraging strong program and project management skills.
< class="" data-start="710" data-end="738">Responsibilities:Manage multiple projects related to pharmacy operations, formulary development, and rebate strategy.
Collaborate with PBMs and internal teams to optimize formulary structures and rebate agreements.
Ensure adherence to CMS guidelines, healthcare mandates, and regulatory requirements.
Work with cross-functional teams, including Finance, Compliance, Legal, IT, and Clinical Operations.
Identify risks, develop mitigation strategies, and drive resolution of operational challenges.
Monitor program performance and provide data-driven insights on rebates, formulary effectiveness, and compliance.
Identify and implement process improvements, automation, and best practices.
5 years of Program or Project Management experience in pharmacy operations, formulary management, and rebate processing.
Strong knowledge of health insurance, PBM relationships, and pharmaceutical rebate structures.
Experience with CMS guidelines, state/federal healthcare mandates, and regulatory frameworks.
Proven ability to lead cross-functional teams and manage stakeholder relationships.
Proficiency in Agile, Waterfall, or Hybrid project management methodologies.
Experience in claims processing, utilization management, and benefit design.
PMP, PgMP, or relevant Project Management certifications.
Background in healthcare IT systems, pharmacy data analytics, or financial modeling.