Director, Rebate Contract Operations

Company Lumicera About Us Lumicera - Lumicera Health Services Powered by Navitus - Innovative Specialty Pharmacy Solutions- Lumicera Health Services is defining the “new norm” in specialty pharmacy to optimize patient well-being through our core principles of transparency and stewardship. Here at Lumicera, our team members work in an environment that celebrates creativity and fosters diversity. ._____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________. Current associates must use SSO login option at https://employees-navitus.icims.com/ to be considered for internal opportunities. ______________________We are committed to providing equal employment opportunity to all applicants and employees and comply with all applicable nondiscrimination regulations, including those related to protected veterans and individuals with disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or handicap. Pay Range USD $142,128.00 - USD $177,660.00 /Yr. STAR Bonus % (At Risk Maximum) 15.00 - Director, GM of GP, PIC Work Schedule Description (e.g. M-F 8am to 5pm) M-F 8am to 5pm Remote Work Notification ATTENTION: Lumicera is unable to offer remote work to residents of Alaska, Connecticut, Delaware, Hawaii, Idaho, Kansas, Kentucky, Maine, Massachusetts, Mississippi, Montana, New Hampshire, New Mexico, North Dakota, Rhode Island, South Carolina, South Dakota, Vermont, Washington DC, West Virginia, and Wyoming. Overview Lumicera Health Services is seeking a Director, Rebate Contract Operations to join our team! The Director, Rebate Contract Operations is responsible for all operational aspects of Lumicera’ contract program including but not limited to core operations, client operations, contract optimization, sales support, pricing/guarantees, point of sale contracts, and vendor management. Is this you? Find out more below! Responsibilities How do I make an impact on my team? Data flow between Lumicera Contracts team and other internal stakeholders like finance, analytics, sales, and account management. Data flow between Lumicera, GPO and Pharma and/or other vendors including submission of claims data. Work with IT to prioritize and deliver on solutions enabling all data flow needs. Account Reconciliation file receipt, analysis, and furnishing the necessary data so finance can invoice clients. Complete audits. Implementation of New Clients which involves evaluation of formulary from a roll up standpoint. Prospective Reporting including forecasting/projecting rates based on existing data, making assumptions and documenting such assumptions/caveats in calculating forecasted rates using existing data. Creating a potential bid grid based on known data components, again making and documenting assumptions. Constantly comparing actuals vs. forecasted to finetune assumptions. Forecasting guarantees based on rates, utilization and other factors like inflation. Retrospective Reporting to ensure all client reports are generated timely and accurately. Analyzing the data to ensure clients are receiving maximum contract value. If there are gaps, identify the reasons for those gaps and work with key stakeholders to correct those. Contract Optimization to analyze client formulary against best formulary placement with pharma and GPO to then supply the data/information that would be needed by our contractors to have meaningful conversations with pharma and GPO and our clients in order to maximize client contracts while still maintaining our lowest net cost philosophy. Ensure that RFPs are responded to in a timely and accurate manner. Ensure that guarantees are developed using appropriate methodology, wherein risk is accounted. Ensure absolute alignment with Implementations and Sales so the conditions associated with a guarantee are met. Understand client and regulatory requirements around the service. Operationalize the service working closely with other operational areas like formulary and Claim adjudication to ensure accuracy of the setup. Work closely with vendors or strategic partners to make sure the relationship is a mutually successful partnership including aligning strategic priorities with the partner and tracking performance of vendors against guarantees, tracking the dispute resolution process, and creating dashboards that capture current state in a comprehensive manner. Other duties as assigned. Qualifications What our team expects from you? Bachelor’s degree or equivalent work experience required. 2 years in a PBM, GPO or equivalent setting required. Proven experience in designing an operation, building processes, and scaling and automation required. Proven track record of process improvement/system enhancements required. Experience with tools/systems around automation of processes preferred. Proven track record of collaboration with multiple stakeholders, internal and external, required. Leadership experience required. Experience in working with Senior Leadership within an organization required. Participate in, adhere to, and support compliance program objectives. The ability to consistently interact cooperatively and respectfully with other employees. What can you expect from Lumicera? Top of the industry benefits for Health, Dental, and Vision insurance 20 days paid time off 4 weeks paid parental leave 9 paid holidays 401K company match of up to 5% - No vesting requirement Adoption Assistance Program Flexible Spending Account Educational Assistance Plan and Professional Membership assistance Referral Bonus Program – up to $750! #LI-Remote Location : Address Remote Location : Country US