Healthfirst

Sr. Manager, Pharmacy Benefits

New York, NY Full time
The Sr. Manager, Pharmacy Benefits is responsible for the overall leadership & management of all pharmacy benefit plans. The Sr. Manager is responsible for oversight of the benefit, partnership with the PBM, providing guidance on regulatory changes, reviewing and leading responses for policy changes, and maintaining compliance with all Federal and State agencies. In addition, the Sr. Manager will maintain an aptitude for the Medicare Part D and the Medicare health plan business, considers Healthfirst’s position within the industry and assists in the development of a strategic direction of the organization as it relates to pharmacy benefits. The Sr. Manager will also maintain a well-functioning team that develops and maintains flawless Medicare pharmacy benefits for Healthfirst Medicare members.

Duties & Responsibilities:

  • Works collaboratively to design and manage the Healthfirst Pharmacy Benefit for all plans
  • Strategically leads the development, planning and implementation of the annual pharmacy benefit cycle to ensure that pharmacy benefits are in-line with Healthfirst Product Strategy, PBM capabilities and regulatory timeframes
  • Reviews and facilitates the response and/or the action plan for all applicable CMS memos and other notifications
  • Collaborates with Pharmacy, Actuary, Finance, Medical Economics and Product teams to analyze and present monthly cost trends for all lines of business
  • Partners with designated team members to develop, coordinate and manage drug related medical coverage policies
  • Supports pharmacy leadership efforts to drive improvement of product quality goals
  • Manages the Benefits team and works with others on the Pharmacy team to oversee administration and monitoring of pharmacy benefit operations along with oversight of the PBM
  • Performs Utilization Management reviews of relevant drugs when necessary
  • Assists in regulatory and compliance audits for all designated plans. Acts as pharmacy department liaison with vendors and regulatory organizations completing audits for applicable plans
  • Completes all required company compliance standards required
  • Additional duties as necessary

Minimum Qualifications:

  • Doctor of Pharmacy (PharmD) from an accredited institution
  • Licensed Pharmacist in good standing
  • Knowledge of regulations of the Centers for Medicare and Medicaid Services and the New York State Department of Health
  • Knowledge of specialty pharmaceuticals and billing practices in the medical and pharmacy benefits
  • Experience with pharmacy benefit management oversight including maintaining policies and procedures related to formulary design and utilization management processes

Preferred Qualifications:

  • A minimum of 2 years’ experience, overseeing a reputable Medicare, Medicaid, or Commercial Pharmacy Benefit Management program for a PBM or health plan
  • Maintain an active National Certification for Pharmacy and/or Healthcare professionals
  • PGY1 Managed Care Residency
  • Eligible to practice pharmacy in the state of New York

License/Certification:

  • Licensed Pharmacist in good standing

WE ARE AN EQUAL OPPORTUNITY EMPLOYER.  HF Management Services, LLC complies with all applicable laws and regulations. Applicants and employees are considered for positions and are evaluated without regard to race, color, creed, religion, sex, national origin, sexual orientation, pregnancy, age, disability, genetic information, domestic violence victim status, gender and/or gender identity or expression, military status, veteran status, citizenship or immigration status, height and weight, familial status, marital status, or unemployment status, as well as any other legally protected basis. HF Management Services, LLC shall not discriminate against any disabled employee or applicant in regard to any position for which the employee or applicant is otherwise qualified.

If you have a disability under the Americans with Disability Act or a similar law and want a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to careers@Healthfirst.org or calling 212-519-1798 . In your email please include a description of the accommodation you are requesting and a description of the position for which you are applying. Only reasonable accommodation requests related to applying for a position within HF Management Services, LLC will be reviewed at the e-mail address and phone number supplied. Thank you for considering a career with HF Management Services,  LLC.

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All hiring and recruitment at Healthfirst is transacted with a valid “@healthfirst.org” email address only or from a recruitment firm representing our Company. Any recruitment firm representing Healthfirst will readily provide you with the name and contact information of the recruiting professional representing the opportunity you are inquiring about. If you receive a communication from a sender whose domain is not @healthfirst.org, or not one of our recruitment partners, please be aware that those communications are not coming from or authorized by Healthfirst.  Healthfirst will never ask you for money during the recruitment or onboarding process.

Hiring Range*:

  • Greater New York City Area (NY, NJ, CT residents): $122,900 - $188,020

  • All Other Locations (within approved locations): $105,100 - $160,480

As a candidate for this position, your salary and related elements of compensation will be contingent upon your work experience, education, licenses and certifications, and any other factors Healthfirst deems pertinent to the hiring decision.

In addition to your salary, Healthfirst offers employees a full range of benefits such as, medical, dental and vision coverage, incentive and recognition programs, life insurance, and 401k contributions (all benefits are subject to eligibility requirements). Healthfirst believes in providing a competitive compensation and benefits package wherever its employees work and live.

*The hiring range is defined as the lowest and highest salaries that Healthfirst in “good faith” would pay to a new hire, or for a job promotion, or transfer into this role.