Senior Account Manager - Member Engagement (Fixed Term Contract) in London

Senior Account Manager - Member Engagement (Fixed Term Contract) in London

London Temporary 60000 - 75000 £ / year (est.) No working from home possible
McKesson

At a Glance

  • Tasks: Lead strategic relationships and drive member engagement for Walmart's pharmacy business.
  • Company: Join a joint venture between Walmart and McKesson, leaders in affordable healthcare.
  • Benefits: Competitive salary, professional growth opportunities, and a dynamic work environment.
  • Other info: Opportunity for international travel and participation in industry conferences.
  • Why this job: Make a real impact on healthcare access while developing your career in a fast-paced industry.
  • Qualifications: 8+ years in account management or sales, preferably in pharmaceuticals.

The predicted salary is between 60000 - 75000 £ per year.

ClarusONE Sourcing Services, LLP, provides strategic generic pharmaceutical services for both Walmart Stores, Inc. and McKesson Corporation. Its mission is to enable access to affordable medicines, which it has successfully been doing since its inception in 2016. ClarusONE is a joint venture between Walmart and McKesson, two of the top 10 biggest corporations in the USA, according to the Fortune 500 list. They have more than two decades of history working together to improve the quality and lower the cost of pharmaceutical care to patients. This partnership leverages McKesson’s demonstrated strength and expertise in global pharmaceutical sourcing in conjunction with Walmart’s strength and commitment to delivering leading health and wellness services to their customers. ClarusONE Sourcing Services is headquartered in London and prides itself on its can-do attitude that has ensured millions of Americans pay less when buying generic pharmaceuticals every day.

Job Purpose:

Supply chains that maximise added value work end to end, not in multiple silos. The Senior Account Manager is a crucial role in ClarusONE to ensure that the buy-side and the sell-side are working in alignment, as the role acts as the main point of contact for the Member and is responsible for managing the interface between the Member and ClarusONE. The Senior Account Manager will manage all Member matters, will anticipate the Member needs, will work across ClarusONE by sharing all relevant information, will ensure deadlines for the Member are met and will facilitate how value is maximised for the Member. This role is responsible for developing the relationship between ClarusONE and the Member while serving as the liaison to drive strategic alignment between buy-side and sell side activities for Generic medicines. In addition, the role will be responsible for developing a deep understanding of the members strategic needs, routinely reviewing market and industry dynamics and working cross functionally within ClarusONE and with the member.

The role will work closely with the sourcing team to ensure sourcing strategies evolve to meet the member and their respective customer needs as well as identify and support with channel specific initiatives/strategies. The role is expected to proactively translate Walmart’s commercial and strategic priorities into actionable sourcing inputs, and to constructively challenge internal sourcing teams where current strategies do not fully reflect Member needs or market dynamics. The role will also engage with a broad stakeholder community within Walmart, including pharmacy operations, Central Fill and the merchant team, and must manage these relationships with appropriate depth and rigour.

The role will work with the Senior Director, Member Engagement to ensure there is a structure and framework for managing the account planning cycle and activities with the Member. The aim to ensure the member needs and expectations are met and align to our internal priorities and business goals. They will assume responsibility to lead a quarterly business review with the right stakeholder group and work with the ClarusONE leadership to prepare all necessary material and align with key stakeholders from across the business. The Senior Account Manager is a critical role in the Member Engagement function and will continuously look to drive operational efficiencies between ClarusONE and its Members.

Responsibilities:

  • Lead and develop a solid and trusting relationship between Walmart and ClarusONE;
  • Developing a complete understanding of the Member needs for the Walmart pharmacy business, to ensure that the work of ClarusONE will meet the Member’s goals in the short, medium and long term;
  • Establish and operate within the agreed account management framework, oversee QBR’s as well as manage the annual Member strategic joint planning process to identify strategic initiatives, review ways of working and develop mutual performance and growth objectives;
  • Engage in frequent strategic planning meetings aimed to align buy-side and sell-side strategies to better meet Member’s evolving needs and increase Member profitability;
  • Coordinate activities to exceed assigned targets for growth and deliver on the strategic objectives set and facilitate solution development efforts that address Member wants/needs; this will include future growth initiatives and the relevant segmentation of the existing portfolio to ensure alignment on what role each of the key molecules plays in maximising its performance;
  • Evaluate the performance of any Member initiatives to ensure that learnings are identified and any corrective actions are proposed for further improvement;
  • Ensure the development of internal processes so that ClarusONE is proactively identifying issues on behalf of the Member and addressing them on a timely basis;
  • Ensure that relevant Member information is cascaded to all of the relevant internal teams at ClarusONE;
  • Planning and presenting reports on a periodic basis that covers Member progress, goals, and quarterly initiatives to share with team members and other stakeholders;
  • Continuously seek to drive operational efficiencies between Member and ClarusONE. Support resolution of Member operational issues and develop plans to align sourcing activities within ClarusONE;
  • Monitor and report on financial and commercial performance for the Walmart account, including savings delivery, value realisation, and progress against agreed targets, ensuring ClarusONE can demonstrate clear and measurable impact to the Member and to internal leadership;
  • Lead and develop the Account Associate, Walmart, setting clear SMART objectives, conducting regular one-to-ones, and actively supporting their professional growth; act as deputy to the Senior Director, Member Engagement where required and contribute positively to the broader team culture within Member Engagement;
  • Working with the Account Associate to ensure that there are a set of reports and metrics to be reviewed on a monthly basis to identify whether processes are operating as efficiently as possible and any corrective actions that need to be taken are identified so that costs are minimised or service level improved;
  • Drive high Member satisfaction by ensuring ClarusONE consistently meets or exceeds agreed service standards and commitments; define and track meaningful KPIs covering Member engagement, initiative progress, and savings performance, and report these to the Senior Director on a regular basis;
  • Develop and maintain a deep understanding of the generic pharmaceutical industry, including market dynamics, competitive landscape, and regulatory developments; take ownership of pipeline visibility and launch readiness activities, including Day 1 and Day 181 launch coordination, and ensure Walmart has timely access to relevant information through the ClarusONE Member Portal.

Requirements:

Education/Experience:

  • Bachelor’s degree; preference for Finance, Economics, Business or similar
  • Preference for Masters in Business Administration
  • Minimum of 8 years of experience in account management, sales, sourcing, business development or product management
  • Pharmaceutical experience preferable

Knowledge/Skills:

  • Key account management, sales of business development experience
  • Strong data literacy, including proficiency in MS Excel and/or Access for data extraction and manipulation; comfort working with dashboards, reporting tools, and large datasets to generate commercial insight; familiarity with digital and analytics platforms is advantageous.
  • Well organized, process and team-oriented with the ability to prioritize quickly.
  • Excellent communication skills and able to work with all levels of management and internal/external customers to get results quickly – able to communicate decisions and recommendations to stakeholders in a high-pressure environment.
  • Highly motivated self-starter: ability to initiate and manage work with sense of urgency.
  • Ability to effectively deliver “bad news” and manage conflict to successful resolution.
  • Ability to perform in a fast-paced, results driven environment that is constantly changing.
  • Ability to build and maintain long term relationships.
  • Willingness and ability to travel internationally, including regular travel to the US (including Bentonville, AR) for Member engagement, and attendance at 3 to 5 industry conferences per year; flexibility to accommodate time zone differences and occasional out-of-hours working is required.
  • Formal training in negotiations and/or demonstrated experience.

Senior Account Manager - Member Engagement (Fixed Term Contract) in London employer: McKesson

ClarusONE Sourcing Services is an exceptional employer, offering a dynamic work environment in London that fosters collaboration and innovation. With a strong focus on employee growth, the company provides ample opportunities for professional development and career advancement, all while being part of a mission-driven team dedicated to making healthcare more accessible. Employees enjoy a supportive culture that values their contributions and encourages a proactive approach to problem-solving, making it a rewarding place to work.

McKesson

Contact Details:

McKesson Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Account Manager - Member Engagement (Fixed Term Contract) in London

Tip Number 1

Network like a pro! Reach out to your connections in the pharmaceutical industry, especially those who might have insights into ClarusONE or Walmart. A friendly chat can sometimes lead to opportunities that aren’t even advertised.

Tip Number 2

Prepare for interviews by researching the company’s mission and values. Understand how ClarusONE operates and think about how you can contribute to their goal of making medicines affordable. Show them you’re not just another candidate, but someone who truly gets their vision.

Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the Senior Account Manager role. Highlight your client management skills and any relevant achievements that demonstrate your ability to drive operational efficiencies.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at ClarusONE.

We think you need these skills to ace Senior Account Manager - Member Engagement (Fixed Term Contract) in London

Account Management
Client Management
Commercial Acumen
Negotiation Skills
Strategic Thinking
Interpersonal Skills
Relationship Management

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Account Manager role. Highlight your experience in account management and how it aligns with ClarusONE's mission to provide affordable medicines.

Showcase Your Skills:Don’t forget to emphasise your strong client management and negotiation skills. Use specific examples from your past roles to demonstrate how you've successfully built relationships and driven strategic initiatives.

Be Clear and Concise:Keep your application clear and to the point. Use bullet points where possible to make it easy for us to see your key achievements and qualifications at a glance.

Apply Through Our Website:We encourage you to apply directly through our website. This ensures your application gets to the right people and helps us keep track of all candidates efficiently.

How to prepare for a job interview at McKesson

Know Your Member Inside Out

Before the interview, dive deep into understanding Walmart's pharmacy business and its strategic goals. Familiarise yourself with their current initiatives and how ClarusONE can align with them. This will show your genuine interest and help you articulate how you can add value.

Showcase Your Relationship Management Skills

Prepare examples that highlight your experience in building and maintaining long-term relationships. Think of specific instances where you successfully navigated complex stakeholder dynamics or resolved conflicts. This is crucial for a role that requires strong interpersonal skills.

Demonstrate Your Data Literacy

Since the role involves working with data to drive insights, be ready to discuss your proficiency with tools like MS Excel or Access. Bring examples of how you've used data to inform decisions or improve processes in previous roles, especially in account management or sourcing.

Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities and strategic thinking. Prepare for scenarios where you might need to balance member needs with internal capabilities. Practising these types of questions will help you think on your feet during the interview.