Pharmacy Trade Relations Director Sr - Remote in London
Pharmacy Trade Relations Director Sr - Remote

Pharmacy Trade Relations Director Sr - Remote in London

London Full-Time 130000 - 220000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead strategic pharmacy trade relations and enhance partnerships for impactful healthcare solutions.
  • Company: Join Prime Therapeutics, a forward-thinking PBM reimagining pharmacy care.
  • Benefits: Competitive salary, remote work, and diverse career growth opportunities.
  • Why this job: Make a real difference in healthcare while collaborating with industry leaders.
  • Qualifications: 10 years in healthcare or pharmacy management; strong negotiation skills required.
  • Other info: Diverse and inclusive workplace committed to making healthcare simpler.

The predicted salary is between 130000 - 220000 £ per year.

The Pharmaceutical Trade Relations Senior Director is responsible for managing Prime's Trade Relations program(s) for medical and pharmacy strategies and all related partner/customer relationships. This position is accountable for the execution of programs and solutions that drive strategic product decisions, pharmaceutical manufacturer contract decisions, and related client messaging. This position is also responsible for analyzing and enhancing contract performance, negotiations, agreement execution, training of internal teams and driving outcome value to internal and external stakeholders.

Responsibilities
  • Partner internally with Prime teams to align strategies and negotiate with external partners; collaborate on rebate bid analysis and rebate agreement process to ensure alignment with corporate goals, performance standards and expected outcomes.
  • Partner with the AVP Pharmaceutical Trade Relations in the development and implementation of strategic initiatives and collaborate with key internal teams to create program/product value to clients, members, providers, and pharmaceutical manufacturers.
  • Support client alignment and adoption of strategies; providing direction in messaging and pull-through of strategies with internal stakeholders, including but not limited to, Trade Client Services.
  • Working closely with AVP Pharm Trade Relations, partner with Prime's Group Purchasing Organization (GPO), directing work related to pharmacy formulary development, market access functions of branded pharmaceutical manufacturers, and ongoing evaluation of drug therapy classes; ensures effective communication and strategic collaboration with GPO.
  • Manage external and internal relationships necessary to position products and solutions within the market or with pharmaceutical manufacturers.
  • Represent company objectives and perspective to external partners (i.e., pharmaceutical manufacturers, clients, marketplace, medical professionals, etc.) and communicate to ensure understanding of mutual objectives.
  • Ensure manufacturers' products are brought forth internally to evaluate rebate and formulary opportunities for Prime's business.
  • Serve as a department resource for escalated client issues, contract analysis, and contract language needs in rebate contracting.
  • Represent Trade Relations on committees to identify net-cost effective policy opportunities; support client alignment and adoption of strategies; assure communication with committee members.
  • Other duties as assigned.
Minimum Qualifications
  • Bachelor's degree in business, healthcare management or other related field of study or equivalent combination of education and/or related work experience; HS diploma or GED is required.
  • 10 years of related work experience in healthcare, pharmacy benefit management (PBM), pharmaceutical sales, analytical contracting or business development. Must be eligible to work in the United States without the need for work visa or residency sponsorship.
Additional Qualifications
  • Excellent verbal and written presentation skills.
  • Ability to establish rapport and build relationships at all levels within an organization.
  • Expert negotiation and influencing skills.
  • Strong business and financial acumen, with advanced proficiency in Excel and PowerPoint.
Preferred Qualifications
  • MBA, other graduate work, or equivalent training and/or experience.
  • Experience within the PBM industry, Medicaid, Medicare, and health plans.
  • Pharmacist / Pharm D.
  • Experience with contract language and risk mitigation concepts.

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures. Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.

Potential pay for this position ranges from $164,000.00 - $279,000.00 based on experience and skills.

To review our Benefits, Incentives and Additional Compensation, visit our website and click on the "Benefits at a glance" button for more detail.

Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.

We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law. Prime Therapeutics LLC is a Tobacco-Free Workplace employer.

If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources.

Pharmacy Trade Relations Director Sr - Remote in London employer: PRIME Therapeutics

At Prime Therapeutics, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to thrive. As a remote employer, we offer flexible working arrangements, competitive compensation, and comprehensive benefits, ensuring that our team members can balance their professional and personal lives while contributing to meaningful healthcare solutions. With ample opportunities for professional growth and development, we are committed to supporting our employees in their career journeys as they help us reimagine pharmacy care.
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Contact Detail:

PRIME Therapeutics Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pharmacy Trade Relations Director Sr - Remote in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the pharmacy and healthcare sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're not just another candidate, but the right fit for their team.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or use online resources. The more comfortable you are with your answers, the more confident you'll be during the real deal. Remember, confidence is key!

✨Tip Number 4

Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you on their radar as they make their decision.

We think you need these skills to ace Pharmacy Trade Relations Director Sr - Remote in London

Negotiation Skills
Relationship Management
Analytical Contracting
Healthcare Management
Pharmacy Benefit Management (PBM)
Strategic Initiative Development
Communication Skills
Presentation Skills
Business Development
Financial Acumen
Excel Proficiency
PowerPoint Proficiency
Contract Analysis
Risk Mitigation Concepts

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Pharmacy Trade Relations Director role. Highlight your relevant experience in healthcare, pharmacy benefit management, and any specific achievements that align with the job description.

Showcase Your Skills: We want to see your excellent verbal and written presentation skills shine through. Use clear examples of how you've successfully negotiated or influenced outcomes in previous roles to demonstrate your expertise.

Be Authentic: Let your personality come through in your application. We value diverse backgrounds and experiences, so don’t be afraid to share what makes you unique and how you can contribute to our mission at StudySmarter.

Apply Through Our Website: For the best chance of success, make sure to apply directly through our website. This way, we can easily track your application and ensure it gets the attention it deserves!

How to prepare for a job interview at PRIME Therapeutics

✨Know Your Stuff

Make sure you thoroughly understand the role of Pharmacy Trade Relations Director Sr. Familiarise yourself with the key responsibilities, such as managing trade relations and negotiating contracts. This will help you answer questions confidently and demonstrate your expertise.

✨Showcase Your Negotiation Skills

Since negotiation is a crucial part of this role, prepare examples from your past experiences where you've successfully negotiated contracts or agreements. Be ready to discuss your approach and the outcomes, as this will highlight your suitability for the position.

✨Understand the Company’s Goals

Research Prime Therapeutics and their mission in the pharmacy sector. Knowing their objectives and how they align with your skills will allow you to tailor your responses and show that you're genuinely interested in contributing to their success.

✨Prepare Questions

Have a list of insightful questions ready to ask at the end of the interview. This could include inquiries about their strategic initiatives or how they measure success in trade relations. It shows your engagement and helps you assess if the company is the right fit for you.

Pharmacy Trade Relations Director Sr - Remote in London
PRIME Therapeutics
Location: London

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