Role Description
The Strategic Account Executive manages ongoing client relationships and strategic partnership initiatives for an assigned book of business dedicated to Health Plans. The Strategic Account Executive serves as a client-facing resource for assigned clients, acting as client advocates within the organization.
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Manages assigned accounts with a focus on client trend and contract performance, strategic plan development and execution, cultivating and maintaining multi-level client relationships.
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Manages client contract renewal or market check activities with the primary goals of retaining clients, obtaining multiple year agreements, and maintaining or improving profitability.
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Accountable for understanding the primary business objectives of the client, developing and managing shared goals, and demonstrating program value to the client.
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Understands OptumRx product and service offering, articulating the operational, clinical, and financial value of programs to clients across multiple stakeholders.
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Maintains consistent, accurate, and regular client communications.
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Prepares and presents regular client performance reviews, including identification of cost drivers, recommendations for cost savings opportunities, utilization and cost reports, and OptumRx industry news.
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Maintains a complete understanding of client contract terms, ensuring all assigned contracts are monitored and reported as stated in the terms.
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Responsible for facilitating the creation and delivery of client presentations, implementation activities, and daily client interaction.
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Stays abreast of industry trends and developments, demonstrating strong communication skills in presenting these to clients.
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Demonstrates expertise in pharmacy benefit strategies and OptumRx Rx clinical programs, articulating these accurately to clients and internal partners.
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Provides leadership to team members in client, segment, and corporate initiatives.
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Provides regular feedback to management regarding client metrics, client requirements, and business development opportunities.
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Maintains documentation on clients in both Optum systems and within client dashboards.
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Participates in sales preparation meetings and finalist sales presentations as necessary.
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Responsible for ensuring client satisfaction and developing action plans if NPS does not reflect high client satisfaction.
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Provides support to other departments as requested.
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Exhibits compliant and ethical behavior in the performance of job responsibilities.
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Actively participates in Compliance and Ethics Program, including attending annual compliance and ethics training.
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Follows all policies and procedures relating to job responsibilities.
Qualifications
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3+ years of experience in PBM client account management.
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2+ years of experience with managing client contracts.
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Advanced proficiency in delivering presentations to various audiences.
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Proficient with MS Suite - Word, Excel, PowerPoint.
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Ability to potentially travel up to 25%.
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Willing to work with clients and colleagues across various time zones.
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Driverβs License and access to reliable transportation.
Requirements
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3+ years of experience with upsell programs to clients.
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2+ years of PBM operations experience.
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2+ years of experience supporting PBM Healthplan clients.
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Project Management Experience/Certification.
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Familiarity with RxClaim; Tracker and Navigator.
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Advanced understanding of PBM industry.
Benefits
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Comprehensive benefits package.
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Incentive and recognition programs.
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Equity stock purchase.
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401k contribution (subject to eligibility requirements).