Job Information
RxBenefits Sr Director, PBM Strategic Relations - PBM Products in Minneapolis, Minnesota
The Senior Director, PBM Strategic Relations – PBM Products plays a critical role in advancing RxBenefits’ relationships and strategic initiatives with PBMs and other vendor partners, ensuring alignment with the organization’s vision, values, strategic plan, and financial objectives. This leader oversees ongoing support and education for PBM programs and services, including evaluation and vetting of offerings to ensure operational readiness and strong client outcomes. The ideal candidate brings deep expertise in operational and strategic pharmacy management, strong executive communication skills, and a proven ability to translate complex PBM programs and services for internal and external stakeholders. The Senior Director partners closely with cross functional RxBenefits leaders to foster a client centric culture grounded in collaboration, advocacy, and execution. This role reports directly to the Vice President, PBM Strategic Relations.
Essential Job Responsibilities Include:
Lead the PBM Strategic Relations Product team, providing strategic direction, prioritization, and transformational leadership aligned to organizational objectives.
Establish and oversee governance, standards, and best practices for the PBM Programs and Services library, ensuring accuracy, consistency, and scalability.
Ensure effective management, integrity, and utilization of PBM data files to support program execution and decision making.
Lead change management initiatives for PBM programs, ensuring smooth implementation and organizational adoption.
Serve as a subject matter expert on PBM programs and services, providing guidance to internal stakeholders and cross functional partners.
Support the review and negotiation of PBM Master Service Agreements and related amendments, with a focus on program alignment and strategic value.
Drive PBM program and initiative decision making in collaboration with RxBenefits and PBM executive leadership.
Ensure organizational readiness for PBM programs and services by partnering with PBM vendors to evaluate offerings and by defining and communicating RxBenefits’ internal position.
Act as the central point of coordination for PBM program and service information, ensuring timely, accurate, and consistent communication across cross functional teams.
Support additional strategic initiatives and responsibilities as business needs evolve.
Required Skills / Experience:
10+ years of professional experience in Pharmacy Benefit Management (PBM).
5+ years of progressive leadership experience.
Bachelor’s degree or equivalent experience.
Demonstrated expertise and understanding of PBM program and services.
Ability to communicate effectively with internal and external executive leadership.
Strong organizational skills with exceptional attention to detail and a sense of urgency.
Advanced interpersonal, communication, and collaborative leadership skills.
Strong independent critical thinking skills.
Proven team building, relationship management, and project management capabilities.
Ability to excel in a fast paced, rapidly growing organizational environment.
Ability to communicate with PBM vendors in a respectful and meaningful manner to maintain positive relationships.
Proven ability to lead and manage a high performing team.
Based on relevant market data and other factors, the anticipated hiring range for this role is $160 ,000 to $200 ,000 annually. Final compensation rates will be determined based on various factors, including but not limited to experience, skills, knowledge, and internal equity considerations. This role is also short-term incentive eligible. Incentive amounts will vary by individual and business goals.
We are committed to fair and equitable compensation practices. The final salary offered to the selected candidate may vary from the posted range due to individual qualifications. Our goal is to ensure that all teammates are compensated fairly and competitively based on their contributions to our organization.
RxBenefits is also committed to providing best in class benefits to our teammates. We offer a robust total rewards package that includes:
Remote first work environment
Choice of a HDHP or PPO Medical plan, we pay 100% of the premium for the HDHP for you and your eligible family members
Dental, Vision, Short- and Long-Term Disability, and Group Life Insurance that we also pay 100% of premiums (for your family too on Dental and Vision)
Additional buy-up options for Short- and Long-Term Disability and Life Insurance
401(k) with an employer match up to 3.5% available after 60 days
Community Service Day to give back and support what you love in your community
10 company holidays including MLK Day, Juneteenth, and the day after Thanksgiving plus a floating holiday to use as you like
Reimbursements for high-speed internet, we’ll send you a computer and monitors to help you do your best work
Tuition Reimbursement for accredited degree programs
Paid New Parent Leave that can be used for adoption or birth
Pet insurance to protect your furbabies
A robust mental health benefit and EAP service through Spring Health to support you when you need it most
RxBenefits provides equal opportunities for everyone who works for us and everyone who applies to join our team, without regard to sex or gender, gender identity, gender expression, age, race, religious creed, color, national origin, ancestry, pregnancy, physical or mental disability, medical condition, genetic information, marital status, sexual orientation, any service, past, present, or future, in the uniformed services of the United States (military or veteran status), or any other consideration protected by federal, state, or local law.