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Assistant Vice President Vendor Relations
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remote, United States
$160,000 to $200,000
About the role:
ABOUT THE ROLE
We are seeking a Vendor Relations Leader who will establish, maintain and manage vendor partner relationships. This person must understand how to evaluate claim data for analysis, reporting and cost containment opportunities to help provide consultation to captive members and broker partners, educating on market trends, partnerships, and demonstrated cost containment programs.
Duties and responsibilities:
DUTIES & RESPONSIBILITIES
Stay abreast of healthcare market trends and intelligence, including but not limited to wellness and cost containment practices and trends, medical and pharmacy coverage options and trends in the marketplace, awareness of Third-Party Administrators (TPAs) and Pharmacy Benefit Managers (PBMs) in market as well as point solution vendors.
Manage vetting TPAs, PBMs, and point solutions across spectrum of cost containment programs.
Assist in managing vendor relationships.
Present internal and external trainings and webinars.
Assist in managing contracting process for vendor partnerships.
Leverage data analytics to drive vendor vetting strategy.
Experience:
QUALIFICATIONS & EXPERIENCE
Seven (7) + years of experience in the health and group benefits insurance, client service or consulting.
Extensive knowledge and understanding of TPA services and medical networks, PBMs, plan designs, and point solutions.
Strong knowledge of health care trends, underwriting, self-funding, narrow networks, and general cost containment strategies.
Familiarity with stop loss and captives.
Comfortable presenting to large groups.
Compensation:
Compensation:
$160,000 to $200,000, hybrid, competitive benefits