What are the responsibilities and job description for the Strategic Account Executive (SAE) position at National CooperativeRx?
The strategic account executive (SAE) is a mid-level position which reports to the vice president of coalition development. The individual works autonomously and as part of a team. The SAE plays a critical role in building and maintaining relationships with existing members with an assigned book of business. This position may require up to 30% travel.
Responsibilities:
- Operate as the lead point of contact for all matters specific to your customers.
- Build and maintain strong, long-lasting customer relationships.
- Develop a trusted advisor relationship with key customer stakeholders and executive sponsors.
- Ensure the timely and successful delivery of our solutions according to customer needs and objectives.
- Meet with members and other stakeholders - primarily made up of employers, unions, health plans, insurance carriers and third-party administrators, including broker/agents.
- Identify opportunities to help clients manage their pharmacy benefit plans.
- Maintain benefit design documentation - document plan change requests and confirm changes are complete and accurate.
- Prepare client status briefs and make cost saving recommendations.
- Deliver and interpret financial and clinical reports including quarterly pharmacy performance reports.
- Review and answer questions regarding contracts, explanation of coverage, contribution schedules and member enrollment issues.
- Manage member expectations, communicating effectively during the planning, marketing, decision-making, and benefits implementation process.
- Collaborate with various cooperative and PBM staff to manage client relationships, working with members as a strategic partner.
- Attend and conduct presentations, conduct analysis of data, and assist with RFPs.
- Assist in ensuring a favorable PBM experience by helping to identify, resolve and prevent issues encountered by member-groups with the coalition’s PBM provider.
- Track and report citable PBM performance guarantees and standards as contractually applicable.
- Clearly communicate the progress of monthly/quarterly initiatives to internal and external stakeholders.
- Perform other duties as assigned.
Qualifications:
- Proven account management or other relevant experience.
- General but functional understanding of a pharmacy benefits manager, employer self-funding and employee benefits.
- Experience managing book of business in benefit industry.
- Proven ability to manage multiple projects at a time while paying strict attention to detail.
- Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures and government regulations.
- Strong listening, verbal and written communication skills.
- Bachelor's Degree preferred, but not required