Director, OptumRx Sourcing & Distribution - Remote

Company: UnitedHealth Group
Location: Eden Prairie
Posted on: March 11, 2023

Job Description:

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together. Senior Director, Optum Rx Sourcing & Distribution is responsible for Optum Specialty Distribution contract negotiation, and product access activities with Pharmaceutical Manufacturers across Brand, Specialty and Biosimilars product categories. They are also responsible for driving distribution strategy by identifying target products to maximize profitability. You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. Primary Responsibilities

• Collaborate with IR Leadership to determine which products to pursue for Optum Specialty Distribution (OSD)
• Negotiates contracts to optimize profitability for OSD
• Establishes sourcing relationships with key manufacturer partners; works towards resolving work issues relative to the trading relationship
• Generates profit enhancing opportunities such as deals, rebates and allowances Additional Responsibilities
  • Establish and leverage high level trade relationships with suppliers and other partners
  • Oversee all distribution contracting activities with manufacturers ensuring the most competitive pricing, terms, and related and related margin drivers
  • Develop in collaboration with ORx Pharmacies and Optum Business Entities a strategic sourcing plan to position Optum pharmacies as leaders in their respective segments
  • Work closely with the VP & Finance to deliver regular Buy side & Financial reporting highlighting OSD's Sourcing & Product Access performance over regular intervals
  • Work closely with Finance, Treasury, Compliance, INR, Legal and other constituents to ensure to coordinate sourcing activity and ensure ORx Sourcing remains compliant, competitive, and proactive
  • Work to ensure all sourcing activity is compliant with OptumRx policies and guidelines in all aspects of its operations
  • Drive to develop a value generation mindset within the team to ensure the team is focused on margin growth activities, not just day to day tactical execution
  • Work cross functionally to develop a performance and data driven execution mindset with colleagues across Pharmacy Services, Finance, and Sourcing
  • Ensure collection, and dissemination of relevant metrics to quantify and benchmark the team's performance
  • Participate in the development of operational budgets in support of the Sourcing organization You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in. Required Qualifications:
    • Bachelors' degree or equivalent work experience
    • 7+ years of experience in a comparable role with experience dealing directly with pharmaceutical manufacturers on distribution contracts
    • Experience with strategic sourcing and cost reduction initiatives; PBM, Distribution, or pharmacy supply chain experience
    • Experience developing networks, collaborating and influencing cross functionally
    • Experience leading and developing a geographically dispersed, high performing team
    • Background partnering with business stakeholders, leveraging standardized business processes, data & analytics with a focus on continuous improvement
    • Demonstrated proficiency in contract negotiations and collaborative partnerships with manufacturers and/or distributors
    • Operational, and financial acumen, discipline, and rigor
    • Demonstrated ability to operate with flexibility in a changing business and govt regulated environment Preferred Qualifications:
      • Master's degree or equivalent work experience
      • Experience in buy-side analysis, modeling, supplier risk management, and service level requirements across the pharmaceutical segment Careers with OptumRx. We're one of the largest and most innovative pharmacy benefits managers in the US, serving more than 12 million people nationwide. Here you'll fill far more than prescriptions. As a member of one of our pharmacy teams, you're empowered to be your best and do whatever it takes to help each customer. You'll find unrivaled support and training as well as a wealth of growth and development opportunities driven by your performance and limited only by your imagination. Join us. There's no better place to help people live healthier lives while doing your life's best work.(sm) California, Colorado, Connecticut, Nevada, New York City, or Washington Residents Only: The salary range for California, Colorado, Connecticut, Nevada, New York City, or Washington residents is $118,000 to $226,800. Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you'll find a far-reaching choice of benefits and incentives. *All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission. Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law. UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.

Keywords: UnitedHealth Group, Eden Prairie , Director, OptumRx Sourcing & Distribution - Remote, Executive , Eden Prairie, Minnesota