Assistant Vice President Vendor Relations

Location
United States
Salary
$160,000 to $200,000
Posted
Jan 23, 2025
Closes
Mar 24, 2025
Job Type
Full Time
Workplace
Remote

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 & 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.

 

 

 

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.

 

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