Director, Pharmacy Benefits

3 days ago

Waterloo, Canada Equitable CA Full time

At Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and client-responsive staff. Join Equitable today.

**Position Title**: Director, Pharmacy Benefits
**Reports To**: Group Claims and Administration Vice President
**Department**: Group Pharmacy Management
**Term**: Permanent Full-Time

**Work Arrangements**: This is a hybrid role. You will work in our office in Waterloo, ON a minimum of two (2) assigned, consecutive days every other week, plus a fifth (5th) assigned day per month. You are welcome to work from the office more than the minimum requirement and there may be some roles that are required to work in our office more than the minimum requirement.

**The Opportunity**: Equitable is growing We are looking for a Director, Pharmacy Benefits to join our Group Pharmacy Management team

Join a rapidly growing insurer with a culture of collaboration and focus on clients. We are looking for a dynamic leader, passionate about the world of drug benefits and committed to helping our clients, plan sponsors and plan members with their group benefit program needs.

As the Director of Pharmacy Benefits, your role is multifaceted and impactful.

**1. Subject Matter Expertise**: You are the go-to authority on all matters related to drugs. Your in-depth knowledge of group benefit drug plan execution as well as the drug benefit landscape empowers informed decisions and drive meaningful change.
**2. Strategic Innovation**: Drawing from your expertise, you craft and influence innovative strategies, processes, products, and solutions. These forward-thinking approaches enhance the drug benefit experience for our stakeholders.
**3. Client Focused**: Every decision is made with the plan sponsor and plan member in mind. You carefully consider a range of factors when designing, proposing, and implementing changes that impact our drug benefits program.
**4. Leadership**: Your passion for leadership shines through. You inspire and elevate your team, bringing out their best. Your guidance fosters a collaborative and high-performing environment with your cross functional partners.
**5. Project Execution**: Your exceptional planning, organization, and execution skills ensure successful project delivery. You navigate complexities with finesse, keeping projects on track.
**6. Effective Communication**: Your ability to communicate with passion and clarity sets you apart. Whether engaging with internal partners or external stakeholders, your message resonates, driving actionable insights and positive outcomes.

In this pivotal role, you’ll shape the future of pharmacy benefits, leaving a lasting impact.

Make a difference today in a critical role on our team and join one of Waterloo Area’s and Southwestern Ontario’s Top Employers for 2024

**What you will be doing**:
**Provide expert leadership to our drug benefit program**:

- Lead and implement initiatives related to drug benefit programs in collaboration with various internal partners such as Strategic Health Management, Underwriting, Sales, Product, Finance, IT and Operations.
- Generate, propose and execute on innovative solutions for drug program management and service delivery.
- Manage drug-related projects from start to finish, ensuring that they meet the objectives, scope and budget.
- Assess and monitor the impact of changes affecting our drug benefit program and proactively manage them to achieve positive outcomes for Equitable and our Clients.
- Provide expert advice on drug related issues to Advisors, Sales, Service and Underwriting teams, as well as existing and potential clients, through online or in-person meetings.
- Educate internal and external audiences on our drug benefits program offerings, features and trends, using methods such as training sessions, knowledge articles and other forums.
- Analyze drug utilization data for specific clients and provide insights and recommendations based on the findings.
- Participate in industry forums to keep current with developments and trends in drug utilization and best practices in evaluating drug.
- Collaborate with other experts to evaluate and mitigate the risk of fraud, waste and abuse that could compromise the integrity of our drug plans.

As the lead of the Health and Drug Consultant Team, your are responsible for:

- Guiding and mentoring your team in their work and career development.
- Monitoring and managing the workload and deliverables of the team to ensure they meet the deadlines, quality and performance expectations of our clients and the organization.
- Fostering a positive and collaborative work environment with your team, and the extended cross functional team, to ensure they feel valued, motivated and supported.

As the lead in our relationship with o

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