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Pharmacoeconomic Strategist, Clinical Services
2 months ago
The Pharmacoeconomic Strategist, Clinical Services will play a pivotal role in providing pharmacoeconomic expertise to optimize pharmacy benefit management products from both clinical and economic perspectives at The Cigna Group.
This includes managing and expanding the pharmacoeconomic strategy to support our clients' pharmaceutical value-based efforts. The successful candidate will utilize data analytics, in conjunction with evidence-based medicine, to identify opportunities, implement initiatives and/or policy, and measure outcomes.
Key Responsibilities- Design and Development: Designs, advises, and performs pharmacoeconomic analyses and analytic plans, including cost-effectiveness analyses and multi-criteria decision analyses.
- Strategic Objectives: Participates in the development and achievement of strategic and research objectives as they relate to pharmaceutical spending and associated value-based efforts.
- Product Evaluation: Performs or critically appraises budget impact analyses on new and marketed pharmaceutical products.
- Model Development: Develops and maintains pharmacoeconomic models and analyzes claims data to generate meaningful insights.
- Value Assessment Committee: Directs the activities of a value assessment committee, leading meetings, gathering information, analyzing data, presenting materials, and creating and maintaining processes.
- Collaboration and Review: Collaborates with colleagues to review, evaluate, and prioritize pharmaceutical products for inclusion in formularies and/or benefit management programs.
- Market Trends and Policies: Monitors market trends, drug pricing, and healthcare policies to assess potential impact on PBM cost containment strategies.
- Tool Development: Assists in the design and development of tools and mechanisms to document the outcomes and value associated with pharmacoeconomic activities.
- Value-Based Efforts: Provides analyses related to pharmaceutical value-based efforts in collaboration with and to cross-functional teams.
- Client Meetings: Participates in and attends client meetings as required.
- Program Planning: Participates in program planning, strategic planning, and business development activities.
- Additional Responsibilities: May perform other job-related duties as assigned or requested.
- Advanced Degree: Advanced degree in Health Economics, Pharmacoeconomics, or a related field is required.
- Experience: 5+ years of experience in conducting pharmacoeconomic analyses within the pharmaceutical industry, healthcare consulting, or at a PBM is required.
- Industry Knowledge: Experience in pharmacy benefits management, group insurance, or benefits consulting.
- Analytical Skills: Strong analytical skills with various pharmacoeconomic methodologies, including proficiency in data analytics.
- HTA Knowledge: Familiarity with health technology assessment (HTA) processes and guidelines.
- Communication Skills: Excellent written and verbal communication skills to convey complex concepts to technical and non-technical audiences.
- Collaboration and Project Management: Ability to collaborate effectively in a team environment and effectively manage multiple projects simultaneously.
- Resourcefulness: Resourcefulness skills required; identify challenges that may occur and address potential solutions with your team to prevent or minimize obstacles before they arise.
