Director of Pharmacy Benefit Management - Belle Lynn Sourcing LLC
Nashville, TN 37203
About the Job
Director of Pharmacy Benefit Management (PBM),
Strategic Sourcing
DIRECT HIRE
Location: Nashville, TN (Onsite)
Salary: $125K - $157K
Summary:
Belle Lynn Sourcing LLC is on the hunt for a Director of PBM Strategic Sourcing to lead our client’s PBM Program, managing an impressive $5.8 billion in annual expenditures. This key leadership role ensures seamless partnership with the PBM supplier, upholds the master services agreement, and drives financial performance. The role also includes steering the Human Resources Advisory Board, promoting communication and collaboration, and supporting the broader PBM Program strategy.
Incumbent may travel up to 15% for meetings and board activities.
Responsibilities:
- Manage and negotiate the master services agreement with the PBM supplier partner
- Ensure contractual obligations are met for both the organization and each client
- Oversee the PBM supplier partner’s delivery of services, ensuring superior account management
- Analyze and interpret financial and contract performance reports to ensure compliance
- Manage the Human Resources Advisory Board, coordinating meetings, maintaining records, and communicating with board members
- Assist in the development and execution of PBM Program strategy
- Establish strong relationships with internal and external stakeholders, ensuring alignment with the organization’s vision and values
Requirements:
- Bachelor’s degree in business or a management-related field (required)
- PharmD or other advanced degree (a plus)
- Minimum 7+ years of experience in pharmacy benefit management or a senior benefits role within healthcare
- 5+ years of experience with employee benefit contracts
- Strong project management skills
- Advanced knowledge of PBM industry, employee pharmacy benefits, and supplier operations
- Experience with contract negotiation, legal terms, and consulting (required)
- Proficiency with Excel, Word, and PowerPoint
Benefits:
- Comprehensive medical coverage that covers many common services at no cost or for a low copay
- Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation
- Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more
- Free counseling services and resources for emotional, physical and financial wellbeing 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service) Employee Stock Purchase Plan with 10% off HCA Healthcare stock Family support through fertility and family building benefits with Progyny and adoption assistance
- Referral services for child, elder and pet care, home and auto repair, event planning and more Consumer discounts through Abenity and Consumer Discounts Retirement readiness, rollover assistance services and preferred banking partnerships
- Education assistance (tuition, student loan, certification support, dependent scholarships)
- Colleague recognition program Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence) Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income
Source : Belle Lynn Sourcing LLC
