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Product Specialist

Posting Date: Jun 21, 2022

Location: Moncton, New Brunswick, CA, E1C 8L3 Etobicoke, ON, CA, M9C 5P1 Dartmouth, Nova Scotia, CA, B3J 3C6 Montréal, Quebec, CA, H3A 3A7

Company: Medavie Blue Cross

For over 75 years, Medavie Blue Cross has been a leading health and wellness partner for individuals, employers and governments across Canada. As a not-for-profit organization, we proudly invest in communities to help address some of Canada’s most pressing health care challenges. We are one of Canada's Most Admired Corporate Cultures, one of Canada’s Top 100 Employers, Canada’s Life & Health Insurer of the Year for 2021 and an Imagine Canada Caring Company. 
 
Our 2,400 professionals work across six provinces, united by our shared values of being caring, accountable, responsible, innovative and community-minded. We’re committed to ensuring our employees thrive in our award-winning, collaborative culture focused on ensuring health, wellness, and personal and professional growth through a variety of programs and support across our organization.
 
Together with Medavie Health Services, we are part of Medavie — a national health solutions partner with over 7,200 employees. Our mission is to improve the wellbeing of Canadians.

 

Job Title: Product Specialist
Department: Pharmacy Benefits Management
Competition: 84719
Internal/External: Internal/External
Employment Type: Full time, permanent
Location: Toronto, Montreal, Moncton, Dartmouth/Halifax
Salary: Competitive Compensation
Reports To: Manager
Closing Date: July 8th
   

Position Summary
The results-oriented incumbent as a member of the pharmacy strategy team for group benefits supports the profitability and continued growth of the drug benefit component  for the organization through the management and maintenance of drug formularies and plan management options. The Product Specialist is primarily responsible for the prompt execution of drug-benefit inquiries, supporting the onboarding of new clients and for the operationalization of the formularies and plan management options.

 

The Product Specialist is also accountable to support the Pharmacy Strategy team with various operational requests and to assist with all activities designed to raise the profile of the Drug Operations team with colleagues, clients and the provider/drug manufacturer community.
 
Key Responsibilities

  • Input to the strategy, lead, manage and maintain drug formularies and plan management options based on industry and client requests;
  • Supports new client onboarding through the operationalization of drug plan design and mapping standards;
  • Supports business development with initiatives to enhance existing clients’ drug formularies to create efficiencies and/or to achieve cost-savings;
  • Responds to drug benefit inquiries, including but not limited to pricing, drug product availability, coverage inquiry or new product additions; 
  • Manages the operationalization of financial aspects of product listing agreements with pharmaceutical manufacturers as appropriate for the negotiated terms;
  • Develops and maintains product comparison (strengths, weaknesses)
  • Develops and maintains detailed process documentation for all operational aspects of the role and strives for continuous process improvement opportunities and efficiencies;
  • Ensures appropriate and timely resolution of escalations related to queries on drug formularies or plan management features;
  • Stays informed of industry trends and recommend enhancements to improve efficiencies; 
  • Coaches and mentors Drug Benefit Analysts, including adequate quality assurance of tasks to ensure accuracy and execution of assigned tasks;
  • Supports activities designed to provide ongoing education to colleagues about the role of Pharmacy Strategy group  and its mandate.

 
Required Qualifications 

  • Education: Post-secondary education in healthcare, business or a related field;
  • Work Experience: Two or more years of related experience;
  • Other Qualifications: Previous experience in a pharmacy, clinical and/or the insurance industry would be considered an asset;
  • Computer Skills: Agile in using the MS Office Suite of products and manipulating data;
  • Comfortable with basic Excel functions and formulas and willing to expand proficiency;
  • Ability to work simultaneously with legacy and new technology;
  • Language Skills: Bilingualism is considered an asset.

 
Core Competencies

  •  Knowledge: Has the functional and technical knowledge and skills to function in the job at a high level.
  • Analytical Thinking: Generates new and unique ideas; easily makes connections among previously unrelated notions; tends to be seen as original and value-added in brainstorming settings.
  • Communication Skills: Is able to communicate clearly and succinctly to a variety of audiences in a variety of settings; can get messages across that have the desired effect, articulate messages in a way those with less knowledge can easily understand.
  • Customer Orientation: Is dedicated to meeting the expectations and requirements of internal and external customers; uses product, competitor and industry knowledge for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with other business units and gains their trust and respect.
  • Execution and Organizational Skills: Uses his/her time effectively and efficiently; values time; concentrates his/her efforts on the more important priorities; gets more done in less time than others; can attend to a broader range of activities.
  • Team Work: Can quickly find common ground and solve problems for the good of all; can represent his/her own interests and yet be fair to other groups; can solve problems with peers with a minimum of noise; is seen as a team player and is cooperative; easily gains trust and support of peers; encourages collaboration; can be candid with peers.

 

We are an Equal Opportunity Employer.

 

Medavie Blue Cross strives to foster a culture where everyone is enabled to achieve their full potential - a culture of diversity, equity and inclusion (DEI) where we live our values every day in the way we treat each other, our members and the communities we serve. Accessibility is a top priority.
 

For applicants with disabilities, we provide accommodations throughout the recruitment, selection and/or assessment process. If selected to participate in the recruitment, selection and/or assessment process, please inform Medavie Blue Cross Human Resources staff of the nature of any accommodation(s) that you may require in respect of any materials or processes used to ensure your equal participation. All personal information is collected under the authority of the Municipal Freedom of Information and Protection of Privacy Act.

 

We would like to thank all candidates for expressing interest. Please note only those selected for interviews will be contacted.


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