Director of Pricing at Walgreens

| North Suburbs
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Job Summary

The Director of CPRx Pricing will lead the pricing strategy and execution for the CPRx segment, including setting the consumer prices for Walgreens Prescription Savings Club and Retail Cash and aligning these to third party Discount Card partnerships. Goal is to improve forcasted GP by:

  • Developing and operationalizing a new Rx pricing capability with the ability to deliver incremental benefit to the bottom line through pricing strategy and execution
    • Set up and operationalize a pilot pricing process focused on the top 1000 market drugs in the first 90 days leveraging competitive price intelligence and Walgreens performance as key measures
    • Establish pilot changes and clear metrics for performance to drive a continuous improvement cycle and quick wins in the first 180 days
    • Bring new Pricing Performance excellence skills to the team in the first year including Price Elasticity, basket pricing, etc. working to utilize your own knowledge, internal analytics partners and external support where required
  • Developing and maintaining close working relationships with key cross-functional partners (Contracting, Finance and Pricing Operations) in order to evolve drug level pricing governance and oversee it's execution in the first 180 days

Job Responsibilities

  • Leads Company approach, key decisions, and execution in a Healthcare segment. Directs segment planning for assigned segment in Company planning cycle.
  • Ensures delivery of assigned segment P&L. Contributes input to budget setting process, adjusting forecast, and strategy to meet/exceed plan. Provides input to top-down revenue, investment, and profit targets related to the segment.
  • Partners with Account Team leadership to ensure execution of major account team plans developed by Account team are aligned with assigned Healthcare segment priorities.
  • Leads business team participation in for development/ access initiatives in segment, including internal preparation, external engagement with clients, delivery (working with relevant account team, as applicable).
  • Responsible for ensuring execution of segment strategies with pull through for all retail offerings to ensure maximum revenue growth for the Company.
  • Guides and utilizes marketing pharmacy insights group to obtain customer-driven metrics to identify product and services that are both feasible and profitable for the Company. Makes data-driven decisions on when/where to scale-up proof-of-concept differentiated customer products and services. Ensures data flow of research from several channels, including patients, payers, and healthcare providers.
  • Prioritizes and selects investment areas for new value propositions; Direct Segment Initiatives, Value Proposition, and/or Operation teams to ensure delivery. Ensures value proposition development aligns to strategy. Drives execution on products and services while utilizing common product/service platforms, where possible.
  • Refines the targeted patient experience for designated segment across Company channels, balancing segment value potential and cost-to-serve. Leads evaluation of the actual experience in each channel and provide input to channel leaders as needed to enhance the patient experience.
  • May represent the Company at professional, business, government, and/or civic organizations to ensure that the Company is perceived favorably as a company and as a valued business partner to the healthcare continuum. Serves as subject matter expert proactively provides perspectives and ideas on current and emerging key issues affecting segment.
  • Monitors P&L for segment from budget to delivery, intervening to guide cross-functional actions that correct performance, where necessary.

#LI-JF1

Walgreens (walgreens.com), one of the nation's largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), a global leader in retail and wholesale pharmacy. Walgreens is proud to be a neighborhood health, beauty and retail destination supporting communities across the country, and was named to FORTUNE* magazine’s 2019 Companies that Change the World list. Approximately 8 million customers interact with Walgreens in stores and online each day. As of August 31, 2019, Walgreens operates 9,277 drugstores with a presence in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, along with its omnichannel business, Walgreens.com. Walgreens also provides specialty pharmacy and mail services and offers in-store clinics and other health care services throughout the United States, most of which are operated by our health care strategic partners. An Equal Opportunity Employer, including disability/veterans.
 

Basic Qualifications

  • Bachelor’s degree and at least 6 years of experience in the healthcare industry within functions which could include sales, marketing, branding, finance, national accounts, operations, contracting AND/OR management consulting OR a High School diploma/GED and at least 9 years of experience in the healthcare industry within functions which could include sales, marketing, branding, finance, national accounts, operations, contracting AND/OR management consulting.
  • At least 3 years of experience developing/supporting strategic business plans for business segments or key accounts.
  • Experience presenting to and partnering with internal and/or external executives at vice president level.
  • Advanced level skill in Microsoft Excel (for example: using AVERAGE function, merging and centering cells, printing centered page and/or creating a pivot table).
  • Advanced level skill in Microsoft PowerPoint (for example: changing picture styles, customizing animation and/or setting automatic slide timings).
  • Intermediate level skill in Microsoft Word (for example: inserting headers, page breaks, page numbers and tables and/or adjusting table columns).
  • At least 2 years of experience planning, developing, and/or managing departmental expense and capital budgets.
  • At least 2 years of experience of direct team leadership or cross-functional team leadership.
  • Willing to travel up to 25% of the time for business purposes (within state and out of state).

Preferred Qualifications

  • Master’s Degree/MBA.
  • Experience in data-driven problem solving performing "zero-defect" quantitative analysis that is communicated in a clear and compelling story that changes behavior
  • Experience developing new pricing models and strategies
  • SQL and SAS programming efficiency; data visualization (e.g. Tableau) proficiency
  • Experience delivering presentations to internal and external audiences of 30 or more people.
  • Experience presenting to and partnering with internal and/or external senior executives (c-suite).
  • Experience working in contracting, sales, finance, strategy, or another commercially oriented role at a managed care or PBM payer.
  • Experience leading pricing analysis or operations.
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Technology we use

  • Engineering
  • Product
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Location

Developed and diverse suburb in N.Chicago. Opening our new Tech Office downtown at the Old Chicago Post Office in January 2020!

An Insider's view of Walgreens

What’s the vibe like in the office?

You can expect to be challenged, every day. You can also expect an extraordinarily diverse environment of collaborative professionals who are putting their talents together to fulfill the vision and mission. There are plenty of opportunities to make an impact, to grow and to learn with the team. The future of Technology is bright at Walgreens!

Carlos

Director, RunOps

What does your typical day look like?

I'm a part of the product management team where I oversee the development of complex products. A typical day for me involves juggling multiple product lines, I could easily find myself working with designers to craft mockups, defining requirements for developers, tracking development processes, or running usability tests to drive product forward.

Katrina

Sr. Business Analyst

What makes someone successful on your team?

I think the most successful individuals are those who possess two key skills 1) the ability to quickly learn and synthesize information and 2) the ability to adapt to constantly changing challenges. Given the extremely complex nature of our industry,

Emmanuel

Sr. UX Designer

How do you empower your team to be more creative?

In Rx Engineering, we are building the largest pharmacy software product suites in the industry. Innovation and quality is our DNA. We nurture through our “COOL” culture to build curiosity in new solution. We are challenged and fascinated with courage every day about this engineering journey which will change our customers’ life.

Ronnie

Director – Solution Engineering & QE

How do your team's ideas influence the company's direction?

We are faced with a host of rapid changes occurring in the healthcare and retail landscapes.. To make the most of these changes, Walgreens is adapting to the fast moving technology world of today and is committed to deploying cutting edge solutions to support our business and customers.

Doug

Senior Product Manager, Pharmacy and Retail Operations

What are Walgreens Perks + Benefits

Walgreens Benefits Overview

Walgreens offers a wide variety of benefits to eligible team members designed to support your physical, financial, and emotional well-being while helping you balance work and life. In addition to company-paid life insurance and voluntary life & personal accident insurance, the benefits below are available to our team members. To learn more visit https://jobs.walgreens.com/benefits.

Culture
Volunteer in local community
Walgreens is proud to be a Corporate Social Responsibility leader, setting the pace on some of the most important issues of our day, and our IT and digital teams are no exception.
Partners with Nonprofits
Money raised through Red Nose Day supports programs that keep children safe, healthy and educated in America and around the world.
Friends outside of work
Eat lunch together
Intracompany committees
To learn more visit https://jobs.walgreens.com/it-culture
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Highly diverse management team
Every day, in a multitude of ways, the foundational principles of integrity, respect and fair dealing embraced by our founder Charles R. Walgreen inspire us.
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Walgreens employees can contribute up to $500 annually to their FSA.
Disability Insurance
Disability insurance covers 6 weeks at 100% base pay, 6 weeks at 50% base pay. 50% benefit may be supplemented by PTO, frozen sick, or frozen vacation.
Dental Benefits
For dental coverage, you may choose from four plan levels ranging from a basic-only option to those with orthodontia and other major service coverage.
Vision Benefits
There are three levels of benefits for vision coverage ranging from an exam-only discount option to an enhanced PPO with both in and out-of-network benefits.
Health Insurance Benefits
You have access to competitive coverage options through the Benefits Support Center, which is the Walgreens private corporate exchange.
Life Insurance
Benefit-eligible team members are eligible for company-paid term life insurance at a benefit equal to: • 1.5 times annual base salary and $25,000 for all other hourly-paid team members
Wellness Programs
Onsite Gym
Team workouts
Walgreens team fitness initiatives include Sponsored race teams like the JP Morgan Chase Run.
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Walgreens provides employees with a 401(k) matching plan called the Walgreen Profit Sharing Plan. After completing one year, we match 4% of contributions $1 for $1.
Employee Stock Purchase Plan
After 90 days of service and an average of 20 hours worked per week, you are eligible to purchase WBA stock at a 10% discount off market value.
Performance Bonus
You are eligible for a corporate bonus subject to approval by the Board of Directors (unless you are covered under another bonus program).
Child Care & Parental Leave Benefits
Child Care Benefits
Generous Parental Leave
Remote Work Program
Our remote work program includes work from home. Work remotely 2 days per week and/or work remotely on occasion as needed.
Family Medical Leave
Vacation & Time Off Benefits
Paid Holidays
Perks & Discounts
Casual Dress
Commuter Benefits
The Transportation Benefit Plan allows you to save money by paying for your transportation and parking needs with before-tax dollars and payroll deductions.
Game Room
Parking
Professional Development Benefits
Lunch and learns
Renewal host weekly Lunch and Learns on topics selected by our team.
Promote from within
Customized development tracks

Additional Perks + Benefits

Walgreens offers a wide variety of benefits to eligible team members designed to support your physical, financial, and emotional well-being while helping you balance work and life. To learn more visit https://jobs.walgreens.com/benefits.

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