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Principal - Drug Trends & Pipeline Strategy - Evernorth

CignaPhiladelphia, PA

$139,700 - $232,900 / year


Overview

Schedule
Full-time
Career level
Senior-level
Remote
Remote
Compensation
$139,700-$232,900/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

SUMMARY:

The Principal, Drug Trends and Pipeline Strategy will be responsible for the development and execution of clinical strategies across multiple therapeutic areas to create market differentiating solutions and drive market adoption and growth. The Principal plays a key role in ensuring alignment and collaboration amongst cross-functional business units throughout the Supply Chain organization. The Principal will leverage analytical and clinical expertise, along with strong healthcare industry knowledge, to conduct strategic analyses, contribute to enterprise planning, and collaborate across clinical, product, operations, analytics, actuarial, and finance teams to identify new opportunities, expand capabilities, and strengthen competitive positioning, and support long-term strategic priorities.

RESPONSIBILITIES:

  • Conduct external and internal reviews of the healthcare landscape (e.g., drug pipeline, emerging trends, regulatory activities, and competitive dynamics) to identify trends, opportunities, and gaps
  • Evaluate the performance of internal clinical strategies to determine enhancement
  • Synthesize internal and external insights into innovative and actionable recommendations that drive enterprise objectives, exceed clients' needs, and enable differentiation in the marketplace
  • Utilize internal data and modeling to evaluate financial impacts of strategies
  • Build strategic partnerships with key stakeholders to achieve key initiatives and goals
  • Understand and partner with the Negotiator Team to negotiate contracting language to protect formulary and trend solutions from unintended conflicts across Commercial, Medicare, and product offerings that depend on those contracts
  • Monitor strategy performance and outcomes following implementation
  • Develop presentations and strategic updates that synthesize complex information for senior leadership
  • Establish and execute internal SOPs and playbooks for the team

IDEAL CANDIDATES WILL HAVE A COMBINATION OF THE FOLLOWING:

  • Bachelor's degree required; advanced degree (e.g., MBA, MHA, PharmD) preferred
  • Licensed pharmacist in good standing, if degree is Pharmacy
  • Minimum of 8 years with experience in healthcare strategy (e.g., pharmaceutical contracting, analytics, formulary development, product development, business development)
  • Experience using financial modeling tools, including experience in interpreting and reviewing financial modeling results to evaluate the financial impacts of contract changes
  • Strong financial acumen
  • Demonstrated expertise in clinical strategy and healthcare innovation
  • Knowledge of PBM industry, managed care, healthcare industry
  • Comfortable working with complex data sets and queries
  • Exceptional Strategic thinker with a track record of anticipating trends and translating insights into actionable plans
  • Experience working effectively in a matrixed organization with strong relationship-building and stakeholder management skills
  • Strong detail orientation, organization, and management of multiple parallel projects with fluid timelines
  • Ability to thrive in a fast-paced environment, demonstrate accountability for deliverables, and effectively balance multiple prioritiesPlease see attached job description

If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

For this position, we anticipate offering an annual salary of 139,700 - 232,900 USD / yearly, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus and long term incentive plan.

At The Cigna Group, you'll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year, paid holidays, and leaves of absence. For more details on our employee benefits programs, click here.

About Evernorth Health Services

Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you need a reasonable accommodation to complete the online application process, please email seeyourself@thecignagroup.com for assistance. Please note that this email inbox is dedicated to accommodation requests only and cannot provide application updates or accept resumes.

Cigna has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.

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FAQs About Principal - Drug Trends & Pipeline Strategy - Evernorth Jobs at Cigna

What is the work location for this position at Cigna?
This job at Cigna is located in Philadelphia, PA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Cigna?
Candidates can expect a pay range of $139,700 and $232,900 per year.
What employment applies to this position at Cigna?
Cigna lists this role as a Full-time position.
What experience level is required for this role at Cigna?
Cigna is looking for a candidate with "Senior-level" experience level.
Does Cigna allow remote work for this role?
Yes, this position at Cigna supports remote work, giving candidates the flexibility to work outside the primary office location.
What benefits are offered by Cigna for this role?
Cigna offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Life Insurance, Paid Holidays, Paid Vacation, 401k Matching/Retirement Savings, Tuition/Education Assistance, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Cigna?
You can apply for this role at Cigna either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.