What you’ll do at
Position Summary…
What you’ll do…
Position Summary:
Are you passionate about working in a dynamic and challenging environment where you can use your value-based contracting skills to ensure customers receive high-quality and affordable healthcare? A new opportunity has arisen for an ambitious and strategic leader to join our team as the Senior Manager of Payer Programs focused on value-based contracting opportunities. In this highly visible role, you will be responsible for evaluating, contracting, and implementing value-based contract terms in collaboration with internal and external stakeholders. This unique opportunity will enable you to develop value-based care programs at scale for the pharmacy, medical, and optical Walmart Health and Wellness business areas.
You’ll sweep us off your feet if:
- You are able motivate and inspire stakeholders to perform their best
- You possess excellent communication skills, both verbal and written, and are able to communicate effectively with a wide range of stakeholders
- You have the ability to adapt and respond quickly to changing circumstances and market conditions
- You can navigate through uncertainty and ambiguity and keep the team focused on the end goal
- You are curious and continuously seek to improve your skills and knowledge
Preferred Qualifications:
- 3+ years related experience in a healthcare financing (i.e., Health Plan, Pharmacy Benefit Manager) or delivery (i.e., Provider Group, Accountable Care Organization) environment, value-based contracting, implementation, program development, or related field
- Bachelor’s or advanced degree in healthcare administration, business, or a related field
- Experience creating and negotiating value-based contracts
- Strong understanding of healthcare economics and reimbursement models
- Ability to develop strategic plans for implementing value-based contracts
- Familiarity with data analysis and performance metrics to measure success
- Knowledge of healthcare regulations and compliance requirements
- Strong communication and negotiation skills
- Ability to work collaboratively with internal and external stakeholders
- Experience in project management and execution
Oversees the vendor selection process to support the development of the reporting strategy by
- working with sourcing managers to determine project requirements
- creating cost models of different contract variables to assist with vendor negotiation
- generating various scenarios to determine business benefits
- assessing range of negotiation outcomes
- assisting in the negotiations of vendor data terms
- executing defined negotiation strategies to ensure business needs are met and strategies are aligned and monitoring vendor performance to ensure compliance with expectations.
Manages multiple reporting project initiatives by
- working with sourcing managers to determine resource constraints
- assisting in the review and revision of existing reporting metric standards
- assisting with the incorporation of industry and company standards, reporting innovations, and best practices for demonstrating program value into reporting process
- assisting with the development of localized reports to incorporate various types of data
- ensuring proper process documentation for data comparisons by region
- managing reporting strategy cadence based on events and audience
- addressing issues as they arise and communicating updates and results to senior management.
Directs a segment of the healthcare contracting and enrollment process and execution by
- reviewing multiple complex and subjective key performance indicators
- identifying trends and forecasting potential scenarios impacting business continuity, sales, and timeliness of enrollment
- managing inconsistent, competing, and shifting deadlines with layered due dates
- overseeing the management of the information influx from multiple channels
- influencing and collaborating with other stakeholders within the company
- managing multiple complex regulatory projects in emerging markets and establishing metrics for measuring enrollment compliance.
Manages strategic initiatives related to strategic programs to drive new sales and market share by
- evaluating short and long-term return on investments in sales and profitability
- analyzing current data and forecasts and assisting in developing and implementing appropriate action plans to achieve financial goals or initiatives.
Drives the execution of multiple business plans and projects by
- identifying customer and operational needs
- developing and communicating business plans and priorities
- removing barriers and obstacles that impact performance
- providing resources; identifying performance standards
- measuring progress and adjusting performance accordingly
- developing contingency plans and demonstrating adaptability and supporting continuous learning.
Provides supervision and development opportunities for associates by
- selecting and training, mentoring, assigning duties, building a team-based work environment
- establishing performance expectations and conducting regular performance evaluations
- providing recognition and rewards
- coaching for success and improvement and ensuring diversity awareness.
Promotes and supports company policies, procedures, mission, values, and standards of ethics and integrity by
- training and providing direction to others in their use and application
- ensuring compliance with them and utilizing and supporting the Open Door Policy.
Ensures business needs are being met by
- evaluating the ongoing effectiveness of current plans, programs, and initiatives
- consulting with business partners, managers, co-workers, or other key stakeholders
- soliciting, evaluating, and applying suggestions for improving efficiency and cost-effectiveness; and participating in and supporting community outreach events.
#LI-MF4
Live our Values
Culture Champion
- Models the Walmart values to foster our culture; holds oneself and others accountable; and supports Walmart’s commitment to communities, social justice, corporate social responsibility, and sustainability; maintains and promotes the highest standards of integrity, ethics and compliance.
Servant Leadership
- Acts as an altruistic servant leader and is consistently humble, self-aware, honest, and transparent.
Embrace Change
Curiosity & Courage
- Demonstrates curiosity and a growth mindset; fosters an environment that supports learning, innovation, and intelligent risk-taking; and exhibits resilience in the face of setbacks.
Digital Transformation & Change
- Seeks and implements continuous improvements and encourages the team to leverage new digital tools and ways of working.
Deliver for the Customer
Customer Focus
- Delivers expected business results while putting the customer first and consistently applying an omni-merchant mindset and the EDLP and EDLC business models to all plans.
Strategic Thinking
- Adopts a holistic perspective that considers data, analytics, customer insights, and different parts of the business when making plans and shaping the team’s strategy.
Focus on our Associates
Diversity, Equity & Inclusion
- Identifies, attracts, and retains diverse and inclusive team members; builds a high-performing team; embraces diversity in all its forms; and actively supports diversity goal programs.
Collaboration & Influence
- Builds strong and trusting relationships with team members and business partners; works collaboratively and cross-functionally to achieve objectives; and communicates with energy and positivity to motivate, influence, and inspire commitment and action.
Talent Management
- Creates a discipline and focus around developing talent, promotes an environment allowing everyone to bring their best selves to work, empowers associates and partners to act in the best interest of the customer and company, and regularly recognizes others’ contributions and accomplishments.
At Walmart, we offer competitive pay as well as performance-based incentive awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.
You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable. For information about PTO, see https://one.walmart.com/notices .
Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam’s Club facilities. Programs range from high school completion to bachelor’s degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms. For information about benefits and eligibility, see One.Walmart at https://bit.ly/3iOOb1J .
The annual salary range for this position is $79,000.00-$169,000.00
Additional compensation includes annual or quarterly performance incentives.
Additional compensation for certain positions may also include:
– Regional Pay Zone (RPZ) (based on location)
– Stock equity incentives
Minimum Qualifications…
Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.
Minimum Qualifications: Bachelor’s degree in Business, Accounting, Economics, or related field and 3 years’ experience in procurement, strategic sourcing, contract management, or related area OR 5 years’ experience in procurement, strategic sourcing, contract management, or related area.
Preferred Qualifications…
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Insurance, Medicare, Medicade, or other government funded health care program, Supervising Associates, Walmart Health and Wellness, Working in or with Pharmacy Benefit Management
Project Management – Project Management Professional – Certification, Six Sigma Black Belt – Certification, Six Sigma Green Belt – Certification Primary Location… 2001 SE 10th St, Bentonville, AR 72716-3724, United States of America
About Walmart
At Walmart, we help people save money so they can live better. This mission serves as the foundation for every decision we make, from responsible sourcing to sustainability-and everything in between. As a Walmart associate, you will play an integral role in shaping the future of retail, tech, merchandising, finance and hundreds of other industries-all while affecting the lives of millions of customers all over the world. Here, your work makes an impact every day. What are you waiting for?
Walmart, Inc. is an Equal Opportunity Employer- By Choice. We believe we are best equipped to help our associates, customers, and the communities we serve live better when we really know them. That means understanding, respecting, and valuing diversity- unique styles, experiences, identities, abilities, ideas and opinions- while being inclusive of all people.
Hello, NW Arkansas
With over 200 miles of trails, an emerging locally-sourced food scene, the world-renowned Crystal Bridges Museum-NWA has something for everyone.