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Staff VP CarelonRx Product Strategy
Staff VP CarelonRx Product StrategyElevance Health • Atlanta, Georgia, USA
Staff VP CarelonRx Product Strategy

Staff VP CarelonRx Product Strategy

Elevance Health • Atlanta, Georgia, USA
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Anticipated End Date :

Position Title :

Staff VP CarelonRx Product Strategy

Job Description :

CarelonRx proud member of the Elevance Health family of companies CarelonRx leverages the power of new technologies and a strong clinical-first lens to deliver member-centered lasting pharmacy care.

Staff Vice President of Pharmacy Product

Location : May be located in any Elevance Health PulsePoint office preferably in Indianapolis IN Atlanta GA Mason OH Los Angeles CA San Francisco CA Chicago IL or New ork City

This role requires associates to be in-office at least 3days per week fostering collaboration and connectivity while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work promoting a dynamic and adaptable workplace. Alternate locations may be considered. Please note that per our policy on hybrid / virtual work candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment unless an accommodation is granted as required by law.

Summary

TheStaff Vice President of PharmacyProductis a senior executive responsible for shaping and executing the long-termvision and strategy for Elevance Healths pharmacy product portfolio business with full ownership of our PBM product P&L. Reporting to the President ofCarelonRxPBM this role leads enterprise-wide efforts to define the future-state pharmacy product offering for all commercial and government lines of business (internal and external) advancing Elevance Healths mission to improve affordability quality and whole-health outcomes.

The Staff VP provides strategic direction across product innovation pricing and growth lifecycle management and competitive positioning to advance Elevance Healths leadership in the PBM market. This leader collaborates closely withCarelonRxexecutive leadership across benefit management pharmacy operations health plan product leadership sales and account management as well as the centralized Carelon Product organization onstrategyexecutionandgo to marketlifecycle managementnetwork management and cross-segment business teams to develop a differentiated pharmacy offering that meets evolving client member and market needs.

Position Responsibilities

Leads development and execution of theenterprise PBMproduct strategy ensuring alignment with Elevance Healths strategic priorities and growthobjectives.

Full ownership and responsibility of ourPBM Product P&L

Partners with the Carelon Product function to manage the PBM product lifecycle includingstrategyideation prioritization rationalization developmentgo-to-market lifecycle managementand market performance evaluation.

Translatesmarket trends regulatory changes and client insightsinto actionable strategies that drive business growth and client satisfaction.

Evaluates external vendors to support strategy

Creates multi-year roadmap for PBMproductensuring a balanced portfolio that advances affordability access and clinical value

Partners with the Carelon Product function to createmulti-year PBM product roadmaps ensuring a balanced portfolio that advances affordability access and clinical value.

Collaborates with enterprise marketing segment sales leaders and product go-to-market teams to developgo-to-market strategiesand product positioning that highlight Elevance Healths PBM value proposition.

Provides executive-level leadership onstrategic design pricing and market differentiationto strengthen Elevance Healths competitive position.

Oversees the development of key performance indicators and reporting mechanisms to evaluate PBM product success adoption and profitability.

Builds leads and inspires a high-performing business and operating organization; provides mentorship vision and professional development to drive execution excellence.

Provides operational support and oversight for PBM offerings once in marketincludingmanaging key operational teams tomangeproducts post-launchtracking KPIs andensuring a consistent feedback loop for market and operational issues back into the strategy.

Position Requirements

Requires a BA / BS degree and a minimum of 10 years of related experience; or any combination of education and experience which would provide an equivalent background.

Preferred Skills Capabilities and Experiences

Minimum of 12 years of experiencein product strategy PBM leadership or healthcare innovation includingsignificant executive-level responsibilityfor strategy development and implementation strongly preferred.

Demonstrated success in developing and executing multi-year strategies that drive business growth operational efficiency and client satisfaction.

Strong executive presence with the ability to influence and collaborate across enterprise and segment leadership.

Deep understanding of the PBM landscape including network strategy clinical integration and market dynamics.

MBA or MHA preferred.

For candidates working in person or virtually in the below location(s) the salary

  • range for this specific position is $178160.00 to $320688.00

Locations : California; Illinois New York

In addition to your salary Elevance Health offers benefits such as a comprehensive benefits package incentive and recognition programs equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender race or any other category protected by federal state and local pay equity laws .

  • The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location work experience education and / or skill level. Even within the range the actual compensation will vary depending on the above factors as well as market / business considerations. No amount is considered to be wages or compensation until such amount is earned vested and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus commission benefits or any other form of compensation and benefits that are allocable to a particular employee remains in the Companys sole discretion unless and until paid and may be modified at the Companys sole discretion consistent with the law.
  • Job Level : Staff / Regional VP

    Workshift : Job Family :

    MKT >

    Product Prog / Proj & Support

    Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes including those submitted to hiring managers are deemed to be the property of Elevance Health.

    Who We Are

    Elevance Health is a health company dedicated to improving lives and communities and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

    How We Work

    At Elevance Health we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy power our business outcomes and drive our shared success - for our consumers our associates our communities and our business.

    We offer a range of market-competitive total rewards that include merit increases paid holidays Paid Time Off and incentive bonus programs (unless covered by a collective bargaining agreement) medical dental vision short and long term disability benefits 401(k) match stock purchase plan life insurance wellness programs and financial education resources to name a few.

    Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager associates are required to work at an Elevance Health location at least once per week and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

    The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient / member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal state and local laws.

    Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age citizenship status color creed disability ethnicity genetic information gender (including gender identity and gender expression) marital status national origin race religion sex sexual orientation veteran status or any other status or condition protected by applicable federal state or local laws. Applicants who require accommodation to participate in the job application process may contact for assistance. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal state and local laws including but not limited to the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

    Required Experience :

    Exec

    Key Skills

    Marketing,Data Visualization,Tableau,Customer Segmentation,Microsoft Powerpoint,Investment Banking,Strategic Planning,Financial Modeling,Customer relationship management,Management Consulting,Google Suite,Analytics

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

    Monthly Salary Salary : 178160 - 320688

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