Account Executive

01 Mar 2025

Vacancy expired!

Our work matters. We help people get the medicine they need to feel better and live well. We do not lose sight of that. It fuels our passion and drives every decision we make.Job Posting TitleAccount ExecutiveJob Description SummaryManages the day to day account relationship. Supports the development of and executes on ongoing strategy to ensure retention and growth by providing solutions that align with customers overall business and human capital management objectives. Develops strong relationships with internal matrix partners that support achievement of strategic alignment (IT, Finance, Product Development, Claims, Legal etc.). Under guidance, takes the leadership role in coordinating these resources to achieve business objectives, maintain account satisfaction, and ensures that the company's products and services support customers needs.Job Description

Customer Relationship: Supports the account management team in developing and maintaining a strategic business plan that fully reflects global customer's business objectives and how the company's solutions align with those objectives and specifically guides the company's operational, financial, network, clinical and relationship initiatives.

Understands the customer's structure and demonstrates the ability to apply this knowledge in business and retention planning for the client.

Ensures Service Level Agreement performance, assurance of accuracy of claims payment and administrative policies, rate maximization through ongoing benefit analysis and adherence to requirements of the account?s legal/regulatory environment.

Owns overall account satisfaction within the company as well as satisfaction with all specific areas particularly account management.

Develops strong relationships which penetrate the customer at various levels from day to day contacts to senior leadership involving other internal staff to maintain multiple connections and strengthen the overall relationship.

Develops strong relationships and contacts within the company that are supportive of the achievement of customer service requirements including attainment of performance guarantees and minimization of performance penalty expense.

Ensures all Customer and Account-Facing services are provided in a consistent and timely fashion.

Supports the Internal Customer Operating Model.

Resolves or appropriately escalates customer service issues in conjunction with operations (claims, service, and systems).

Provides mentoring to the account management team in effective problem solving and servicing of the account.

Develops, introduces, and executes the customer governance process.

Builds relationships and alliances with matrix partners.

Compliance: Coordinates with the compliance department on knowing and understanding regulations and the implication to customer impact.

Maintains a client audit schedule to ensure a proactive approach in supporting critical client compliance.

Coordinates all customer audit preparation and execution.

Proactively communicates to internal and external contacts.

Demonstrates thorough contract understanding and detailed knowledge of business requirements.

Coordinates with legal to ensure contract compliance.

Reporting: Defines customer reports and ensure coordination with the client.

Oversight of reporting calendar to ensure timely submission.

Analyzes data and reporting and executive summary development.

Prepares and supports presentation of customer reports with meaningful analytics, trending and recommendations for program improvement based on findings.

Ensures all client reports have an executive summary and explanation of data.

Financial: Ensures revenue goals are met, cost of care and administrative expenses are managed and segment profit targets are achieved for assigned account (s).

Demonstrate a thorough knowledge of Cost of Care and implications internally and for the client.

Ensures performance standards are measurable and realistic to achieve and/or exceed to avoid penalties. Partners with Operations and Network on monitoring. Manages methodology, reporting and communications.

Directly participates and supports manager on all renewal activities.

Manages risks and develop opportunities associated with underwritten rates.

Up-Sell/Product/Growth: Analyzes account benefit and ability to apply this knowledge to growth.

Drives up-sell and renewal activities across assigned account(s). Negotiates and/or supports negotiation of rates and contractual terms with customers that result in achieving segment profit targets and creatively adjusts features and service delivery models that increase efficiency and improve value to the customer and/or margin for the company.

Identifies products and services that bring solutions to the customer based on a thorough understanding of the customer's strategic business goals and the business needs.

Demonstrates depth of knowledge of the company's products and how multiple products are interdependent within the customer contract deliverables and outcomes.

May oversee staff as appropriate.

Responsibilities

Proficient in MS Office suite.

Excellent verbal and written communication skills.

10+ years' relevant experience.

Work ExperienceWork Experience - Required:Account ManagementWork Experience - Preferred:EducationEducation - Required:A Combination of Education and Work Experience May Be Considered., BachelorsEducation - Preferred:MastersCertificationsCertifications - Required:Certifications - Preferred:Potential pay for this position ranges from $79,340.00 - $126,940.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page (https://www.primetherapeutics.com/careers/benefits/) and click on the "Benefits at a glance" button for more detail.Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, genetic information, marital status, family status, national origin, age, disability, veteran status, or any other legally protected class under federal, state, or local law.Prime Therapeutics' fast-paced and dynamic work environment is ideal for proactively addressing the constant changes in today's health care industry. Our employees are involved, empowered, and rewarded for their achievements. We value new ideas and work collaboratively to provide the highest quality of care and service to our members.If you are looking to advance your career within a growing, team-oriented, award-winning company, apply to Prime Therapeutics today and start making a difference in people's lives.Prime Therapeutics LLC is an Equal Opportunity Employer. We encourage diverse candidates to apply and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. ​ If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1.866.469.1257 or email Careers@primetherapeutics.com.

Full-time
  • ID: #49388769
  • State: Rhode Island Rhode island 02901 Rhode island USA
  • City: Rhode island
  • Salary: USD TBD TBD
  • Showed: 2023-03-01
  • Deadline: 2023-04-30
  • Category: Et cetera