RxBenefits, Inc. · 2 hours ago
Vice President, Strategic Pricing
RxBenefits, Inc. is seeking a Vice President, Strategic Pricing who will be a critical enterprise leader responsible for setting the pricing vision and execution strategy across all PBM offerings. The role involves leading pricing strategy, complex deal design, and ensuring competitive market positioning while driving profitable growth and operational excellence.
FitnessHealth Care
Responsibilities
Establish and continuously refine the enterprise pricing strategy across all PBM products and services to ensure competitiveness, sustainability, and EBITDA protection
Lead pricing for all large and strategic opportunities—including RFPs, renewals, and custom pricing/deal desk requests—balancing client value, financial objectives, and enterprise risk tolerance
Oversee pricing guardrails, margin modeling, guarantee structures, actuarial methodologies, forecasting assumptions, and deal-level P&L accuracy
Sponsor and drive market-differentiating pricing constructs (e.g., True Cost, cost-plus models, 100% pass-through rebates, value-based frameworks)
Improve client-level profitability via standardized pricing architecture, predictive analytics, and alignment with clinical rules engines and formulary strategies
Govern the enterprise pricing process through a formal pricing committee (deal desk), ensuring governance rigor, documented decisions, and defined accountability
Develop and enforce pricing standards, exception management policies, and risk thresholds that ensure consistency and protect financial outcomes
Reduce pricing variability and accelerate quote turnaround time by improving model standardization, automation, and documentation
Collaborate with Corporate Analytics and Technology to enhance pricing tools, data pipelines, documentation, and governance dashboards
Maintain deep, current expertise in PBM industry pricing trends, competitive landscape, drug mix shifts, specialty cost inflation, manufacturer contract dynamics, and network economics
Continuously review marketplace benchmarks (AWP, WAC, NADAC) and competitive guarantee constructs to inform pricing strategy and product positioning
Lead the evolution of RFP pricing strategy to improve win rates, differentiate RxBenefits’ value proposition, and ensure alignment with market conditions and buyer expectations
Partner closely with Clinical, PBM Relations, Sales, Account Management, Finance, and Product to ensure pricing reflects operational realities, clinical strategy, and market dynamics
Build a unified and positive operating rhythm between Pricing, Strategic Pricing, Clinical, PBM Relations, AM, and Sales to ensure consistent execution across the enterprise
Deliver pricing education, playbooks, and training to internal teams to elevate organizational fluency in PBM economics, pricing mechanics, and governance processes
Build, lead, and scale a high-performing pricing organization with expertise in actuarial modeling, analytics, market strategy, and deal design
Foster a culture of accountability, analytical rigor, innovation, and cross-functional partnership
Develop talent through structured coaching, succession planning, skill-building, and leadership development
Model an enterprise-first mindset and help drive clarity, transparency, and alignment across teams
Qualification
Required
10+ years of progressive leadership experience in PBM pricing, actuarial science, healthcare analytics, strategy, or financial modeling; PBM experience strongly preferred
Deep subject-matter expertise in PBM economics, including rebates, clinical/utilization dynamics, network pricing, formulary strategy, cost-of-goods, specialty drug economics, and guarantee frameworks
Demonstrated success leading enterprise-specific pricing strategy, governance, and complex, high-stakes negotiations for large client segments
Strong cross-functional influence skills with the proven ability to drive alignment across Clinical, Sales, Finance, AM, Product, and Executive Leadership
Exceptional strategic, analytical, and financial modeling capabilities; comfortable operating with ambiguity and simplifying complex issues into actionable strategies
Experience building and scaling high-performing pricing or actuarial organizations; strong leadership presence with a coaching-oriented mindset
Highly collaborative and able to create trusted, long-term partnerships with internal and external stakeholders
Strong planning, prioritization, and business-acumen capabilities; adept at managing competing priorities in a dynamic, fast-moving environment
Executive presence with the ability to confidently present recommendations, challenge assumptions, engage in productive debate, and influence decisions at the highest levels
Comfortable operating with directness, logic, humility, and a bias for practical execution
Preferred
Master's degree in Finance, Healthcare Administration, Actuarial Science, or related field
Prior leadership experience within a major PBM, health plan, specialty pharmacy, or healthcare analytics firm
Experience with SQL, actuarial tools, or advanced analytics platforms (e.g., SAS, R, Python, Tableau) to enhance pricing insights
Knowledge of medical + pharmacy integration, value-based reimbursement models, or outcomes-based contracting
Company
RxBenefits, Inc.
RxBenefits is a health and wellness company that provides pharmacy benefits and administration services.
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Great Hill Partners
2020-12-01Private Equity
2016-01-12Private Equity
Recent News
Morningstar, Inc.
2024-12-17
Company data provided by crunchbase