GoodRx is the leading prescription savings platform in the U.S. Trusted by more than 25 million consumers and 750,000 healthcare professionals annually, GoodRx provides access to savings and affordability options for generic and brand-name medications at more than 70,000 pharmacies nationwide, as well as comprehensive healthcare research and information. Since 2011, GoodRx has helped consumers save nearly $75 billion on the cost of their prescriptions.
Our goal is to help Americans find convenient and affordable healthcare. We offer solutions for consumers, employers, health plans, and anyone else who shares our desire to provide affordable prescriptions to all Americans.
About this Role:
GoodRx is seeking a dynamic and visionary SVP & Head of Benefits Solutions to lead and expand our strategy for delivering innovative, cost-effective pharmacy benefit solutions to funded beneficiaries. This role will work alongside passionate, mission driven colleagues to help shape the future of pharmacy benefits and make a meaningful impact on medication affordability and access.
Want more jobs like this?
Get jobs that are Remote delivered to your inbox every week.
This executive leader will be responsible for driving our B2B strategy to deliver GoodRx benefits to funded beneficiaries. This includes managing our integrated savings program (ISP) with PBMs as well as expanding to deliver other innovative pharmacy benefit solutions for funded beneficiaries. Furthermore, this individual will drive partnership and innovation with pharmacy ecosystem constituents to drive novel go-to-market approaches that lower cost and improve value - this involves bringing together PBMs, plan sponsors, pharma, and the pharmacy network. This individual will drive the strategy and business development efforts with PBMs, payers, employers, plan sponsors, TPAs, consultants, and related entities.
Key Responsibilities:
- Define and execute the overarching strategy to profitably grow all B2B pharmacy benefit solutions at GoodRx
- Manage existing ISP PBM clients in partnership with the Head of Network
- Expand the B2B pharmacy benefit solution set to include innovation around non-covered drugs, new payment methods, and other innovation that will resonate in the pharmacy benefit market
- Partner with the Head of Trade and the pharma manufacturer solutions team to drive innovation solutions for brand drug with plan sponsors and PBMs
- Manage potential channel conflict between PBMs and plan sponsors as the GoodRx B2B solution set expands
- Create and execute a long-term strategy that will grow GoodRx's B2B solution set with PBMs, payers, employers, plan sponsors, TPAs, consultants, and related entities
- Partner with legal to align on how GoodRx positions itself relative to insurance licensure and the regulatory environment pertaining to benefits
Key Qualifications:
- Bachelor's degree required, Master's degree strongly preferred; 18-20 years of progressive leadership experience in healthcare, pharmacy benefits or health tech; strong preference for experience with PBM, payers, or employer-sponsored benefits. This individual should have demonstrated success building relationships and executing contracts with pharmacy ecosystem partners that have produced results that have benefitted both parties.
- This individual should demonstrate a deep understanding of the financial and economic levers within the key pharmacy ecosystem partners' P&L
- 10+ years of pharmacy, PBM, and pharma executive-level experience with a broad network of relationships across the pharmacy and pharmacy benefit ecosystem
- Strong understanding of pharmacy benefit design for plan sponsors and industry trends that create room for innovation to improve the experience
- 10+ years of experience leading a team with cross functional interdependencies
- 10+ years of large P&L ownership experience
All GoodRx employees are responsible for reviewing and complying with all Company safety and security policies and procedures, being vigilant and observant of potential security threats (including phishing attempts) and proactively communicating with the Security Team to raise any concerns.
At GoodRx, pay ranges are determined based on work locations and may vary based on where the successful candidate is hired. The pay ranges below are shown as a guideline, and the successful candidate's starting pay will be determined based on job-related skills, experience, qualifications, and other relevant business and organizational factors. These pay zones may be modified in the future. Please contact your recruiter for additional information.
San Francisco and Seattle Offices:
$332,000.00 - $532,000.00
New York Office:
$305,000.00 - $487,000.00
Santa Monica Office:
$277,000.00 - $443,000.00
Other Office Locations:
$249,000.00 - $399,000.00
GoodRx also offers additional compensation programs such as annual cash bonuses and annual equity grants for most positions as well as generous benefits. Our great benefits offerings include medical, dental, and vision insurance, 401(k) with a company match, an ESPP, unlimited vacation, 13 paid holidays, and 72 hours of sick leave. GoodRx also offers additional benefits like mental wellness and financial wellness programs, fertility benefits, generous parental leave, pet insurance, supplemental life insurance for you and your dependents, company-paid short-term and long-term disability, and more!
We're committed to growing and empowering a more inclusive community within our company and industry. That's why we hire and cultivate diverse teams of the best and brightest from all backgrounds, experiences, and perspectives. We believe that true innovation happens when everyone has a seat at the table and the tools, resources, and opportunities to excel.
With that said, research shows that women and other underrepresented groups apply only if they meet 100% of the criteria. GoodRx is committed to leveling the playing field, and we encourage women, people of color, those in the LGBTQ+ communities, individuals with disabilities, and Veterans to apply for positions even if they don't necessarily check every box outlined in the job description. Please still get in touch - we'd love to connect and see if you could be good for the role!
GoodRx is committed to providing reasonable accommodations for candidates with disabilities during our recruiting process. If you need any assistance or accommodations due to a disability, please reach out to us at accommodations@goodrx.com.
We prioritize candidate safety. Please be aware that all official communication will only be sent from @goodrx.com or goodrx@myworkday.com addresses.
GoodRx is America's healthcare marketplace. The company offers the most comprehensive and accurate resource for affordable prescription medications in the U.S., gathering pricing information from thousands of pharmacies coast to coast, as well as a tele-health marketplace for online doctor visits and lab tests. Since 2011, Americans with and without health insurance have saved $60 billion using GoodRx and million consumers visit goodrx.com each month to find discounts and information related to their healthcare. GoodRx is the #1 most downloaded medical app on the iOS and Android app stores. For more information, visit www.goodrx.com.