Product Management Advisor, Commercial Regulatory & Solutions - Express Scripts - Hybrid

Position Summary:

The Product Advisor will be a resourceful professional responsible for supporting the Commercial Regulatory & Solutions team within the Regulated Markets Division. Responsibilities may include but are not limited to:

• Support the review process and management of product specific and/or large-scale state commercial laws that impact the PBM and/or clients.
• Facilitation of internal cross-functional discussion to understand implications of the law on the business product/area identify opportunities and create compliant solution(s).
• Identification of functional areas within Express Scripts that are impacted by the State Laws.
• Document next steps/action items for compliant solutions.
• Implementation surveillance and ongoing maintenance of State Commercial laws impacting Express Scripts and our clients pharmacy benefit.
• Initiate internal and external communications and training on the impact and solutions for state commercial laws.

ESSENTIAL FUNCTIONS

• Complete a business assessment of the regulation and document the laws impact to Express Scripts and the actions required for compliance in the regulatory database.
• Translating regulatory instructions into business requirements to support the laws compliant solution.
• Consult cross-functional partners on action and compliance plans participate in designing compliant solutions and present to appropriate forums.
• Create and maintain documentation (regulation playbooks slide decks etc.) for regulations to support Account Teams and enable a pathway for compliance for existing and future clients.
• At times there may need to be new processes or technology to support compliance of state laws. If a technology project is needed this will include providing IT with the requirements to create new capabilities.
• Fielding and responding to inquiries from internal partners (such as account/implementation teams strategists) related to enacted state regulations.
• Identifying and implementing process improvements when needed to meet compliance and/or stakeholder needs.
• Communicate strategies and deliverables with internal teams (leadership/business areas/account teams) and external teams (client) efficiently and effectively.
• End to end ownership of the assigned regulations including surveillance resolution of issues and maintenance.
• Serve as Subject Matter Expert providing guidance and consultation to clients and account teams on potential compliant solutions.
• Manage state mandated oversight/compliance reporting requirements.
• Provide Project Management support for large sweeping (Omnibus) state commercial laws which impacts multiple business areas.

QUALIFICATIONS

• Bachelors degree in relevant discipline or relevant experience.
• Juris Doctor (JD) degree preferred but not required
• Self-starter with strong problem-solving critical thinking and multi-tasking abilities across various projects independently.
• Strong PC computer skills including PowerPoint Excel Visio and Word.
• Excellent communication and presentation skills written and verbal.
• Must have a high level of organization and interpersonal skills be comfortable with ambiguity and a dynamic and fast paced environment.
• Maintain a high degree of professionalism in enterprise relationships and interpersonal interactions.

PREFERRED SKILLS/QUALIFICATIONS

State Commercial Regulations background preferred.

• Background in business management compliance and/or State Regulatory Law (strongly preferred)
• PBM and/or Regulated Markets experience.
• Project Management experience.
• IT project experience.

This role is also anticipated to be eligible to participate in an annual bonus plan.

We want you to be healthy balanced and feel secure. Thats why youll enjoy a comprehensive range of benefits with a focus on supporting your whole health. Starting on day one of your employment youll be offered several health-related benefits including medical vision dental and well-being and behavioral health programs. We also offer 401(k) with company match company paid life insurance tuition reimbursement a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs visit Life at Cigna Group.

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