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Pbm Vice President Jobs in Rio Rancho, NM (NOW HIRING)

Pbm Vice President information

See Rio Rancho, NM salary details

$40.9K

$148.2K

$261K

How much do pbm vice president jobs pay per year?

As of Jun 11, 2026, the average yearly pay for pbm vice president in Rio Rancho, NM is $148,175.00, according to ZipRecruiter salary data. Most workers in this role earn between $108,200.00 and $178,700.00 per year, depending on experience, location, and employer.

What is the difference between Pbm Vice President vs Pbm Director?

AspectPbm Vice PresidentPbm Director
CredentialsTypically requires advanced degrees (e.g., MBA), extensive industry experienceUsually requires a bachelor's or master's degree, relevant industry experience
Work EnvironmentExecutive leadership, strategic planning, cross-departmental oversightOperational management, team leadership, project execution
Employer & Industry UsageCommon in healthcare, pharmaceutical, and insurance sectorsUsed across similar industries, often reporting to Vice Presidents

The Pbm Vice President focuses on strategic leadership and high-level decision-making within pharmacy benefit management companies, while the Pbm Director handles day-to-day operations and team management. Both roles require industry-specific knowledge, but the Vice President operates at a higher strategic level with broader responsibilities.

What are the key skills and qualifications needed to thrive as a PBM (Pharmacy Benefit Management) Vice President, and why are they important?

To thrive as a PBM Vice President, you need deep expertise in healthcare management, pharmacy benefits, strategic planning, and a relevant degree such as an MBA or PharmD. Familiarity with claims processing systems, data analytics tools, and knowledge of regulatory compliance are essential, along with potential certifications in healthcare management. Strong leadership, negotiation, and communication skills set top candidates apart in this executive role. These skills and qualities are crucial for driving organizational success, optimizing pharmacy benefit operations, and ensuring regulatory and client satisfaction in a complex healthcare landscape.

What are some common challenges faced by a PBM Vice President when leading cross-functional teams?

A PBM Vice President often manages cross-functional teams that include clinical, operations, analytics, and client services professionals. One common challenge is aligning diverse departments with varying priorities and communication styles toward unified business goals. Balancing strategic vision with day-to-day execution, managing stakeholder expectations, and maintaining regulatory compliance can be demanding. Successful PBM Vice Presidents foster collaboration, encourage open communication, and implement clear processes to navigate these complexities and drive organizational success.

What is a PBM Vice President?

A PBM (Pharmacy Benefit Manager) Vice President is a senior executive responsible for overseeing operations, strategy, and business development within a pharmacy benefit management organization. They lead teams that manage prescription drug programs for health plans, employers, and government entities, ensuring cost-effective and high-quality pharmaceutical care. The PBM Vice President collaborates with stakeholders, negotiates contracts with pharmacies and drug manufacturers, and drives initiatives to improve clinical outcomes and reduce costs. Their role is critical in shaping pharmacy benefit policies and maintaining regulatory compliance within the organization.
What job categories do people searching Pbm Vice President jobs in Rio Rancho, NM look for? The top searched job categories for Pbm Vice President jobs in Rio Rancho, NM are:
What cities near Rio Rancho, NM are hiring for Pbm Vice President jobs? Cities near Rio Rancho, NM with the most Pbm Vice President job openings:
Health Plan Sales, VP - REMOTE

Health Plan Sales, VP - REMOTE

Prime Therapeutics LLC

Albuquerque, NM • On-site, Remote

$143K - $243K/yr

Full-time

Posted 12 days ago


Prime Therapeutics rating

7.7

Company rating: 7.7 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

18th of 99 rated pharmacies


Job description

At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us.
Job Posting Title
Health Plan Sales, VP - REMOTEJob Description
The Health Plan Sales, VP is responsible for new sales for the new to blue and large health plan market segment), which is a key growth channel for Prime's PBM business unit and the broader Prime enterprise. This VP will be responsible for the new business sales development and execution of strategies and/or tactics in the following areas: Territory Planning, Pre-RFP Prospecting and Relationship Development, Proposal Development, Pricing Development, Presentation Development and Delivery (finalist or other). The key focus is to develop relationships and strategies, collaborating with identified decisionmakers and influencers at prospect health plans. Success will be measured by achievement of sales targets prospected, finalist meetings achieved, number of groups won, and/or number of lives won, and other key objectives assigned.
Responsibilities
  • Directly build and foster relationships with consultants; conduct discovery meetings, and advance awareness/understanding of Prime's value proposition. Work collaboratively with HPS's Sales Development Managers and functional key stakeholders through the end-to-end Large Bid selling process
  • Conduct a thorough, qualitative review of RFPs with a focus accountability for health plan bid deliverables inclusive of response to plan/consultant key questions, RFP bid executive summary, finalist and capabilities presentations and the timeliness and accuracy of the overall response.
  • Lead the development of dossiers (Bid-at-a-Glance or BAG) or Client Status Report's (SCRs) on assigned prospects to inform and support sales planning, with an emphasis on clearly identifying strategies to win.
  • Engage with Prime's senior leaders, subject matter experts, and competition intelligence to ensure the sales department has awareness of Prime's most current capabilities and products and provide feedback of Prime's market competitiveness.
  • Collaborate with marketing department on sales campaigns, plan outreach, meeting preparation and other means of communication and with HPS sales operations to develop and maintain effective sales prospecting, database information integrity, event strategy, and sales pipeline accuracy and KPI reporting cadence.
  • Works with Business and Functional Unit leaders to develop proposals that manage profit, revenue, and gross margin for new prospects.
  • Identify gaps and lead special projects focused on improving effectiveness and implementing best practices within the Health Plan Sales department.
  • Partner with, and actively engage Prime's legal counsel and cross-functional stakeholders on contracting needs of client prospects
  • Provide day-to-day work direction, mentoring and support to Sales Development Managers. Participate in the staffing selection and lead sales team onboarding as assigned.
  • Other duties as assigned

Minimum Qualifications
  • Bachelor's degree in business, marketing, sales or a related field, or equivalent combination of education and/or relevant work experience; HS diploma or GED required
  • 10 years of experience in business development, business to business sales or sales support
  • Must be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications
  • Excellent facilitation, presentation, and consultation skills; demonstrated ability to distill financial or PBM related concepts or situations into concise and compelling messages
  • Demonstrated ability to evaluate and create opportunities, develop effective selling messages, presentations, and proposals
  • Exceptional communication and relationship development skills both internally and externally
  • Exceptional organizational, project management and time management skills
  • Known as a subject matter expert in one or more areas within the industry
  • Excellent business development acumen, critical thinking and customer orientation skills

Preferred Qualifications
  • Master's degree in business or a related field
  • Experience in Pharmacy Benefit Management field and/or Health Insurance

Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures
Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job.
Potential pay for this position ranges from $143,000.00 - $243,000.00 based on experience and skills.
To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits).
Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.
We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.
Prime Therapeutics LLC is a Tobacco-Free Workplace employer.
Positions will be posted for a minimum of five consecutive workdays.

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About Prime Therapeutics

Sourced by ZipRecruiter

Prime Therapeutics, located in Eagan, MN, is a pharmacy benefits management company that has been serving the healthcare industry since its foundation. They are an integral participant in the medical sector, specifically in the realm of health insurance. They focus on providing innovative pharmacy benefits and services to more than 30 million members nationwide. Besides their main pharmacy benefit management, they offer mail service pharmacy, specialty pharmacy, benefits management, and consultative engagement services to ensure individuals have continuous access to affordable prescription drugs. Prime Therapeutics, founded around three decades ago, has grown to stand out as a leader in its industry, thanks to its commitment to improving the health of its clients.

Industry

Insurance services

Company size

1,001 - 5,000 Employees

Headquarters location

Eagan, MN, US

Year founded

1987

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