What are the responsibilities and job description for the VP, Strategy position at Navitus Health Solutions LLC?
Putting People First in Pharmacy- Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other.
The VP, Strategy will lead the identification, exploration, analysis, and prioritization of new business opportunities and strategic initiatives in support of the organization’s growth goals. The VP will also facilitate the periodic review and refresh of the long-term strategic plan, ensuring a thorough understanding of the current internal state, external competitors, and regulatory changes affecting the industry. In partnership with the CEO, CFO, and the entire executive team, the VP, Strategy will also ensure alignment of the strategic and financial plans.
In addition, the VP, Strategy will partner with the CEO to facilitate all aspects of Board and leadership team meetings. This includes meeting cadence, preparation of agendas, collaboration with key content contributors, and review of meeting content to ensure clear, concise, accurate, simple presentation of complex information to facilitate accelerated understanding and decision making.
Challenging the status quo, collaboration at all levels of the organization, fostering innovative thinking, driving decision making, attention to detail, and instilling a sense of urgency to seize opportunities to advance the organization’s mission and vision are critical to success in this role.
Is this you? Find out more below!
How do I make an impact on my team?
- Facilitate the identification, assessment, and prioritization of new business opportunities and strategic initiatives.
- Lead the periodic in-depth review and refreshes of the long-term strategic plan, ensuring all involved have a thorough understanding of the current internal state, external competitors, and regulatory changes affecting the industry.
- Partner with the CEO, CFO, and the VP of Investments and Partnerships to source and assess opportunities for inorganic growth including strategic alliances, mergers, and acquisitions.
- Partner closely with FP&A to ensure alignment of the organization’s strategic, operating, and financial plan.
- Partner with the EPMO to build and operationalize enterprise initiative prioritization, inclusive of business case development, scenario planning, value realization and decision-making frameworks to enable success.
- Drive benchmarking and other “strategic learning” activities in collaboration with the organization’s leadership and their teams as inputs to the organization’s strategy, high-level metrics, and goals. Lead the development and reporting aspects of the organization’s scorecard.
- Be the one stop, independent source for industry data and competitive intelligence – capture, organize and share data to drive innovative, provocative dialogues for continuous improvement.
- Partner with the CEO to facilitate all aspects of Board and leadership team meetings, including quarterly Board meetings, periodic leadership team strategic planning, and regular update meetings.
- Facilitate the preparation of materials with key content contributors and review meeting content to ensure clear, concise, accurate, and simple presentation of complex information to facilitate accelerated understanding and decision making.
- Partner with the Chief Transformation Officer and the EPMO to establish ongoing cadences with senior leadership on the status of various initiatives focused on achieving the organization’s strategic priorities, identifying opportunities and highlighting plans for mitigating risks by using balanced scorecards and program dashboards, establish consistent, objective program performance standards of accountability.
- Utilize the organization’s Accelerated Implementation Management (AIM) methodology to ensure effective change management discipline (stakeholder analysis, change impact and readiness analysis, training materials, etc.) for complex company-wide initiatives.
- Drive accountability for value realization through post-implementation program reviews.
- Operate as a trusted gatekeeper to triage and reduce distractions, allowing the CEO to focus on the most important to the company.
What our team expects from you?
- Education: bachelor’s degree Required; MBA preferred.
- Experience: A strategic business executive with 10 years of experience driving operations and strategic initiatives, with at least three years of PBM and/or pharmacy industry experience preferred.
- Possess a strong strategy orientation and intellectual curiosity.
- Ability to function at both the macro and micro level, think strategically, as well as handle detailed work.
- Demonstrated cross-functional communication and relationship building skills at all levels of an organization, including the Board of Directors
- A broad, creative thinker and influential collaborator who has taken big risks and learned from both failure and success.
- Must see the issues confronting the company and the external market landscape.
- Participate in, adhere to, and support compliance program objectives.
- The ability to consistently interact cooperatively and respectfully with other employees.
What can you expect from Navitus?
- Paid Volunteer Hours
- Educational Assistance Plan and Professional Membership assistance
- Referral Bonus Program – up to $750!
- Top of the industry benefits for Health, Dental, and Vision insurance, Flexible Spending Account, Paid Time Off, eight paid holidays, 401K, Short-term and Long-term disability, College Savings Plan, Paid Parental Leave, Adoption Assistance Program, and Employee Assistance Program