[Remote] Senior Vice President, Pharmacy at Gravie

Minneapolis, Minnesota, United States

Gravie Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Health Insurance, Pharmacy BenefitsIndustries

Requirements

Candidates must have 15+ years of progressive leadership experience in pharmacy benefit management, health plan pharmacy operations, or a related healthcare environment. A deep understanding of PBM relationships, formulary management, specialty pharmacy, and medical-pharmacy integration is required. Proven ability to design and execute strategies that deliver clinical and financial outcomes, strong executive presence, and exceptional leadership skills with a track record of building and scaling high-performing teams are essential. An advanced degree in Pharmacy (PharmD or equivalent) is required, and an active pharmacist license is strongly preferred. Previous experience at a high-growth company is considered a plus.

Responsibilities

The Senior Vice President of Pharmacy will be responsible for shaping and executing the company’s pharmacy strategy across all lines of business, overseeing pharmacy operations, formulary management, clinical pharmacy programs, vendor and PBM partnerships, cost management, compliance, and innovation. This role involves developing and executing a comprehensive pharmacy strategy aligned with company objectives and market dynamics, partnering with executive leadership on long-term strategies for affordability and risk management, and serving as a thought leader on emerging pharmacy trends. The SVP will oversee all aspects of pharmacy operations, lead relationships with PBMs and other strategic vendors, drive strategies to manage drug trends and medical/pharmacy integration, partner with Actuarial, Finance, and Product teams, and oversee the development of innovative contracting models. Additionally, the role includes maintaining oversight of pharmacy reporting, audits, and risk management processes, as well as building and leading a high-performing pharmacy team and fostering a culture of innovation, collaboration, and accountability.

Skills

Pharmacy Strategy
Formulary Management
Clinical Pharmacy Programs
Vendor Management
PBM Partnerships
Cost Management
Compliance
Healthcare Innovation
Health Plan Goals
Member Health Outcomes
Affordability
Sustainable Growth
Risk Management
Biosimilars
Gene Therapies
Specialty Drug Management
Value-Based Contracting
Utilization Management
Executive Leadership

Gravie

Health benefits and insurance solutions provider

About Gravie

Gravie provides health benefits by offering straightforward and affordable health plans, primarily targeting individuals and small to midsize businesses. Their main product, Comfort, stands out because it has no deductible and no copays for most common healthcare services, allowing members to access care without unexpected costs. Additionally, Comfort includes virtual care options for musculoskeletal and mental health issues. Gravie also offers a payment solution called Gravie Pay, which enables members to pay for healthcare expenses interest-free, further easing financial stress. Unlike traditional health plans, Gravie claims that Comfort members save on out-of-pocket costs, and employers switching to Gravie often see lower premium expenses. The company has a high retention rate, indicating that many employees choose to continue with the Comfort plan in subsequent years. Gravie's goal is to simplify health benefits and reduce the financial burden of healthcare for its members.

Minneapolis, MinnesotaHeadquarters
2013Year Founded
$333.3MTotal Funding
DEBTCompany Stage
Fintech, HealthcareIndustries
201-500Employees

Benefits

Health Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Holidays
Paid Vacation
Paid Sick Leave
Flexible Work Hours
Paid Parental Leave
Wellness Program
Alternative Medicine Coverage
Cell Phone Reimbursement
Transportation Perks
Education Reimbursement
Paid Paw-ternity Leave

Risks

Potential backlash from traditional insurers could increase competition or lobbying.
Rapid ICHRA adoption may invite regulatory scrutiny or changes.
Aggressive expansion strategy could strain resources and lead to inefficiencies.

Differentiation

Gravie's Comfort plan offers zero deductibles and copays, unlike traditional health plans.
Gravie Pay provides interest-free payment solutions, reducing financial burdens for members.
Focus on virtual healthcare services enhances accessibility and member satisfaction.

Upsides

Increased ICHRA adoption since 2020 expands Gravie's market opportunities.
Comfort plan's zero-deductible model attracts cost-conscious employers and employees.
Virtual healthcare services align with rising demand, boosting member engagement.

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