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 client's 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 law's impact to Express Scripts and the actions required for compliance in the regulatory database.


* Translating regulatory instructions into business requirements to support the law's 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


* Bachelor's degree in relevant discipline or relevant experience.


* Juris Doctor (JD) degree preferred, but not required


* Self-starter with strong problem-solving, critical thinking and mult...