Associate Director, Industry Relations - Rebate Modeling

About the Role and Organization

Optum, a worldwide healthcare technology organization, is dedicated to improving health outcomes by connecting individuals with care, pharmacy benefits, data, and resources. The company values diversity, inclusion, and professional growth. Optum's team in Dublin seeks an Associate Director to lead rebate modeling efforts within the Optum Rx Industry Relations pre-deal analytics unit.

Key Responsibilities

• Forecast and evaluate pharmaceutical and medical drug rebates for client formularies ranging from $50 million to $3 billion.
• Analyze client formularies to determine rebate eligibility relative to manufacturer contracts.
• Collaborate with underwriting, sales, client account management, and other teams to facilitate client acquisition and retention of margins.
• Recommend formulary adjustments to ensure competitive rebate structures that support growth and margin goals.
• Conduct competitive analyses of PBM formularies to uncover rebate opportunities and partner with the rebate contracting team to obtain advantageous rebates.
• Develop innovative rebate strategies leveraging market and client data to maintain industry-leading rebate rates.
• Serve as a subject matter expert on rebates for underwriting teams.
• Manage complex RFPs to identify approaches that maximize rebates and market competitiveness.
• Translate complex rebate economics into clear insights for executive leadership review and approval.
• Advise clients and consultants on alternative pricing and plan design options grounded in economic data and market trends.
• Aggregate and analyze detailed data, demonstrating strong technical aptitude.
• Evaluate pricing guarantees for risk.
• Establish best practices to enhance efficiency in workflows, especially under tight timelines.
• Audit forecasting tools, troubleshoot discrepancies, and improve accuracy in models.

Required Qualifications and Skills

• Bachelor’s degree in Business, Mathematics, Finance, or equivalent experience.
• Proven expertise in financial analysis, modeling, or underwriting.
• Advanced proficiency in Microsoft Excel and database query tools.
• Strong verbal and written communication skills.
• Highly organized with the ability to manage multiple tasks and follow up effectively.

Desirable Skills and Experience

• Postgraduate qualifications such as MBA, CPA, CFA, or related credentials.
• Experience within healthcare or pharmaceutical sectors.
• Understanding of PBM and rebate structures.
• Background in PBM underwriting or healthcare contracting.
• Experience in financial consulting or auditing.

Benefits and Culture

• Opportunities for career advancement and professional training.
• Inclusive work environment fostering teamwork and support.
• Comprehensive benefits including private health insurance, wellness programs, pension matching, meal provisions, and employee donation matches.

Additional Information

Candidates must be eligible to work indefinitely in the Republic of Ireland without restrictions. This role is a full-time onsite position based in Dublin. UnitedHealth Group values diversity and ensures equal employment opportunities without discrimination on any protected basis. The workplace maintains a drug-free policy.