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Navitus Health SolutionsNS

Manager, Market Conduct Exams

Navitus Health Solutions is a pharmacy benefit manager (PBM) founded in 2003 with a mission to make prescription medications more affordable through a transparent, 100% pass-through model. They serve nearly 18 million members across almost 800 clients.

Navitus Health Solutions

Employee count: 1001-5000

Salary: 98k-123k USD

United States only

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Company

Navitus

About Us

Navitus - 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.. Current associates must use SSO login option at https://employees-navitus.icims.com/ to be considered for internal opportunities.

Pay Range

USD $98,384.00 - USD $122,980.00 /Yr.

STAR Bonus % (At Risk Maximum)

10.00 - Manager, Clinical Mgr, Pharm Supvr, CAE, Sr CAE I

Work Schedule Description (e.g. M-F 8am to 5pm)

M-F 8am to 5pm

Remote Work Notification

ATTENTION: Navitus is unable to offer remote work to residents of Alaska, Hawaii, Maine, Mississippi, New Hampshire, New Mexico, North Dakota, Rhode Island, South Carolina, South Dakota, West Virginia, and Wyoming.

Overview

Due to growth, we are adding a Manager, Market Conduct Exams to our team.

The Manager, Market Conduct Exams will act as the liaison for market conduct exams across the nation, using state rules and regulations, established procedures, and industry standards and best practices to complete the examinations on behalf of Navitus to state regulators. The role will take the lead in coordinating data and document responses with internal departments for audits/examinations; communication with regulators regarding requests and clarifications as needed; finalize responses with the approval of the VP, Deputy General Counsel and Regulatory and Implementation Liaison Sr. Staff Attorney.

Is this you? Find out more below!

Responsibilities

How do I make an impact on my team?

  • Create processes and procedures for Market Conduct Exams including a MCE Handbook for Navitus in compliance with applicable industry standards, state or federal regulatory requirements.
  • Act as the primary contact person for internal departments, state regulators and examiners, which includes sending the appropriate acknowledgement of the MCE, notifying the appropriate internal departments of the MCE requests, gathering and organize all pertinent and relevant information from internal departments in response to the MCE, and ensuring that all internal data/documents are completed/submitted to respond to the MCE requests in a timely manner.
  • Review response documents and data to ensure accuracy and draft MCE responses to state examiners and regulators for the VP, Deputy General Counsel and Regulatory and Implementation Liaison Sr. Staff Attorney’s approval.
  • Prepare and deliver the required MCE responses to the state regulator or examiner in the format/platform required to submit documents in a secure and efficient manner.
  • Review action plans or orders received on behalf of Navitus and collaborate with the Implementation Team to resolve any outstanding issues for the enterprise.
  • Participate in meetings with internal staff, outside counsel, VP, Deputy Geneal Counsel, Implementation Director, Regulatory and Implementation Liaison Sr. Staff Attorne,y and Senior Leadership (on-site or remote) as a subject matter expert on MCE to advise on updates, market trends, document/data requirements/requests/submissions.
  • Lead PBM audit examinations across various states for Navitus and coordinate with Navitus other PBM entities (Archimedes) in accordance with state requirements.
  • Interpret state rules and regulations pertaining to enforcement requirements of PBMs and related examinations thereof.
  • Ensure all deadlines presented by the examination workplan schedule and PBM management are met.
  • Supervise multiple examinations and workflow processes required for each MCE/examination.
  • Strategize and collaborate with Navitus leadership for a favorable MCE result.
  • Assist with MCE responses, legal review, research, and writing.
  • Assist leadership in various PBM practice development activities, including strategic discussions, tasks, and partnerships.
  • Present at the Regulatory Council Meetings and provide updates to the enterprise of current PBM legislation and Market Conduct Exam status.
  • Other duties as assigned.

Qualifications

What our team expects from you?

  • Bachelor’s degree, preferably in Legal, Business, or Healthcare, or equivalent work experience, required.
  • Certified Insurance Examiner (CIE) or Market Conduct Management (MCM) certification required, or ability to become certified within one year of hire.
  • 5 years of PBM experience required.
  • 5 years’ experience with MCE audits required.
  • 5 years’ experience completing examinations in accordance with NAIC Market Regulation Handbook required.
  • 5 years’ experience working with auditors, examiners, or analysts with a state insurance department, insurance company, or state/Federal agency related to the PBM industry required.
  • Experience in researching proposed and enacted legislative bills related to the PBM industry required.
  • Experience leading others regarding PBM licensing, regulatory, and MCE required.
  • Proficient in Microsoft Office (Word, Excel, PowerPoint, and Outlook) and Adobe Acrobat PDF.
  • 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?

  • Top of the industry benefits for Health, Dental, and Vision insurance
  • 20 days paid time off
  • 4 weeks paid parental leave
  • 9 paid holidays
  • 401K company match of up to 5% - No vesting requirement
  • Adoption Assistance Program
  • Flexible Spending Account
  • Educational Assistance Plan and Professional Membership assistance
  • Referral Bonus Program – up to $750!

Location : Address

Remote

Location : Country

US

About the job

Apply before

Posted on

Job type

Full Time

Experience level

Salary

Salary: 98k-123k USD

Education

Bachelor degree

Experience

5 years minimum

Experience accepted in place of education

Location requirements

Hiring timezones

United States +/- 0 hours

About Navitus Health Solutions

Learn more about Navitus Health Solutions and their company culture.

View company profile

We are Navitus Health Solutions, and for more than two decades, we've been dedicated to transforming the pharmacy benefit management (PBM) landscape. Founded in 2003, our core belief was that the traditional PBM model needed a fundamental shift to better serve the interests of plan sponsors and their members. This conviction led us to pioneer a 100% pass-through business model, a transparent approach designed to eliminate unnecessary costs and ensure that all negotiated rebates, discounts, and fees are returned directly to our clients. We're driven by a profound commitment to helping people access the medications they need at more affordable prices, ultimately enabling them to lead fuller lives.

Our journey began with a vision to disrupt the industry norms and establish a new standard for financial and operational transparency in pharmacy benefits. We're proud to have consistently upheld this unique model, which stands in contrast to other established PBMs. Our purpose is clear: to humanize the pharmacy benefit experience and to relentlessly pursue strategies that lower overall drug spend and the cost of care. We achieve this by providing full financial and operational disclosures, improving medication adherence, and offering alternative treatment options that can reduce long-term drug reliance. We proudly serve almost 18 million members through nearly 800 clients, a testament to the trust placed in our approach. Our mission is to make medications more affordable for those who need them, fostering a healthcare system where honesty and open communication build unwavering trust.

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Navitus Health Solutions

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