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Pharmacy Benefits Manager

Sentara Hospitals


Job Location:

Virginia Beach, VA - USA

Yearly Salary: USD 112050 - 172515
Posted: 7 August 2026 (30+ days ago)
Application Deadline: 9 December 2026
Vacancies: 1 Vacancy

Job Summary

City/State

Virginia Beach VA

Work Shift

First (Days)

Overview:

Manager Managed Care Contracting

The Manager Managed Care leads medical and pharmacy managed care contracting strategies and activities for assigned third-party payors supporting Sentara Healthcare provider divisions. This role partners with clinical pharmacy and managed care leadership tooptimizereimbursement ensure contract performance and align financial and operationalobjectives. The Manager Managed Care serves as the primary liaison for a portfolio of payor relationships overseeing contract implementation issue resolution and ongoing performance. This role supports data analysis andfacilitatescoordination of day-to-day managed care operations including patient access claims adjudication and care management.

Hybrid position at 1300 Sentara Park Virginia Beach Virginia --two days remote and three days on site at Sentara Park.

There is an opportunity for Richmond (Virginia) residents to work same schedule at Sentara Health Plan in Richmond. Required to work each Wednesday at Sentara Park Virginia Beach.

Education

  • Bachelors degree(Required)

Experience

  • 3 yearsofexperience in managed care contracting(Required)

  • 3 yearsofexperiencein healthcare(Required)

We are seeking demonstrated experience in pharmacy managed care including:

  • Understanding of pharmacy benefit management (PBM) structures and reimbursement models (e.g. AWP MAC NADAC)

  • Experience negotiating pharmacy reimbursement terms and specialty pharmacy agreements

  • Knowledge of formulary managementutilizationmanagement and drug pricing strategies

Strong financial acumen with experience in contract modeling and reimbursement analysis

Knowledge of healthcare regulations payor requirements and value-based care arrangements preferred

We provide market-competitive compensation packages inclusive of base pay incentives and benefits. The base pay range for full-time employment is $112049.60 - $172515.20 annually. Additional compensation may be available for this role such as shift differentials standby/on-call pay overtime shift premiums extra-shift incentives or bonus opportunities. Compensation within the range may vary based on qualifications experience location market conditions and business needs. Note: If an annual salary is posted it is based on a full-time colleague working 2080 hours annually.

Benefits: Caring For Your Family and Your Career

Medical Dental Vision plans

Adoption Fertility and Surrogacy Reimbursement up to $10000

Paid Time Off and Sick Leave

Paid Parental & Family Caregiver Leave

Emergency Backup Care

Long-Term Short-Term Disability and Critical Illness plans

Life Insurance

401k/403B with Employer Match

Tuition Assistance $5250/year and discounted educational opportunities through Guild Education

Student Debt Pay Down $10000

Pet Insurance
Legal Resources Plan
Colleagues have the opportunity to earn an annual discretionary bonus ifestablished system and employee eligibility criteria is met.

Sentara Health is an equal opportunity employer and prides itself on the diversity and inclusiveness of its close to an almost 30000-member workforce. Diversity inclusion and belonging is a guiding principle of the organization to ensure its workforce reflects the communities it serves.


In support of our mission to improve health every day this is a tobacco-free environment.

For positions that are available as remote work Sentara Health employs associates in the following states:

Alabama Delaware Florida Georgia Idaho Indiana Kansas Louisiana Maine Maryland Minnesota Nebraska Nevada New Hampshire North Carolina North Dakota Ohio Oklahoma Pennsylvania South Carolina South Dakota Tennessee Texas Utah Virginia Washington West Virginia Wisconsin and Wyoming.


Required Experience:

Manager


About Company

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Sentara Health, is an integrated, not-for-profit health care delivery system in Virginia and North Carolina. Sentara improves health everyday.

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