Regulatory Affairs Manager

Position Overview

This role is part of the Legal Team and responsible for monitoring federal and state regulatory changes, assessing their potential impact on the organization, and leading the development of strategies to ensure compliance while supporting operational efficiency. This role will identify applicable laws and regulations, communicate such requirements to the business and collaborate with internal stakeholders, and external clients the scope and application of such laws and regulations.

Position Responsibilities

• Identify, monitor and analyze new and amended federal and state laws and regulations impacting the business, ensuring timely awareness and assessment of new and/or amended requirements.
• Work with internal subject matter experts to identify impact of such federal/state laws and regulations.
• Develop and implement processes to assess regulatory changes, including identifying affected departments and systems while defining and clearly communicating required actions.
• Interpret regulatory requirements and translate them into actionable policies, procedures, and workflows.
• Serve as the primary liaison between internal stakeholders, facilitating communication and ensuring organizational alignment and adherence with applicable regulations.
• Maintain a centralized repository of regulatory updates and track their implementation progress across the organization.
• Consult with internal business partners regarding legislation, collect information and data to help determine Capital Rx’s position.
• Collaborate with internal business partners and provide support for inquiries, such as RFPs, RFIs, client inquiries, etc.
• Assist Legal Team in ad hoc projects as directed.
• Responsible for the adherence to the Capital Rx Code of Conduct including reporting of noncompliance.

Required Qualifications

• Demonstrated research, writing, and editing skills, with the ability to write clearly, concisely, and effectively
• Attention to detail & commitment to delivering high quality work product
• Excellent written and verbal communication skills with the ability to express complex concepts in simple terms
• Strong interpersonal skills for working with business partners and cross-functional teams
• Ability to work independently, with a willingness to pitch in on ad hoc projects as part of a team
• Strong analytical and critical thinking skills
• Ability to balance multiple complex projects simultaneously
• Experience in PBM and/or Health Plan
• Experience in regulatory affairs or legislative analysis

Base Salary: $100,000 – $120,000

Nothing in this position description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

About Capital Rx

Capital Rx is a full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA), advancing our nation’s electronic healthcare infrastructure to improve drug price visibility and patient outcomes. As a Certified B Corp™, Capital Rx is executing its mission through the deployment of JUDI®, the company’s cloud-native enterprise health platform, and a Single-Ledger Model™, which increases visibility and reduces variability in drug prices. JUDI connects every aspect of the pharmacy ecosystem in one efficient, scalable platform, servicing millions of members for Medicare, Medicaid, and commercial plans. Together with its clients, Capital Rx is reimagining the administration of pharmacy benefits and rebuilding trust in healthcare.

Capital Rx values a diverse workplace and celebrates the diversity that each employee brings to the table. We are proud to provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, medical condition, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.