Mike Quist Email & Phone Number

Lake Forest, Il, Us

Milwaukee, Wisconsin, United States

Schaumburg, Il

OptumRx, Schaumburg, ILSenior Director, Underwriting- Payer July 2015-PresentDirector, Underwriting (Catamaran Rx) Aug 2013 – July 2015Sr. Manager, Underwriting (Catamaran Rx) Oct 2010 – Aug 2013Currently the Senior Director of Underwriting- Managed Care and Government Accounts• Responsible for managing staff of underwriters that model and price the largest PBM managed care accounts under the OptumRx umbrella. • Coordinate all aspects of the RFP and renewal process to ensure timely responses and accurate modeling. Review all contract verbiage and financial exhibits.• Present all of the financial modeling and pricing aspects to CFO and CEO as needed. Effectively trained staff to communicate to all levels of management. • Train staff to work with sales and account management teams to develop the most competitive pricing strategy while maintaining internal profit margin goals. • Developed and implemented the PBM pricing model in 2011 that is still in use today despite the acquisition or merger of 4 other underwriting departments (Catalyst, Healthtrans, Restat, OptumRx). This model is used to forecast 3 and 5 year financial revenue and margin for individual PBM accounts as well as client savings in the case of a renewal.• Implemented the internal pricing communication process that involves many departments including implementations, legal, finance, account management/sales and guarantee management. • Present financial proposals to clients and consultants as needed.

Walgreens Health Initiatives, Inc. Deerfield, IL Senior Underwriting Manager March 2010-October 2010Underwriting Manager May 2005-March 2010• Provided critical leadership in the process of establishing an Underwriting/Pricing Department by creating the appropriate profitability models and establishing procedures involving various business units.• Responsible for developing all PBM/Mail/Specialty pricing offered to PBM clients as well as providing sales with key insights in how to negotiate and strategize the offering. • Accountable for maintaining and meeting profit guidelines while balancing market influences and expectations. • Reduced the risk of implementing incorrect pricing by establishing a procedure that involved the review of approved pricing terms with the contract as well as the pricing that is loaded into WHI’s prescription adjudication system.• Implemented a procedure that involved underwriting becoming the sole communicator of pricing information to the various business units within WHI. This process was previously handled by the Sales Department.• Coordinated and chaired weekly underwriting meetings with Senior Management to review the pricing strategy and profitability of key renewals and prospects.

Northbrook, Il