Requisition ID 18863BR
Title Sr. Associate, Rebate Management / Analyst, Rebate Management
Job Category Finance
Job Description PURPOSE:
Ensures timely and accurate payment of routine and complex Commercial, Part D, Specialty and Trade rebate claims and contracts. Reviews and analyzes the results of rebate calculations and identifies and reports status and exceptions.
RELATIONSHIPS:
Reports to the Associate Director, Rebate Management. Interacts with Strategic Pricing, Finance, Contract Management and Compliance, Government Pricing, IT teams and field and home office management. External relationships include trade, managed care customers, field sales personnel and systems vendors.
ESSENTIAL FUNCTIONS:
• Assists customers and management with questions or problems arising with contracts and troubleshoots issues regarding contract performance
• Identifies and analyzes performance trends and provide recommendations to management
• Identifies missing claims data and works with customers in gathering and obtaining this data
• Inputs, reviews and validates, processes and analyzes routine and complex claims for rebate claim payments and adjustments ranging from $100 - $5M or more; ensures claims are paid within the required time frames and conditions, as stated in the contractual agreements and that they comply with our Sarbox and internal controls
• Prepares and provides standard contract reports (i.e., sales, rebate pricing, reconciliation) to field sales and home office management
• Reviews and analyzes contract terms and conditions of routine and complex contracts. Ensures data in validation and rebate systems reflect the contract terms for accurate processing
• Assists customers with basic questions or problems arising with contracts
• Assists with implementing enhancements for data validation and rebate systems
• Creates and maintains Managed Care, Part D, Specialty and Trade rebate agreements in the rebate system
• Ensures that all activities meet internal and/or external service level agreements
• Maintains membership and formulary linkages in rebate system
PHYSICAL REQUIREMENTS:
Approximately 5% overnight travel
DEVELOPMENT OF PEOPLE:
Not Applicable
KEY SUCCESS FACTORS: EDUCATION, EXPERIENCE, KNOWLEDGE AND SKILLS
• A Bachelor’s degree preferred; relevant experience may be substituted for degree, when appropriate
• Level will be commensurate with experience
• A minimum of 3 years’ relevant experience required (at the Sr. Associate level)
• A minimum of 4 years’ relevant experience required (at the Analyst level)
• Prior Contracting and Pricing knowledge and expertise required; understands contracting concepts and processes and the impact of pricing activities on contracting; applies knowledge of changes in laws and competitive landscape to make sound business decisions
• Experience in using financial and/or statistical tools to analyze contract data required
• Intermediate data validation and rebate systems (i.e. CARS, Model N, MCRview) skills or related systems required
• Must have the ability to interact with various departments and levels internally as well as interact externally with customers, vendors and agencies
• Advanced PC skills required
• Intermediate to advanced skills in Excel required
• Strong analytical, quantitative, and qualitative analysis skills required
• Intermediate proficiency in Showcase Analyzer desired
Department FIN - REBATE MANAGEMENT
Position Location US - Princeton, NJ
City Princeton
State/Provinces US - NJ
Degree Required Bachelor's Degree or equivalent experience
Percent Travel 0 - 10%
Title Sr. Associate, Rebate Management / Analyst, Rebate Management
Job Category Finance
Job Description PURPOSE:
Ensures timely and accurate payment of routine and complex Commercial, Part D, Specialty and Trade rebate claims and contracts. Reviews and analyzes the results of rebate calculations and identifies and reports status and exceptions.
RELATIONSHIPS:
Reports to the Associate Director, Rebate Management. Interacts with Strategic Pricing, Finance, Contract Management and Compliance, Government Pricing, IT teams and field and home office management. External relationships include trade, managed care customers, field sales personnel and systems vendors.
ESSENTIAL FUNCTIONS:
• Assists customers and management with questions or problems arising with contracts and troubleshoots issues regarding contract performance
• Identifies and analyzes performance trends and provide recommendations to management
• Identifies missing claims data and works with customers in gathering and obtaining this data
• Inputs, reviews and validates, processes and analyzes routine and complex claims for rebate claim payments and adjustments ranging from $100 - $5M or more; ensures claims are paid within the required time frames and conditions, as stated in the contractual agreements and that they comply with our Sarbox and internal controls
• Prepares and provides standard contract reports (i.e., sales, rebate pricing, reconciliation) to field sales and home office management
• Reviews and analyzes contract terms and conditions of routine and complex contracts. Ensures data in validation and rebate systems reflect the contract terms for accurate processing
• Assists customers with basic questions or problems arising with contracts
• Assists with implementing enhancements for data validation and rebate systems
• Creates and maintains Managed Care, Part D, Specialty and Trade rebate agreements in the rebate system
• Ensures that all activities meet internal and/or external service level agreements
• Maintains membership and formulary linkages in rebate system
PHYSICAL REQUIREMENTS:
Approximately 5% overnight travel
DEVELOPMENT OF PEOPLE:
Not Applicable
KEY SUCCESS FACTORS: EDUCATION, EXPERIENCE, KNOWLEDGE AND SKILLS
• A Bachelor’s degree preferred; relevant experience may be substituted for degree, when appropriate
• Level will be commensurate with experience
• A minimum of 3 years’ relevant experience required (at the Sr. Associate level)
• A minimum of 4 years’ relevant experience required (at the Analyst level)
• Prior Contracting and Pricing knowledge and expertise required; understands contracting concepts and processes and the impact of pricing activities on contracting; applies knowledge of changes in laws and competitive landscape to make sound business decisions
• Experience in using financial and/or statistical tools to analyze contract data required
• Intermediate data validation and rebate systems (i.e. CARS, Model N, MCRview) skills or related systems required
• Must have the ability to interact with various departments and levels internally as well as interact externally with customers, vendors and agencies
• Advanced PC skills required
• Intermediate to advanced skills in Excel required
• Strong analytical, quantitative, and qualitative analysis skills required
• Intermediate proficiency in Showcase Analyzer desired
Department FIN - REBATE MANAGEMENT
Position Location US - Princeton, NJ
City Princeton
State/Provinces US - NJ
Degree Required Bachelor's Degree or equivalent experience
Percent Travel 0 - 10%