Teva Managed Care Rebate Analyst 

United States, New Jersey 

997094115

The Managed Care Rebate Analyst is responsible for the processing of Managed Care Commercial, Medicare Part D, Managed Medicaid, and Medical Agreement rebate claims in accordance with the terms and conditions of the rebate contract and internal processing procedures. This position is responsible for analyzing utilization data, applying rules to determine included and excluded claims, assigning appropriate rebate percentages to utilization sales, and initiating payment to customers within contractual guidelines.

• The Managed Care Rebate Analyst must interpret contract language and input and maintain plans, products, and rebate programs in the Model N/Flex System; this position must have a thorough understanding of PBM networks and contractual verbiage as stated in assigned account agreements
• Aids in the delivery of key information in support of rebate forecasting, contract performance assessment, and financial and government reporting using the Model N/Flex system
• Provides first level approval, as required by SOX, of all outbound rebate claim documents for accuracy (dollars and coding) and completeness
• Analyzes and resolves disputes with accounts involving contract interpretation or processing issues; engages Managed Market team or other internal teams as needed
• Tracks and communicates rebate trending, invoice to payment variances, and prior period analysis
• Recommends improvements to and provides assistance in the modification of systems and processes including User Acceptance and Regression Testing
• Helps in the exercise of rebate forecasting by providing timely information regarding account current account dynamics

Education/Certification/Experience:

• Bachelor’s degree required.
• Minimum of 1 year but preferred 2 years of pharmaceutical operational experience, preferably with reimbursements (Purchased based or managed care rebates, Medicaid rebates, Chargebacks).
• Strong proficiency in Microsoft Excel (advanced functions such as pivot tables, v-lookups, etc.).

We offer a competitive benefits package, including:

• Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
• Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
• Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
• Life and Disability Protection: Company paid Life and Disability insurance.
• Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.

The total compensation may also include restricted stock units and discretionary awards, depending on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.