Company

Teva PharmaceuticalsSee more

addressAddressParsippany, NJ
salary Salary$72.2K - $91.4K a year
CategoryHealthcare

Job description

Medical Rebates Analyst - Parsippany, NJ

Date: Feb 28, 2024
Location: Parsippany, United States, New Jersey, 07054
Company: Teva Pharmaceuticals
Job Id: 54485

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

The Medical Rebate Analyst supports the Revenue Optimization and Contract Compliance Team, reporting directly to the Senior Manager of Managed Care Rebates. This role involves continuous review of Medical Rebates contracts (Commercial, MPD, and Managed Medicaid) within the Biosimilar side of the business. Responsibilities include contract interpretation, reconciliation and validation of payments, and ensuring timely and accurate payments to PBMs.

How you’ll spend your day

  • Continuously research customer Medical Policies and PA documentation in conjunction with contract language to determine impacts on rebate eligible products. Apply Medical Policy eligibility to Medical Rebate payments.
  • Take in-depth look at contract language revolving around entire scope of Medical Rebate agreements. Enter Medical Rebate contract pricing, NDCs, and billing parameters in FLEX Model N.
  • Work with the Contracting Team to enhance Medical Rebate contracts. Validate payment contract language and data field exhibits to ensure Teva’s ability to discern rebate eligibility.
  • Collaborate with the Medical Formulary Compliance counterpart on all disputes revolving around aberrant quantities, quantity limits, and tier placement.
  • Communicate with internal Account Managers on Market Share findings from Medical Accounts pertaining to how Teva’s drugs are performing in the market compared to forecasted numbers. Provide ad hoc reporting to Market Access, Contracting, and Management.
  • Perform other duties as deemed essential by the business to support revenue optimization process.

Your experience and qualifications

  • College degree in Business, Finance, Accounting, Healthcare Administration, or a related field, or equivalent work experience.
  • Minimum of 1 year of direct experience working with a PBM or drug manufacturer in the medical sphere; Pharmaceutical or Healthcare industry preferred .
  • Strong analytical, planning, problem identification, and resolution skills are required, with demonstrated self-initiative.
  • Effective communication with internal and external individuals in various functional areas and at all levels of management.
  • Knowledge of Teva’s products and services is preferred. Experience with contract review, claims process, formulary structure, co-pays, and benefit design are also desirable.
  • Understanding of and experience in validating medical claims.

Enjoy a more rewarding choice

We offer a competitive benefits package, including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, 13 paid Holidays, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

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.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.

Important notice to Employment Agencies - Please Read Carefully

Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.

Benefits

Employee stock purchase plan, Disability insurance, Health insurance, Dental insurance, 401(k), Tuition reimbursement, Paid time off, 401(k) 6% Match, Vision insurance, 401(k) matching, Life insurance, Prescription drug insurance
Refer code: 8620322. Teva Pharmaceuticals - The previous day - 2024-03-18 07:03

Teva Pharmaceuticals

Parsippany, NJ
Popular Rebate Analyst jobs in top cities
Jobs feed

Director Project Management

Luxottica

Dallas, TX

Sales Associate LensCrafters

Luxottica

Savannah, GA

Oakley - Specialized Consultant

Luxottica

Florida, United States

Sales Associate Sunglass Hut

Luxottica

Scranton, PA

Electric Line Assistant

Pge

Madera, CA

LensCrafters - Assistant Manager

Luxottica

Vancouver, WA

Sales Associate LensCrafters

Luxottica

Mobile, AL

LensCrafters - EyeCare Advisor

Luxottica

Savannah, GA

Share jobs with friends

Related jobs

Medical Rebates Analyst - Parsippany, NJ

Senior Analyst, Government Rebate Operations (GRO) Contracts

Johnson & Johnson

Raritan, NJ

7 days ago - seen

Sr. Analyst Government Rebate Operations

Johnson & Johnson

$81.1K - $103K a year

Raritan, NJ

2 weeks ago - seen

Accounts Receivable Analyst - Manufacturer Rebates - Hybrid

Cigna

Morris Plains, NJ

4 months ago - seen

Senior Analyst, Institutional Contracts, Chargebacks & Rebates

Cnam - Auditeurs - Accueil

East Hanover, NJ

5 months ago - seen