Managed Care Rebate Analyst II

Who are we?

Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas. We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!

Job Description

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.

The Managed Care Rebate Analyst reports into the Senior Manager, Managed Care Rebates.

Qualifications

• Bachelor’s degree or equivalent combination of education, training and/or direct work related experience.
• At least 2 years Pharmaceutical operational experience, preferably with reimbursements (Purchase Based or Managed Care Rebates, Medicaid Rebates, Chargebacks).
• Excel required; Model N Flex or comparable software and/or SAP a plus

Teva Pharmaceuticals USA, Inc. requires all U.S. new hires to be fully vaccinated for COVID-19 (unless an accommodation is legally required) prior to the first day of Teva employment. As required by applicable law, however, Teva will consider requests for reasonable accommodations.

Function

Sub Function

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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.