Contract Operations Analyst

Regeneron Pharmaceuticals • Sleepy Hollow, WY

1d • Onsite

About The Position

Regeneron's US Contract & Pricing Operations team is seeking a highly organized and analytical Contract Operations Analyst to support our ever-evolving Group Purchasing Organization (GPO) contracting space. This role is critical in managing the daily operations and contract performance of accounts and ensuring compliance with our pricing agreements in both the Oncology and Ophthalmology franchises. The Contract Operations Analyst will successfully partner with functional market access, strategy, sales, finance, legal, and government pricing teams. A typical day may include: Creating and testing program components in the Model N contracting and rebate platforms based on set program strategies. Updating customer membership details in Model N. Timely and accurate processing of all GPO and similar rebate claims. Staying up to date with pricing programs for the different brands. Reviewing all new customers entering Regeneron’s ecosystem of databases and effectively communicate with internal and external customers and vendors (Specialty Distributors, 3PL, GPOs, HCPs) to ensure that accurate pricing and discounts are being extended, providing resolution of customer issues in a timely manner. Monitoring contract requirements to ensure customer and Regeneron remain in compliance with contract terms and conditions as well as any government regulations. Maintaining contract parameters in partnership with our 3PL, including customer membership/affiliations, product, prices, performance tiers, date ranges, and incentive percentages. Communicating changes in any pricing program activities to customers and vendors. Resolving all chargebacks issues in an accurate and timely manner. Proactively review, analyze, and establish claim processing standard operating procedures as needed to ensure claims are processed according to company policies and contractual obligations. Developing reports and analysis to support metric tracking statistics to departmental management as requested in order to advise as to the status, volume, and potential accrual needs of future rebates, fees, and other payments. Responding to internal and independent audit requests related to our rebate and system processes. Producing departmental materials to document work activity and processes. Developing and maintain appropriate policies and procedures related to pricing strategies. This role may be for you if: Demonstrates attention to detail, strong time management, and takes a hands-on approach to contract-related activities. Can work in a fast-paced environment with several concurrent priorities. Has a strong knowledge of Excel.

Requirements

• Demonstrates attention to detail, strong time management, and takes a hands-on approach to contract-related activities.
• Can work in a fast-paced environment with several concurrent priorities.
• Has a strong knowledge of Excel.
• To be considered for this role you must have a bachelor's degree.

Nice To Haves

• We would prefer you to have 2 years of experience in the pharmaceutical industry.

Responsibilities

• Creating and testing program components in the Model N contracting and rebate platforms based on set program strategies.
• Updating customer membership details in Model N.
• Timely and accurate processing of all GPO and similar rebate claims.
• Staying up to date with pricing programs for the different brands.
• Reviewing all new customers entering Regeneron’s ecosystem of databases and effectively communicate with internal and external customers and vendors (Specialty Distributors, 3PL, GPOs, HCPs) to ensure that accurate pricing and discounts are being extended, providing resolution of customer issues in a timely manner.
• Monitoring contract requirements to ensure customer and Regeneron remain in compliance with contract terms and conditions as well as any government regulations.
• Maintaining contract parameters in partnership with our 3PL, including customer membership/affiliations, product, prices, performance tiers, date ranges, and incentive percentages.
• Communicating changes in any pricing program activities to customers and vendors.
• Resolving all chargebacks issues in an accurate and timely manner.
• Proactively review, analyze, and establish claim processing standard operating procedures as needed to ensure claims are processed according to company policies and contractual obligations.
• Developing reports and analysis to support metric tracking statistics to departmental management as requested in order to advise as to the status, volume, and potential accrual needs of future rebates, fees, and other payments.
• Responding to internal and independent audit requests related to our rebate and system processes.
• Producing departmental materials to document work activity and processes.
• Developing and maintain appropriate policies and procedures related to pricing strategies.

Benefits

• We have an inclusive culture that provides comprehensive benefits, which vary by location. In the U.S., benefits may include health and wellness programs (including medical, dental, vision, life, and disability insurance), fitness centers, 401(k) company match, family support benefits, equity awards, annual bonuses, paid time off, and paid leaves (e.g., military and parental leave) for eligible employees at all levels!
• For additional information about Regeneron benefits in the US, please visit https://careers.regeneron.com/en/working-at-regeneron/total-rewards/.
• For other countries’ specific benefits, please speak to your recruiter.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees