Lead Analyst, Rebates and Compliance

Abbott • Austin, TX

4d • Onsite

About The Position

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries. For years, Abbott's medical device businesses have offered technologies that are faster, more effective, and less invasive. Whether it's glucose monitoring systems, innovative therapies for treating heart disease, or products that help people with chronic pain or movement disorders, our medical device technologies are designed to help people live their lives better and healthier. Every day, our technologies help more than 10,000 people have healthier hearts, improve quality of life for thousands of people living with chronic pain and movement disorders, and liberate more than 500,000 people with diabetes from routine fingersticks. Our team in Austin, TX (or Alpharetta, GA) is looking for a Lead Analyst, Rebates and Compliance. This is a fully onsite role. The Lead Analyst, Rebates and Compliance applies highly developed specialist knowledge and skills that enables the contracting team to offer strategic and competitive solutions to our customers so Abbott can lead the industry in new technology. This position will serve as an operational and analytical expert supporting key contracting decisions, operationalize new complex strategies, and provide reporting for the new complex NTAP discount allocation process. The Lead Analyst will have to follow regulatory Job Evaluation Request Form Rev 11-25 requirements and internal policies to ensure accurate management of these complex programs that allow the contracting department to support profitable growth and customer satisfaction.

Requirements

• Bachelors Degree
• Minimum 7 years - In business, finance, accounting, legal, rebates, compliance or strategic pricing and contracting is required
• Strong preference for minimum of 1 year of experience in compliance or rebate processing.
• Knowledge of healthcare compliance regulations including AdvaMed Code, USP&P, Anti-Kickback Statute, Discount Safe Harbor guidance and New Technology Add-On Payments(NTAP)
• Excellent communications skills with attention to detail, ability to work under pressure, ability to work with general supervision, must be autonomous.
• Leadership, problem solving, and negotiation skills.
• Strong analytical, strategic and problem solving skills required.
• Knowledge of contract terms and conditions.
• High level data analytic skills to build customized analytics based on need.
• Working knowledge of CLM/BO systems.
• Strong quantitative & qualitative analysis skills, including experience working with large data sets.
• Ability to work seamlessly with remote sites & business partners including building relationship with Sales personnel and build rapport with diverse personalities.
• Ability to manage multiple projects simultaneously.
• Must have well-honed sense of urgency and ability to work under pressure.
• Customer-service oriented mind frame and skill sets.
• Proficient in the use of Microsoft Office: Word, PowerPoint and advanced skills in Excel.

Nice To Haves

• Strong preference for minimum of 1 year of experience in compliance or rebate processing.

Responsibilities

• Manage discount allocation reporting for bundled sales arrangements involving NTAP/TPT eligible products.
• Analyze pricing structures, bundled arrangements, and discount methodologies to ensure reporting accuracy and support reimbursement requirements.
• Develop, maintain, and document allocation models, reporting tools, methodologies, and audit trail's.
• Own the administration of the most complex customer rebate, administrative fee, and commitment-based contract programs from contract execution through expiration, financial risk management, contract performance oversight, advanced financial modeling, and strategic business consultation.
• Manage and monitor compliance requirements associated with commitment based agreements and commercial programs.
• Analyze New Business Strategies that impact Discount Allocation Reporting & Offer Solutions.
• Mentor and Guide Sr Rebate Analysts & Compliance Analysts.

Benefits

• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior