Rebate Payment Analyst I

MedImpact•San Diego, CA

1d•Hybrid

About The Position

The Rebate Payment Analyst is responsible for accurately calculating and reporting on client rebate payments within assigned book of business. This position maintains a high level of accuracy in analysis while meeting reporting and all other deadlines each month. The position will interact with internal stakeholders to support our customers.

Requirements

BS/BA and 2+ years’ experience or equivalent combination of education and experience
To perform this job successfully, an individual should have strong knowledge of Microsoft Office Suite software including Word, Excel, and Access. Basic SQL experience required.
Excellent communication skills (both verbal and written), analytical and financial reasoning skills.
Experience in accounting, finance, or data analysis.
Demonstrated attention to detail.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals.
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Nice To Haves

Understanding of PBMs or managed healthcare experience is a plus.

Responsibilities

Responsible for understanding and interpreting client contract payment terms for assigned segments of rebate payments and reporting; ensures rebate requirements are coded into rebate database application accurately.
Ability to analyze large data sets to identify trends, opportunities and troubleshoot issues which may arise when calculating client rebate payments.
Prepare client rebate reporting for assigned book of business, ensuring accuracy and completeness while adhering to Medimpacts Standards and client contract terms.
Maintains and adheres to the policies & procedures of all processes pertaining to rebate guarantee management, rebate allocation and rebate payments.
Reviews client rebate questions with internal stakeholders regarding client rebate deliverables and addresses any issues.
This position requires a basic level expertise of SQL, including modifying queries and the ability to understand and interpret complex data sets to accurately support the payment process.
Continuous improvement mindset, always looking for new ways to best meet internal and external requirements.
Demonstrated ability to manage multiple priorities and deadlines.
Other duties as assigned.