Rebates Analyst

Independent Health•Buffalo, NY

22h•$30 - $38

About The Position

The Rebates Analyst will be responsible for administration of the rebates process to include analysis, pricing, and optimization of processes to best implement and maximize contracts and amendments. The analyst will also support development of PBM rebate proposals, renewals, pricing, utilization metrics and analysis reports. Additional responsibilities will include but are not limited to decision support analysis, reporting, coordination and contract support for manufacturer contracts.

Requirements

Bachelor’s degree required. An additional four (4) years of experience will be considered in lieu of degree.
Four (4) years of financial analysis experience required.
Strong problem solving, analytical, and verbal and written communication skills.
Ability to maintain exceptional organization and exhibit a high level of attention to detail.
Experience with PowerPoint, Word and MS Office products, especially Excel and Access.
Ability to work with, manipulate and synthesize large datasets for analysis, performance measuring, key insights and presentation.
Ability to assimilate various market trends, product changes and financial metrics to recommend pricing or pricing strategy.
Effectively handle shifting assignments and priorities to meet deadlines.
Ability to assume responsibility and work with minimal supervision.
Proven examples of displaying the PBD values: Trusted Advisor, Innovative, Excellence, Guardianship, Dedication and Caring.

Nice To Haves

Prior experience in contract management and the coordination of processes preferred.
Healthcare or pharmacy experience preferred.
Experience in reporting is preferred.

Responsibilities

Manage, support and optimize analysis, pricing for contracts, RFPs and related processes.
Identify opportunities to make recommendations and execute improvements.
Assist in auditing and identifying opportunities in contracting and payment reconciliation.
Assist in modeling of RFPs, contracts and amendments.
Analyze contract language and financial parameters to maximize profit and evaluate business risk and ensure compliance.
Analyze rebate RFPs for new businesses on multiple formularies and formulate strategies and pricing responses that demonstrate the value of our pharmacy products and position in the best competitive light.
Monitor all IHA and PBD drug formularies to ensure contract compliance.
Develop and update contract and pricing databases for analysis, planning and organization.
Work as a member of a multi-functional team, including actuarial, legal, and marketing, to best position our pharmacy products from both a competitive and margin standpoint, as well as to establish standard pricing methodologies.
Evaluate and execute continuous improvement efficiencies in processes, systems and projects.
Assist with DIR Reporting to CMS and IHA actuarial.
Assist with value-based contracting to include gathering required data and assessing the contract opportunity.