Senior Rebate Management Specialist
About The Position
The Senior Rebate Management Specialist processes pharmaceutical rebates according to contract terms and monthly drug utilization reports. The role verifies rebate eligibility, audits and submits manufacturer invoices, reconciles payments, resolves discrepancies, and allocates rebates to clients. It also interprets and redlines rebate agreements before implementation, supports rebate billing system improvements and testing, and collaborates with internal teams and pharmaceutical manufacturers on eligibility, formulary information, payment collection, and reconciliation. The position is remote within the U.S.
Requirements
- High school diploma or GED.
- At least 2 years of accounting, finance, transaction analysis, or related experience.
- At least 2 years of experience anticipating customer needs and proactively developing solutions to meet them.
- Intermediate proficiency with Microsoft Excel, including VLOOKUPs and Pivot Tables.
Nice To Haves
- Pharmaceutical, healthcare, or insurance experience.
- Experience working with databases to load data, run queries, and perform reporting.
- Customer service experience.
- Experience working with large sets of data.
- Revenue cycle management experience.
- Finance experience.
Responsibilities
- Process pharmaceutical rebates based on contract terms maintained in the rebate billing system and monthly drug utilization reports.
- Verify rebate eligibility by client formulary and line of business.
- Run and audit rebate billing reports and submit invoices to pharmaceutical manufacturers.
- Process incoming rebates, reconcile payments against billing invoices, resolve discrepancies, and allocate rebates to clients.
- Interpret and redline rebate agreements before implementation and coding or loading them into the rebate billing system.
- Identify system issues, enhancements, and required testing for the rebate billing system.
- Work with Industry Relations, Client Management, Clinical Services, and assigned pharmaceutical manufacturers to identify rebate eligibility and formulary information.
- Work with Rebate Accounting to identify payment collection and reconciliation issues.
Benefits
- Comprehensive benefits package, subject to eligibility requirements.
- Incentive and recognition programs.
- Equity stock purchase plan.
- 401(k) contribution.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
High school or GED
