Sr Analyst Managed Markets

Johnson & Johnson Innovative Medicine • Raritan, NJ

1d • Onsite

About The Position

The Senior Analyst is responsible for supporting the contracting needs for Pharmacy Benefit Managers (PBM), Managed Care Organizations (MCO), and Long Term Care (LTC) GPOs and pharmacies, which are administered by the Managed Markets & Specialty Team at Johnson & Johnson. This role involves significant interaction with Operating Companies and field personnel. The position requires managing and maintaining contracts, loading contract pricing information, and analyzing and processing rebate payments. The Senior Analyst will also validate payments, provide direction to other department members, and demonstrate strong customer service and communication skills. A key aspect of the role is to assume leadership on projects aimed at improving contract management processes, partnering with cross-functional teams, and transferring knowledge across departments and to Operating Companies. The role demands strong analytical skills to discuss contracting data, a comprehensive understanding of the contracting continuum, and the ability to troubleshoot problems with limited supervision. Additionally, the Senior Analyst will run and analyze reports, perform SOX analysis, and maintain Standard Operating Procedures.

Requirements

• Minimum Bachelor’s Degree or higher required
• Minimum four (4) years of relevant work experience
• Proven ability to handle conflicting priorities and meet deliverables and deadlines
• Experience with data analytics, including analysis, interpretation, and presenting to leadership
• Proven ability to build and support strong, positive relationships with internal and external partners
• Microsoft Excel proficiency, including pivot tables and VLOOKUP

Nice To Haves

• Contract development and/or contracting system experience
• Understanding of all phases of the contract continuum and business processes
• Working experience in business analytics, finance analytics, legal analytics, or contract analytics
• Financial and audit controls knowledge
• Project management experience/skills

Responsibilities

• Manage and maintain contracts, including loading of contract pricing information.
• Analyze and process rebate payments to organizations referenced above (PBM, MCO, LTC GPOs and pharmacies).
• Validate payments and provide direction to other department members.
• Regularly communicate in all directions to keep associates, peers and management advised of payment status, deadlines and process improvements.
• Assume leadership roles on teams and projects within and across departments focused on improving the contract management process that streamline and improve current procedures.
• Support key departmental projects by utilizing business knowledge, systems, good decision-making skills and project management skills.
• Partner with cross-functional teams, including Operating Companies and field personnel, and provide a high level of customer service.
• Transfer knowledge within the department, across departments and to Operating Companies, while understanding the impact of actions on processes across multiple business partners.
• Apply strong analytical skills to discuss contracting data and information with a broad range of associates in J&J and with outside organizations.
• Understand the entire contracting continuum.
• Troubleshoot problems of various complexities with limited supervision and demonstrate high levels of analytical and organizational skills, with the ability to understand systems and processes.
• Run and analyze reports and perform SOX analysis.
• Build and maintain Standard Operating Procedures as needed.

Benefits

• Consolidated retirement plan (pension)
• Savings plan (401(k))
• Long-term incentive program
• Vacation – 120 hours per calendar year
• Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado – 48 hours per calendar year; for employees who reside in the State of Washington – 56 hours per calendar year
• Holiday pay, including Floating Holidays – 13 days per calendar year
• Work, Personal and Family Time - up to 40 hours per calendar year
• Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child
• Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year
• Caregiver Leave – 80 hours in a 52-week rolling period
• Volunteer Leave – 32 hours per calendar year
• Military Spouse Time-Off – 80 hours per calendar year

What This Job Offers

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