Supervisor-Rebates & Analytics

Independent Health Association•Buffalo, NY

1d•$70,000 - $90,000

About The Position

The Supervisor-Rebates Analytics will lead and oversee the day-to-day operations of the Rebates Analytics team, serving as the subject matter expert for rebate administration, analysis, pricing, and process optimization. This role will be responsible for supporting and maximizing the value of PBM rebate proposals, renewals, and pricing strategies through detailed utilization metrics and analytical reporting. Additional responsibilities will include providing decision-support analysis, developing and delivering reports, coordinating cross-functional activities, and supporting manufacturer contract execution and management. The Supervisor will foster a collaborative, high-performing team environment while mentoring and developing direct reports.

Requirements

Associates degree required. Bachelor’s degree preferred. An additional two (2) years of experience will be considered in lieu of degree.
Four (4) years of financial analysis experience required, to include managing or coordinating contract or reporting processes.
One (1) year of progressive leadership experience/responsibilities required.
Strong problem solving, analytical, verbal and written communication skills.
Experience with 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.
Experience shifting assignments and priorities to meet deadlines.
Proven examples of displaying the PBD values: Trusted Advisor, Innovative, Excellence, Guardianship, Dedication and Caring.

Nice To Haves

Healthcare or pharmacy experience preferred.
Experience with inPharmative or Gateway preferred.

Responsibilities

Coach and mentor staff to achieve departmental and organizational goals and objectives.
Conduct regular one-on-one meetings with direct reports to build more effective communications, understand associate needs and provide direction, insight, and feedback.
Provide timely feedback to senior management regarding team performance.
Manage, support, and optimize analysis, pricing for contracts, RFP’s and related processes.
Identify opportunities to make recommendations and execute improvements.
Lead in auditing and identifying opportunities in various contracting and payment reconciliation.
Lead the modeling of RFP’s, contracts, and amendments.
Analyze contract language and financial parameters to maximize profit and ensure business risk and 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.
Develop and update contract and pricing databases for analysis, planning and organization.
Oversee the generic pricing program (MAC) and ensure nationally competitive pricing in all channels (retail, mail at retail, mail order and specialty).
Work with internal business owners to obtain analytics needed to support network initiatives and requirements.
Develop and utilize management reporting mechanism tracking the status of all contracting projects.
Manage issue resolution with PBD/IH and pharmacies.
Work as a member of a multi-functional team, including actuarial, legal, sales, 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/or projects.
Continually monitor departmental SOPs and maintain documents and update when needed.
Process and coordinate DIR Reporting to CMS.
Assist with value-based contracting to include gathering required data and assessing the contract opportunity.
Review and maintain contract and pricing databases for analysis, planning and organization.
Create and maintain trending reports for KPIs, customer trends, NDC trends and industry trends.
Point person for ad-hoc requests.