Our work matters. We help people get the medicine they need to feel better and live well.  We do not lose sight of that. It fuels our passion and drives every decision we make.

Job Posting Title

Rebate Analyst SrJob Description

The Senior Rebate Analyst performs complex, specialized financial analysis assignments within the Trade Relations area of Prime Therapeutics. This position is also responsible for assisting contract negotiators and working with other internal departments regarding the financial ramifications and relationships with pharmaceutical manufacturers.

Responsibilities

Assist in the development and implementation of additional reporting support tools, and the proactive investigation of a wide variety of manufacturer issues and opportunities for process improvementLead the creation of non-financial tools, including proactive marketplace assessments, exploration of internal support requirements to implement contractual agreements, and the tracking of formulary status decisionsRepresent the department on corporate projects, including interaction with Prime upper level management; includes IT Projects, DIR Reporting to CMS, HIM Reporting to CMS, Client Ad Hoc Reporting and Finance/Treasury projectsAssist in financial analysis, formulary comparisons, suggested net cost improvements, and responding to inquiries; may include client questions related to invoiced products and corresponding rates and qualificationSupervise and train rebate analyst(s)Assess, implement and communicate critical information for maintenance of rebate system; including, contract amendments and other changes that impact the rebate processAnalyze and resolve contract disputes working with manufacturers to ensure timely payment of rebates and admin feesReconcile manufacturer payments as compared to invoice to prepare for allocation of payments to clientsSupports Client implementation and Audit requestsOther duties as assigned

Minimum Qualifications

Bachelor’s degree in Finance or related area of study, or equivalent combination of education and/or relevant work experience; HS diploma or GED is required5 years of work experience in finance or contractsMust be eligible to work in the United States without need for work visa or residency sponsorship

Additional Qualifications

Proven project management skillsStrong analytical skillsProficient in Microsoft products including Access, Excel, and WordKnowledge of PBM and/or health care industry

Preferred Qualifications

Experience in database managementExperience in Big Data and data analyticsExperience with database and ETL platforms (i.e., SAS, Teradata, Alteryx, SAP Business Objects)

Minimum Physical Job Requirements

Constantly required to sit, use hands to handle or feel, talk and hearFrequently required to reach with hands and armsOccasionally required to stand, walk and stoop, kneel, and crouchOccasionally required to lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 poundsSpecific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus

Reporting Structure

Reports to Sr Professional or Director in the Pharmacy Trade Relations department

Potential pay for this position ranges from $81,000.00 - $138,000.00 based on experience and skills. Pay range may vary by 8% depending on applicant location.

To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail.

Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or related condition (including breastfeeding), expecting or parents-to-be, or any other basis protected by law. 

We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law.

Prime Therapeutics LLC is a Tobacco-Free Workplace employer.

Positions will be posted for a minimum of five consecutive workdays.