Analyst, Managed Care Rebates

Welcome to Novartis, a global healthcare company dedicated to improving and extending people's lives. We are currently seeking a skilled Analyst to join our Managed Care Rebates team. As an Analyst, you will play a crucial role in optimizing our rebate processes and ensuring timely and accurate payments to our managed care partners. This is an exciting opportunity to be part of a dynamic and collaborative team that is committed to driving business growth and enhancing patient access to our life-saving medications. To excel in this role, you must have a strong analytical mindset, exceptional attention to detail, and a passion for making a positive impact in the healthcare industry.

1. Analyze and monitor rebate data to identify trends, patterns, and discrepancies.
2. Collaborate with cross-functional teams to develop and implement rebate strategies that align with business objectives.
3. Maintain accurate and up-to-date rebate agreements with managed care partners.
4. Ensure timely and accurate processing of rebate payments to managed care partners.
5. Monitor and reconcile rebate accruals to ensure compliance with financial guidelines and regulations.
6. Identify and implement process improvements to optimize rebate processes and increase efficiency.
7. Communicate effectively with internal and external stakeholders to resolve any rebate-related issues or inquiries.
8. Conduct research and provide insights on market trends and competitive landscape to inform rebate strategies.
9. Develop and maintain strong relationships with managed care partners to negotiate favorable rebate terms.
10. Stay updated on industry regulations and guidelines related to pharmaceutical rebates and ensure compliance.
11. Participate in cross-functional projects and initiatives to support business growth and enhance patient access to medications.
12. Proactively identify risks and opportunities related to rebate processes and provide recommendations for mitigation.
13. Collaborate with IT teams to enhance rebate data systems and ensure data accuracy and integrity.
14. Provide support and training to junior team members to ensure adherence to best practices and standards.
15. Represent the Managed Care Rebates team in meetings and presentations to senior management and external stakeholders.

According to JobzMall, the average salary range for a Analyst, Managed Care Rebates in East Hanover, NJ, USA is $75,000 - $90,000 per year. This can vary depending on the specific company, level of experience, and additional skills and qualifications of the individual. Some companies may offer higher salaries for this role, while others may offer lower salaries.

Novartis AG develops, manufactures, and markets healthcare products. It operates through the following segments: Pharmaceuticals, Alcon, Sandoz, Vaccines & Diagnostics, and Consumer Health. The Pharmaceuticals segment provides patent-protected prescription medicines. The Alcon segment offers surgical, ophthalmic pharmaceuticals, and vision care products. The Sandoz segment provides generic pharmaceuticals. The Vaccines & Diagnostics segment provides human vaccines and blood testing diagnostics.