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Senior Pricing Analyst

1 month ago

Parsippany, United States Rangam Full time

Shift: Monday – Friday 8:00am – 5:00pm - Hybrid


Core Essential Skill sets:

  • Minimum of 2 years experience in Government Pricing calculations
  • Prior Government Pricing experience; preferably in processing and reviewing various price types, ie, AMP, BP, ASP
  • Strong analytical skills
  • Strong excel skills and power point
  • A Plus if prior experience in Revitas classic and FLEX
  • Organized

Position Summary

  • The primary role of the GP Senior Analyst is to perform, validate and submit pricing under the Medicaid Drug Rebate Program, Medicare Modernization Act, and Sections 602 and 603 of the Veterans Healthcare Act, including Average Manufacturer’s Price (“AMP”), Best Price (“BP”), 340B ceiling price (“340B”), Non-Federal Average Manufacturer’s Price (“nFAMP”) and the Federal Ceiling Price (“FCP”).
  • The GP Senior Analyst will be responsible for researching/validating data anomalies & variances and must have deep analytical and Excel skills.
  • The GP Senior Analyst will support other GP related functions including, but not limited to Federal Supply Schedule (“FSS”) request for modification (“RFM”), public law, 340B audit/non-compliance letters; TX Medicaid COI applications; DDR submissions; product and class of trade maintenance.The GP Senior Analyst requires a strong background in Government Pricing calculations, the 340B and Medicaid.
  • They need to be able to work independently, multi-task and manage timelines.
  • This position will report to the Senior Manager, Government Pricing Administration.

Essential Duties & Responsibilities Percentage of Time

  • Run monthly, quarterly & annual GP price calculations in ModelN GP.
  • Perform in-depth analyses to identify data anomalies.
  • Responsible for researching/validating prior period variances/trends/outliers.
  • Creates summary reports for management review.
  • Submit pricing to DDR, VA & other government agencies as required 70%Assist in preparing documents/reports/analysis needed for pre-certification reviews with executive management 20% Assist with annual Public Law 102-585 process including, annual nFAMP, FCP, request for modification (“RFM”)/price proposals 10%

Core competencies

Analysis

  • Uses good analytical and data interpretation skills to analyze and resolve complex problems
  • Analyzes processes and systems to improve efficiency and effectiveness through standardization, simplification and automation.

Interpersonal Ability

  • Develops and fosters strong relationships with internal and external clients
  • Builds reputation for being credible, trustworthy, and fair
  • Displays high level of integrity by doing what is right for the company

Planning and Organization

  • Committed to meeting deadlines
  • Demonstrates sense of urgency by effectively prioritizing workload according to organizational needs
  • Demonstrates the ability to manage multiple priorities

Technical skills

  • Possesses solid accounting skills particularly around accuracy and internal controls
  • Demonstrates advanced data management and Excel skills
  • Understands fundamental mechanics of Model N/Revitas CARS/FLEX systems
  • Qualifications necessary to perform successfully in this position

Education:

  • Bachelor’s degree with emphasis in Business, Finance, Accounting or related fields or equivalent combination of education, training and/or direct work-related experience

Experience required:

  • Minimum three (3) + year’s prior experience in Government pricing pharmaceutical/consulting role working with large manufacturers with both brands and generics.
  • Hands-on working knowledge of Revitas GP, Flex and SAP.
  • Thorough understanding of Government pricing regulations and a hands-on role in the analysis and validation of multiple price types

Specialized or Technical :

  • MS Office with a proficiency in MS Excel, Outlook, SAP, Revitas GP