Rebate Analyst Ii
3 weeks ago
**About the role**:
**How you will contribute**:
- Maintain a good working relationship with Account counterparts to ensure a timely flow of information, resolve data issues, discuss utilization and payment variances, and other research.
- Perform all data and process controls. Exercise good judgement within generally defined practices and procedures, present issues and discuss solutions in a group setting, facilitate process improvements and initiatives, maintain associated documentation. Analyze invoice and payment data to itemize and explain payment differences, and to facilitate compliance and contract performance reviews.
- Provide performance reports to account management teams and communicate any items of concern, such as unexplained variances or possible disputes over contract language or discount calculations.
- Provide data, analysis, and support for cross-functional activities such as forecasting and planning or contract renewal decisions.
- On a monthly basis, reconcile monthly transactional data submitted by multiple Commercial, and/or Part D entities by independent analysis of rebate data, independent determination of formulary status, and independent interpretation of contract language. Compares their analysis with the invoices submitted by the entities, investigates discrepancies, and documents the variances.
- Communicate the variances and negotiates dispute resolution with the appropriate external customers for each individualized contract.
- Ensure the accuracy, integrity, and timeliness of all monthly/quarterly rebate payments for all Commercial and Medicare Part D contracted customers.
- Process includes the interpretation and translation of contract language, ensuring PDL formulary/benefit compliance, calculation and validation of rebate payments, including in-depth data analysis and adherence to all audit requirements and any/all reporting regulations as defined within Takeda’s policies and guidelines related to rebate processing.
- Provide financial/business analytical support by identifying anomalies and trends to ensure contract compliance and rebate payment accuracy to the Planning & Analysis, Government, Finance, Contracts and Pricing and Managed Markets teams.
- Investigate and propose solutions for contract set-up for individualized complicated contract language, which may differ from usual methodology.
- Work with Senior Analyst(s) to support all Commercial and Medicare Part D internal/external audits by preparing and providing the necessary documentation to Takeda’s Compliance Office and the Contracts & Pricing Government Price Reporting team. This includes providing detailed reporting to the Centers for Medicaid and Medicare Services (CMS) auditors and/or designees in support of CMS’s audit of all Medicare Part D programs.
- Ensure that any and all variances or data integrity issues are documented, analyzed for impact, and communicated to Contract and Pricing Management.** **Perform a variety of ad hoc reporting related to individualized requests for Commercial and Medicare Part D contracts.
**What you bring to Takeda**:
- Bachelor’s degree with 2 years of business experience required, or 6+ years of business experience required, in the pharmaceutical industry strongly preferred.
- Ability to think through how decisions will impact Takeda, customer and stakeholders before execution.
- Strong critical thinking and problem-solving skills, excellent verbal and written communication abilities, exceptional organization and time-management capabilities, and the capacity to manage multiple projects and tasks in a matrix environment.
**More about us**:
At Takeda, we are transforming patient care through the development of novel specialty pharmaceuticals and best in class patient support programs. Takeda is a patient-focused company that will inspire and empower you to grow through life-changing work.
Certified as a Global Top Employer, Takeda offers stimulating careers, encourages innovation, and strives for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world.
**Takeda Compensation and Benefits Summary**
We understand compensation is an important factor as you consider the next step in your career. We are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices.
**For Location**:
Exton, PA
**U.S. Base Salary Range**:
$67,900.00 - $106,700.00
The estimated salary range reflects an anticipated range for this position. The actual base salary offered may depend on a variety of factors, including the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they
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