Pharmaceutical Pricing Expert

4 days ago


Parsippany, New Jersey, United States Tevapharm Full time
About the Opportunity

As a Pharmaceutical Pricing Expert at Teva Pharmaceuticals, you will play a crucial role in ensuring the seamless processing of Managed Care Commercial, Medicare Part D, Managed Medicaid, and Medical Agreement rebate claims. Your primary responsibility will be to analyze utilization data, apply rules to determine included and excluded claims, assign appropriate rebate percentages to utilization sales, and initiate payments to customers within contractual guidelines.

Key Responsibilities:
  • Interpret contract language and input and maintain plans, products, and rebate programs in the Model N/Flex System.
  • Aid in the delivery of key information in support of rebate forecasting, contract performance assessment, and financial and government reporting using the Model N/Flex system.
  • Provide first-level approval, as required by SOX, of all outbound rebate claim documents for accuracy (dollars and coding) and completeness.
  • Analyze and resolve disputes with accounts involving contract interpretation or processing issues; engage Managed Market team or other internal teams as needed.
  • Track and communicate rebate trending, invoice to payment variances, and prior period analysis.
  • Recommend improvements to and provide assistance in the modification of systems and processes including User Acceptance and Regression Testing.
Requirements

To succeed in this role, you will need:

  • Bachelor's degree or equivalent combination of education, training, and/or direct work-related experience.
  • Preferred 2 years Pharmaceutical operational experience, preferably with reimbursements (Purchase-Based or Managed Care Rebates, Medicaid Rebates, Chargebacks).
  • Excel required; Model N Flex or comparable software and/or SAP a plus.
Compensation and Benefits

We offer a competitive compensation package, including:

  • A salary range of $80,000 - $110,000 per annum, commensurate with experience.
  • A comprehensive benefits package, including health insurance, retirement savings plan, paid time off, life and disability protection, and additional perks such as employee assistance program, employee stock purchase plan, tuition assistance, flexible spending accounts, health savings account, lifestyle spending account, volunteer time off, paid parental leave, family building benefits, virtual physical therapy, accident, critical illness, and hospital indemnity insurances, identity theft protection, legal plan, voluntary life insurance, and long-term disability insurance.
About Teva Pharmaceuticals

Teva Pharmaceuticals is committed to equal opportunity in employment. We are dedicated to creating a diverse and inclusive workplace for all employees. If you require any accommodations during the recruitment and selection process, please inform us so we can ensure an accessible candidate experience.



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