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Managed Care Rebate Specialist

2 months ago


Parsippany, New Jersey, United States Aston Carter Full time

Job Title: Managed Care Rebate Specialist

Company Overview: Aston Carter is a leading provider of corporate talent solutions, specializing in various fields including accounting, finance, and human resources. We pride ourselves on our commitment to diversity, equity, and inclusion, fostering a culture that values every individual.

Why Join Us:

  • Gain invaluable experience with a reputable organization that is experiencing rapid growth.
  • Collaborate directly with key leadership, including the director of contracts.
  • Be part of a company that has demonstrated strong financial performance and is positioned for future growth.
  • Enjoy a fantastic work culture characterized by flexibility and low turnover.

Position Overview:

The Managed Care Rebate Specialist plays a crucial role in processing rebate claims for Managed Care Commercial, Medicare Part D, Managed Medicaid, and Medical Agreements. This position requires a keen analysis of utilization data, ensuring compliance with rebate contract terms and internal procedures.

Key Responsibilities:

  • Thoroughly understand PBM networks, drug formularies, and various Managed Care rebate types, including Base Rebates and Administrative Fees.
  • Interpret contract language and maintain plans, products, and reimbursement thresholds in the Model N/Flex System.
  • Analyze utilization data for accuracy and completeness.
  • Apply necessary validations to utilization data, excluding ineligible claims.
  • Process rebates through Model N/Flex Revenue Manager Submissions, resolving errors and managing claim rejections.
  • Ensure calculated reimbursements receive the necessary approvals and are prepared for payment.
  • Track invoice amounts and analyze variances between periods.
  • Assist with system testing as required.
  • Communicate payment calculation details and claim rejections to management and customers.

Qualifications:

  • Bachelor's degree in accounting, finance, or a related field.
  • Experience with Model N/Flex/Revitas and Revenue Manager modules.
  • Proficient in validating utilization data from PBMs and Managed Care contracts.
  • Intermediate Excel skills, including Pivot Tables and VLOOKUPs.
  • Strong analytical and communication skills.

Work Environment:

This position offers a remote work opportunity, with standard business hours from Monday to Friday. Flexibility in hours may be required based on business needs.

Diversity, Equity & Inclusion:

Aston Carter is an equal opportunity employer, committed to creating a diverse and inclusive workplace. We welcome applications from all qualified individuals, regardless of race, gender, age, or any other characteristic protected by law.