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[Remote] Senior Analyst, Rebate and Audit - SMC

Work from home Full-time role Hiring

Note: The job is a remote job and is open to candidates in USA. Blue Cross Blue Shield Association is a medication contracting organization focused on improving affordability and access to costly medical benefit drugs. The Senior Analyst will perform complex financial analysis for rebate and value-based contract invoicing, assist contract negotiators, and manage financial strategies related to rebates and contracts with pharmaceutical manufacturers.

Responsibilities

  • Assist in the development and implementation of additional reporting support tools, and the proactive investigation of various manufacturer contract issues and identify opportunities for process improvement
  • In collaboration with other internal teams, implement non-financial tools, including proactive marketplace assessments, exploration of internal support requirements to implement contractual agreements, and the tracking of client elections
  • Represent Trade Relations on corporate projects, including interaction with leadership; includes but limited to, IT projects, client ad hoc reporting, and Finance/Treasury projects
  • Assist in invoicing process, financial analysis, rebate audit, client elections, and responding to inquiries; may facilitate client questions related to invoiced products/process and corresponding rates and qualification
  • Assess, implement and communicate critical information to rebate invoicing vendors for maintenance of client elections, pricing bid grid, manufacturer contract updates, and other changes that impact the rebate invoicing process
  • Analyze and resolve contract disputes working with invoicing vendors to ensure timely payment of rebates from manufacturers
  • Reconcile manufacturer payments as compared to invoiced amounts to prepare for allocation of payments to clients
  • Supports client implementation and audit requests
  • Supervise and train rebate analyst
  • Other duties as assigned

Skills

  • Bachelor's degree in business, healthcare, or other related field
  • 5-8 years of work experience in a health care analyst, including health plan, health system, pharmacy and medical experience in managed care or specialty pharmacy with 3 years minimum at a health plan or PBM experience in medical and/or pharmacy drug management
  • Strong data management and analytics skills with the ability to manage large data effectively
  • 340B experience required
  • Ability to facilitate changes, capture detailed information, and client support while maintaining Synergie's best interests
  • Ability to develop relationships and influence with internal and external stakeholders
  • Critical thinking skills and ability to anticipate issues and develop solutions
  • Must be eligible to work in the United States without need for work visa or residency sponsorship
  • Proven project management skills
  • Strong data analytical skills
  • Proficient in Microsoft products including Access, Excel, and Word
  • Knowledge of PBM and/or health care industry
  • Medical Pharmacy rebate knowledge
  • Experience in database management
  • Experience in Big Data and data analytics
  • Experience with database (i.e., SAS, Teradata, Tableau, SQL, Power BI)

Benefits

  • Annual bonus incentive pay
  • Paid time off
  • 11 holidays
  • Medical/dental/vision insurance
  • Generous 401(k) matching
  • Lifestyle spending account
  • Many other benefits

Company Overview

  • Blue Cross Blue Shield Association is a national federation of 36 independent operated Blue Cross and Blue Shield companies. It was founded in 1929, and is headquartered in Chicago, Illinois, USA, with a workforce of 1001-5000 employees. Its website is http://www.bcbs.com/.
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