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Financial Analyst I
Ref No.: 18-02943
Location: Bridgewater, New Jersey
Position Type:Contract
Start Date / End Date: 06/18/2018 to 06/18/2019
Job Title: Financial Analyst I
Job Location: Bridgewater, NJ
Job Duration: 12 Months


The Contract Specialist is responsible for contract management for various markets including Commercial Contracts, Medicare Part D, Medical Claims and Coverage Gap. Responsibilities include timely and accurate loading of contracts and amendments, eligibility, and adjudicating payments in accordance with contracted terms and conditions. The Contract Specialist will manage contracts for client's business units including, but not limited to, DCV, Gen Meds and Genzyme. Develop monthly/quarterly reporting and communicate results to sales account teams to support performance measurements. This position will analyze and pay rebates based on contract language and formulary placement as well as being responsible for Revitas CARS (Contract Administration Reporting System) and Model N Flex (currently being implemented/system upgrade) contract system maintenance of contract amendments. The candidate will have a fundamental understanding of contract strategies, markets, and client companies' products. The Specialist will work in close cooperation with the Contract Operations Manager and counterparts in Contract Development, Strategy, and IT.

JOB DUTIES AND RESPONSIBILITIES:
Manage all aspects of contracts including analyzing terms and conditions to appropriately set up contracts, update for contract amendments and adjudicate claims accurately.
Analyze rebate payments utilizing reporting tools and third party data sources to compare quarterly (or monthly) sales, rebates, and market share trends.
Data validation to ensure contract compliance on utilization based agreements
Verify that all product and eligible members comply with contract requirements – interact with customers and account managers to resolve any data discrepancies
Analyze product formulary placement to ensure appropriate contract tier placement and rebate payment
Analyze contract exceptions for interpretation in the system(s) for accuracy of calculations/process compliance
Analyze and process monthly/quarterly rebate payments

One to three years work experience preferably in the pharmaceutical industry
Excel skills required
CARS / Model N experience preferred
Excellent analytical and problem solving skills
Professional manner and tact
Strong oral and written communication skills.
Organized, accurate and detail oriented, disciplined and dedicated to superior quality work
Strong sense of commitment and teamwork
Ability to work independently
Ability to multi-task and meet established deadlines
Proficient in Microsoft Office Tools.