The Analyst, Medicaid will be responsible for the end to end process of the Medicaid business for Novartis. They will be responsible for prompt, accurate & compliant contract set up and rebate adjudication of the Medicaid for Novartis.
Your responsibilities include, but are not limited to:
• Process high volume of rebates payments in a 37-day frame. Obtain savings by disputing invoice errors. Validate & approve contract updates for federal, state & supplemental rebate programs.
• Review state and consortium contracts for supplemental and enter details in Model N system. Provide post-deal analytics accordingly in conjunction with account managers and Market Access teams.
• Provide insight with in-depth analytics and reporting to internal and external parties. Provide evidence of compliance for internal and external audit. Generate payment documentation for internal processing and state reconciliation
• Perform Trend analysis of units, sales & price points. Provide ad hoc reporting to internal and external parties
• Ensure proper documentation maintained on all Medicaid transactions & contracts. Conduct proper review of Formulary positioning for Supplemental Contracts
This position will be located at the East Hanover, NJ site and will not have the ability to be located remotely. Please note that this role would not provide relocation and only local candidates will be considered.
The pay range for this position at commencement of employment is expected to be between $66,000.00 and $99,000.00 per year; however, while salary ranges are effective from 1/1/23 through 12/31/23, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.What you’ll bring to the role:
• Bachelor’s degree or Equivalent 4-year degree; degree subject area in Finance, Accounting, or Business Administration preferred. Consideration will be given to individuals who will be earning their Bachelor’s degree by June 2023 with previous Novartis experience.
• Pharmaceutical/biotech industry and/or rebate experience preferred
• Previous experience with data analytics preferred
• Intermediate skills in all Microsoft Office Suite products are required
• Systems knowledge in Revitas/Model N preferred
• Analytical thinking, communication/teamwork, planning and organizing
• Excellent verbal and written communications skills to successfully interact within all levels of the corporation, with federal and state representatives, service vendors & technical resources
• Demonstrated persistent follow through and change agility
• Analytical and decision-making skills
• Results-oriented, with the ability to deliver under tight deadlines
Why Novartis?
236 million lives were touched by Novartis medicines in 2022, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives.
We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.
We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what’s possible, when we collaborate with courage to aggressively and ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!
Imagine what you could achieve here at Novartis!
Commitment to Diversity & Inclusion: Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.
Accessibility and Reasonable Accommodations: The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please send an e-mail to [email protected] call +1 (877) 395-2339 and let us know that nature of your request and your contact information. Please include the job requisition number in your message.
Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network
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