Rebate Associate 9/2/2016
EMD Serono a Merk Company
JOB DESCRIPTIONEMD Serono is the biopharmaceutical division of Merck KGaA, Darmstadt, Germany, a global pharmaceutical and chemical group. We strive to create value and benefit patients by transforming medical science into breakthrough solutions in our core therapeutic areas of neurodegenerative diseases, fertility and metabolic endocrinology, oncology and autoimmune/inflammatory diseases as emerging areas of expertise.
The Rebate Associate is responsible for day-to-day administration and processing of commercial rebates in a timely and accurate manner. In addition, as business needs arise, processes Medicaid rebates and wholesaler chargebacks and provides analysis and Rebate Operations insights to ensure appropriate revenue management. This position is also tasked with responsibilities related to internal dashboard creation to inform matrix stakeholders of appropriate analytic and market access data. This position analyzes the payment package detail, alerting Finance, Brand, and Contracting and Forecasting Managers to issues that require revenue management attention. The payment package detail and analytics prepared by the Rebate Associates is circulated for review and approval up through the highest levels of EMD Serono Management.
INTERNALLY: Market Access & Customer Solutions - Contract Managers, Account Managers, Forecasting and Analytics, Marketing, Finance (TA Controllers), Government Pricing, Supply Chain, IT.
EXTERNALLY: Market Access & Customer Solutions-Contracted Accounts, includes State Medicaid organizations and Third party vendors (e.g., IMS for invoice validation services)
Work with external consultants as required and matters related to contracting strategies, contract performance, rebate classifications/analyses, etc.
Work with internal and external auditors as required
KEY TASKS & RESPONSIBILITIES
Must master the understanding and utilization of the Model N Revenue Management System, a highly sophisticated, integrated system of managing contracts, processing payment packages, and producing reports for analytics and performance.
Prepare internal rebate payment documentation packages, including original data submissions, IMS data validation and recalculation files, for approval and disbursement to applicable contracted entities. Must be attentive to detail when preparing payment packages and data/information for submission to signatory approvers and customer base. These packages include review of Market Share Benchmarks, NDC Unit Volumes, Competitive Data, Formulary Access and Administration Fees.
Assist in answering inquiries from customers and field account managers regarding Market Access effectively communicating results to stakeholders
Work with internal stakeholders to support the contract development process as needed
Monitor and report customer compliance with all contractual terms and conditions
Participate in internal and external audits, when required, in order to demonstrate compliance with policies, laws and regulations
Effectively interact with various key internal and external stakeholders (Market Access, Sales, Marketing)
4 YearDegree in Accounting, Finance or equivalent experience in accounting, reimbursement or rebates
A minimum of two to five (2-5) years or more years of managedhealthcare, accounting, or revenue management experiencepreferred
PROFESSIONAL SKILLS & EXPERIENCE
Understanding and working knowledge of the healthcare, pharmaceutical, managed care, provider industry.
Experience in Managed Care rebate payments, working with utilization data, understand and applying contractual terms a plus.
PERSONAL SKILLS must be able to push, lift, pull up to 30 pounds; travel demands, etc.)
EQUAL EMPLOYMENT OPPORTUNITY
The Company is an Equal Employment Opportunity employer.
No employee or applicant for employment will be discriminated against on the basis of race, color, religion, age, sex, sexual orientation, national origin, ancestry, disability, military or veteran status, genetic information, gender identity, or any other classification protected by applicable federal, state, or local law.
This policy of Equal Employment Opportunity applies to all policies and programs relating to recruitment and hiring, promotion, compensation, benefits, discipline, termination, and all other terms and conditions of employment