236 million. The number of lives that were touched by Novartis medicines in 2022!
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.