Novo Nordisk

Specialist – Rebate, Alternative Models & Business Assurance

Novo Nordisk

full-time

Posted on:

Location Type: Office

Location: PlainsboroNew JerseyUnited States

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Salary

💰 $83,400 - $150,200 per year

Tech Stack

About the role

  • Supports rebate processing and business assurance activities under Rebate Operations & Insights
  • Ensures timely and accurate payment of rebate payments for Strategic and Non-Strategic customers for Commercial, Part D and Alternative Business Models
  • Reviews and analyzes the results of rebate calculations and identifies and reports status and exceptions
  • Provides analytical and consulting services in support of delivering and executing projects related to Business Assurance
  • Assists customers and management with questions or problems arising with contracts and payments and troubleshoots accordingly
  • Assists with both internal and external audits
  • Creates special reports and provides analysis support to management based on trends and needs
  • Ensures accurate reporting to finance and treasury (i.e., monthly treasury reporting, monthly and periodic reconciliations to other reporting systems)
  • Identifies and analyzes performance trends and provides recommendations and insights to management
  • Identifies missing claims data and works with customers in gathering and obtaining this data
  • Inputs, reviews, validates, processes and analyzes rebate payments and adjustments ranging from $100K - $200M or more
  • Prepares and provides contract reports (i.e., sales, rebate pricing, reconciliation) to field sales and home office management
  • Responsible for proper distribution of funds and reporting to field sales and rebate customers
  • Reviews and analyzes contract terms and conditions of contracts
  • Ensures data in validation and rebate systems reflect the contract terms for accurate processing
  • Reviews and recommends contract language to management
  • Formats incoming claims data from contract customers; manipulates data to ensure proper format
  • Provides support for data loading efforts to ensure that all data received is loaded accurately and in a timely manner prior to data validation
  • Coordinates with external source for loading and scrubbing of rebate claims data
  • Works with external vendor and customer to resolve data issues
  • Provides support for ensuring all data is received and accurately tracked to ensure on-time payment
  • Provides support for ensuring all documentation for payments and contracts are filed and updated accurately
  • Provides support for generating and distributing all supporting reports provided to the field and customers for reconciliation
  • Assists with implementing enhancements for data validation and rebate systems

Requirements

  • A Bachelor's degree or equivalent experience required
  • Advanced PC skills required
  • Contracting and Pricing Knowledge and Expertise Required - Understands contracting concepts and processes and the impact of pricing activities on contracting.
  • Applies knowledge of changes in laws and competitive landscape to make sound business decisions
  • Data manipulation skills through a third-party vendor for data scrubbing
  • Experience in using financial and/or statistical tools to analyze contract data required
  • Microsoft Access, and Advanced skills in Excel required
  • SQL experience preferred
  • Requires a minimum of 4 years relevant experience
  • Strong analytical, quantitative, and qualitative analysis skills required
  • Strong skills with Model N
  • Self-motivator who seeks to improve accuracy and efficiency of analytical work and business processes.
  • Strong attention to detail required
  • Planner and forecaster savvy with recognizing trends, establishing forward progress and focusing on the big picture as well as the small details
Benefits
  • medical, dental and vision coverage
  • life insurance
  • disability insurance
  • 401(k) savings plan
  • flexible spending accounts
  • employee assistance program
  • tuition reimbursement program
  • voluntary benefits such as group legal, critical illness, identity theft protection, pet insurance and auto/home insurance
  • time off pursuant to its sick time policy
  • flexible vacation policy
  • parental leave policy
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
data manipulationcontracting knowledgepricing expertiseanalytical skillsquantitative analysisqualitative analysisfinancial analysisSQLModel Nadvanced Excel
Soft Skills
attention to detailself-motivatorplanningforecastingtrend recognitionproblem-solvingcommunicationconsultinganalytical thinkingorganizational skills