Pharmacy Rebates Analyst

Abarca Health

1d•Hybrid

About The Position

Abarca is igniting a revolution in healthcare. We built our company on the belief that with smarter technology we are redefining pharmacy benefits, but this is just the beginning… As our Pharmacy Rebates Analyst, you will interact with drug manufacturers, rebate vendors and will help channel questions and requests about Abarca and our clients. You will analyze rebate proposals and model the financial impact of formulary changes. Also, you will be responsible for accurately loading and verifying rebate contracts.

Requirements

Bachelor’s Degree or Master’s Degree in Accounting, Finance, Business or a related field. (In lieu of a degree, equivalent relevant work experience may be considered.)
3+ year of experience in analytics or rebates related role within the pharmacy benefit management or healthcare Industry.
Experience with prescription drugs, pharmaceutical manufacturers, drug rebates and contract negotiations.
Experience with Microsoft Excel
Experience managing analytics or rebates within a changing environment.
Experience performing critical analysis of datasets, visuals and dashboards.
Excellent oral and written communication skills.
We are proud to offer a flexible hybrid work model which will require certain on-site work days (Puerto Rico Location Only)
This position requires availability to work in a specified time zone or working schedule, accommodating the business needs of our clients and team members.
This position may require availability for on-call hours, including evenings, weekends, and holidays, to promptly address emergent issues or provide necessary support as dictated by operational demands (if applicable).

Nice To Haves

Pharmacy technician certification.
Experience working with SQL and Tableau.

Responsibilities

Interface with pharmaceutical manufacturers to facilitate the rebate negotiation and contracting process.
Support all aspects of Rebates RFP process, including all operational interactions with pharmaceutical manufacturers.
Log and track all rebate opportunities for Abarca clients.
Use SQL and Tableau to analyze utilization trends and to pull data in support of rebate modeling.
Model the financial impact of formulary coverage decisions in Excel to support client formulary decision-making.
Present rebate models to clients and client account teams
Notify manufacturers about client formulary decisions.
Maintain accurate records for internal auditing purposes.
Load rebate agreements accurately into Darwin
Validate client formularies to ensure compliance with rebate contracts.
Validate that rebate invoicing is accurate and consistent with our rebate agreements.
Support clinical and client engagement teams with questions about rebate contracts and eligibility.
Lend a hand with special projects and provide support on all company audits related to rebates billing.