Medicaid Senior Analyst
Medicaid Senior Analyst
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$ 66800 - 124000
1 Vacancy
Job Description
Band
Level 3Job Description Summary
#LI-HybridLocation: East Hanover NJ USA
This role is based in East Hanover NJ USA. Novartis is unable to offer relocation support: please only apply if accessible.
Step into a role where your analytical expertise directly shapes healthcare access for millions. As a Senior Analyst Medicaid at Novartis youll be at the heart of our Medicaid operationsensuring accuracy compliance and strategic insight across rebate adjudication and contract management. Youll collaborate with cross-functional teams influence key decisions through data-driven insights and contribute to initiatives that drive both patient impact and business success. If youre passionate about making a difference through precision and purpose this is your opportunity to thrive.
Job Description
Key Responsibilities
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 into Model N system.
Ensure proper documentation maintained on all Medicaid transactions & contracts. Conduct proper review of Formulary positioning for Supplemental Contracts.
Generate payment documentation for internal processing compliance and state reconciliation.
Provide evidence of compliance for internal and external audit.
Provide insights into in-depth analytics and reporting to internal and external parties.
Perform Trend analysis of units sales & price points. Provide ad hoc reporting to internal and external parties.
Support Cash Flow functions and reporting monthly.
Lead project activities from an analyst level and provide support to other analysts within the project.
Essential Requirements
Bachelors degree required; preferred in Finance Accounting or Business Administration
Minimum 1 year of experience in financial analytical or pharmaceutical roles
Strong verbal and written communication skills across all organizational levels
Proficiency in Microsoft Office Suite especially Excel and PowerPoint
Demonstrated analytical thinking decision-making and problem-solving abilities
Ability to manage deadlines and adapt to change in a fast-paced environment
Familiarity with Revitas or Model N systems preferred
Desirable Requirements
Experience working with Medicaid rebate processes or government pricing programs
Familiarity with pharmaceutical contract lifecycle management systems Revitas or Model N systems preferred
Novartis Compensation Summary:
The salary for this position is expected to range between $66800.00 and $124000.00 per year.
The final salary offered is determined based on factors like but not limited to relevant skills and experience and upon joining Novartis will be reviewed periodically. Novartis may change the published salary range based on company and market factors.
Your compensation will include a performance-based cash incentive and depending on the level of the role eligibility to be considered for annual equity awards.
US-based eligible employees will receive a comprehensive benefits package that includes health life and disability benefits a 401(k)
with company contribution and match and a variety of other benefits. In addition employees are eligible for a generous time off
package including vacation personal days holidays and other leaves.
EEO Statement:
The Novartis Group of Companies are Equal Opportunity Employers. We do not discriminate in recruitment hiring training promotion or other employment practices for reasons of race color religion gender national origin age sexual orientation gender identity or expression marital or veteran status disability or any other legally protected status. We strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
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 call 1 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Range
Skills Desired
Ability To Influence Key Stakeholders Compliance And Controls Data Cleansing Normalization Data Visualization Employee Engagement Financial And Management Reporting Market Understanding Planning & Analysis Process Optimization Understanding Value DriversRequired Experience:
Senior IC
Employment Type
Full-Time
