What you’ll do
In a few words…
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.
The fundamentals for the job…
- 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.
What we expect of you
The bold 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.
Physical requirements…
- Must be able to access and navigate each department at the organization’s facilities.
- Sedentary work that primarily involves sitting/standing.
At Abarca we value and celebrate diversity. Diversity, equity, inclusion, and belonging are guiding principles of Abarca and ensure Abarca’s workforce reflects the communities it serves. We are proud to provide equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, medical condition, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Abarca Health LLC is an equal employment opportunity employer and participates in E-Verify. “Abarca Health LLC does not sponsor employment visas at this time”
The above description is not intended to limit the scope of the job or to exclude other duties not mentioned. It is not a final set of specifications for the position. It’s simply meant to give readers an idea of what the role entails.
#LI-NO1 #LI-REMOTE
Top Skills
What We Do
Abarca is igniting a revolution in healthcare. We started by redefining pharmacy benefits, but this is just the beginning. We built our company on the belief that with smarter technology and a straightforward approach to business, we can provide a better experience and greater value for payers and consumers. For fifteen years, we have questioned the industry status quo and changed what it means to be a PBM. So call us a PBM for discussion purposes, but we are unlike any other company out there. And today, we manage more than $5.3 billion in drug spend for 4.1 million lives with unheard of client satisfaction and retention. Join the revolution!
