Financial Operations Analyst - Evernorth - HYBRID

cigna; St. Louis (MO); Hybrid; USD 52,000 - 76,000; Full time

Job summary

Evernorth Health Services, a division of The Cigna Group, is seeking an Analyst to own operational invoicing and reconciliation for pharma manufacturer rebate contracts. You will be the go-to contact for monthly rebate invoices and will work within the FRP invoicing system to set up contracts and amendments.

The role requires a bachelor’s degree in business or related field, 1+ years of experience, and strong analytical, communication, and Excel skills.

Qualifications

• Bachelor's degree in business or equivalent work experience.
• 1+ years of experience in a related role.
• Excellent customer service and communication skills; strong analytical skills; detail oriented.
• Strong PC skills; proficient in MS Excel and Access.
• Knowledge of PBM and healthcare industry preferred.

Responsibilities

• Set up pharma manufacturer rebate contracts and amendments in the FRP invoicing system.
• Handle manufacturer implementations in the FRP system.
• Collaborate with Contracting’s Account Directors to understand contract intent.
• Communicate setup strategy to the BDRO team for rebate options.
• Track setup actions through Houston Service Request system for validation and audit.
• Prepare validation packets to support setup actions.
• Review manufacturer invoicing and data-fix results for invoicing accuracy.
• Communicate invoicing questions to manufacturers and internal teams.
• Verify bank data for payment receipt and entry in FRP and resolve any issues.

Skills

Customer service

Communication

Analytical skills

Detail oriented

Education

Bachelor's degree

Tools

MS Excel

MS Access

Job description

POSITION SUMMARY

The Analyst will own the operational invoicing and reconciliation activities for their select pharma manufacturer rebate contracts. The Analyst should develop an in-depth knowledge of the contract to serve as the primary point of contact regarding the manufacturer’s monthly rebate invoice.

ESSENTIAL FUNCTIONS

• Set up pharma manufacturer rebate contracts and amendments within our Formulary Rebate Processing (FRP) invoicing system.


• Manufacturer Implementation in FRP system.


• Work with Contracting’s Account Directors to understand contract intent.


• Communicate setup strategy to the BDRO (Benefit Driven Rebate Optimization) team to capture enhanced/restricted rebate options.


• Track all setup actions through Houston Service Request system for validation and audit.


• Prepare validation packets to support all setup actions.


• Review manufacture specific invoicing and data-fix results to help ensure invoicing accuracy.


• Communicate with mfr to answer invoicing questions.


• Verify bank data for payment receipt and entry in FRP.


• Once confirmed internally, correct any contract setup issues detected during reconciliation.

QUALIFICATIONS

• Bachelors degree in business or equivalent work experience.


• 1+ years of experience with degree.


• Excellent customer service and communication skills; Strong Analytical Skills; Detail oriented.


• Excellent PC skills with ability to utilize MS Excel and Access.


• Knowledge of PBM (Pharmacy Benefit Manager) and healthcare industry preferred.


• Ability to organize and plan multiple projects.


• Ability to demonstrate self-initiative, work cross functionally to resolve issues as they occur.


• Proven ability to work under tight deadlines.

If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

About Evernorth Health Services

Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.