Senior Contract & Formulary Compliance Analyst

Teva; Parsippany-Troy Hills (NJ); Hybrid; USD 99,000 - 112,000; Full time

Benefits offered by this job

Comprehensive Health Insurance

401(k) with employer match

Paid Time Off

Life and Disability Insurance

Employee Assistance Program

Job summary

Teva in Parsippany, NJ is seeking a Sr. Analyst Contracts & Formulary Compliance to identify and resolve compliance issues with contracted managed care customers. You will review formulary positions, validate product placement, and collaborate on contract terms and rebate strategies.

Hybrid role with 2 days onsite at Parsippany, NJ. Strong Excel/PowerPoint skills and 3+ years in financial/formulary analysis required. Competitive benefits offered.

Qualifications

• Thorough understanding of Managed Care contracting and formulary access.
• Ability to interpret contract terms and rebate flows.
• Experience with drug formularies and auditing basics.

Responsibilities

• Identify and resolve compliance issues with contracted managed care customers.
• Review formulary positions on PBM and Health Plan sites for alignment.
• Perform investigational audit reviews and present findings to stakeholders.
• Collaborate with rebates team to ensure timely review and payment of invoices.

Skills

Managed Care contracting

Contract terms understanding

Excel

PowerPoint

Formulary analysis

Tools

Excel

PowerPoint

Job description

Teva in Parsippany, NJ is seeking a Sr. Analyst Contracts & Formulary Compliance to identify and resolve compliance issues with contracted managed care customers. You will review formulary positions, validate product placement, and collaborate on contract terms and rebate strategies.

Hybrid role with 2 days onsite at Parsippany, NJ. Strong Excel/PowerPoint skills and 3+ years in financial/formulary analysis required. Competitive benefits offered.