Senior Rebate Operations & Assurance Analyst

Novo Nordisk A/S; Plainsboro Township, Northern (NJ, KY); Hybrid; USD 83,000 - 150,000; Full time

Benefits offered by this job

Health insurance

Dental coverage

Vision coverage

Life insurance

401(k) savings plan

Tuition reimbursement

Job summary

Novo Nordisk A/S in Plainsboro, NJ, is seeking a Specialist for Rebate Operations and Assurance to support rebate processing, analytics, and audit activities within the Market Access Finance & Operations group.

The role focuses on timely, accurate rebate payments for strategic and non-strategic customers across Commercial, Part D, and Coverage Gap, plus providing data-driven insights and contract analytics to drive compliance and process improvements.

Qualifications

• A Bachelor 's degree or equivalent experience required.
• Advanced PC skills required.
• Contracting and Pricing Knowledge and Expertise Required - Understands contracting concepts and processes and the impact of pricing activities on contracting. Applies knowledge of changes in laws and competitive landscape to make sound business decisions.
• Data manipulation skills through a third-party vendor for data scrubbing.
• Experience in using financial and/or statistical tools to analyse contract data required.
• Microsoft Access and Advanced skills in Excel required.
• SQL experience preferred.
• Requires a minimum of 4 years relevant experience.
• Strong analytical, quantitative and qualitative analysis skills required.
• Strong skills with Model N.
• Self-motivator who seeks to improve accuracy and efficiency of analytical work and business processes.
• Planner and forecaster savvy with recognizing trends, establishing forward progress and focusing on the big picture as well as the small details

Responsibilities

• Assists customers and management with questions or problems arising with contracts and payments and troubleshoots accordingly
• Assists with both internal and external audits
• Creates special reports and provides analysis support to management based on trends and needs
• Ensures accurate reporting to finance and treasury (i.e., monthly treasury reporting, monthly and periodic reconciliations to other reporting systems)
• Identifies and analyses performance trends and provides recommendations and insights to management
• Identifies missing claims data and works with customers in gathering and obtaining this data
• Inputs, reviews, validates, processes and analyses rebate payments and adjustments ranging from $100K - $200M or more; ensures payments are paid within the required timeframes and conditions, as stated in the contractual agreements
• Prepares and provides contract reports (i.e., sales, rebate pricing, reconciliation) to field sales and home office management
• Responsible for proper distribution of funds and reporting to field sales and rebate customers
• Reviews and analyzes contract terms and conditions of contracts. Ensures data in validation and rebate systems reflect the contract terms for accurate processing
• Reviews and recommends contract language to management
• Formats incoming claims data (received on tape, diskette, etc.) from contract customers; manipulates data to ensure proper format
• Provides support for data loading efforts to ensure that all data received is loaded accurately and in a timely manner prior to data validation. Coordinates with external source for loading and scrubbing of rebate claims data
• Works with external vendor and customer to resolve data issues
• Provides support for ensuring all data is received and accurately tracked to ensure on time payment
• Provides support for ensuring all documentation for payments and contracts are filed and updated accurately
• Provides support for generating and distributing all supporting reports provided to the field and customers for reconciliation
• Assists with implementing enhancements for data validation and rebate systems
• Creates and maintains rebate agreements in the rebate system
• Ensures that A/P vendor information is updated accurately and that payments are issued as expected
• Ensures that all activities meet internal and/or external service level agreements and Sarbox controls
• Maintains membership and formulary linkages in rebate system
• Ad hoc Business Assurance reporting activities and active participation in adhoc projects to ensure compliance across rebate operations

Skills

Contracting & Pricing

Data manipulation

Financial analysis

Excel

SQL

Education

Bachelor's degree or equivalent experience

Tools

Microsoft Access

Excel Advanced

Model N

Job description

Novo Nordisk A/S in Plainsboro, NJ, is seeking a Specialist for Rebate Operations and Assurance to support rebate processing, analytics, and audit activities within the Market Access Finance & Operations group.

The role focuses on timely, accurate rebate payments for strategic and non-strategic customers across Commercial, Part D, and Coverage Gap, plus providing data-driven insights and contract analytics to drive compliance and process improvements.