Sr Analyst, Medicaid Rebates

Teva Pharmaceuticals; Parsippany-Troy Hills (NJ); On-site; USD 96,000 - 120,000; Full time

Benefits offered by this job

Health Insurance

401(k) with employer match

Paid Time Off

Job summary

Teva Pharmaceuticals in Parsippany-Troy Hills, New Jersey, seeks a Senior Analyst, Medicaid Rebates, to manage Medicaid rebate claims and related fees in accordance with state contracts, CMS requirements, and internal procedures. You will validate invoiced units, rebates, and cash forecasting while partnering with internal teams and state agencies to ensure compliant, accurate Gross-to-Net impacts.

This role supports operational improvements, automation initiatives, system enhancements, and

Qualifications

• Bachelor’s degree in Business, Finance, Accounting, or related field.

Responsibilities

• Reviews Medicaid contract terms and enters pricing, discount, and eligibility details into Model N/Flex.
• Processes and validates state Medicaid invoices, reviewing Units/Rx and claim-level accuracy.
• Maintains validation and tracking mechanisms including payment tracking and forecasting files.
• Identifies and documents invoice discrepancies and supports dispute packages.
• Collaborates with Contract Compliance, Contracting, Value & Access, and Government Pricing.

Skills

Analytical skills

Communication

Organization

Multitasking

Microsoft Excel

Education

Bachelor’s degree in Business, Finance, Accounting, or related field

Tools

Model N/Flex

Validata

Invoice retrieval BOTs

Job description

We Are Teva

We’re Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it’s innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we’re dedicated to addressing patients’ needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.

We Are Teva

We’re Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it’s innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we’re dedicated to addressing patients’ needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.

Our Team, Your Impact

The Senior Analyst, Medicaid Rebates is responsible for the timely and accurate processing of Medicaid rebate claims and fees in accordance with state rebate contracts, CMS requirements, and internal procedures. This position supports the validation of invoiced units, rebate calculations, dispute management, and cash forecasting inputs. The Senior Analyst partners cross-functionally with internal stakeholders and state agencies to ensure compliance, resolve discrepancies, and contribute to accurate Gross-to-Net and Government Pricing impacts. The Senior Analyst also supports operational improvements, automation initiatives, and system enhancements.

How You’ll Spend Your Day

• Reviews and interprets Medicaid contract terms and enters pricing, discount, and eligibility details into Model N/Flex in accordance with established procedures for the most complex state accounts.
• Processes and validates state Medicaid invoices, including review of Units/Rx, unit of measure conversions, claim-level accuracy, and preparation of rebate payment requests.
• Maintains and updates required validation and tracking mechanisms, including payment tracking, forecasting support files, state reconciliation documents, and unit validation tools.
• Identifies and documents invoice discrepancies; assists in preparing and supporting dispute packages related to ineligible claims, duplicate discounts, incorrect units, and product eligibility.
• Collaborates with Contract Compliance, Contracting, Value & Access, and Government Pricing to ensure adherence to contract parameters and resolve issues related to contract interpretation.
• Communicates with states and internal partners regarding rebate inquiries, validation questions, errors, and pending disputes.
• Supports retrieval and management of state invoices through BOTs, vendor portals, and third-party Medicaid services; assists in troubleshooting system or retrieval failures.
• Assists in the analysis of rebate trends, reconciliation variances, forecasting inputs, and other data insights for management reporting.
• Supports compliance with CMS regulations and state requirements; assists in evaluating the operational impact of regulatory or policy changes.
• Provides information and documentation for internal and external audits, including SOX and financial reporting requirements.
• Contributes to the development, maintenance, and improvement of departmental policies, SOPs, work instructions, and processing standards.
• Participates in system enhancements, automation initiatives, dashboard/reporting improvements, and other modernization efforts.
• Assists in any potential audits, both internal and external.
• Peer reviews state rebate payment packages and approves accounts for payment.

Your Skills And Experience

• Bachelor’s degree in Business, Finance, Accounting, or related field, or equivalent combination of education and work experience.
• 2–4 years of pharmaceutical industry experience preferred, with direct exposure to Medicaid rebates, government pricing, contracting, or revenue management operations.
• Working knowledge of Medicaid rebate processes, invoice validation, dispute resolution, and related financial reconciliations.
• Experience with Model N/Flex, Validata, invoice retrieval BOTs, third-party Medicaid services, or other revenue management systems preferred.
• Strong analytical and data interpretation skills with proven ability to evaluate complex invoice and contract data.
• Solid understanding of unit of measure concepts and basic awareness of government pricing implications related to Medicaid rebates.
• Excellent written and verbal communication skills; ability to collaborate effectively with internal teams and external state agencies.
• Strong organizational skills with demonstrated ability to manage multiple priorities and meet established deadlines.
• Proficient in Microsoft Excel, Word, and PowerPoint.

Salary Range

The annual starting salary for this position is between $95,760- 119,700 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.

How We’ll Take Care Of You

At Teva, better health starts from within, and that includes you. From day one, you’ll be supported with benefits designed to help you thrive in and out of work. This includes generous annual leave, reward plans, flexible working schedules (dependent on role), access to tailored health support, and meaningful ways to give back to the community. When it comes to your career, you’ll be encouraged to explore, evolve, and shape your path. Twist, our one-stop shop for career development platform, gives you access to a wide range of possibilities, from learning programs and short-term projects to opportunities for internal growth. Here, you’ll be part of a culture that empowers you to reach your goals and prioritize your wellbeing every step of the way.

We Offer a Competitive Benefits Package, Including

• Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
• Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
• Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
• Life and Disability Protection: Company paid Life and Disability insurance.
• Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.

Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to [e-mail] with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address.