Strategic Rebate & Payments Analyst

CVS Health; Illinois; Hybrid; USD 44,000 - 102,000; Full time

Benefits offered by this job

Comprehensive benefits package

Paid time off

Bonus eligibility

Job summary

CVS Health is seeking a Rebate Reconciliation Analyst to focus on rebate reconciliation, payment analysis, dispute resolution, and reserve analysis. You will collaborate with Trade Relations, Legal, Accounting, and external pharma manufacturers to optimize payment accuracy and reduce drug spend.

The role emphasizes data manipulation, contract interpretation, and clear communication across internal teams and external partners. Full-time in Illinois with competitive benefits.

Qualifications

• 6+ months financial or analytical experience.
• 6+ months experience with Microsoft Excel.
• Bachelor's Degree in Finance, Accounting, Business, Math, or Economics preferred or equivalent work experience.
• PBM or pharmaceutical manufacturer experience and knowledge of pharmaceutical products preferred.

Responsibilities

• Review and comprehend all contract terms applicable to the Reconciliation function.
• Track and apply payments due from pharmaceutical manufacturers.
• Identify any late payments and request late fee billing as required by contract.
• Manipulate and Analyze payment data from pharmaceutical manufacturers.
• Reconcile payment data received with invoiced amount to identify all items disputed by pharmaceutical manufacturers.
• Analyze and research all variances and disputed items and determine whether to accept or reject disputes.
• Communicate with pharmaceutical manufacturers regarding variances and disputes.
• Update internal dispute tracking data file on a monthly basis.
• Perform analysis of required reserves on a monthly basis.
• Investigate and respond to questions/inquiries regarding the status of open balances.

Skills

Problem solving

Detail oriented

Data analysis

Communication

Education

Bachelor's Degree in Finance/Accounting/Business/Math/Economics

Tools

Microsoft Excel

Job description

CVS Health is seeking a Rebate Reconciliation Analyst to focus on rebate reconciliation, payment analysis, dispute resolution, and reserve analysis. You will collaborate with Trade Relations, Legal, Accounting, and external pharma manufacturers to optimize payment accuracy and reduce drug spend.

The role emphasizes data manipulation, contract interpretation, and clear communication across internal teams and external partners. Full-time in Illinois with competitive benefits.