Job Description The Financial Analyst - Rebate Resubmissions will be responsible for analyzing invoice data from prior periods and fixing and resubmitting invoices in a timely manner in order to maximize manufacturer rebates. Day-to-day activities include reviewing past formulary research, invoice results, contract interpretations, and claim exclusions across select formularies, contracts, and clients; then performing financial impact assessments, fixing the research and invoice setups, and rerunning and producing supplemental invoices. Additionally, this position will help complete root cause analyses and corrective action plans for issues and errors found during the resubmission process.
This position will interface closely with our Rebate Research, Claims, and Invoice teams to maximize resubmission opportunities and to limit client service warranty payouts arising from incorrect invoice submissions. It will also engage with and collaborate with key personnel from other functional areas, including Client Audit, Finance, Accounting, Trade, Underwriting, and Account Management.
Required Qualifications * 1 or more years of performing in-depth research, investigation, analysis, ad-hoc reporting and/or related experience * 1 or more years of experience using Microsoft Excel with the ability to work with large data sets
Preferred Qualifications * Knowledge of pharmaceutical industry, drug products, and manufacturer rebate contracts * Deep understanding of CVS Caremark Benefit Design and Formulary * Excellent oral and written communication skills * Proven problem solving and data analysis skills * Experience with financial impact statements and root cause analysis * Ability to query data via SQL and other data analytic tools * Ability to establish and maintain collaborative relationships across functional units * Experience working in a fast-paced, deadline-driven environment
Education Bachelor's degree required
Business Overview It's a new day in health care.
Combining CVS Health and Aetna was a transformative moment for our company and our industry, establishing CVS Health as the nation's premier health innovation company. Through our health services, insurance plans and community pharmacists, we're pioneering a bold new approach to total health. As a CVS Health colleague, you'll be at the center of it all.
We offer a diverse work experience that empowers colleagues for career success. In addition to skill and experience, we also seek to attract and retain colleagues whose beliefs and behaviors are in alignment with our core values of collaboration, innovation, caring, integrity and accountability.
CVS Health is an equal opportunity/affirmative action employer. Gender/Ethnicity/Disability/Protected Veteran - we highly value and are committed to all forms of diversity in the workplace. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities. We comply with the laws and regulations set forth in the following EEO is the Law Poster: EEO IS THE LAW and EEO IS THE LAW SUPPLEMENT. We provide reasonable accommodations to qualified individuals with disabilities. If you require assistance to apply for this job, please contact our Advice and Counsel Reasonable Accommodations team. Please note that we only accept applications for employment via this site.