Takeda

Rebate Associate (Manager Level), Commercial Contracts, US Oncology

Takeda$116K — $182K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 4 years contracts and pricing experience required.
  • 2+ years of rebate processing experience in the pharmaceutical industry required.
  • ModelN/Flex Revenue Manager experience in contract implementation and maintenance preferred.
  • Experience with various commercial contracting price protection methodologies preferred.
  • Strong critical thinking and problem solving skills.
  • Strong verbal and written communication skills.
  • Excellent organization and time-management skills.
  • Ability to handle multiple projects in a matrix environment.

Responsibilities

  • Perform calculations and generate payments in compliance with reimbursement agreements.
  • Conduct research and provide training and guidance as needed.
  • Support the management and coordination of data resources and compliance audits.
  • Coordinate resources for cross-functional projects and activities.
  • Ensure accuracy and timeliness of payments while adhering to audit requirements.
  • Gather and reconcile Payer claim data for contract compliance and payment accuracy.
  • Assist Commercial Contracting Managers with updating training materials.

Benefits

  • Medical, dental, and vision insurance.
  • 401(k) plan with company match.
  • Short-term and long-term disability coverage.
  • Tuition reimbursement program.
  • Paid volunteer time off and company holidays.
  • Up to 120 hours of paid vacation and up to 80 hours of sick time.
Full Job Description
  • Perform calculations and generate payments in compliance with executed reimbursement Agreements and maintain all assigned account responsibilities.
  • Assist in the identification and development of information and process requirements. Consult with managers and key stakeholders to make well-informed decisions, drive process improvement and other initiatives. Provide support for data governance, business process management, and assist in the performance and maintenance of controls, data quality, and accuracy.
  • Understand business and operational strategies and processes, respond to data requests with appropriate information and analysis. Respond to routine business, systems, and data questions, and assist the team with problem resolution. Assist as needed with routine variance analysis to ensure data completeness and payment accuracy. Conduct research and provide training and guidance as needed.
  • Provide support for the management and coordination of data and information resources. Maintain an inventory of policy, procedure, training, and other documentation. Support the development of standard reporting and other metrics as required. Support all compliance and audit reviews.
  • Coordinate resources to support for cross-functional projects and activities.


How you will contribute:
  • Perform all the functions required for the management and administration of assigned accounts. Ensures all pertinent contract attributes are properly translated into the correct contract set-up in the rebate payment system. Ensures the accuracy, integrity, and timeliness of all payments for Commercial and Medicare Part D contracted customers, including rebates, fees and chargebacks. This process includes the interpretation and translation of contract language, ensuring formulary/benefit compliance, data validation and rebate calculations. Adhere to all audit requirements and any/all reporting regulations as defined within Takeda's policies and guidelines related to rebate processing.
  • Gain a thorough understanding of contract terms and requirements and respond to non-routine questions and data problems. Coordinate with internal teams to bring all issues to a satisfactory resolution.
  • Gather Payer claim level data files, reconcile Payer invoices and perform detailed payment analysis to ensure contract compliance and rebate payment accuracy. GPO roster reconciliation, GPO sales volume reconciliation, run superlist performance reports, and calculate rebates. Maintain trading partners and process rebates and fees within ModelN FLEX revenue management system for both Payer and GPO contracts. Support data requests from US OBU Patient Value & Access field team, Distribution, Data Stewards, and IT, as well as external parties including Payers and GPOs.
  • Supports all Commercial and Medicare Part D internal/external audits by preparing and providing the necessary documentation to Director, Commercial Contracting Operations
  • Assists with the implementation of system and/or process improvements to develop more efficient business processes. Provide production support testing of new system enhancements, defects or new programs. Performs all system user acceptance testing for any systems that support the rebate payment process. This also includes working with IT on updating test scripts.
  • Assists Commercial Contracting Managers with updating rebate training manual and other supporting materials (i.e., quality control checklists).


Minimum Qualifications/Requirements:
  • Bachelor's degree or 4 years contracts and pricing experience required.
  • 2+ years of rebate processing experience in the pharmaceutical industry required.
  • ModelN/Flex Revenue Manager experience in contract implementation and maintenance preferred.
  • Experience with various commercial contracting price protection methodologies preferred.
  • Ability to think through how decisions will impact Takeda, customers and stakeholders prior to execution.
  • Strong critical thinking and problem solving skills.
  • Strong verbal and written communication skills.
  • Must demonstrate excellent organization and time-management skills.
  • Ability to handle multiple projects and tasks in a matrix environment.


This position is currently classified as "hybrid" in accordance with Takeda's Hybrid and Remote Work policy.

Takeda Compensation and Benefits Summary

We understand compensation is an important factor as you consider the next step in your career. We are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices.

For Location:
Boston, MA

U.S. Base Salary Range:
$116,000.00 - $182,270.00

The estimated salary range reflects an anticipated range for this position. The actual base salary offered may depend on a variety of factors, including the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job. The actual base salary offered will be in accordance with state or local minimum wage requirements for the job location.

U.S. based employees may be eligible for short-term and/ or long-term incentives. U.S. based employees may be eligible to participate in medical, dental, vision insurance, a 401(k) plan and company match, short-term and long-term disability coverage, basic life insurance, a tuition reimbursement program, paid volunteer time off, company holidays, and well-being benefits, among others. U.S. based employees are also eligible to receive, per calendar year, up to 80 hours of sick time, and new hires are eligible to accrue up to 120 hours of paid vacation.

Locations
Boston, MA

Worker Type
Employee

Worker Sub-Type
Regular

Time Type
Full time

Job Exempt
Yes

About Takeda

Takeda Pharmaceutical Company Limited is a global pharmaceutical company that develops and markets pharmaceutical products. The company's products are used to treat a wide range of medical conditions, including cardiovascular and metabolic diseases, respiratory diseases, and cancer. Takeda Pharmaceutical Company Limited was founded in 1781 and is headquartered in Tokyo, Japan. The company has operations in more than 80 countries and employs more than 49,000 people worldwide.
Learn more about Takeda
Size
47,347 employees
Market Cap
$48.2 billion
Industry
Founded
1781
5 Year Trend
+15.6%
NASDAQ

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