AbbVie Market Access Rebate & Contracting Lead in North Chicago, Illinois
AbbVie (NYSE:ABBV) is a global, research-driven biopharmaceutical company committed to developing innovative advanced therapies for some of the world’s most complex and critical conditions. The company’s mission is to use its expertise, dedicated people and unique approach to innovation to markedly improve treatments across four primary therapeutic areas: immunology, oncology, virology and neuroscience. In more than 75 countries, AbbVie employees are working every day to advance health solutions for people around the world. For more information about AbbVie, please visit us at www.abbvie.com . Follow @abbvie at https://twitter.com/abbvie on Twitter, Facebook at https://www.facebook.com/AbbVieCareers/ or LinkedIn at https://www.linkedin.com/company/abbvie/jobs .
Market Access Rebate & Contracting Lead is responsible for facilitating the achievement of the largest component of AbbVie US sales, margin and price for all branded products focusing on the management and maintenance of the Market Access contracting process associated with: Pharmacy Benefit Managers (PBMs) and health plans.
You will be responsible for supporting the objectives of the Market Access organization by facilitating the creation, maintenance and management of the commercial contracting process, consistent with established pricing strategies as well as manage the analysis, appropriate dispute and payments of rebate claims within the required timelines.
Provide routine and ad hoc financial analysis. Provide a high level of independent support in the initial development and ongoing Actual to Plan reconciliation of all required schedules for Plan/LBE/LRP. Provide financial support for the quarterly balance sheet review.
Key Responsibilities Include:
Monitor and ensure compliance with RELAY Process/Procedures and their movement through the system/process.
Support contracting requests, including the maintenance of term extensions, amendments and restatements.
Manage, analyze, and validate all aspects of rebate payments.
Evaluate and dispute the plan’s contract compliance and review performance against contractual objectives.
Understand software application systems (Model N) for accurate and efficient rebate processing.
Provide actual to plan reconciliations for assigned accounts on required schedules for Plan/Update/LBE/LRP.
Continuous review of rebates paid to ensure compliance with OEC and government pricing calculation requirements.
Continuous interactions with legal, third party rebate processor, Government Pricing, Market Access Marketing and National Market Access Sales Management and Account Executives.
Special projects as needed.
Assist with analysis and evaluation of Market Access contracts (Commercial, Medicare and Managed Medicaid, Health Exchanges) including analysis of utilization and market share data for rebate agreements.
Coordinate the preparation of contract documents to provide total inclusion of all negotiated terms and conditions consistent with good business practices
Ensure that contract terms are consistent with established pricing guidelines and procedures and Medicaid Best Price strategies.
Ensure that financial and contractual commitments are met, managing the processing of rebate data via a third-party vendor, and ensuring the timely and accurate payment, reporting and planning of the rebates.
Bachelor’s Degree in finance/accounting or business is required.
6+ Years of progressive Finance/Accounting experience
The candidate must also possess the following skill sets:
Strong business ethics for handling confidential information.
Able to make independent judgment decisions and challenge the status quo when applicable.
Extensive interpersonal skills and have excellent verbal and written communication skills.
Strong personal computer skills using Microsoft Office Suite of products; advance skills in Excel preferred.
Self-motivated and able to handle multiple tasks and prioritize effectively.
Demonstrated ability to “Bring the numbers to life”
Ability to recognize a pattern in data issues and initiate process improvement in a timely fashion.
Experience with Model N, QlikView, TM1, ECC, SAP a plus.
Significant Work Activities
Yes, 10 % of the Time
Job Level Code
Equal Employment Opportunity
At AbbVie, we value bringing together individuals from diverse backgrounds to develop new and innovative solutions for patients. As an equal opportunity employer we do not discriminate on the basis of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information gender identity or expression, sexual orientation, marital status, protected veteran status, or any other legally protected characteristic.