Sr Analyst Managed Markets
Johnson & Johnson MedTech, Raritan, NJ, United States
Job Function
Sales Enablement
Job Sub Function
Contract Administration and Management
Job Category
Professional
All Job Posting Locations
Raritan, New Jersey, United States of America
Job Description
The Senior Analyst is responsible for supporting the contracting needs for Pharmacy Benefit Managers (PBM), Managed Care Organizations (MCO) and Long Term Care (LTC) GPOs and pharmacies administered by the Managed Markets & Specialty Team. This role will have sizable interaction with Operating Companies and field personnel.
Key Responsibilities
Manage and maintain contracts, including loading of contract pricing information, as well as analysis and processing of rebate payments to organizations referenced above.
Validate payments and provide direction to other department members.
Demonstrate a customer service mentality and ability to learn, as well as demonstrate effective communication skills with an ability to make the complex simple.
Regularly communicate in all directions to keep associates, peers and management advised of payment status, deadlines and process improvements.
Assume leadership roles on teams and projects within and across departments focused on improving the contract management process that streamline and improve current procedures.
Support key departmental projects by utilizing business knowledge, systems, good decision-making skills and project management skills.
Partner with cross-functional teams, including Operating Companies and field personnel, and provide a high level of customer service.
Transfer knowledge within the department, across departments and to Operating Companies, while understanding the impact of actions on processes across multiple business partners.
Apply strong analytical skills to discuss contracting data and information with a broad range of associates in J&J and with outside organizations.
Understand the entire contracting continuum.
Troubleshoot problems of various complexities with limited supervision and demonstrate high levels of analytical and organizational skills, with the ability to understand systems and processes.
Run and analyze reports and perform SOX analysis, as well as build and maintain Standard Operating Procedures as needed.
Qualifications
Education
Minimum Bachelor’s Degree or higher required
Experience & Skills
Minimum four (4) years of relevant work experience
Proven ability to handle conflicting priorities and meet deliverables and deadlines
Experience with data analytics, including analysis, interpretation, and presenting to leadership
Proven ability to build and support strong, positive relationships with internal and external partners
Microsoft Excel proficiency, including pivot tables and VLOOKUP
Preferred
Contract development and/or contracting system experience
Understanding of all phases of the contract continuum and business processes
Working experience in business analytics, finance analytics, legal analytics, or contract analytics
Financial and audit controls knowledge
Project management experience/skills
Base Pay Range
$79,000.00 - $127,650.00
Pay Transparency
Subject to the terms of their respective plans, employees are eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k)).
This position is eligible to participate in the Company’s long-term incentive program.
Benefits
Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits:
Vacation –120 hours per calendar year
Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado –48 hours per calendar year; for employees who reside in the State of Washington –56 hours per calendar year
Holiday pay, including Floating Holidays –13 days per calendar year
Work, Personal and Family Time - up to 40 hours per calendar year
Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child
Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year
Caregiver Leave – 80 hours in a 52-week rolling period10 days
Volunteer Leave – 32 hours per calendar year
Military Spouse Time-Off – 80 hours per calendar year
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Sales Enablement
Job Sub Function
Contract Administration and Management
Job Category
Professional
All Job Posting Locations
Raritan, New Jersey, United States of America
Job Description
The Senior Analyst is responsible for supporting the contracting needs for Pharmacy Benefit Managers (PBM), Managed Care Organizations (MCO) and Long Term Care (LTC) GPOs and pharmacies administered by the Managed Markets & Specialty Team. This role will have sizable interaction with Operating Companies and field personnel.
Key Responsibilities
Manage and maintain contracts, including loading of contract pricing information, as well as analysis and processing of rebate payments to organizations referenced above.
Validate payments and provide direction to other department members.
Demonstrate a customer service mentality and ability to learn, as well as demonstrate effective communication skills with an ability to make the complex simple.
Regularly communicate in all directions to keep associates, peers and management advised of payment status, deadlines and process improvements.
Assume leadership roles on teams and projects within and across departments focused on improving the contract management process that streamline and improve current procedures.
Support key departmental projects by utilizing business knowledge, systems, good decision-making skills and project management skills.
Partner with cross-functional teams, including Operating Companies and field personnel, and provide a high level of customer service.
Transfer knowledge within the department, across departments and to Operating Companies, while understanding the impact of actions on processes across multiple business partners.
Apply strong analytical skills to discuss contracting data and information with a broad range of associates in J&J and with outside organizations.
Understand the entire contracting continuum.
Troubleshoot problems of various complexities with limited supervision and demonstrate high levels of analytical and organizational skills, with the ability to understand systems and processes.
Run and analyze reports and perform SOX analysis, as well as build and maintain Standard Operating Procedures as needed.
Qualifications
Education
Minimum Bachelor’s Degree or higher required
Experience & Skills
Minimum four (4) years of relevant work experience
Proven ability to handle conflicting priorities and meet deliverables and deadlines
Experience with data analytics, including analysis, interpretation, and presenting to leadership
Proven ability to build and support strong, positive relationships with internal and external partners
Microsoft Excel proficiency, including pivot tables and VLOOKUP
Preferred
Contract development and/or contracting system experience
Understanding of all phases of the contract continuum and business processes
Working experience in business analytics, finance analytics, legal analytics, or contract analytics
Financial and audit controls knowledge
Project management experience/skills
Base Pay Range
$79,000.00 - $127,650.00
Pay Transparency
Subject to the terms of their respective plans, employees are eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k)).
This position is eligible to participate in the Company’s long-term incentive program.
Benefits
Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits:
Vacation –120 hours per calendar year
Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado –48 hours per calendar year; for employees who reside in the State of Washington –56 hours per calendar year
Holiday pay, including Floating Holidays –13 days per calendar year
Work, Personal and Family Time - up to 40 hours per calendar year
Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child
Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year
Caregiver Leave – 80 hours in a 52-week rolling period10 days
Volunteer Leave – 32 hours per calendar year
Military Spouse Time-Off – 80 hours per calendar year
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