Rebate Formulary Analyst CVS Health 23,711 reviews - Northbrook, IL As a Rebate Formulary Analyst, you will perform a critical role in the analysis of Medicare and Commercial formularies to determine client eligibility for rebates with respect to manufacturer contractual guidelines. To support accurate rebate invoicing, the Rebates Formulary Analyst is responsible for meeting manufacturer contractual obligations by completing a thorough interpretation of the contract and thorough analysis of formulary and plan design data on a monthly/quarterly basis. In this role, you will support overall team production by assisting during pharmaceutical disputes and collaborating on day-day tasks such as: * Conducting specific formulary research to support Rebate forecasting and underwriting teams during the manufacturing contract negotiating process; Clinical Managers and Client Support Services as they work with clients in the development of formularies;Rebate audit team as questions arise on audits by manufacturers and clients * Adhering to quality control process in review of formulary rebate eligibility and contributing to enhancing our quality control processes

• Providing recommendations to Negotiating and Contract teams on enhancing contract language necessary to support formulary rebate contracts * Maintaining filings for Caremark and client specific formulary publications * Supporting the internal team with process improvement working with IT and in-house MS Access applications * Exhibiting strong analytical and organizational skills working with large data sets * Demonstrating flexibility and adaptability to take on additional tasks to support the department * Very light travel if any may be requested to support business activity Required Qualifications * 1+ years of professional work experience Preferred Qualifications * Experience in a formulary, health care, contracting, or similar role * Caremark Formulary and/or Rebate knowledge beneficial * Experience with Caremark business systems, claims adjudication, formulary, drug, and client systems with an emphasis on the RxClaim adjudication platform beneficial * Medicare knowledge beneficial * Spreadsheet creation/maintenance; Microsoft Excel * Ability to work independently and with people across functional areas * Ability to work in a virtual team environment Education High school diploma/GED required. Bachelor's Degree preferred. Business Overview CVS Health, through our unmatched breadth of service offerings, is transforming the delivery of health care services in the U.S. We are an innovative, fast-growing company guided by values that focus on teamwork, integrity and respect for our colleagues and customers. What are we looking for in our colleagues? We seek fresh ideas, new perspectives, a diversity of experiences, and a dedication to service that will help us better meet the needs of the many people and businesses that rely on us each day. As the nations largest pharmacy health care provider, we offer a wide range of exciting and fulfilling career opportunities across our three business units MinuteClinic, pharmacy benefit management (PBM) and retail pharmacy. Our energetic and service-oriented colleagues work hard every day to make a positive difference in the lives of our customers. 20 hours ago - save job - original job Apply On Company Site * Rebate Formulary Analyst jobs in Northbrook, IL * Jobs at CVS Health in Northbrook, IL * Rebate Formulary Analyst salaries in Northbrook, IL CVS Health CVS Health 23,711 reviews Headquartered in Woonsocket, Rhode Island, CVS Health is a leading American pharmacy, retailer and health care company dedicated to... Let employers find you Thousands of employers search for candidates on Indeed Upload Your Resume