Sr Analyst Managed Markets

J&J Family of Companies • Raritan, NJ • 2h ago

At Johnson & Johnson,?we believe health is everything. Our strength in healthcare innovation empowers us to build a?world where complex diseases are prevented, treated, and cured,?where treatments are smarter and less invasive, and?solutions are personal.?Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity.?Learn more at jnj.com

As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world. We provide an inclusive work environment where each person is considered as an individual. At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit.

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:

Required:

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

Required Skills:

Preferred Skills:

The anticipated base pay range for this position is :

$79,000.00 - $127,650.00

Additional Description for 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.

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

For additional general information on Company benefits, please go to: - https://www.careers.jnj.com/employee-benefits

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