Membership and Contract Validation Analyst (Hybrid).
We are seeking a Membership and Contract Validation Analyst with 5 to 8 years of experience to join our team. The ideal candidate will have expertise in Model N-REC-Medicaid application and Model N. This role involves managing end-to-end contract management and rebate payment administration processes. The candidate will play a crucial role in optimizing our product offerings and ensuring compliance with industry standards.
About Us:
Cognizant (Nasdaq: CTSH) engineers’ modern businesses. We help our clients modernize technology, reimagine processes and transform experiences, so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com
The role is encouraged to drive technology discussions and analyze the current landscape for gaps in addressing business needs. Cognizant needs a motivated individual to challenge the status quo and provide thought leadership/standard methodologies to improve our current services and technologies.
Role: Membership and Contract Validation Analyst
Job Location: Parsippany, NJ (Hybrid).
Responsibilities:
· Responsible for the review of all new Direct/Indirect customer set ups in MODEL N FLEX and of member eligibility. Ensure Classes of Trade are accurate and available by customer and geographic area for downstream reporting, for internal analytics, and for sales segment reporting to achieve sales targets and comply with Government Pricing requirements. Will also be responsible for working with internal and external auditors to provide required information for Class of Trade compliance.
· Responsible for collaborating with the Contracts, Pricing and Rebates group to ensure successful implementation and maintenance of brand/generic contracts and rebates in MODEL N FLEX. Responsible for collaborating with the Brand team to implement all brand strategies and agreements into MODEL N FLEX.
· Provide sales analytics on customers and classes of trade for Sales Segment reporting to support management in achievement of brand/generic sales targets. Collaborate with the Customer Administration Audit team on audit and analytics review of indirect customer analysis. Providing quarterly analytics to the team of wholesaler trends and providing quarterly analytics for memberships to management.
· Responsible for supporting group lead/manager with back up responsibilities, as well as any other duties or projects, as assigned or business needs required.
· Proficient in Excel. Able to navigate, do V-lookups, and pivot tables.
Must Have Skills:
· Proficient in determining class of trade assignments
· 340B Review and experience with determining eligibility.
· Proficient in the Flex membership environment
· Excel – Pivot and V-lookups
Functional Knowledge and skills:
- Ability to work independently and with a team.
- Good verbal and written communication skills.
- Organized, detail oriented, analytical and can multi-task to manage changing priorities.
TRAVEL REQUIREMENTS:
· Some travel may be required.
PHYSICAL REQUIREMENTS:
· Working from the office 2-5 days per week, per policy (Currently 2 days a week in office).
Certifications Required
· Certified Model N Professional Certified Product Management Professional
Salary and Other Compensation:
The annual salary for this position depends on experience and other qualifications of the successful candidate.
Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:
- Medical/Dental/Vision/Life Insurance
- Paid holidays plus Paid Time Off
- 401(k) plan and contributions
- Long-term/Short-term Disability
- Paid Parental Leave
- Employee Stock Purchase Plan
Disclaimer:
The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
