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CVS Health Rebate Research Senior Analyst in Northbrook, Illinois

Job Description

The Rebate Research Senior Analyst analyzes Commercial and Medicare formularies to

determine client eligibility for manufacturer rebate contracts. Day-to-day tasks include: gathering documentation, reviewing contract language and providing feedback, evaluating new and varied

situations dealing with plan design, formulary listing, contract interpretation, and trade negotiation; conducting ad hoc research to support forecasting and underwriting processes, investigating manufacturer disputes, supporting client and manufacturer audits, collaborating

with colleagues and management to resolve issues and improve processes, and adhering to quality control procedures to ensure timely and accurate research results are published monthly for all formularies and drugs.

This position interacts with many areas across the CVS Health organization, including Rebate Invoicing, Reconciliation, POS Rebate, Claims, Resubmissions, MFR Audit, Client Audit, Trade, Underwriting, Sales, Clinical, Client Services, and Account Management.

A successful candidate will have the following skills:

  • Excellent oral and written communication skills

  • Strong analytical skills and organizational skills

  • Ability to handle multiple tasks and deadlines, and to appropriately pivot priorities based on business needs

  • Flexibility and adaptability to take on additional tasks to support the department

Required Qualifications

1 or more years of professional work experience

1 or more years of experience using Microsoft Excel, with the ability to work with large data sets

Preferred Qualifications

Formulary and/or rebate knowledge

Contract interpretation experience

Advanced knowledge of pharmaceutical industry, drug products, and manufacturer rebate contracts

Advanced understanding of CVS Caremark Benefit Design and Formulary


Bachelor's Degree or equivalent work experience required

Business Overview

At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.

We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an equal opportunity and affirmative action employer. We do not discriminate in recruiting, hiring or promotion based on race, ethnicity, sex/gender, sexual orientation, gender identity or expression, age, disability or protected veteran status or on any other basis or characteristic prohibited by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.