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BRIAN PERRELLA
CHERYL PEDOTA
Prabhdeep Singh
USA

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Senior Manager - Business Assurance Job

Date: May 6, 2019

Location: Plainsboro, NJ, US

Company: Novo Nordisk

About the Department
At Novo Nordisk, our Finance and Operations team works to provide strategic direction to the company, ensuring that everything we do is viable and built to last. Overseeing and safeguarding Novo Nordisk Inc (NNI’s) short and long-term planning, Finance and Operations works closely with teams across the organization to develop strategies and business plans, monitor industry trends and provide operating recommendations. We regulate accounting, uphold workplace safety, manage our supply chain and sampling, support technology, maintain our facilities and assure the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a life-changing career in a global business environment. We encourage our employees to make the most of their talent. And we reward hard work and dedication with the opportunity for continuous learning and personal development. Are you ready to realize your potential?


The Position
This position leads the business assurance function for Managed Care contracts. The role is responsible for managing an external team whose primary role is to ensure the validation of formulary eligibility for invoicing of all Commercial and Part D rebates. This includes the implementation and development of processes and procedures. Responsible for the development of best in class processes for formulary validation and research. Identify and track formulary compliance for Commercial Contracts team. Responsible to all aspects of commercial customer audits, from engagement of audit vendor, alignment of state holders, through audit resolution.


Relationships
Reports to the Associate Director, Contract Management and Compliance. Works closely with Rebate Operations and Insights, Contract Management and Compliance and Strategic Pricing teams, field and home office management. External relationships include oversight of Novo Nordisk Global Service Center formulary management team, managed care customers, field sales personnel and system vendors.


Essential Functions
  • Accountable for the oversight of the formulary compliance research and report-out to internal leadership and Novo Nordisk Account Teams
  • Accountable for stakeholder and vendor engagement for commercial customer audits
  • Ensures Formulary Research team is accurately analyzing
  • Monitor formulary compliance to ensure contract profitability and customer satisfaction
  • Oversees that formulary compliance is reflective of the contract language
  • Provides analysis support for senior management
  • Provides formulary research for commercial and Part D contracts monthly/quarterly depending on the rebate claim frequency
  • Responsible for development and training for formulary research staff on formulary validation processes and industry knowledge
  • Responsible for development of the procedures and process for formulary compliance research
  • Works with Account Executives and customers to verify formulary discrepancies. Fiscal Responsibilities: Establishes, oversees implementation, and monitors adherence to administrative policies and procedures, including Sarbanes-Oxley controls
  • Manages a budget for the unit
  • Provide recommendations to Strategic Pricing team on formulary research findings to improve contract strategies
  • Responsible for development of reports confirming formulary compliance
  • Responsible for development of tools and metrics to evaluate and monitor formulary compliance. Reporting: Reviews and approves formulary validation reports prior to Commercial Contracts team implementing in the rebate system
  • Responsible for audit conclusion report out ensuring financial resolution of audit and learnings are operationalize by Novo Nordisk business units

Physical Requirements
0-10% overnight travel required.


Qualifications
  • Bachelor's Degree required; relevant experience in specialized area may be substituted for degree when appropriate; advanced degree preferred
  • A minimum of 6+ years of progressive and related experience required with at least 3+ years in formulary analysis, contract analysis, rebate administration and/or pricing experience required
  • At least two years management experience required
  • Knowledge of Payer formulary concepts and processes is required
  • Background in contract development or interpretation a plus
  • Excellent PC skills required
  • Knowledge of manufacture rebate processes/systems a plus
  • Must have demonstrated leadership skills, an ability to manage and improve people and processes

Novo Nordisk is an Equal Opportunity Employer - M/F/Veteran/Disability/Sexual Orientation/Gender Identity.

If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.


Requisition ID: 59811BR
State/Provinces: Plainsboro
Job Category: Finance


Nearest Major Market: New Jersey

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