Sr Mgr, Managed Care Rebates

Date: Nov 19, 2025

Location:

Parsippany, United States, New Jersey, 07054

Company: Teva Pharmaceuticals

Job Id: 65029

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

Position Summary:
The Senior Manager, Managed Care Rebates leads department staff in the processing of Managed Care, Medicare Part D, Managed Medicaid, CMS Rebates, and Medical Rebate claims and fees in accordance with the terms and conditions of rebate contracts and internal processing procedures. This position also maintains and communicates accurate cash forecast information, rebate trends, and impacts to Gross to Net and Government Pricing. The Senior Manager, Managed Care Rebates reports to the Director of Brand and Generic Rebates.

Essential Functions
• Assists staff with contract interpretation, entering contract terms (products, plans, reimbursement percentages, etc.) into Model N/Flex system, rebate calculations and payment requests
• Maintains and updates NCPDP and 340B pharmacy lists in Model N/Flex for claim validation
• Reviews and approves contract terms and rebates in various systems to ensure accuracy and contract compliance
• Works in partnership with Contract Compliance Team to ensure customers adhere to contract parameters; authorizes exclusions when appropriate
• Collaborates with Contract Compliance Team, Market Access Team and customers to track and resolve disputes
• Provides input to Contracts Team and Legal in development of complex contract terms and conditions impacting Claims Administration
• Interprets all legislative actions affecting rebates; Modifies systems and processes to ensure regulatory compliance
• Prior understanding of PBM invoicing to Pharmaceutical Manufacturers to assist Analysts with validations and disputes
• Familiarity with Medical Claim Benefits to assist Analysts with validations and contract reviews
• Experience with Formulary position as they relate to Health Plans to assist in Analyst validations and impact
• Advises branded business units of material rebate variances and gain business unit approval on all exceptions
• Assist in providing operational direction to the Director of Rebates and internal teams on identification of discrepancies and trends
• Establishes and maintains policies, procedures, and standards for rebate processing in support of SOX, internal/external financial reporting, and government contract legislation
• Selects, hires, trains, develops, and retains competent individuals within the team
• Assesses and defines areas of technological advancement, including key trends and metrics
• Responds to all internal and external audit requests

Your experience and qualifications

Any equivalent combination of education, training and/or experience that fulfills the requirements of the position will be considered.

• Bachelor’s degree with emphasis in Business, Finance, Accounting or related fields or equivalent combination of education, training and/or direct work-related experience.
• Minimum of 3 years Pharmaceutical experience; Experience with Managed Care Rebate Processing, Rebates Disputes, Contract Terms
• Strong analytical and data interpretation skills to analyze and resolve complex problems
• Ability to analyze processes and systems to improve efficiency and effectiveness through technology and automation
• Exemplary interpersonal skills; ability to effectively coach staff
• Excellent written and verbal communication; Develop and foster strong relationships with internal and external clients
• Strong organizational skills; Committed to meeting deadlines; prioritizing workload according to organizational needs; demonstrates ability to manage priorities
• Intermediate level Excel, Word, PowerPoint; Model/N Flex experience preferred

Compensation Data

The annual starting salary for this position is between $118,800 – $155,925 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.

Enjoy a more rewarding choice

We offer a competitive benefits package, including:

Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
Life and Disability Protection: Company paid Life and Disability insurance.

Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more. 

Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.   

Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to disabilityassistance@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address.  

Important notice to Employment Agencies - Please Read Carefully  

Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities.  All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company.  No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.  