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FK
Fresenius Kabi
Contract Coordinator
Career Insights for Contracts Administrator
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Scorecard
Based on Illinois data
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What they do
A Contracts Administrator reviews and manages business contracts for a company or organization. Reviews proposed contract terms and conditions, and communicates and negotiates with clients; confirms that contract terms have been met before a contract is closed out. Oversees the administration of contracts for equipment and supplies; may also deal with surplus or unclaimed property.
$80,348 / year median in Illinois
-9% projected decline
Job Description
Job Summary Administers and analyzes medical rebate programs, ensuring compliance with contractual obligations and financial standards, managing rebate claims processing, and developing systems to track program performance.
Salary Range:
$26.00-$30.00 per hour based on experience- Final pay determinations will depend on various factors, including, but not limited to experience level, education, knowledge, skills, and abilities.
- Our benefits and programs are comprehensive and thoughtfully crafted to ensure our colleagues live healthy lives and have support when it matters most.
- Providing financial and administrative support to company organizations regarding medical rebate programs.
- Analyzing summaries of account/program characteristics, prior financial performance, and expected sales, rebates and profitability.
- Ensuring compliance with standards for contract proposals and that rebates offered align with management's decisions.
- Managing the processing of rebate claims to ensure contractual obligations are met and payments are properly handled.
- Analyzing disputed rebate claim data and recommending settlement strategies.
- Overseeing the preparation of financial reports related to managed care and rebates.