As a Formulary Solutions Pharmacy Resident, you will gain hands-on experience through immersive longitudinal rotations and enterprise-wide exploratory opportunities while contributing to clinical and strategic initiatives that impact Commercial, Custom, and Medicare formularies nationwide.

Program Highlights:

• Develop and present evidence-based formulary recommendations that influence coverage decisions for millions of members.
• Evaluate emerging therapies, clinical evidence, and market trends to support strategic decision making.
• Translate clinical and analytical insights into actionable business solutions.
• Partner with cross-functional teams to implement and evaluate formulary and utilization management strategies.
• Build confidence presenting complex clinical and formulary concepts to internal stakeholders and client audiences.
• Gain insight into the clinical, financial, and regulatory considerations that shape pharmacy benefit design and drug coverage decisions.
• Collaborate with experienced leaders and subject matter experts across the managed care landscape.
• Strengthen leadership, project management, communication, and strategic thinking through real-world initiatives.
• Gain exposure across key managed care functions including Clinical Product, Specialty Pharmacy, Advanced Utilization Management, Patent, Pipeline and Emerging Therapeutics, and Client Account Management.

Longitudinal Experiences:

• Introductory Sessions with Key Department Leaders
• Commercial Formulary Strategy
• Custom Formulary Strategy
• Medicare Formulary Strategy
• Regulated Markets
• Institute of Clinical Oversight and Guidance
• Residency Project

Minimum Requirements:

• 4th year (Graduation year) or PharmD degree from an ACPE-accredited college or school of pharmacy.
• Pharmacy Licensure in any US State (within 90 days of residency start).
• Proficiency in Microsoft Office, specifically Microsoft Excel and PowerPoint.
• Proficiency in written and verbal communications.
• Strong career interest in Managed Care pharmacy.

Benefits:

• Comprehensive range of benefits, including medical, vision, dental, and well-being and behavioral health programs.
• 401(k).
• Company-paid life insurance.
• Tuition reimbursement.
• Minimum of 18 days of paid time off per year.
• Paid holidays and leaves of absence.

Location:

• Hybrid in Saint Louis, MO; Bloomington, MN; and Morris Plains, NJ.

Salary:

• Anticipated hourly rate of 22 - 37 USD, depending on relevant factors, including experience and geographic location.
• Eligibility to participate in an annual bonus plan.

Job Data by YubHub.