Managed Care Resident - Formulary Solutions

Job Description

Launch your managed care career with a premier post-graduate 12 month residency focused on formulary strategy, development, and operational excellence. 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

Required: Must upload/attach the following to Workday application

• Official Pharmacy School Transcript
• CV
• Letter of Intent (max 1 page; Explain why you are interested in our program and managed care)
• 2 Letters of Recommendations (one of each: Preceptor, Supervisor) sent to [email protected]
• Application deadline 12/31/26

Location: Hybrid in Saint Louis, MO; Bloomington, MN; and Morris Plains, NJ. A hybrid position means that you will be expected to work in-person at your assigned office location more than 50% of time per week, with flexibility to work at home for balance of time. If the right candidate doesn’t live in one of those 3 areas, virtual will be considered.

If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.For this position, we anticipate offering an hourly rate of 22 - 37 USD / hourly, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus plan.

At The Cigna Group, you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year, paid holidays, and leaves of absence. For more details on our employee benefits programs, click here.

About Evernorth Health Services

Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you need a reasonable accommodation to complete the online application process, please email [email protected] for assistance.  Please note that this email inbox is dedicated to accommodation requests only and cannot provide application updates or accept resumes.

The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.