Express Scripts Pharmacy Benefit Services
Managed Care Resident - Express Scripts (Formulary Solutions)
Express Scripts Pharmacy Benefit Services, Morris Plains, New Jersey, us, 07950
Managed Care Resident - Express Scripts (Formulary Solutions)
Join to apply for the
Managed Care Resident - Express Scripts (Formulary Solutions)
role at
Express Scripts Pharmacy Benefit Services Location: Hybrid at an office location with occasional travel. Job Description:
Supply Chain – Formulary Development Residency Overview
Our residency is a 12-month holistic program that provides the resident with a robust foundation in managed care, with a focus on formulary development, management and operational execution. The resident will learn the PBM environment and work cross-functionally with departments including Pharma Contracting & Strategy, Sales & Account Management, Utilization Management, Institute of Clinical Oversight and Guidance, and Finance partners. The residency covers the process for individual client custom formulary development and management and offers insight into how an integrated health services company functions, helping the resident form internal connections. The program prepares the resident for success in various post-residency roles within the organization. Responsibilities
Utilize PBMs clinical guidance to create formulary recommendations Collaborate with Supply Chain partners on Pharma manufacturer rebate contracting Present formulary recommendations to a cross-functional decision making committee Operationalize formulary changes Participate in client facing formulary presentations Monitor formulary changes 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 Excel and PowerPoint Proficiency in written and verbal communications Strong career interest in Managed Care pharmacy Application Materials
Official Pharmacy School Transcript CV Letter of Intent (max 300 words; Explain why you are interested in our program and managed care) 2 Letters of Recommendations (one of each: Preceptor, Supervisor) Application deadline 12/31/25 Location and Work Model
Location: Hybrid in Saint Louis, MO; Bloomington, MN; and Morris Plains, NJ. A hybrid position requires in-person work at the assigned office location more than 50% of the time, with flexibility to work from home for balance. If working from home occasionally or permanently, internet must be through a cable broadband or fiber optic provider with speeds of at least 10 Mbps download/5 Mbps upload. Compensation & Benefits
Anticipated hourly rate: $21 - $36 / hour, depending on experience and location. This role is anticipated to be eligible for an annual bonus plan. Benefits include medical, vision, dental, well-being and behavioral health programs, 401(k) with company match, company-paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For details, see Life at Cigna Group. 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 innovate to make prediction, prevention and treatment more accessible to millions of people. Join us in driving growth and improving lives. The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users where legally permissible. Qualified applicants with criminal histories will be considered for employment in a manner consistent with applicable laws. Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth, pregnancy, or related medical conditions, veteran or military status, religion, national origin, or any other characteristic protected by law.
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Join to apply for the
Managed Care Resident - Express Scripts (Formulary Solutions)
role at
Express Scripts Pharmacy Benefit Services Location: Hybrid at an office location with occasional travel. Job Description:
Supply Chain – Formulary Development Residency Overview
Our residency is a 12-month holistic program that provides the resident with a robust foundation in managed care, with a focus on formulary development, management and operational execution. The resident will learn the PBM environment and work cross-functionally with departments including Pharma Contracting & Strategy, Sales & Account Management, Utilization Management, Institute of Clinical Oversight and Guidance, and Finance partners. The residency covers the process for individual client custom formulary development and management and offers insight into how an integrated health services company functions, helping the resident form internal connections. The program prepares the resident for success in various post-residency roles within the organization. Responsibilities
Utilize PBMs clinical guidance to create formulary recommendations Collaborate with Supply Chain partners on Pharma manufacturer rebate contracting Present formulary recommendations to a cross-functional decision making committee Operationalize formulary changes Participate in client facing formulary presentations Monitor formulary changes 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 Excel and PowerPoint Proficiency in written and verbal communications Strong career interest in Managed Care pharmacy Application Materials
Official Pharmacy School Transcript CV Letter of Intent (max 300 words; Explain why you are interested in our program and managed care) 2 Letters of Recommendations (one of each: Preceptor, Supervisor) Application deadline 12/31/25 Location and Work Model
Location: Hybrid in Saint Louis, MO; Bloomington, MN; and Morris Plains, NJ. A hybrid position requires in-person work at the assigned office location more than 50% of the time, with flexibility to work from home for balance. If working from home occasionally or permanently, internet must be through a cable broadband or fiber optic provider with speeds of at least 10 Mbps download/5 Mbps upload. Compensation & Benefits
Anticipated hourly rate: $21 - $36 / hour, depending on experience and location. This role is anticipated to be eligible for an annual bonus plan. Benefits include medical, vision, dental, well-being and behavioral health programs, 401(k) with company match, company-paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For details, see Life at Cigna Group. 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 innovate to make prediction, prevention and treatment more accessible to millions of people. Join us in driving growth and improving lives. The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users where legally permissible. Qualified applicants with criminal histories will be considered for employment in a manner consistent with applicable laws. Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth, pregnancy, or related medical conditions, veteran or military status, religion, national origin, or any other characteristic protected by law.
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