Formulary Operations Pharmacist - Medicare

  • Position ID #: PBM081525CMS
  • Location: Denver - New York City
  • Required Education: PharmD
  • Salary Range: $125,000 - $130,000
  • Required Experience: Two-Four Years
  • Commission Range: N/A
  • Other: Benefits
  • Required Travel: N/A
  • Relocation: N/A

  • Description:
    One of the PBM Industry’s fastest-growing players is seeking a strategic  PharmD Formulary Operations Pharmacist-Medicare professional responsible for providing operational support for the evaluation, implementation, and maintenance of Medicare Part D formularies and utilization management. This role will be instrumental in supporting sales efforts and improving formulary disruption processes and workflows.
     
    Some of the position responsibilities include:
    • Maintain standard and custom formularies for the Medicare line of business in accordance with CMS Medicare guidelines
    • Support development, implementation, maintenance, and quality control of Medicare Part D formularies, utilization management, and clinical adjudication drug lists
    • Identify opportunities for expansion of the low-cost alternative program, aiming to reduce overall drug spend without compromising care.
    • Analyze and interpret prescription claims data to identify trends, potential risks, and opportunities for improvement in formulary strategy.
    • Support Pharmacy and Therapeutics (P&T) committee items, as required.
     
    The compensation plan includes a salary, ranging from $125,000- $135,000 (do/e), plus bonus, equity, and benefits.

    Preferably, this position will be filled in either the New York City OR Denver Metro areas, but it can also be filled remotely.

  • Requirements:
    The ideal candidate for this position must be a PharmD from an accredited institution, with record of strong academic performance.
    • Current, unrestricted registered pharmacist license(s)
    • Residency/fellowship preferred
    • Minimum 2+ years of pharmacy experience working for a health plan or PBM
    • 2-3 years of Medicare experience preferred
    • Understanding of formulary management, claims data analysis, and drug utilization strategies
    • Experience working with large datasets required
    • Proficient in Microsoft Office with strong emphasis on Microsoft Excel and Microsoft PowerPoint
    • Ability to balance multiple complex projects simultaneously
    • Extremely flexible, highly organized, and able to shift priorities easily
    • Attention to detail & commitment to delivering high quality work product

    Qualified candidates should send their resumes in MS Word format to: mail@phoenixhealthsearch.com