Managed Care Resident - Express Scripts (Formulary Solutions)

Cigna Health and Life Insurance Company; BLOOMINGTON (MN); Hybrid; USD 30,000 - 51,000; Full time

Benefits offered by this job

Annual Bonus

Tuition Reimbursement

Paid Time Off

Health, Vision, Dental

Job summary

Cigna Health and Life Insurance Company offers a 12-month Formulary Solutions Pharmacy Resident program designed to develop leadership in formulary strategy, development, and operational excellence. The residency provides longitudinal rotations, exploration opportunities, and involvement in commercial, custom, and Medicare formulary initiatives nationwide.

You will analyze therapies, present recommendations, and collaborate with cross-functional teams to implement strategies, gaining exposure to

Qualifications

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

Responsibilities

• 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.

Skills

Written and verbal communication

Interest in managed care pharmacy

Education

PharmD or 4th year student from ACPE-accredited school

Pharmacy licensure in any US state (within 90 days)

Tools

Microsoft Excel

PowerPoint

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 [e-mail]* Application deadline 12/31/26Location: 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.