Medicaid Pharmacy Fellowship

CVS Health; Phoenix (AZ); On-site; USD 45,000 - 65,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Paid time off

Retirement savings

Job summary

CVS Health’s Aetna Managed Medicaid Fellowship invites pharmacists to explore the health plan side of pharmacy benefits management with a focus on utilization management. Fellows engage in clinical and operational activities across Medicaid Pharmacy shared services teams and plans, delivering optimized medication utilization and high-quality outcomes.

The program requires a PharmD from a US-accredited school and licensure within 90 days of hire.

Qualifications

• PharmD graduate of a U.S. accredited program prior to beginning Post-Graduate Training Program at CVS Health.
• Pharmacist licensure within 90 days of hire date.

Responsibilities

• Participate in clinical and operational administration of pharmacy benefit services.
• Focus on utilization management to optimize medication utilization and outcomes.
• Support shared service teams across Medicaid Pharmacy programs and health plans.

Skills

Communication skills

Analytical thinking

Presentation skills

Strong writing

Education

PharmD degree

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Job description

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Position Summary

The Aetna Managed Medicaid Fellowship introduces two pharmacists to the health plan side of pharmacy benefits management with a focus on utilization management. This role is designed to cultivate future Aetna/CVS Health® leaders with exposure to projects across variety of Medicaid Pharmacy shared services teams and individual health plans.
Throughout the year, fellows can expect to be involved in shared service functions for both clinical and operational administration of pharmacy benefit services. Focus on utilization management that delivers optimized medication utilization and high-quality outcomes.

Required Qualifications

• PharmD graduate of a U.S. accredited program prior to beginning Post-Graduate Training Program at CVS Health
• Pharmacist licensure within 90 days of hire date
  

Preferred Qualifications

• Working knowledge of drug information resources
• Effective communication and presentation skills
• Strong writing ability: knowledge of Microsoft Word, Excel, and PowerPoint
• Strong analytical and critical thinking skills
• Travel requirements may include training programs and professional meetings and conferences
• Demonstrated growth mindset and willingness to learn and accept feedback
• Proven track record of high performance
  

Education

PharmD graduate of a U.S. accredited program prior to beginning Post-Graduate Training Program at CVS Health.

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The Typical Pay Range For This Role Is

$45,250.00 - $64,750.00
This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great Benefits For Great People

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.
Additional details about available benefits are provided during the application process and on Benefits Moments.
We anticipate the application window for this opening will close on: 10/09/2026
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.