Pharmacy Intern, Managed Care Formulary Strategy (PharmD student)

Cigna Health and Life Insurance Company; Cool Valley (MO); Hybrid; USD 33,000 - 39,000; Full time

Job summary

The Cigna Group's Evernorth Health Services is seeking a Pharmacy Intern to support formulary decision-making, drug evaluation, and market analysis across therapeutic categories. You will work with pharmacists and clinical strategists, preparing materials for stakeholders while learning PBM operations and healthcare market dynamics.

The role is a full-time summer internship (40 hours/week) with hybrid on-site work in Bloomington, MN or St.

Qualifications

• Currently enrolled full-time in an ACPE-accredited PharmD program, rising 3rd year.
• Interest in managed care, formulary management and pharmacy strategy.
• Ability to review details, solve problems, and explain findings clearly.
• Strong writing and speaking skills; able to work independently or in a team.
• Ability to plan work, meet due dates, and act on feedback.
• Basic skills with Microsoft Excel, PowerPoint, and Word.

Responsibilities

• Work with pharmacists and clinical strategists to learn PBM, drug evaluation, and market dynamics.
• Support review and analysis of medications across therapeutic areas.
• Research new drug launches, pipeline products, and clinical trends.
• Collect and summarize clinical, financial, and market information for formulary strategy discussions.
• Prepare presentations, reports, and materials for internal stakeholders.
• Analyze formulary and utilization data to identify trends and opportunities.
• Participate in cross-functional meetings with clinical, strategy, and operations partners.
• Support special projects related to formulary management and program development.
• Contribute to process improvement and knowledge management initiatives.

Skills

Strong writing and speaking skills

Team collaboration

Problem solving

Ability to plan and meet deadlines

Education

Pharmacy Doctorate candidate (PharmD)

Tools

Excel

PowerPoint

Word

Job description

Build Better Pharmacy Solutions Help shape the clinical and strategic work that supports formulary decision-making. As a Pharmacy Intern, you’ll work alongside experienced professionals while gaining exposure to pharmacy benefit management, drug evaluation, and healthcare market dynamics. You’ll use data, clinical insights, and new ideas to support strategies that improve affordability, access, and care.

What You’ll Do

• Work with pharmacists, clinical strategists, and business partners while learning pharmacy benefit management, drug evaluation, and healthcare market dynamics.
• Support the review and analysis of medications across therapeutic categories.
• Research new drug launches, pipeline products, and emerging clinical trends.
• Collect, organize, and summarize clinical, financial, and market information for formulary strategy discussions.
• Prepare presentations, reports, and other materials for internal stakeholders.
• Analyze formulary and utilization data to identify trends and potential opportunities.
• Participate in cross-functional meetings with clinical, strategy, account management, and operations partners.
• Support special projects related to formulary management, pipeline monitoring, and clinical program development.
• Contribute to process improvement and knowledge management initiatives.

Required Qualifications

• Candidates must be enrolled as full-time Doctor of Pharmacy degree students in an ACPE-accredited school or college of pharmacy, ideal candidate will be a rising PharmD 3 student, between the second and third professional years when the internship starts.
• Interest in managed care, formulary management and development, and pharmacy strategy.
• Able to review details, solve problems, and explain findings in clear terms.
• Strong writing and speaking skills.
• Able to work on your own and with a team.
• Able to plan your work, meet due dates, and act on feedback.
• Basic skills with Microsoft Excel, PowerPoint, and Word.

Preferred Qualifications

• Coursework in drug therapy, health economics, epidemiology, managed care, or a related field.
• Experience with research, data review, or literature reviews.
• Knowledge of drug development, care guidelines, pharmacy benefits, or formulary concepts.
• Experience with managed care and health plan PBMs, a plus

Additional Information

Location: Pharmacy Interns may be onsite working a hybrid schedule, spending three days per week in our Bloomington, MN or St. Louis, MO office and two days working remotely, if local to those areas. Fully remote if outside of those cities.

Schedule: This is a full-time summer internship (40 hours per week) running from May 24 through August 13th with flexibility offered based on University Schedules.

Compensation: Hourly pay ranges from $24.00 - $28.00, based on degree program, and year of study.

Work Authorization:This position is open only to individuals who are eligible for employment in the United States and who would not require visa support including H-1B or CPT/OPT/STEM, etc., now or in the future. 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.

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 [e-mail] 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.

Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.