Managed Care Resident - Express Scripts (Formulary Solutions)

Cigna Group•Bloomington, MN
•$22 - $37•Hybrid

About The Position

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.

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
  • 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 [email protected]

Nice To Haves

  • 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

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.
  • 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.

Benefits

  • Medical
  • Vision
  • Dental
  • Well-being and behavioral health programs
  • 401(k)
  • Company paid life insurance
  • Tuition reimbursement
  • A minimum of 18 days of paid time off per year
  • Paid holidays
  • Leaves of absence
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