Pharmacy Intern, Managed Care Formulary Strategy (PharmD student)

Cigna Group • Saint Louis, MO

1d • Hybrid

About The Position

The Pharmacy Intern, Managed Care Formulary Strategy is a full-time summer internship for a PharmD student, running from May 24 through August 13, with flexibility based on university schedules. The intern will work alongside pharmacists, clinical strategists, and business partners, gaining exposure to pharmacy benefit management, drug evaluation, and healthcare market dynamics. The role supports formulary strategies intended to improve affordability, access, and care.

The position is hybrid for interns local to Bloomington, Minnesota, or St. Louis, Missouri, with three days per week in the office and two days remote. Interns outside those cities may work fully remotely. Compensation is $24.00–$28.00 per hour, based on degree program and year of study. Candidates must be eligible to work in the United States without requiring visa support, including H-1B or CPT/OPT/STEM support, now or in the future. For work performed at home occasionally or permanently, internet service must be cable broadband or fiber optic with at least 10 Mbps download and 5 Mbps upload.

Requirements

• Must be enrolled as a full-time Doctor of Pharmacy degree student in an ACPE-accredited school or college of pharmacy; the 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.
• Ability to review details, solve problems, and explain findings clearly.
• Strong writing and speaking skills.
• Ability to work independently and as part of a team.
• Ability to plan work, meet due dates, and act on feedback.
• Basic skills with Microsoft Excel, PowerPoint, and Word.
• Must be eligible for employment in the United States without requiring visa support now or in the future.

Nice To Haves

• 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.

Responsibilities

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed