Description
Launch your managed care career with a premier post-graduate 12-month residency focused on formulary strategy, development, and operational excellence at Evernorth Health Services, a division of The Cigna Group.
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.
Benefits:
- Comprehensive range of benefits, including medical, vision, dental, and well-being and behavioral health programs.
- 401(k).
- Company-paid life insurance.
- Tuition reimbursement.
- Minimum of 18 days of paid time off per year.
- Paid holidays and leaves of absence.
Location:
- Hybrid in Saint Louis, MO; Bloomington, MN; and Morris Plains, NJ.
Salary:
- Anticipated hourly rate of 22 - 37 USD, depending on relevant factors, including experience and geographic location.
- Eligibility to participate in an annual bonus plan.