Clinical Pharmacist, Formulary Management

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Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary

The Clinical Pharmacist will be responsible for supporting the creation and maintenance of the CVS Caremark’s standard formularies assuring clinical appropriateness, accuracy and clinical consistency. Responsibilities include supporting clinical workgroups, enterprise formulary initiatives, and additional formulary related clinical activities to meet the organizational and marketplace needs. The role will consult as a subject matter expert facilitating formulary decision-making process and continual enhancement of the formulary management systems for the enterprise, and provide direction to the internal partners to implement downstream formulary activities including adjudication, web/portal, communications, and publications. This position will also assist with the coordination of formulary activities to meet organizational goals, client needs, performance standards, and Plan requirements while ensuring compliance with established Policies and Procedures, Best Practices and applicable regulations and standards. This position requires attention to detail and strict adherence to timelines.

This is a hybrid (3 days/week on-site) position based out of our Buffalo Grove, IL office. Candidate must be willing and able to report to this office location on a regular basis.

Required Qualifications
-3+ years experience in managed care corporate setting

- Demonstrated drug information knowledge.

- MS Office Suite including Access, Excel, Power Point and Visio

- Qualified individual will possess demonstrated working knowledge of Formulary Management in a Commercial environment; Drug File and Adjudication knowledge; and the Pharmacy and Therapeutics Committee decision making process.

- Demonstrated clinical skills and knowledge required.

- Candidate must be located in the Chicago area

Preferred Qualifications
Preference will be given for individuals with in depth knowledge of Formulary Management in the commercial segment.

Education
Bachelors of Science in Pharmacy or PharmD

Licensed Pharmacist in state of residence

Pay Range

The typical pay range for this role is:

$91,386.75 - $196,800.00

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.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  
 
For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 07/31/2024