Senior Manager, Custom Formulary Consultants, CVS Health

CVS Health

Location:
United States, Work at Home, Illinois

Category:
Health and Beauty

Contract Type:
Employment contract

Salary:

75400.00 - 182549.00 USD / Year

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Job Description:

The Senior Manager, Custom Formulary Consultants (CFC) role on the CFC team is a highly visible role responsible for driving strategies to minimize client drug spend. You will be expected to analyze, research, write and edit custom presentations that provide clients with strategic insights around their drug trend. You will work with multiple customer market segments (i.e., Commercial, Managed Medicaid, Med D, Exchange formularies). This role is not solely client facing. There will be heavy emphasis on analytics and other business functions related to overall client financial performance.

Job Responsibility:

Drive strategies to minimize client drug spend
Analyze, research, write and edit custom presentations that provide clients with strategic insights around their drug trend
Work with multiple customer market segments (Commercial, Managed Medicaid, Med D, Exchange formularies)
Heavy emphasis on analytics and other business functions related to overall client financial performance
Assist clients with custom formulary decisions
Understand rebate guarantees, pharmaceutical manufacturer rebate agreements, rebate invoicing, rebate reporting
Analyze rebate and drug utilization reports to understand trends
Provide clients with recommendations on formulary and utilization management strategies
Establish relationships both internally and externally
Articulate potential management strategies with deep understanding of rebate contracts
Assist with strategic initiatives and cross-functional team projects
Modeling and scenario analysis for all Trade Relations therapeutic areas
Direct creation and execution of optimal client presentation strategies
Execute quantitative and qualitative research to develop value proposition scenarios

Requirements:

8+ years of professional work experience within the PBM or Managed Care arenas
Experience establishing relationships with key internal stakeholders to navigate and help execute strategies
Experience working with cross-functional teams and/or projects
Experience in managing multiple competing priorities
Able to travel up to 10% of the time
Bachelor's Degree required
Strong presentation and public speaking skills
Effective communicator
verbal and written

Nice to have:

5-8 years of experience with pharmacy benefit management, health plans, rebates, drug spend and/or formulary strategies
Reporting and analytics experience
Financial acumen
Pharmacist License
Consultant experience
MBA preferred

What we offer:

Affordable medical plan options
401(k) plan with matching company contributions
Employee stock purchase plan
Wellness screenings
Tobacco cessation programs
Weight management programs
Confidential counseling
Financial coaching
Paid time off
Flexible work schedules
Family leave
Dependent care resources
Colleague assistance programs
Tuition assistance
Retiree medical access
Bonus, commission or short-term incentive program
Equity award program

Additional Information:

Job Posted:
October 26, 2025

Expiration:
November 01, 2025

Employment Type:

Fulltime

Work Type:

Remote work

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Senior Manager, Custom Formulary Consultants