Formulary Strategy Manager Pharmacist

Job Summary: The Formulary Strategy Manager is responsible for analyzing market trends, rebate structures, and trade agreements to inform formulary decisions. This individual will work closely with manufacturers, PBMs, and internal stakeholders to ensure formulary strategies align with organizational goals. The role involves monitoring pipeline products, competitive positioning, and trade contract performance to drive formulary optimization and financial outcomes.

Job Duties

• Develop and implement trade-related formulary strategies to optimize rebate opportunities and clinical outcomes.
• Analyze manufacturer contracts, rebate structures, and market dynamics to inform formulary positioning.
• Collaborate with clinical teams to ensure formulary decisions meet evidence-based standards and patient safety requirements.
• Monitor pipeline products and competitive market trends to anticipate formulary impacts.
• Prepare and present formulary strategy recommendations to internal leadership and Formulary Strategy Committee.
• Partner with finance and analytics teams to evaluate cost-effectiveness and rebate performance.
• Ensure compliance with regulatory requirements and contractual obligations related to formulary management.
• Serve as a liaison with trade partners and manufacturers to negotiate and maintain favorable formulary positioning.
• Responsible for completing all mandatory and regulatory training programs.
• Other duties and responsibilities as assigned.