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Contractual Pbm Pharmacist Jobs (NOW HIRING)

Ensure compliance with regulatory requirements and contractual obligations related to formulary ... Prior experience in PBM, GPO, or pharmaceutical trade negotiations preferred * Familiarity with ...

Senior CSM, PBM

$125K - $145K/yr

Ability to track and identify issues and risks that are not being met per contractual obligations ... and pharmacists into a patient's care journey through a modern, mobile app. Rightway is a front ...

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Contractual Pbm Pharmacist information

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How much do contractual pbm pharmacist jobs pay per hour?

As of Aug 21, 2026, the average hourly pay for contractual pbm pharmacist in the United States is $60.91, according to ZipRecruiter salary data. Most workers in this role earn between $56.01 and $67.31 per hour, depending on experience, location, and employer.

What is a contractual PBM pharmacist?

Contractual PBM Pharmacists are licensed pharmacists who work on a contract basis for Pharmacy Benefit Managers (PBMs). They are responsible for reviewing medication claims, ensuring formulary compliance, and helping to manage prescription drug benefit plans. Unlike staff pharmacists, they may be hired for specific projects or to cover temporary staffing needs. Their work helps PBMs optimize drug utilization, control costs, and ensure patients receive appropriate medication therapies.

What are the most common challenges faced by a contractual PBM pharmacist when working with multiple healthcare providers and insurance plans?

A Contractual PBM Pharmacist often navigates complex formularies, prior authorization requirements, and diverse medication management guidelines from various insurance plans. Coordinating with physicians, patients, and insurers to ensure cost-effective, evidence-based medication therapy can be challenging, especially when dealing with coverage restrictions or frequent plan updates. Strong communication skills, attention to detail, and adaptability are essential for successfully managing these dynamic interactions and ensuring patients receive optimal pharmaceutical care.

What are the key skills and qualifications needed to thrive as a contractual PBM pharmacist, and why are they important?

To thrive as a Contractual PBM Pharmacist, you need a Doctor of Pharmacy (PharmD) degree, state pharmacist licensure, and a strong understanding of pharmacy benefit management and formulary design. Familiarity with PBM software systems, claims processing platforms, and knowledge of regulatory compliance are typically required. Attention to detail, effective communication, and strong problem-solving abilities help distinguish top performers in this field. These skills are essential to ensure accurate medication management, compliance with policies, and optimal cost-effectiveness for patients and healthcare plans.

What is the difference between Contractual Pbm Pharmacist vs Staff Pharmacist?

AspectContractual Pbm PharmacistStaff Pharmacist
CredentialsLicensed Pharmacist, often with PBM-specific certificationsLicensed Pharmacist, with state licensure
Work EnvironmentPharmacy benefit management companies, corporate officesCommunity pharmacies, hospitals
Employer & IndustryPharmacy benefit managers, insurance companiesRetail chains, hospitals

Contractual Pbm Pharmacists primarily work in PBM companies focusing on formulary management and claims processing, while Staff Pharmacists work directly with patients in retail or hospital settings. Both roles require licensure, but their work environments and daily responsibilities differ significantly.

More about Contractual Pbm Pharmacist jobs

What cities are hiring for Contractual Pbm Pharmacist jobs?

Cities with the most Contractual Pbm Pharmacist job openings:

What are the most commonly searched types of Pbm Pharmacist jobs?

The most popular types of Pbm Pharmacist jobs are:

What states have the most Contractual Pbm Pharmacist jobs?

States with the most job openings for Contractual Pbm Pharmacist jobs include:

Infographic showing various Contractual Pbm Pharmacist job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% Remote job distribution, with an average salary of $126,701 per year, or $60.9 per hour.

Formulary Strategy Pharmacist Manager

ProAct

Boston, MA • On-site

$120K - $125K/yr

Full-time

Re-posted 18 days ago


Job description

Scope of Responsibilities: The Formulary Strategy Manager, Trade (RPh) will lead the development and execution of trade-related formulary strategies for the organization’s proprietary formularies. This role focuses on optimizing formulary positioning to maximize rebate opportunities, ensure clinical appropriateness, and maintain compliance with contractual and regulatory requirements. The position requires strong clinical knowledge, trade negotiation insight, and the ability to collaborate across clinical, financial, and operational teams.

 

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.

  • 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.

Job Skills Required:

  • Strong knowledge of formulary management, rebate structures, and trade agreements.
  • Clinical expertise in pharmacotherapy and evidence-based medicine.
  • Ability to interpret and analyze financial and contractual data.
  • Excellent negotiation and relationship management skills.
  • Proficiency in Microsoft Excel, Power BI, and other analytical tools.
  • Strong written and verbal communication skills for technical and non-technical audiences.
  • Ability to manage multiple priorities in a fast-paced environment.

Education:

  • Doctor of Pharmacy (PharmD) or Bachelor of Science in Pharmacy required
  • Active Registered Pharmacist (RPh) license in good standing required
  • Completion of a Drug Information or Managed Care Pharmacy residency preferred
  • Advanced training or certification in pharmacotherapy, formulary management, or evidence-based medicine preferred

Experience:

  • Minimum 3–5 years of experience in formulary management, trade relations, or managed care pharmacy required
  • Experience analyzing rebate structures and manufacturer contracts required
  • Prior experience in PBM, GPO, or pharmaceutical trade negotiations preferred
  • Familiarity with pipeline monitoring and formulary strategy development preferred
  • Exposure to cost-effectiveness analysis and financial modeling preferred

Compensation:

$120,000-125,000 per year.

The final offer will be determined after careful consideration of multiple factors such as relevant skills, years of experience and education. 

KPH Healthcare Services, Inc. is a multistate organization and abides by all local, state and federal regulations as it pertains to minimum wage requirements.

#CORP1

Qualifications:

Job Skills Required:

  • Strong knowledge of formulary management, rebate structures, and trade agreements.
  • Clinical expertise in pharmacotherapy and evidence-based medicine.
  • Ability to interpret and analyze financial and contractual data.
  • Excellent negotiation and relationship management skills.
  • Proficiency in Microsoft Excel, Power BI, and other analytical tools.
  • Strong written and verbal communication skills for technical and non-technical audiences.
  • Ability to manage multiple priorities in a fast-paced environment.

Education:

  • Doctor of Pharmacy (PharmD) or Bachelor of Science in Pharmacy required
  • Active Registered Pharmacist (RPh) license in good standing required
  • Completion of a Drug Information or Managed Care Pharmacy residency preferred
  • Advanced training or certification in pharmacotherapy, formulary management, or evidence-based medicine preferred

Experience:

  • Minimum 3–5 years of experience in formulary management, trade relations, or managed care pharmacy required
  • Experience analyzing rebate structures and manufacturer contracts required
  • Prior experience in PBM, GPO, or pharmaceutical trade negotiations preferred
  • Familiarity with pipeline monitoring and formulary strategy development preferred
  • Exposure to cost-effectiveness analysis and financial modeling preferred

Compensation:

$120,000-125,000 per year.

The final offer will be determined after careful consideration of multiple factors such as relevant skills, years of experience and education. 

KPH Healthcare Services, Inc. is a multistate organization and abides by all local, state and federal regulations as it pertains to minimum wage requirements.

#CORP1

Education:UNAVAILABLEEmployment Type: FULL_TIME