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Director Formulary Management Jobs (NOW HIRING)

The Regional Sales Director is accountable for leading regional sales performance and launch ... Understanding of hospital decision-making processes, clinical pathways, formulary management, and ...

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Director Formulary Management information

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$23.5K

$121.5K

$189.5K

How much do director formulary management jobs pay per year?

As of Aug 21, 2026, the average yearly pay for director formulary management in the United States is $121,522.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,000.00 and $147,500.00 per year, depending on experience, location, and employer.

What is a director of formulary management?

A Director of Formulary Management is a senior healthcare professional responsible for overseeing the development, implementation, and maintenance of a drug formulary within a health plan or pharmacy benefit management (PBM) organization. This role involves managing the selection of medications covered by insurance, evaluating clinical and cost-effectiveness of drugs, and ensuring the formulary aligns with regulatory requirements and organizational goals. Directors work closely with pharmacists, physicians, and other stakeholders to optimize medication access and quality of care while controlling costs.

What are the key skills and qualifications needed to thrive as a director of formulary management?

To thrive as a Director of Formulary Management, you need deep expertise in pharmacy, pharmacoeconomics, and healthcare management, typically supported by a PharmD or similar degree and relevant work experience. Familiarity with formulary management software, drug information databases, and data analytics tools is essential, along with certifications like BCPS (Board Certified Pharmacotherapy Specialist) being advantageous. Strong leadership, negotiation skills, and the ability to collaborate across clinical and business teams are critical soft skills. These competencies are vital to ensure effective medication selection, cost control, compliance, and alignment with organizational and patient care goals.

What are some common challenges faced by a director of formulary management when balancing clinical and financial priorities?

A Director of Formulary Management often encounters the challenge of aligning clinical efficacy with cost-effectiveness when making formulary decisions. Balancing the needs of patients, providers, and payers requires collaboration with pharmacy and therapeutics committees, as well as staying current with emerging therapies and drug trends. Navigating negotiations with pharmaceutical manufacturers, managing utilization, and addressing regulatory requirements are additional complexities. Success in this role involves strong analytical skills, clear communication, and the ability to make evidence-based decisions that support both quality care and budgetary goals.

What is the difference between Director Formulary Management vs Pharmacist?

AspectDirector Formulary ManagementPharmacist
CredentialsAdvanced degree (PharmD), often with management certificationsPharmD degree, state licensure
Work EnvironmentHealthcare organizations, insurance companies, pharmacy benefit managersCommunity pharmacies, hospitals, clinics
Industry UsageStrategic formulary decisions, policy developmentDispensing medications, patient counseling

While both roles involve medication management, the Director of Formulary Management focuses on strategic formulary policies and oversight, often in administrative or managerial settings. Pharmacists primarily dispense medications and provide patient care. The roles complement each other but differ in scope and responsibilities.

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Infographic showing various Director Formulary Management job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $121,522 per year, or $58.4 per hour.

Regional Sales Director - Southwest

GlaxoSmithKline

Phoenix, AZ • On-site

Full-time

Posted 20 days ago


GlaxoSmithKline rating

8.9

Company rating: 8.9 out of 10

Based on 19 frontline employees who took The Breakroom Quiz

9th of 86 rated pharmaceutical


Job description

The Regional Sales Director is accountable for leading regional sales performance and launch excellence within a specific geographical area and/or aligned to specific hospital or large group practice accounts. This role leads and develops Account Managers to execute regional business plans, drive demand generation and appropriate product utilization, and achieve sales objectives in a compliant manner.

The Regional Sales Director provides field leadership across a complex and matrixed commercial environment, partnering with sales leadership, commercial operations, marketing, market access, account management, and other cross-functional partners. This role translates national strategy into regional execution, monitors local market dynamics and team performance, and provides feedback on market conditions, customer insights, and marketing tactics.

  • Recruit, hire, coach, develop, and manage Account Managers to build a high-performing regional team

  • Lead regional launch execution to drive awareness, demand generation, appropriate utilization, and sales performance for the launch product.

  • Develop and execute regional business plans that prioritize key accounts, customer segments, market opportunities, and resource allocation.

  • Provide effective leadershipto the sales team to compliantly meet and exceed sales targets.

  • Execute the approved marketing planwith the regional team to maximize market penetration

  • Identify and monitor local market conditionsto build strong customer relationships and adapt strategies accordingly.

  • Ensure timely and effective deliveryof marketing and sales tactics within the region.

  • Collaborate on goal setting and performance measuresat all levels to ensure achievement.

  • Leverage data, dashboards, and performance insights to monitor business results, identify performance gaps, coach Account Managers, optimize execution, and guide resource allocation to achieve client and organizational objectives.

  • Set clear performance expectations, provide ongoing coaching and feedback, and manage performance and disciplinary matters to ensure accountability, compliance, and a high-performing team culture.

  • Conduct regular field ride-alongswith account managers to provide hands-on coaching

  • Build a high-performing, accountable culture that drives achievement, engagement, development, and retention.

  • Ensure compliancewith all field activities and company guidelines.

Why you?

Basic Qualifications:

  • BA/BS degree from an accredited institution.

  • Valid driver's license.

  • Minimum of 7 years of experience in pharmaceutical, medical, or related medical sales

  • Minimum 2 years of successful district/regional field management experience

  • Experience in leading teams in hospitals, health systems and large practice groups

  • Understanding of hospital decision-making processes, clinical pathways, formulary management, and antimicrobial stewardship programs.

Preferred Qualifications:

  • Proven top tier success leading high-performing hospital, specialty, or account-based sales teams in complex healthcare environments

  • Demonstrated experience launching specialty, anti-infective, infectious disease, or hospital-based products with accountability for performance against launch objectives.

  • Deep understanding of hospital, health-system and/or large practice group decision-making processes, including formulary management, antimicrobial stewardship programs, clinical pathways, protocol development and demand generation.

  • Experience leading teams that engage multiple stakeholders, including clinical/non-clinical customers

  • Strong account management leadership experience within IDNs, health systems, academic medical centers, and/or large group practice organizations.

  • Demonstrated ability to coach and develop account managers on strategic account planning, stakeholder mapping, business acumen, execution excellence and driving sales.

  • Proven success working within highly matrixed organizations and leading coordinated execution across sales, market access, reimbursement, organized provider accounts, medical affairs, and marketing functions.

  • Experience translating access wins, formulary approvals, and protocol adoption into sustained product utilization and prescribing behavior.

  • Strong analytical skills with a track record of using data, account insights, and performance metrics to drive business results and resource allocation decisions.

  • Demonstrated excellence in building culture, talent development, and performance management during periods of rapid growth or launch readiness.

  • Anti-infective, hospital specialty, or infectious disease experience strongly preferred.

  • Experience leading teams responsible for access enablement and/or demand generation activities across hospital accounts preferred

  • MBA or advanced healthcare/business degree preferred.

Leadership Capabilities:

  • Accountability

  • Strategic Thinking

  • Coaching Excellence

  • Business Acumen

  • Matrix Leadership

  • Stakeholder Influence

  • Enterprise Collaboration

  • Execution Discipline

Skills:

  • Demonstrated abilityto adhere to all regulatory, legal, and compliance standards.

  • Exceptional presentation and selling skills, coupled with strong business acumen.

  • Proficiency in computer skills, including Microsoft Office.

  • Excellent oral and written communication skills.

  • Strong analytical and technical abilities, with a focus on customer service to exceed business goals.

Requirements:

  • Willingness to travel up to 50%, including overnight travel

  • Ability to lift and/or move up to 35 pounds

.

#LI-GSK

#LI-Remote

#GSKCommercial

#GSKUrology


Skills

Account Management, Cross-Functional Work, Data to Insights, Digital Fluency, Omnichannel, Scientific Literacy

Please visit GSK US Benefits Summary to learn more about the comprehensive benefits program GSK offers US employees.

Why GSK?

Uniting science, technology and talent to get ahead of disease together.

GSK is a global biopharma company with a purpose to unite science, technology and talent to get ahead of disease together. We aim to positively impact the health of 2.5 billion people by the end of the decade, as a successful, growing company where people can thrive. We get ahead of disease by preventing and treating it with innovation in specialty medicines and vaccines. We focus on four therapeutic areas: respiratory, immunology and inflammation; oncology; HIV; and infectious diseases - to impact health at scale.

People and patients around the world count on the medicines and vaccines we make, so we're committed to creating an environment where our people can thrive and focus on what matters most. Our culture of being ambitious for patients, accountable for impact and doing the right thing is the foundation for how, together, we deliver for patients, shareholders and our people.

If you require an accommodation or other assistance to apply for a job at GSK, please contact the appropriate Recruitment Staff by emailing us at -usrecruitment.adjustments@gsk.com

GSK is an Equal Opportunity Employer. This ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), military service or any basis prohibited under federal, state or local law.

Important notice to Employment businesses/ Agencies

GSK does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact GSK's commercial and general procurement/human resources department to obtain prior written authorization before referring any candidates to GSK. The obtaining of prior written authorization is a condition precedent to any agreement (verbal or written) between the employment business/ agency and GSK. In the absence of such written authorization being obtained any actions undertaken by the employment business/agency shall be deemed to have been performed without the consent or contractual agreement of GSK. GSK shall therefore not be liable for any fees arising from such actions or any fees arising from any referrals by employment businesses/agencies in respect of the vacancies posted on this site.

Please note that if you are a US Licensed Healthcare Professional or Healthcare Professional as defined by the laws of the state issuing your license, GSK may be required to capture and report expenses GSK incurs, on your behalf, in the event you are afforded an interview for employment. This capture of applicable transfers of value is necessary to ensure GSK's compliance to all federal and state US Transparency requirements. For more information, please visit the Centers for Medicare and Medicaid Services (CMS) website at https://openpaymentsdata.cms.gov/


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About GlaxoSmithKline

Sourced by ZipRecruiter

GlaxoSmithKline is a globally recognized pharmaceutical and healthcare company based in Philadelphia, PA, USA. Originated from a merger between Glaxo Wellcome and SmithKline Beecham in 2000, the company excels in the pharmaceutical industry and holds a leading position in making medicines, vaccines, and consumer healthcare products. GSK's mission is to improve the quality of human life by enabling people to do more, feel better, and live longer. They adhere to core values of transparency, integrity, respect for people, and patient-focus, reflecting in their endeavors to conduct research and deliver innovative healthcare solutions to patients and consumers worldwide.

Industry

Scientific research and development services

Company size

10,000+ Employees

Headquarters location

Philadelphia, PA, US