1

Formulary Jobs (NOW HIRING)

Summary The Formulary Administration Pharmacist manages operational aspects of business unit, department; acts as the subject matter expert (SME) to lead and support the execution of strategic ...

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 ...

The Formulary Analyst plays a key role in the configuration, maintenance, and quality assurance of formularies within the RxSense platform. Acting as a subject matter expert, the Analyst supports ...

Position Summary :      The Formulary Analyst plays a key role in the configuration, maintenance, and quality assurance of formularies within the RxSense platform. Acting as a subject matter ...

Formulary Specialist

Hudson, NH · On-site

$53K - $65K/yr

Job Summary Formulary Characterization Specialist will provide internal and external clients and sales personnel with pharmaceutical waste characterization and other data analyses related to the ...

next page

Showing results 1-20

Formulary information

See salary details

$75.5K

$130.4K

$168.5K

How much do formulary jobs pay per year?

As of Jun 29, 2026, the average yearly pay for formulary in the United States is $130,403.00, according to ZipRecruiter salary data. Most workers in this role earn between $118,500.00 and $141,500.00 per year, depending on experience, location, and employer.

What are the primary responsibilities and daily tasks of a Formulary Manager?

A Formulary Manager is responsible for developing, maintaining, and evaluating lists of approved pharmaceutical products for health plans or pharmacy benefit managers. On a typical day, you may review drug utilization data, assess new medications for inclusion, collaborate with clinical teams and advisory committees, and ensure compliance with evolving regulations. The role requires frequent communication with internal stakeholders such as pharmacists, physicians, and health plan administrators, as well as staying current with medical literature and pharmaceutical trends. This mix of analytical and collaborative work ensures that members receive safe, effective, and affordable medication options.

What are the key skills and qualifications needed to thrive in the Formulary position, and why are they important?

To thrive in a Formulary Manager role, you need a deep understanding of pharmaceutical products, pharmacy benefit management, and formulary design, typically supported by a PharmD or relevant healthcare degree. Familiarity with pharmacy claims processing systems, drug information databases, and regulatory standards is essential. Strong analytical thinking, communication, and collaboration skills set top candidates apart. These capabilities are crucial for making evidence-based formulary decisions that balance clinical efficacy, cost-containment, and regulatory compliance.

What is a Formulary job?

A Formulary job typically involves managing and updating a list of approved medications for a healthcare organization, insurance company, or pharmacy benefits manager. Professionals in this role evaluate drug efficacy, cost, and safety to determine which medications should be included in a formulary. They collaborate with healthcare providers, pharmacists, and insurance companies to ensure patients have access to effective and affordable medications. Responsibilities may also include policy development, compliance monitoring, and analyzing drug utilization trends.

More about Formulary jobs
What are the most commonly searched types of Formulary jobs? The most popular types of Formulary jobs are:
What states have the most Formulary jobs? States with the most job openings for Formulary jobs include:
Infographic showing various Formulary job openings in the United States as of June 2026, with employment types broken down into 4% As Needed, 83% Full Time, 12% Part Time, and 1% Contract. Highlights an 90% Physical, 1% Hybrid, and 9% Remote job distribution, with an average salary of $130,403 per year, or $62.7 per hour.
Formulary Operations Specialist

Formulary Operations Specialist

KPH Healthcare Services

East Syracuse, NY • On-site

$30 - $35/hr

Full-time

Posted 7 days ago


Key responsibilities

  • Develop and deliver accurate market trend analyses, drug pipeline maps, and formulary documentation for internal and external stakeholders.

  • Monitor and synthesize market and pipeline trends to support strategic and operational decision-making.

  • Prepare and coordinate draft reviews for submission to the Director of Clinical and Formulary Operations and incorporate feedback to finalize deliverables.


KPH Healthcare Services rating

6.8

Company rating: 6.8 out of 10

Based on 9 frontline employees who took The Breakroom Quiz


Job description

Scope of Responsibilities: The Formulary Operations Specialist serves as a critical member of the Vertex team, responsible for synthesizing and delivering accurate, market trend deliverables to internal and external entities. This role ensures the integrity of drug pipeline maps, market trend analysis, and formulary documentation while maintaining compliance with regulatory standards. The position will create draft reviews for submittal to Director of Clinical and Formulary Operations for approval prior to delivery to various internal and external parties.

 

Job Summary: The Formulary Operations Specialist is a highly independent and structural role within the Vertex team. This member is responsible for monitoring and identifying market changes and trends to ensure Vertex maintains a strong competitive position. This member is also responsible for developing key deliverables for internal and external clients expressing formulary, trends, placement, and differentiating information.


  • Develop and deliver accurate market trend analyses, drug pipeline maps, and formulary documentation for internal and external stakeholders.
  • Ensure the integrity, accuracy, and consistency of formulary-related deliverables across all outputs.
  • Monitor and synthesize market and pipeline trends to support strategic and operational decision-making.
  • Maintain compliance with applicable regulatory and organizational standards in all formulary materials.
  • Prepare and coordinate draft reviews for submission to the Director of Clinical and Formulary Operations.
  • Incorporate feedback and revisions to finalize deliverables prior to distribution.
  • Collaborate cross-functionally to align formulary operations deliverables with business and clinical objectives.
  • Perform other duties as assigned

Education/Licensure:

Required:

  • High School Diploma or GED
  • National Certification as a Pharmacy Technician in good standing

Experience:

Required:

  • Minimum 5 years of experience in drug information, formulary management, or managed care pharmacy.

Preferred:

  • Exposure to cost-effectiveness analysis and integration of clinical insights with financial considerations.
  • Prior involvement in pipeline monitoring and formulary strategy development.
  • Experience collaborating with analytics and finance teams for rebate and formulary optimization.

Job Skills Required:

  • Regulatory Awareness: Understanding of FDA regulations, safety alerts, and compliance requirements for formulary processes.
  • Technical Proficiency: Familiarity with drug information databases (e.g., Medispan, First Data Banks) and formulary management tools.
  • Data Analytics: Ability to interpret formulary data structures and communicate data effectively with finance and analytics teams. Proficiency in Microsoft Excel is required.
  • Communication Skills: Excellent written and verbal communication for preparing informational materials and presenting to committees.
  • Collaboration: Ability to work effectively with clinical, financial, and operational teams to align formulary decisions with organizational goals.
  • Problem-Solving: Strategic thinking to balance clinical and financial considerations in formulary development.

Compensation:

 $30.00-35.00 per hour.

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.