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Formulary Management Analyst Jobs (NOW HIRING)

Pharmacy Careers

Formulary Management Pharmacist

Tulsa, OK · On-site

$50.50 - $60.75/hr

Formulary Management Pharmacist - Influence Therapy Access at Scale | Hybrid/Remote Friendly Shape ... Analyze clinical trial data, cost-effectiveness, and therapeutic outcomes to support ...

Pharmacy Careers

Formulary Management Pharmacist

Newark, DE · On-site

$57.25 - $68.75/hr

Formulary Management Pharmacist - Influence Therapy Access at Scale | Hybrid/Remote Friendly Shape ... Analyze clinical trial data, cost-effectiveness, and therapeutic outcomes to support ...

Pharmacy Careers

Formulary Management Pharmacist

Miami, FL · On-site

$55.75 - $67/hr

Formulary Management Pharmacist - Influence Therapy Access at Scale | Hybrid/Remote Friendly Shape ... Analyze clinical trial data, cost-effectiveness, and therapeutic outcomes to support ...

Pharmacy Careers

Formulary Management Pharmacist

Katy, TX · On-site

$53.50 - $64.25/hr

Formulary Management Pharmacist - Influence Therapy Access at Scale | Hybrid/Remote Friendly Shape ... Analyze clinical trial data, cost-effectiveness, and therapeutic outcomes to support ...

Pharmacy Careers

Formulary Management Pharmacist

Fargo, ND · On-site

$57.25 - $68.75/hr

Formulary Management Pharmacist - Influence Therapy Access at Scale | Hybrid/Remote Friendly Shape ... Analyze clinical trial data, cost-effectiveness, and therapeutic outcomes to support ...

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How much do formulary management analyst jobs pay per hour?

As of Sep 10, 2026, the average hourly pay for formulary management analyst in the United States is $31.53, according to ZipRecruiter salary data. Most workers in this role earn between $25.24 and $35.82 per hour, depending on experience, location, and employer.

What is a formulary management analyst?

A Formulary Management Analyst is a healthcare professional responsible for evaluating and maintaining the list of prescription medications covered by a health insurance plan, known as a formulary. They analyze drug utilization data, assess the clinical effectiveness and cost of medications, and collaborate with pharmacists, physicians, and insurance providers to ensure the formulary is both clinically appropriate and cost-effective. Their work helps ensure patients have access to necessary medications while managing costs for healthcare organizations.

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

To thrive as a Formulary Management Analyst, you need a solid background in pharmacy, healthcare policy, and data analysis, often supported by a degree in pharmacy, healthcare administration, or a related field. Familiarity with formulary management systems, pharmacy benefit management (PBM) software, and data analytics tools like Excel or SQL is typically required. Analytical thinking, attention to detail, and strong communication skills help analysts collaborate with stakeholders and ensure accurate formulary updates. These skills are crucial for optimizing drug formularies, controlling costs, and maintaining regulatory compliance in healthcare organizations.

What are some common challenges faced by formulary management analysts when collaborating with pharmacy and medical teams?

Formulary Management Analysts often encounter challenges navigating differing priorities between pharmacy and medical teams, particularly when balancing cost-effectiveness with clinical outcomes. Communication is key, as analysts must translate complex drug utilization data into actionable insights for diverse stakeholders. Additionally, keeping up with rapidly changing pharmaceutical products and regulatory requirements demands strong analytical skills and ongoing education. Successful collaboration often involves facilitating consensus among teams to ensure formulary decisions align with both patient care standards and organizational goals.

What are popular job titles related to Formulary Management Analyst jobs?

For Formulary Management Analyst jobs, the most frequently searched job titles are:

Infographic showing various Formulary Management Analyst job openings in the United States as of September 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $65,589 per year, or $31.5 per hour.

Formulary Management Pharmacist

Tulsa, OK • On-site

Pharmacy Careers
See more jobs at Pharmacy Careersexternal

$50.50 - $60.75/hr

Other

Posted 26 days ago

Job description

Formulary Management Pharmacist - Influence Therapy Access at Scale | Hybrid/Remote Friendly
Shape which medications patients can access by evaluating new drugs, analyzing clinical and economic data, and supporting P&T; Committee decisions. This role offers strong intellectual challenge and often hybrid or remote flexibility.
Key Responsibilities

  • Evaluate and review new drug products for formulary inclusion or exclusion.
  • Analyze clinical trial data, cost-effectiveness, and therapeutic outcomes to support recommendations.
  • Collaborate with Pharmacy & Therapeutics (P&T;) Committees on formulary decisions.
  • Maintain and update formulary lists in compliance with health-plan, PBM, and regulatory standards.
  • Provide clinical support for utilization management, prior-authorization criteria, and step-therapy guidelines.
What You'll Bring
  • Education: PharmD or Bachelor of Pharmacy.
  • Licensure: Active U.S. pharmacist license.
  • Experience: Managed care, PBM, or health-plan ideal. All pharmacists interested in formulary and policy work are encouraged to apply.
  • Skills: Strong analytical ability, interpretation of clinical research, and excellent written communication.
Why This Role?
  • Influence therapy access decisions that affect large populations.
  • Gain specialized expertise in managed-care pharmacy.
  • Many positions are hybrid or remote-friendly.
  • Competitive pay, benefits, and professional development.

About Us
We are a confidential healthcare organization working with PBMs, insurers, and health systems nationwide. Our pharmacists drive evidence-based decisions that balance patient care with responsible resource use.
Apply Today
Take the next step - apply now for our Formulary Management Pharmacist opening and make your expertise count system-wide.

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