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$91

How much do manager formulary jobs pay per hour?

As of Jul 21, 2026, the average hourly pay for manager formulary in the United States is $65.13, according to ZipRecruiter salary data. Most workers in this role earn between $57.69 and $72.12 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Manager Formulary, and why are they important?

To thrive as a Manager Formulary, you need expertise in pharmacy, pharmacology, and healthcare regulations, typically supported by a PharmD degree and relevant licensure. Familiarity with formulary management systems, drug evaluation software, and data analytics tools is essential. Strong leadership, analytical thinking, and effective communication skills help drive collaboration across clinical, operational, and business teams. These skills ensure evidence-based formulary decisions, regulatory compliance, and optimal medication management within healthcare organizations.

What is a Manager Formulary?

A Manager Formulary is a professional responsible for overseeing the selection, maintenance, and management of a healthcare organization's drug formulary. This includes evaluating medications for inclusion, negotiating with pharmaceutical manufacturers, and ensuring the formulary meets clinical, regulatory, and financial goals. They often work closely with pharmacists, physicians, and insurance providers to ensure patients have access to safe and cost-effective medications. Their decisions directly impact drug utilization, patient outcomes, and overall healthcare costs.

What are some common challenges faced by a Manager Formulary, and how can they be addressed?

A Manager Formulary often faces challenges such as balancing cost management with clinical efficacy, staying updated on rapidly changing pharmaceutical trends, and ensuring compliance with regulatory requirements. Effective collaboration with pharmacy and therapeutics committees, healthcare providers, and insurance partners is essential to address these challenges. Staying proactive in gathering and analyzing clinical and financial data, as well as fostering strong communication channels, can help a Manager Formulary make informed decisions that benefit both the organization and patients.
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What are the most commonly searched types of Formulary jobs? The most popular types of Formulary jobs are:
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Manager Formulary jobs near you
Infographic showing various Manager Formulary job openings in the United States as of July 2026, with employment types broken down into 5% As Needed, 80% Full Time, 10% Part Time, 1% Contract, and 4% Summer. Highlights an 89% Physical, 1% Hybrid, and 10% Remote job distribution, with an average salary of $135,464 per year, or $65.1 per hour.
Clinical Account Executive (RPh) - Archimedes

Clinical Account Executive (RPh) - Archimedes

Navitus Health Solutions, LLC

Earth City, MO • On-site, Remote

Full-time

Posted 19 days ago

Job description

Company
Archimedes
About Us
Archimedes - Transforming the Specialty Drug Benefit - Archimedes is the industry leader in specialty drug management solutions. Founded with the goal of transforming the PBM industry to provide the necessary ingredients for the sustainability of the prescription drug benefit - alignment, value and transparency - Archimedes achieves superior results for clients by eliminating tightly held PBM conflicts of interest including drug spread, rebate retention and pharmacy ownership and delivering the most rigorous clinical management at the lowest net cost. .. Current associates must use SSO login option at https://employees-navitus.icims.com/ to be considered for internal opportunities.We are committed to providing equal employment opportunity to all applicants and employees and comply with all applicable nondiscrimination regulations, including those related to protected veterans and individuals with disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or handicap.
Pay Range
USD $0.00 - USD $0.00 /Yr.
STAR Bonus % (At Risk Maximum)
5.00 - Salaried Non-Management except pharmacists
Work Schedule Description (e.g. M-F 8am to 5pm)
M-F 8am-5pm
Remote Work Notification
ATTENTION: Archimedes is unable to offer remote work to residents of Alaska, Arizona, Arkansas, California, Connecticut, Delaware, Hawaii, Idaho, Louisiana, Maine, Massachusetts, Michigan, Mississippi, Montana, Nebraska, Nevada, New Mexico, New York, North Carolina, North Dakota, Oregon, Rhode Island, South Carolina, South Dakota, Utah, Vermont, Washington, West Virginia, And Wyoming.
Overview
Archimedes is a specialty drug management company with industry-leading technology and services that health plans and employer groups can use to manage specialty drug spend. We are expanding our team and looking for a clinical professional who has specialty drug management experience and a passion for cost management. Given our continued growth trajectory, we are looking for a person who can grow with the company.
The Clinical Account Executive (RPh) is responsible for being the clinical expert for all specialty medications across both the pharmacy and the medical benefit. This role will communicate with clients, brokers, consultants, prospects, physicians, nurses, pharmacists, and members related to specialty drugs management.
The Clinical Account Executive (RPh) will be the clinical subject matter expert for formulary and utilization management development and decision making. This role will be divided into two areas: formulary development across pharmacy and medical benefits for specialty drugs and clinical management of accounts.
Responsibilities
How do I make an impact on my team?
  • Develop and deliver clinical messages to physicians, members, clients, and consultants.
  • Manage formulary strategy and clinical policy development.
  • Clinical program development including both medical and pharmacy benefit management .
  • Define, document, and deliver results for plan sponsors.
  • Evaluate and summarize clinical literature as well as financial implications related to medication management options.
  • Complete clinical prior authorizations and retrospective reviews.
  • Present deep clinical and cost effectiveness information as a peer-to-peer consult.
  • Participate in, adhere to, and support compliance, people and culture, and learning programs.
  • Perform other duties as assigned.

Qualifications
What our team expects from you?
  • Education: Graduate of ACPE Accreditation School of Pharmacy with a B.S. Pharmacy or PharmD degree required.

  • Certification/Licenses: Current, unrestricted licensure as a Registered Pharmacist in the state of residence, or the ability to gain reciprocity within 4 months, may be required based on state of residence laws or client contracts. Refer to the Licensure and Credentialing Verification P&P for current detail.
    • Board of Pharmacy Certification preferred for Pharmacotherapy, Ambulatory Care, or Oncology Care.

  • Experience:
    o Pharmacy and Medical specialty benefit knowledge and clinical account management experience required.
    o Former P&T Committee experience or formulary development experience required.
    o 3-5 years clinical or managed care experience or Clinical/Managed Care Pharmacy Residency required.
    o Microsoft Excel, Power Point and Word proficiency required.

Location : Address
502 Earth City Expy STE 300
Location : City
Earth City
Location : State/Province
MO
Location : Postal Code
63045
Location : Country
US

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