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Pbm Manager Jobs in Minnesota (NOW HIRING)

Sr Business Analyst

Eden Prairie, MN ยท Remote

$94K - $121K/yr

Required Qualifications: * 5 years of experience in PBM, healthcare technology, enterprise product management, or related healthcare operations environments * Demonstrated experience independently ...

Showing results 21-40

Pbm Manager information

See Minnesota salary details

$23.8K

$76.4K

$146.7K

How much do pbm manager jobs pay per year?

As of Sep 6, 2026, the average yearly pay for pbm manager in Minnesota is $76,447.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,694.00 and $102,505.00 per year, depending on experience, location, and employer.

What is a PBM manager?

A PBM Manager, or Pharmacy Benefit Manager Manager, is a professional responsible for overseeing the relationship between healthcare providers, insurance companies, and pharmacy benefit management companies. They work to ensure that prescription drug benefits are managed efficiently, negotiate contracts, and monitor compliance with regulations. PBM Managers analyze drug utilization data, manage formularies, and help control drug costs while ensuring patients have access to necessary medications. Their role is crucial in optimizing pharmacy benefit programs for employers, health plans, and other organizations.

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

To thrive as a PBM (Pharmacy Benefit Manager) Manager, you need a strong background in pharmacy operations, healthcare management, and a bachelor's degree in pharmacy, healthcare administration, or a related field. Familiarity with pharmacy benefit management systems, claims processing software, and regulatory compliance tools is crucial. Strong analytical skills, leadership, and effective communication are vital soft skills for collaborating with clients, vendors, and internal teams. These competencies are essential to optimize drug benefit programs, ensure regulatory compliance, and deliver value-driven healthcare solutions.

What are some common challenges PBM managers face when coordinating between pharmacies, insurers, and healthcare providers?

PBM Managers often encounter challenges related to balancing the interests of various stakeholders, such as negotiating contracts and ensuring formulary compliance while maintaining cost-effectiveness and patient satisfaction. They must navigate complex regulatory requirements and address discrepancies in drug pricing or reimbursement. Effective communication and problem-solving skills are essential, as the role frequently involves resolving issues that arise from claim disputes, prior authorization processes, and network management. Collaboration with cross-functional teams is key to streamlining operations and optimizing outcomes for all parties involved.

What is the difference between Pbm Manager vs Pbm Analyst?

AspectPbm ManagerPbm Analyst
CredentialsBachelor's degree, certifications like CPhT or PMP often preferredBachelor's degree, certifications like CPhT or relevant industry certifications
Work EnvironmentOversees teams, manages projects, strategic planningAnalyzes data, supports decision-making, reports generation
Employer & Industry UsagePharmacy benefit management companies, healthcare providersPharmacy benefit management companies, healthcare organizations

The Pbm Manager typically handles team leadership, strategic planning, and project management within pharmacy benefit management. In contrast, the Pbm Analyst focuses on data analysis, reporting, and supporting decision-making processes. Both roles require relevant certifications and work within similar healthcare environments, but the Manager has a broader leadership scope while the Analyst specializes in data-driven tasks.

What are the most commonly searched types of Pbm jobs in Minnesota?

The most popular types of Pbm jobs in Minnesota are:

What are popular job titles related to Pbm Manager jobs in Minnesota?

For Pbm Manager jobs in Minnesota, the most frequently searched job titles are:

Infographic showing various Pbm Manager job openings in Minnesota as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 2% Contract, and 1% Nights. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $76,447 per year, or $36.8 per hour.

Manager, Pharmacy Clinical Governance

Medica Health Management LLC

Minnetonka, MN โ€ข On-site

$113.40 - $170.10/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 5 days ago


Job description

Madison, WI, USA

Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for.

Weโ€™re a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration โ€“ because success is a team sport. Itโ€™s our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued.

The Pharmacy Clinical Governance Manager is responsible for leading the development, maintenance, and oversight of the health planโ€™s enterprise clinical pharmacy positions across all drug classes and lines of business (Individual, Commercial, Medicare, and Medicaid). This role ensures consistent, evidenceโ€‘based clinical decision making through strong governance processes, high quality clinical policy and utilization management (UM) criteria, and effective coordination across internal teams and external stakeholders.

The position serves as a central clinical authority supporting P&T and Formulary Value Committees (FVC), drug pipeline preparedness, therapeutic class strategy, and ongoing modernization of clinical criteria โ€“ balancing clinical quality, member access, affordability, and regulatory requirements. Other duties as assigned.

Key Accountabilities
  • Clinical Position Strategy & Governance
    • Establish and oversee clinical position strategy for all drug classes, including specialty, and emerging therapies
    • Ensure consistency, transparency, and evidenceโ€‘based rationale across formulary coverage, UM criteria, and clinical policy decisions
    • Provide governance oversight for clinical escalations, complex coverage questions, and exception resolution
    • Coordinate crossโ€‘functional alignment between clinical pharmacy, UM operations, finance, actuarial, and PBM partner
    • Support governance forums by elevating issues, risks, and recommendations in a structured, decisionโ€‘ready format
  • P&T/FVC Leadership & Drug Evaluation
    • Lead pipeline assessment and drug readiness activities for new molecular entities, biosimilars, expanded indications, and high impact therapies
    • Lead the development of presentation materials for P&T Committee and Formulary Value Committee (FVC) meetings, including:
      • Drug evaluations and monographs
      • Therapeutic class reviews
      • Comparative effectiveness assessments
      • Financial and utilization considerations (in partnership with analytics/actuarial/finance)
    • Develop clear, defensible, evidence based recommendations to support committee decision making
    • Serve as a subject matter expert during committee discussions and executive escalations
  • Therapeutic Class Management
    • Lead therapeutic class strategy reviews to ensure clinical positions remain current with evolving standards of care
    • Evaluate clinical evidence, treatment guidelines, realโ€‘world data, and safety considerations
    • Identify opportunities for clinical optimization, standardization, and alignment across lines of business
    • Recommend updates to clinical positioning based on new evidence or utilization trends
  • Custom Policy Development
    • Oversee custom policy writing for pharmacy and medical benefit drugs
    • Lead development and maintenance of UM clinical criteria, including prior authorization, step therapy, quantity limits, and coverage limitations
    • Conduct policy gap analyses to identify misalignment, outdated criteria, or regulatory risk
    • Ensure timely and clinically appropriate criteria updates, including:
      • NF (Non Formulary) drug criteria
      • Newly approved therapies
      • Safety driven or guideline driven changes
    • Ensure policies and criteria are defensible, auditable, and aligned with regulatory and accreditation standards
  • Oversight, Escalation & Stakeholder Management
    • Manage stakeholder relationships with internal and external partners
    • Communicate clinical strategy clearly to both clinical and non clinical audiences
  • Team Development & Resource Coordination
    • Provide direction, mentorship, and clinical oversight for pharmacists and analysts supporting governance, policy, and P&T work
    • Coordinate workload, prioritization, and resource allocation to ensure timely delivery of clinical deliverables
    • Support knowledge development, standard work, and process improvement within the clinical governance function
Required Qualifications
  • Bachelor's degree in Pharmacy or PharmD required
  • 5+ years of work experience in health plan pharmacy, PBM clinical management, or related clinical leadership role beyond degree
  • 1+ years of leadership experience
Preferred Qualifications
  • Demonstrated experience with:
    • Clinical policy and UM criteria development
    • P&T Committee support and presentations
    • Drug evaluations and therapeutic class reviews
  • Experience working within regulated environments (Medicare and/or Medicaid)
  • Board certification (e.g., BCPS or other relevant specialty)
  • Experience in plan-led or hybrid PBM models
  • Familiarity with accreditation and regulatory frameworks (e.g., CMS, NCQA)
  • Leadership experience overseeing clinical pharmacists or matrixed teams
  • Clinical credibility and sound judgment
  • Strong governance mindset and attention to consistency
  • Ability to translate evidence into practical, defensible clinical positions
  • Executive level presentation and communication skills
  • Collaborative, cross functional leadership

This position is an Office role, which requires an employee to work onsite, on average, 3 days per week. We are open to candidates located near one of the following office locations: Minnetonka, MN, Madison, WI, St. Louis, MO, or Omaha, NE.

The full salary grade for this position is $113,400 - $194,400. While the full salary grade is provided, the typical hiring salary range for this role is expected to be between $113,400 - $170,100. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to base compensation, this position may be eligible for incentive plan compensation in addition to base salary. Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.

The compensation and benefits information is provided as of the date of this posting. Medicaโ€™s compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.

Eligibility to work in the US: Medica does not offer work visa sponsorship for this role. All candidates must be legally authorized to work in the United States at the time of application. Employment is contingent on verification of identity and eligibility to work in the United States.

We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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