Role Description
Responsible for developing, implementing, maintaining, and evaluating pharmacy and medical-pharmacy formularies across all lines of business. This position serves as a clinical subject matter expert supporting formulary strategy, Pharmacy and Therapeutics (P&T) Committee decisions, coverage management programs, and formulary governance activities to ensure safe, effective, clinically appropriate, compliant, and cost-effective medication use while supporting organizational and member health outcomes.
Location: This position is located at 4101 Percival Road, Columbia SC. You will work the typical hours of 8am - 5pm, Monday through Friday. This position is eligible for a remote schedule after training.
What You'll Do:
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Develops, maintains, and optimizes pharmacy and medical-pharmacy formularies across assigned lines of business.
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Evaluates formulary performance, implements approved formulary decisions, and supports formulary governance activities to ensure accurate and timely formulary administration.
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Collaborates with internal and external stakeholders to support formulary design, implementation, and continuous improvement efforts.
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Evaluates clinical literature, treatment guidelines, FDA approvals, and therapeutic alternatives to support formulary decision-making.
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Prepares clinical reviews, drug monographs, and formulary analyses and provides recommendations regarding formulary additions, exclusions, restrictions, and other coverage strategies.
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Supports Pharmacy and Therapeutics Committee activities and implementation of approved recommendations.
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Supports formulary operational activities by maintaining the accuracy and integrity of formulary information within pharmacy systems, formulary databases, and vendor platforms.
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Supports formulary coding, configuration, and implementation activities, including maintenance and validation of drug classifications, NDC, HCPCS, J-code, GPI, and related formulary information.
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Performs testing, validation, and quality assurance activities to ensure formulary changes are accurately implemented and reflected in member-facing and provider-facing materials.
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Identifies and resolves issues that may affect benefit administration, claims processing, regulatory compliance, or member access to medications.
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Collaborates with Clinical Pharmacy and Utilization Management teams to ensure alignment between formulary strategies and medication management programs.
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Supports the implementation and administration of prior authorization, step therapy, quantity limit, site-of-care, and specialty medication strategies.
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Participates in initiatives designed to improve medication utilization, quality outcomes, affordability, and consistency across pharmacy and medical-pharmacy benefits.
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Supports compliance with applicable regulatory, accreditation, and organizational requirements related to formulary management activities.
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Maintains documentation supporting formulary decisions, participates in audits and regulatory reviews, and monitors industry and regulatory developments affecting pharmacy benefit management.
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Collaborates with cross-functional stakeholders to ensure effective implementation of formulary initiatives and achievement of business objectives.
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Assist in special projects as assigned by management.
Qualifications
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Doctor of Pharmacy (PharmD)
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3 years of job-related experience
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Healthcare Common Procedure Coding Systems (HCPCS)
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Regulatory Knowledge
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Data Quality
Requirements
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Active, unrestricted Pharmacist license in the United States and state of hire.
Benefits
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Subsidized health plans, dental and vision coverage
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401k retirement savings plan with company match
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Life Insurance
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Paid Time Off (PTO)
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On-site cafeterias and fitness centers in major locations
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Education Assistance
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Service Recognition
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National discounts to movies, theaters, zoos, theme parks and more