Clinical Pharmacist, Formulary Administration

CVS Health



Chicago, IL


Position summary

Bring your heart to CVS Health Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary

The Clinical Pharmacist will be responsible for supporting the creation and maintenance of the CVS Caremark’s standard formularies assuring clinical appropriateness, accuracy and clinical consistency. Responsibilities include supporting clinical workgroups, enterprise formulary initiatives, and additional formulary related clinical activities to meet the organizational and marketplace needs.
The role will consult as a subject matter expert facilitating formulary decision-making process and continual enhancement of the formulary management systems for the enterprise, and provide direction to the internal partners to implement downstream formulary activities including adjudication, web/portal, communications, and publications. This position will also assist with the coordination of formulary activities to meet organizational goals, client needs, performance standards, and Plan requirements while ensuring compliance with established Policies and Procedures, Best Practices and applicable regulations and standards. This position requires attention to detail and strict adherence to timelines.
Demonstrated Abilities include:
-Identify, analyze and solve problems from a practical perspective
-Produce results by determining timeframes, deadlines and successive steps.
-Negotiate or solve matters involving significant or controversial issues.
-Plan, coordinate or advise others on work effects or progress.
-Resolve problems by influencing or motivating others.
-Analytical, quantitative, mathematical, and interpersonal skills
-Prioritize and handle multiple projects
-Highly motivated
-Dedication to continuous improvement

Required Qualifications

  • 3+ years Pharmacist experience in managed care corporate setting, including drug information knowledge.

-Licensed Pharmacist in good standing in state of residence
-MS Office Suite including Access, Excel, Power Point and Visio
-Qualified individual will possess working knowledge of Formulary Management in Commercial and Medicaid environments; Drug File and Adjudication knowledge; and the Pharmacy and Therapeutics Committee decision making process.

  • Clinical skills and knowledge required.

Preferred Qualifications
Preference will be given for individuals with in depth knowledge of Formulary Management in the commercial and Medicaid segments.


Bachelors of Science in Pharmacy or PharmD. Must be a licensed pharmacist in the state of residence.

Pay Range

The typical pay range for this role is:

$88,https://725.00 - $191,https://100.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 

In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  

For more detailed information on available benefits, please visit

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated. 

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health colleagues can initiate a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through myHR (1-888-694-7287, or through myLeave at myHR). If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.

Why you should apply for a job to CVS Health:

  • 61% say women are treated fairly and equally to men

  • 52% say the CEO supports gender diversity

  • Ratings are based on anonymous reviews by Fairygodboss members.