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Senior Director, Formulary Solutions - Evernorth Health Services (Hybrid)
Morris Plains, NJMarch 20th, 2026
The primary role of this position is to lead the strategic formulary development and execution of our Express Scripts standard commercial formulary offerings. An emphasis will be placed on strategically evaluating financial models for optimum formulary value within clinical guidance. This leader will work cross-functionally with Pharma Contracting, Sales & Account Management and Finance partners to proactively evaluate, maintain and enhance formulary strategies, with a focus on innovation. This leader will serve as the primary interface with Sales and Account Management regarding all aspects of standard commercial formularies and will represent our formulary team both internally and externally.ESSENTIAL FUNCTIONS:* Development of commercial formulary strategy.* Oversee execution of formulary financial modeling, operational execution and deployment.* Track and analyze formulary financials.* Innovate, drive and support strategies around emerging formulary trends.* Represent team internally and externally during client meetings, finalists, conferences, etc.QUALIFICATIONS:* Bachelor's degree in Pharmacy, PharmD preferred.* Current U.S. Pharmacist License.* At least 10 years of working in the pharmacy environment with at least 5 years of significant formulary management/development experience.* Strong people leadership experience with the ability to motivate and lead a team in fast paced and competitive environment.* Knowledge of PBM or Healthcare industry.* Advanced problem solving skills with the ability to work cross-functionally to resolve issues and generate results among potentially conflicting constituencies.* Embraces creativity to set a vision for the team in successful resolution of pressing issues.* Track record of developing new and innovative strategies to address business needs.* Demonstrated ability to prioritize and manage a team's work load and meet deadlines.* Able to guide a team towards specific deliverables within an environment of tight deadlines and significant pressure.* Excellent communication skills, including presentations and negotiations.* Ability to handle complex analysis from issue identification to proposal of potential solutions.* Demonstrated ability to evaluate financial data and drive action to create additional value.* Strong business, financial, analytical and organizational skills.* Technology proficiency including Microsoft Office, WebEx, etc.If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.For this position, we anticipate offering an annual salary of 177,100 - 295,100 USD / yearly, depending on relevant factors, including experience and geographic location.This role is also anticipated to be eligible to participate in an annual bonus and long term incentive plan.At The Cigna Group, you'll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, click here.About Evernorth Health ServicesEvernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.Cigna has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.
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