Director, Commercial Formulary Management and Strategy - Remote

Director, Commercial Formulary Management & Strategy

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing Together.

As a Director, Commercial Formulary Management & Strategy, you will provide strategic and operational support for OptumRx Commercial formularies. In this capacity, you will partner with trade, clinical, analytics and formulary operations partners to develop, evaluate and execute formulary strategies for OptumRx's standard commercial formularies. This role requires knowledge of the PBM business and operations, strong cross functional collaboration and the ability to drive, articulate and effectively communicate cross-functional strategies to a variety of audiences.

You'll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges.

Primary Responsibilities :

• Lead formulary strategy development, including partnering with utilization management teams, for key therapeutic classes
• Facilitating use of robust modeling and analytics to support formulary strategy development and decisions
• Facilitating cross-functional pipeline review and strategy coordination to proactively anticipate and respond to market changes, including new brand and generic launches
• Assist in the presentation of formulary recommendations to internal stakeholders and assure appropriate communication to clients
• Provide formulary trend insights and identify areas for improvement to optimize formulary strategies
• Oversight of processes of Rx formulary governing body, including developing agendas, creation of background materials and documentation of decisions

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications :

Preferred Qualifications :

Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $132,200 to $226,600 annually based on full-time employment. We comply with all minimum wage laws as applicable.

Application Deadline : This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.