The Evernorth Formulary Solutions Residency is a 12-month immersive program designed to build a strong foundation in formulary strategy and execution. Residents gain hands-on experience across the full formulary lifecycle-from pipeline strategy to operational implementation. This residency offers a unique lens into the PBM environment and the inner workings of an integrated health services company, preparing participants for impactful post-residency roles within the organization.
Program Highlights
- Comprehensive Lifecycle Exposure: Residents engage in every stage of the formulary process-from pipeline strategy to operational execution-gaining a well-rounded understanding of the PBM landscape.
- Formulary Financial Modeling: create and present formulary recommendations for our marquee formulary
- Cross-Functional Collaboration: The program fosters interaction with key departments such as Pharma Contracting, Sales, Clinical Oversight, and Finance, helping residents build a strong internal network and broaden their strategic perspective.
- Client-Centric Learning: Residents learn to develop and manage custom formularies tailored to individual client needs, enhancing adaptability and real-world application.
- Career Pathway Focus: Designed to support long-term career growth, the residency equips participants for meaningful roles within Evernorth following program completion.
Longitudinal Experiences
- Introductory Sessions with Key Department Leaders
- Commercial Formulary Strategy
- Custom Formulary Strategy
- Medicare Formulary Strategy
- Regulated Markets
- Institute of Clinical Oversight and Guidance
- Residency Project
Rotational Opportunities
- Clinical Product
- Specialty Pharmacy
- Advanced Utilization Management
- Pharma Trade Relations
- Patent, Pipeline and Emerging Therapeutics
- Client Account Management
- Areas of Personal Interest within Evernorth
Minimum Requirements
- 4th year (Graduation year) or PharmD. degree from an ACPE-accredited college or school of pharmacy
- Pharmacy Licensure in any US State (within 90 days of residency start)
- Proficiency in Microsoft office, specifically Microsoft excel and PowerPoint
- Proficiency in written and verbal communications
- Strong career interest in Managed Care pharmacy
Required: Must upload/attach the following to Workday application
- Official Pharmacy School Transcript
- Letter of Intent (max 300 words; Explain why you are interested in our program and managed care)
- 2 Letters of Recommendations (one of each: Preceptor, Supervisor) sent to FormularySolutionsRE@express-scripts.com
- Application deadline 12/31/25
Location: Hybrid in Saint Louis, MO; Bloomington, MN; and Morris Plains, NJ. A hybrid position means that you will be expected to work in-person at your assigned office location more than 50% of time per week, with flexibility to work at home for balance of time. If the right candidate doesn't live in one of those 3 areas, virtual will be considered.
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 hourly rate of 21 - 36 USD / hourly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus plan.
We want you to be healthy, balanced, and feel secure. That's why 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) with company match, 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, visit Life at Cigna Group.
About Evernorth Health Services
Evernorth 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.
The Cigna Group 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.
