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Pharmacy Intern, Managed Care Formulary Strategy (PharmD student)

The Cigna Group

Bloomington, MN · HybridFull-time$24–28/hrSeen 6 days agoSeen in employer's feed 6 days ago

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At a glance

Compensation
$24–28/hr
Location
Bloomington, MNHybrid
Role Type
Internship
Schedule
Full-time
Work Authorization
Not specified

Olive lists jobs from US employers, including remote roles you can work from the United States.

Requirements

Credentials this posting asks for.

Doctorate

Job overview

The Pharmacy Intern will support formulary decision-making by working with pharmacists, clinical strategists, and business partners. The role includes reviewing medications, researching drug launches and clinical trends, organizing information for strategy discussions, and analyzing formulary and utilization data. The internship is full-time during the summer, with a hybrid schedule for local interns in Bloomington or St. Louis and a fully remote option for interns outside those cities.

Skills & qualifications

RequiredNice to have

Skills

Managed CareFormulary ManagementPharmacy StrategyDetail ReviewProblem SolvingClear CommunicationWritingSpeakingIndependent WorkTeamworkWork PlanningMicrosoft ExcelMicrosoft PowerPointMicrosoft WordDrug TherapyHealth EconomicsEpidemiologyResearchData ReviewLiterature ReviewsDrug DevelopmentCare GuidelinesPharmacy BenefitsFormulary ConceptsHealth Plan PBMs

Qualifications

Full-Time PharmD StudentACPE-Accredited Pharmacy ProgramRising PharmD 3 StudentSecond and Third Professional Years

Full job description

Build Better Pharmacy Solutions

Help shape the clinical and strategic work that supports formulary decision-making. As a Pharmacy Intern, you’ll work alongside experienced professionals while gaining exposure to pharmacy benefit management, drug evaluation, and healthcare market dynamics. You’ll use data, clinical insights, and new ideas to support strategies that improve affordability, access, and care.

What You’ll Do

Work with pharmacists, clinical strategists, and business partners while learning pharmacy benefit management, drug evaluation, and healthcare market dynamics.

  • Support the review and analysis of medications across therapeutic categories.

  • Research new drug launches, pipeline products, and emerging clinical trends.

  • Collect, organize, and summarize clinical, financial, and market information for formulary strategy discussions.

  • Prepare presentations, reports, and other materials for internal stakeholders.

  • Analyze formulary and utilization data to identify trends and potential opportunities.

  • Participate in cross-functional meetings with clinical, strategy, account management, and operations partners.

  • Support special projects related to formulary management, pipeline monitoring, and clinical program development.

  • Contribute to process improvement and knowledge management initiatives.

Required Qualifications

  • Candidates must be enrolled as full-time Doctor of Pharmacy degree students in an ACPE-accredited school or college of pharmacy, ideal candidate will be a rising PharmD 3 student, between the second and third professional years when the internship starts.

  • Interest in managed care, formulary management and development, and pharmacy strategy.

  • Able to review details, solve problems, and explain findings in clear terms.

  • Strong writing and speaking skills. Able to work on your own and with a team.

  • Able to plan your work, meet due dates, and act on feedback.

  • Basic skills with Microsoft Excel, PowerPoint, and Word.

Preferred Qualifications

  • Coursework in drug therapy, health economics, epidemiology, managed care, or a related field.

  • Experience with research, data review, or literature reviews.

  • Knowledge of drug development, care guidelines, pharmacy benefits, or formulary concepts.

  • Experience with managed care and health plan PBMs, a plus

Additional Information

Location: Pharmacy Interns may be onsite working a hybrid schedule, spending three days per week in our Bloomington, MN or St. Louis, MO office and two days working remotely, if local to those areas. Fully remote if outside of those cities.

Schedule: This is a full-time summer internship (40 hours per week) running from May 24 through August 13th with flexibility offered based on University Schedules

Compensation: Hourly pay ranges from $24.00 - $28.00 , based on degree program, and year of study.

Work Authorization : This position is open only to individuals who are eligible for employment in the United States and who would not require visa support including H-1B or CPT/OPT/STEM, etc., now or in the future.

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.

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 need a reasonable accommodation to complete the online application process, please email [email protected] for assistance. Please note that this email inbox is dedicated to accommodation requests only and cannot provide application updates or accept resumes.

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.

How this job compares

Set against the 5,433 open Pharmacy Intern jobs on Olive Jobs, counted October 27, 2026.

Pay
  • This posting$24–28/hr
  • Minnesota median$21–33/hr131 hourly ranges
  • US median$21–34/hr5,171 hourly ranges

This range's midpoint, $26/hr, is close to the Minnesota median midpoint ($26/hr) — in the middle half of Pharmacy Intern hourly ranges in Minnesota.

Openings
Olive Jobs lists 132 open Pharmacy Intern jobs in Minnesota and 5,433 across the US. Under 1% of them nationwide are listed as remote or flexible.
Hiring the most in Minnesota
Experience
Pharmacy Intern postings that state a minimum ask for 0 years of experience at the median (621 postings).
Education
This posting asks for a doctorate or professional degree; 2,057 of the 5,433 open Pharmacy Intern jobs (38%) ask for a doctorate or professional degree.

Counted across the open, public US postings on Olive Jobs on October 27, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.

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