Formulary Lead, Formulary Operations

🔥 19 hours ago

Where this job comes from

Posted on Navitus Health Solutions's careers page ↗Navitus Health Solutions's careers page, not through a job board

First seen by Remote Rocketship 19 hours ago

Still open on Navitus Health Solutions's site. Checked 26 minutes ago.

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Logo of Navitus Health Solutions

Navitus Health Solutions

1001 - 5000 employees

Founded 2003

💼 Consulting

🛡️ Insurance

🏥 Healthcare

Consulting • Insurance • Healthcare

Navitus Health Solutions is a pharmacy benefit manager (PBM) that provides transparent, people-centered pharmacy benefit solutions to health plans, employers, government programs and other plan sponsors. The company operates a 100% pass-through, cost-plus model that emphasizes lowering medication costs, managing formularies, specialty drug management (including a cost-plus specialty pharmacy), claims adjudication, pharmacy network management, and member enablement and support services. Navitus positions itself as a fiduciary partner focused on affordability, compliance, clinical quality and improving health outcomes through tailored PBM services and digital health integrations.

📋 Description

• Research and coordinate approval with Formulary Operations Leadership all proposed FAC and P&T changes based on Navitus base setup, functionality of software and timelines for implementation • Communicate and document all approved FAC and P&T changes to internal teams and client groups for approval, including client responses • Provide detailed change spreadsheets outlining required formulary changes and client decisions from FAC and P&T for entry into FBMS by Formulary Operations Specialists • Operationalize formulary information from Formulary Advisory Committee, Pharmacy and Therapeutics committee, Medi-span, and Account Management into the Formulary and Benefit Management System (FBMS) • Make independent decisions on formulary setup and maintenance when creating and building new formulary designs for custom clients • Coordinate formulary document creation and posting, including web, e-prescribing, formularies, change notifications, and medication program lists • Review, assign, and monitor Formulary Change Requests, New Client Formulary Implementations, operational formulary clean-ups, and project SME requests • Maintain P&Ps and standard work instructions around day-to-day work • Assist Formulary Operations Specialists with problem-solving and troubleshooting • Troubleshoot formulary and setup questions • Participate in meetings and committees as requested/assigned • Perform other duties as assigned

🎯 Requirements

• A minimum of a High School diploma plus specialized knowledge relating to PBM practice and business software applications is required • Pharmacy technician certification/experience is required, with additional education beyond high school strongly preferred • A minimum of 2-5 years of experience working with formulary information • Proven analytical, problem solving and written and verbal communication skills • Experience in PBM/Managed health care claims processing required • Must be comfortable communicating with vendors, outside and internal customers • Must have a working knowledge of pharmacy practice including drug names (brand vs. generic, NDC, GPI) and claims processing background (either from managed care or from community practice) • Familiarity with prescription drug formularies • Experience with maintenance of formulary setup and documents • Strong computer skills (Excel, Word, Outlook) • Participate in, adhere to, and support compliance program objectives • The ability to consistently interact cooperatively and respectfully with other employees

🏖️ Benefits

• Top of the industry benefits for Health, Dental, and Vision insurance • 20 days paid time off • 4 weeks paid parental leave • 9 paid holidays • 401K company match of up to 5% - No vesting requirement • Adoption Assistance Program • Flexible Spending Account • Educational Assistance Plan and Professional Membership assistance • Referral Bonus Program – up to $750!

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