Navitus Health Solutions

Formulary Lead, Formulary Operations

United States full-time Senior $56,806 - $68,441
full-time Senior level Operations & Logistics Salary listed Curated
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About the role

Company
NavitusAbout Us
Navitus - Putting People First in Pharmacy - Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other.. Current associates must use SSO login option at to be considered for internal opportunities. We are committed to providing equal employment opportunity to all applicants and employees and comply with all applicable nondiscrimination regulations, including those related to protected veterans and individuals with disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or handicap.Pay Range
USD $56,806.00 - USD $68,441.00 /Yr.STAR Bonus % (At Risk Maximum)
7.50 - Salaried Non-Management except pharmacistsWork Schedule Description (e.g. M-F 8am to 5pm)
M-F 8am to 5pmRemote Work Notification
ATTENTION: Navitus is only able to offer remote work to residents of Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, Wisconsin.Overview
Due to growth, we are adding a Formulary Lead, Formulary Operations to our team!
The Formulary Lead, Formulary Operations will perform the daily, weekly and monthly/periodic administrative functions relative to updating and maintaining the various formularies for Navitus clients. This includes all of the duties of the Formulary Operations Specialist II, plus responsibilities for triaging, assigning, and monitoring completion of work requests. The Formulary Operations Formulary Lead will work closely with internal Navitus teams to coordinate and operationalize all changes to the formulary including drug tiering and utilization management. Additionally, the Formulary Operations Formulary Lead will work with internal departments to ensure formulary resources are requested and allocated properly.
Is this you? Find out more below!
Responsibilities
How do I make an impact on my team?

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 various sources including Formulary Advisory Committee, the Pharmacy and Therapeutics committee, Medi-span, and Account Management and coordinate the process of getting the information 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 which directly affects the bottom line of our clients

Coordinate formulary document creation and posting, including maintenance of web, e-prescribing, formularies, change notifications, and medication program lists

Review, assign and monitor the following tasks with Specialists based on criteria developed by Formulary Operations Leadership: Formulary Change Requests, New Client Formulary Implementations, Operational formulary clean-ups, Requests for Formulary Specialists as project SMEs, Maintain P&Ps and standard work instructions around day-to-day work, Assist Formulary Operations Specialists with problem-solving and troubleshooting, and Trouble-shoot various formulary/set-up questions

Participate in meetings and committees as requested/assigned

Other duties as assigned

Qualifications
What our team expects from you?

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

What can you expect from Navitus?

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!

Location : Address
RemoteLocation : Country
USOriginally posted on Himalayas

Interview prep

Walk in with sharper answers.

Use these suggested prompts to prepare. They are not questions supplied by the employer.

Senior
Operations & Logistics Excel Operations Remote Collaboration Senior level full-time

Practice questions

  1. Tell us about work you have done that is close to the Formulary Lead, Formulary Operations role.
  2. How would you approach your first 30 days at Navitus Health Solutions?
  3. Which of Excel, Operations and Remote Collaboration have you used recently, and what did it help you achieve?
  4. How have you led people, improved a process, or made a hard decision in a previous role?
  5. How do you handle busy days, changing priorities, or pressure at work?

Prepare before the call

  • A recent example that proves your experience with Excel, Operations and Remote Collaboration.
  • One short story with a problem, your action, and the result.
  • Two examples that show the strengths listed on your CV.
  • A clear reason why this role and company interest you.
  • Your availability, preferred work style, and salary expectations.

Ask them

  • What would success look like in the first 90 days?
  • What are the main problems this hire should help solve?
  • How does the team give feedback and measure good work?
  • What does a normal working week look like for this role?
Practice line

I am interested in the Formulary Lead, Formulary Operations role at Navitus Health Solutions. My relevant experience is [your example], where I [your action] and achieved [your result].

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