Formulary Consulting Group Lead - Remote

Posted An Hour Ago
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Hiring Remotely in Irvine, CA, USA
In-Office or Remote
113K-193K Annually
Junior
Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
The Role
Provide clinical and financial formulary consulting to clients, analyze claims and pricing data, build financial therapeutic-class models, recommend formulary strategies to achieve clinical and cost-savings goals, create client-facing materials, manage cross-functional deliverables, and serve as subject-matter expert for assigned therapeutic classes. Up to 10% travel.
Summary Generated by Built In
Requisition Number: 2368400
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 talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.
This role requires a clinical aptitude to support clients in the growing Formulary Management Services (FMS) business segment, including identification and quantification of opportunities to maximize pharmaceutical rebate revenues and evaluation of these opportunities via financial therapeutic class models using client-specific actual claims data.
Hours: Monday - Friday 8:00 AM - 5:00 PM
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.
Primary Responsibilities:
  • Deliver value to clients through consultations and presentations that focus on formulary strategies to help clients achieve clinical and financial goals
  • Apply clinical and business knowledge to execute financial models to identify formulary strategies yielding payor cost-savings, which will require you to:
    • Evaluate client formularies and UM criteria
    • Read and understand client contracts and pharma contracts
    • Access and use pricing databases, formulary databases, billing databases, claims databases
    • Run, develop, and analyze client utilization and spending reports
  • Develop & present client-facing materials that are clear, concise, and effective; must be able to simplify complex subjects without compromising content
  • Work cross-functionally to understand end-to-end operations, and manage deliverables, expectations and timelines with internal and external partners
  • Contribute to team business objectives
  • Use soft skills to build and foster relationships with internal and external partners
  • Serve as a subject matter expert on assigned therapeutic class strategies
  • Actively pursue continuous quality and process improvement in self and work tasks
  • Up to 10% travel may be required

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:
  • 2+ years of experience in three or more of the following:
  • Client management or client-facing role
  • Formulary operations, strategy, development
  • Clinical operations (P&T, UMs, pipeline)
  • Pharmacy plan design or new client implementation
  • Pharma manufacturer discounts contracting, billing, or modeling
  • Health plan/PBM financial modeling experience

Preferred Qualifications:
  • 5+ years of experience in a client-facing role
  • 3+ years of clinical experience (e.g Pharmacist, Nurse, physician)
  • Possesses excellent communication and interpersonal skills
  • Ability to deal comfortably with ambiguity, uncertainty and risk, and can make high-quality decisions with less than perfect information
  • Ability to change course quickly in a fast-paced environment
  • Ability to demonstrate resourcefulness, and have the ability to innovate and problem-solve with initiative and ingenuity

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 $112,700 - $193,200 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.
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.
UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.

Skills Required

  • Clinical aptitude to support Formulary Management Services (FMS)
  • 2+ years of experience in three or more of: client management/client-facing role, formulary operations/strategy/development, clinical operations (P&T, UMs, pipeline), pharmacy plan design/new client implementation, pharma manufacturer discounts contracting/billing/modeling, health plan/PBM financial modeling
  • Ability to evaluate client formularies, utilization and spending reports, and read client and pharma contracts
  • Experience accessing and using pricing, formulary, billing, and claims databases
  • Ability to develop and present clear client-facing materials and simplify complex subjects
  • Willingness/ability to travel up to 10%
  • Pass a pre-employment drug test
  • 5+ years of experience in a client-facing role
  • 3+ years of clinical experience (e.g., Pharmacist, Nurse, Physician)
  • Excellent communication and interpersonal skills
  • Comfort with ambiguity and ability to make decisions with imperfect information
  • Ability to adapt quickly in a fast-paced environment and demonstrate resourcefulness

What the Team is Saying

Optum Compensation & Benefits Highlights

  • Leave & Time Off Breadth PTO accrues each pay period with eight paid U.S. holidays plus a floating holiday, and generous time away is consistently emphasized. This breadth supports planned and unplanned time off beyond standard vacation days.
  • Parental & Family Support Six weeks of paid parental leave, up to two weeks of paid caregiver leave, Bright Horizons back‑up care, and adoption assistance signal strong family-oriented support. EAP access with counseling sessions further extends help to employees and their households.
  • Wellbeing & Lifestyle Benefits Company‑paid short‑ and long‑term disability, Calm app membership, tuition reimbursement, commuter and FSA accounts, and broad employee discounts expand everyday wellbeing resources. Free or low‑cost virtual visits complement these lifestyle supports.

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The Company
HQ: Eden Prairie, MN
160,000 Employees
Year Founded: 2011

What We Do

Optum, part of the UnitedHealth Group family of businesses, 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. At Optum, we support your well-being with an understanding team, extensive benefits and rewarding opportunities. By joining us, you’ll have the resources to drive system transformation while we help you take care of your future. We recognize the power of connection to drive change, improve efficiency and make a difference in health care. Join a team where your skills and ideas can make an impact and where collaboration is key to creating technology that produces healthier outcomes.

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Optum Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Optum has three workplace models that balance the needs of the business and the responsibilities of each role. These models, core on‑site (5 days/week), hybrid (4 days/week) and telecommute or fully remote, vary by country, role and location.

Typical time on-site: Not Specified
HQEden Prairie, MN
Metro Manila, Philippines
Cebu, Philippines
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Ann Arbor, MI
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Madison, WI
Minneapolis, MN
Nashville, TN
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Philadelphia, PA
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Washington, DC
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