Also called: PBM Pharmacist, Formulary Pharmacist
Pharmacist at an insurance company deciding which drugs are covered and how.
Compares the cost and evidence for two diabetes drugs, helps build the insurer's drug list (formulary), and reviews prior authorization requests. Often remote.
Estimate based on BLS pharmacists (May 2025 median about $137k).
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Professional degree (MD, JD, DVM…), about 8 years after high school. PharmD (usually 2+ years of pre-pharmacy college plus 4 years of pharmacy school), plus state license.
Ways in: 4-year college, Professional school. Training cost: Over $150k.
Majors to look at: Pharmacy, Chemistry, Biology.
Growing about average. Pharmacist jobs overall grow slowly, but clinical specialties are in demand.
Medium risk in 5 years, high in 10. AI is automating prior-authorization review and formulary analysis, so insurers need fewer pharmacists; policy calls remain.
Classes: AP Chemistry, AP Statistics, Economics.
Official data: O*NET occupation 29-1051.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.