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Pharmacy Benefit Management Manager Salary in New Mexico

How much does a Pharmacy Benefit Management Manager make in New Mexico?

As of August 01, 2026, the average salary for a Pharmacy Benefit Management Manager in New Mexico is $135,260 per year, which breaks down to an hourly rate of $65.

However, a Pharmacy Benefit Management Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $141,603
  • Majority Range (25th-75th percentile): $128,760 to $138,580
  • Entry-Level (10th percentile): $122,842
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View as table View as graph 25% $128,760 10% $122,842 90% $141,603 75% $138,580 $135,260 50%(Median) Didn’t find job title? Click

Pharmacy Benefit Management Manager Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $138,580 $11,548 $2,665 $67
Average $135,260 $11,272 $2,601 $65
25th Percentile $128,760 $10,730 $2,476 $62
Check out Pharmacy Benefit Management Manager Job Openings in New Mexico
IT Manager

Geodis - BRENTWOOD, TN

Vice President Benefit Plans

Confidential - MINNEAPOLIS, MN

Vice President Benefit Plans

Confidential - CHARLOTTE, NC

Vice President Benefit Plans

Confidential - BOSTON, MA

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Key Factors That Influence Pharmacy Benefit Management Manager Salaries

A Pharmacy Benefit Management Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects Pharmacy Benefit Management Manager Salaries?

Experience is a primary driver of a Pharmacy Benefit Management Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • PBM Supervisor (7+ years): $103,100
  • Pharmacy Benefit Management Manager (7+ years): $135,253
  • PBM Senior Manager (7+ years): $148,309
Job Role Years of Experience Average Salary
PBM Supervisor7+ years$103,100
Pharmacy Benefit Management Manager7+ years$135,253
PBM Senior Manager7+ years$148,309
$103,100 PBM Super...
$135,253 Pharmacy ...
$148,309 PBM Senio...
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Top Paying Cities for Pharmacy Benefit Management Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Algodones: $136,700
  • Belen: $135,940
  • Bernalillo: $136,940

Pharmacy Benefit Management Manager Salary by Company Size: Startups vs. Enterprise

Pharmacy Benefit Management Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $149,985. While startup companies pay approximate $127,231.

Pharmacy Benefit Management Manager Salary by Company Size

Company Size Employees Average Salary
Startup1~50$127,231
Growth Stage51~500$134,475
Established501~5000$144,910
Enterprise5000+$149,985

Pharmacy Benefit Management Manager Salary by Industry: Top Paying Sectors

For Pharmacy Benefit Management Manager roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Healthcare sectors offer the strongest compensation, at 20% above the average. In contrast, Pharmacy Benefit Management Manager positions in Edu., Gov't. & Nonprofit or Pharmaceuticals typically offer lower base pay, as these industries often view Pharmacy Benefit Management Manager as a support function rather than a direct revenue driver.

The top paying industries for a Pharmacy Benefit Management Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$162,312$78.020%
Healthcare$155,549$75.015%

Pharmacy Benefit Management Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Pharmacy Benefit Management Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$128,760
Average $135,260/year
$138,580
$10,730
Average $11,272/month
$11,548
$2,476
Average $2,601/week
$2,665
$62
Average $65/hour
$67
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $138,580 $11,548 $2,665 $67
Average $135,260 $11,272 $2,601 $65
25th Percentile $128,760 $10,730 $2,476 $62

Pharmacy Benefit Management Manager Salary Growth & Career Path

Pharmacy Benefit Management Manager
PBM Senior Manager
PBM Senior Vice President

For a Pharmacy Benefit Management Manager, the most direct path to higher earnings is advancing to the PBM Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $148,400 - a projected growth of 10% over your current level.

Salaries of jobs related to Pharmacy Benefit Management Manager

Find Your Next Pharmacy Benefit Management Manager Job

Ready to take the next step in your career? Browse thousands of current Pharmacy Benefit Management Manager job openings on our job board. Use the search bar below to find your perfect match.

United States

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