How much does a Pharmacy Benefit Manager make in Ridgefield Park, NJ? The average Pharmacy Benefit Manager salary in Ridgefield Park, NJ is $153,526 as of April 24, 2024, but the salary range typically falls between $136,811 and $171,655. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Based on HR-reported data: a national average with a geographic differential
Pharmacy Benefit Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Pharmacy Benefit Manager Salary $121,593 Ridgefield Park,NJ April 24, 2024
25th Percentile Pharmacy Benefit Manager Salary $136,811 Ridgefield Park,NJ April 24, 2024
50th Percentile Pharmacy Benefit Manager Salary $153,526 Ridgefield Park,NJ April 24, 2024
75th Percentile Pharmacy Benefit Manager Salary $171,655 Ridgefield Park,NJ April 24, 2024
90th Percentile Pharmacy Benefit Manager Salary $188,161 Ridgefield Park,NJ April 24, 2024
25% $136,811 10% $121,593 90% $188,161 75% $171,655 $153,526 50%(Median) Didn’t find job title? Click
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Check out Pharmacy Benefit Manager jobs in Ridgefield Park, New Jersey

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What is a Pharmacy Benefit Manager ?

In the United States, a pharmacy benefit manager (PBM) is a third-party administrator of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans. According to the American Pharmacists Association, "PBMs are primarily responsible for developing and maintaining the formulary, contracting with pharmacies, negotiating discounts and rebates with drug manufacturers, and processing and paying prescription drug claims. For the most part, they work with self-insured com...

Source: Wikipedia (as of 04/18/2019). Read more from Wikipedia

See user submitted job responsibilities for Pharmacy Benefit Manager.

Job Openings for Pharmacy Benefit Manager in Ridgefield Park, NJ
  • Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpo...
    - 3 Days Ago
  • Pharmacy Manager - Basking Ridge. Job Locations. USA-NJ-Basking Ridge. Requisition ID. 2024-76871. Category. Allied Health - Pharmacy. Pay Range. $146,100....
    - 3 Days Ago
  • Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpo...
    - 2 Days Ago
  • Whether you are working in a Pharmacy looking for additional income, an established healthcare sales professional, or looking to break into Medical Sales, ...
    - 4 Days Ago
  • Job Description. Where state and federal laws/regulations allow, accountable for performing day-to-day non-clinical pharmacy operations, administrative act...
    - 4 Days Ago

Career Path for this job

  1. Down a level:

    Benefits Supervisor

    3 - 5 years experience
    Bachelor's Degree

  2. This Job:

    Pharmacy Benefit Manager

    5 + years experience
    Bachelor's Degree

  3. Up a level:

    Benefits Senior Manager


    Bachelor's Degree

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Understand the total compensation opportunity for a Pharmacy Benefit Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
136811
171655
153526

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
146012
190602
166901
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Pharmacy Benefit Manager in Ridgefield Park, NJ. The base salary for Pharmacy Benefit Manager ranges from $136,811 to $171,655 with the average base salary of $153,526. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $146,012 to $190,602 with the average total cash compensation of $166,901.

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For a real-time salary target, tell us more about your role in the four categories below.

136811
171655

 

About Ridgefield Park, New Jersey    Ridgefield Park is a village in Bergen County, New Jersey, United States. As of the 2010 United States Census, the village's population was 12,729, re....More

Ridgefield Park, New Jersey  area prices were up 1.5% from a year ago

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Skills associated with Pharmacy Benefit Manager: Reporting

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