As of May 01, 2026, the average annual salary for Pharmacy Benefit Manager in New York is $148,877, equivalent to $72 per hour, $2,863 weekly, or $12,406 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Pharmacy Benefit Manager in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Pharmacy Benefit Manager in New York vary widely, spanning from $122,472 to $173,817. Most professionals fall between the 25th percentile ($135,055) and 75th percentile ($161,931), while top earners (90th percentile) make $173,817 per year. This $26,876 pay gap underscores opportunities for salary growth through certifications, specialized skills like Leadership or Microsoft Office, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, New York Pharmacy Benefit Manager often earn 6.3% higher than national averages due to demand from Fortune 29 companies. However, New York currently ranks 8 nationwide for Pharmacy Benefit Manager job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.

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 $122,472 NY May 01, 2026
25th Percentile Pharmacy Benefit Manager Salary $135,055 NY May 01, 2026
50th Percentile Pharmacy Benefit Manager Salary $148,877 NY May 01, 2026
75th Percentile Pharmacy Benefit Manager Salary $161,931 NY May 01, 2026
90th Percentile Pharmacy Benefit Manager Salary $173,817 NY May 01, 2026
25% $135,055 10% $122,472 90% $173,817 75% $161,931 $148,877 50%(Median) Didn’t find job title? Click
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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

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Location Avg. Salary Date Updated
Location Brentwood, NY Avg. Salary $153,470 Date Updated May 01, 2026
Location Clay, NY Avg. Salary $139,642 Date Updated May 01, 2026
Location Henrietta, NY Avg. Salary $137,443 Date Updated May 01, 2026
Location Huntington, NY Avg. Salary $158,838 Date Updated May 01, 2026
Location Levittown, NY Avg. Salary $154,334 Date Updated May 01, 2026
Location Nassau, NY Avg. Salary $141,975 Date Updated May 01, 2026
Location New Suffolk, NY Avg. Salary $151,537 Date Updated May 01, 2026
Location Accord, NY Avg. Salary $147,855 Date Updated May 01, 2026
Location Acra, NY Avg. Salary $141,332 Date Updated May 01, 2026
Location Adams, NY Avg. Salary $138,970 Date Updated May 01, 2026
Job Openings for Pharmacy Benefit Manager in New York

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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