Pharmacy Consultant Internship

Location: Carmel, IN Department: Indiana Employee Benefits

The MJ Companies exists to inspire the success, fulfillment, and wellbeing of each person we serve: our associate and their families, business partners, clients, and the community. This statement drives everything we do, and we are committed to your personal fulfillment and professional success.

About the job

Spend 10 weeks with MJ’s MagniPhy Pharmacy Solutions team learning how pharmacy benefits, healthcare consulting, data, and client service come together. Work alongside pharmacy consultants, analysts, and employee benefits professionals. You will contribute to selected projects, meetings, research, and client materials with guidance from the MagniPhy team. You will also complete a capstone project on a current pharmacy benefits topic and present your findings and recommendations to the MJ team.

Essential functions

What You Will Learn and Do

Learn the basics of pharmacy benefit managers (PBMs), employer-sponsored and self-funded health plans, pharmacy pricing, specialty pharmacy, clinical programs, and consulting.

Join selected team, client, PBM, and vendor meetings to see how pharmacy consultants approach real business and healthcare challenges.

Work with pharmacy claims data, industry research, and market information to understand how the team develops pharmacy benefit recommendations.

Explore how cost, clinical outcomes, operations, and the member experience are considered when evaluating pharmacy programs.

Your Capstone Project

Complete a focused capstone project related to a current pharmacy benefit, clinical, financial, operational, or market opportunity. The MagniPhy team will help select a topic that connects business needs with your interests. With coaching from a pharmacy consultant or analyst, you will learn how an existing process, tool, or workflow is used; gather input from team members; review relevant information or data; identify opportunities to improve efficiency, consistency, clarity, or usefulness; and present your findings and practical recommendations to the MJ team. You will receive guidance throughout the project and will not be expected to redesign a consulting process or make final strategic decisions on your own.

Education

Currently enrolled in a PharmD, Healthcare Administration, Public Health, Business, Data Analytics, Finance, Economics, Actuarial Science, or related degree program.

PharmD students entering their P3 or P4 year and undergraduate or graduate students interested in healthcare, analytics, employee benefits, managed care, or consulting are encouraged to apply.

Knowledge & Experience

Curious and eager to learn about pharmacy benefits and healthcare consulting.

Comfortable using Microsoft Excel, PowerPoint, Word, and Teams. Experience with Power BI, Tableau, or similar tools is helpful but not required.

Comfortable working with data and completing basic analysis with guidance.

Interested in healthcare, pharmacy benefits, employee benefits, business, or data analytics.

No previous healthcare or pharmacy benefits experience is required.

Technical Skills You Will Use

Use Excel to organize, clean, and review pharmacy claims and other data with guidance.

Create basic summaries, charts, and tables for team and client projects.

Use PowerPoint and Word to prepare presentations, reports, and capstone materials.

Use Microsoft Teams and other collaboration tools to join meetings, share work, and stay connected with the MagniPhy team.

Research and summarize pharmacy benefit trends, PBM updates, and industry news.

Use Power BI, Tableau, or similar tools when available. Prior experience is a plus, not a requirement.