
51 - 200 employees
Founded 2018
⚕️ Healthcare Insurance
☁️ SaaS
🤝 B2B
💰 $20M Series B on 2022-03
Healthcare Insurance • SaaS • B2B
SmithRx is a transparent, pass-through pharmacy benefits manager (PBM) that operates independently from insurance companies and pharmacies to align its incentives with self-insured employers and their members. By leveraging modern technology, SmithRx aims to reduce the cost and complexity of pharmacy benefits, ensuring the delivery of effective and low-cost drugs. The company is dedicated to transforming the pharmacy benefits landscape through its flat-rate, transparent pricing model and innovative cost savings programs, which connect members to the lowest cost drugs without the use of spread pricing, rebates, or other tactics. SmithRx's commitment to transparency and superior customer service results in significant savings for employers and a highly satisfactory experience for its members.
🕒 Yesterday
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51 - 200 employees
Founded 2018
⚕️ Healthcare Insurance
☁️ SaaS
🤝 B2B
💰 $20M Series B on 2022-03
Healthcare Insurance • SaaS • B2B
SmithRx is a transparent, pass-through pharmacy benefits manager (PBM) that operates independently from insurance companies and pharmacies to align its incentives with self-insured employers and their members. By leveraging modern technology, SmithRx aims to reduce the cost and complexity of pharmacy benefits, ensuring the delivery of effective and low-cost drugs. The company is dedicated to transforming the pharmacy benefits landscape through its flat-rate, transparent pricing model and innovative cost savings programs, which connect members to the lowest cost drugs without the use of spread pricing, rebates, or other tactics. SmithRx's commitment to transparency and superior customer service results in significant savings for employers and a highly satisfactory experience for its members.
• Own the Long Range Plan, aligning capital allocation and growth assumptions with the company’s long-term vision. • Build and maintain models to measure and improve unit economics across customers, customer segments, cohorts and channels. • Deliver clear, executive-ready materials for monthly reviews and board discussions that distill data into clear and actional narratives. • Serve as a key support lead for future fundraising efforts and other strategic projects and initiatives. • Partner with cross functional leaders on scenario modeling and business case development, connecting financial discipline to operational outcomes. • Define and track KPIs and leading indicators of business performance to drive operational improvements. • Contribute to development of differentiated forecasting features or tools for the company and clients. • Partner with GTM teams on pricing strategy and proposals. • Stand up the systems, tooling, and frameworks the Strategic Finance team needs to influence the business, including automation, reporting, and operational rhythms. • Partner closely with the FP&A team to ensure near-term budgets and forecasts are tightly aligned with long-term forecasting.
• 8+ years of experience in strategic finance, investment banking, private equity, strategy & operations, FP&A, or related finance roles with operational experience at a fast-paced, scaling company. • Experience with subscription business models, including an understanding of ARR, revenue, retention, and unit economics. • Experience partnering with Sales, Marketing, RevOps, Customer Success, and R&D teams, with a track record of influencing decisions through insight. • Exceptionally strong analytical and financial modeling skills, with the ability to build models from scratch in a high growth, operationally complex environment. • Ability to translate data and analysis into clear narratives for executives, and comfort presenting to senior leadership and board-level stakeholders. • Strong communication skills and executive presence, with the judgment to challenge assumptions while maintaining strong relationships. • High level of ownership, curiosity, and urgency, with the ability to operate independently and navigate ambiguity. • Bachelor’s degree required. • Healthcare or health tech experience is a plus.
• Highly competitive wellness benefits including Medical, Pharmacy, Dental, Vision, and Life Insurance and AD&D Insurance • Flexible Spending Benefits • 401(k) Retirement Savings Program • Short-term and long-term disability • Discretionary Paid Time Off • Paid Company Holidays • Wellness Benefits • Commuter Benefits • Paid Parental Leave benefits • Employee Assistance Program (EAP) • Well-stocked kitchen in office locations • Professional development and training opportunities
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