
51 - 200 employees
Founded 2018
💼 Consulting
🛡️ Insurance
🏥 Healthcare
💰 $20M Series B on 2022-03
Consulting • Insurance • Healthcare
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.
🔥 0 minutes ago
🏈 Alabama, Alaska, +45 more states – Remote
💵 $129k - $150k / year
⏰ Full Time
🟡 Mid-level
🟠 Senior
🧑💼 Account Executive
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51 - 200 employees
Founded 2018
💼 Consulting
🛡️ Insurance
🏥 Healthcare
💰 $20M Series B on 2022-03
Consulting • Insurance • Healthcare
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.
• Establish and maintain relationships for large complex accounts • Own and facilitate the end-to-end renewal process • Maintain accountability for client satisfaction • Lead internal teams and act as an internal client advocate • Provide executive updates on client status and risks • Represent Customer Success in finalist meetings • Analyze pharmacy claims data to identify trends and provide cost-containment recommendations • Deliver quarterly and annual business reviews (QBRs) • Create and maintain client strategic action plans • Partner with clinical pharmacists to present formulary changes and clinical program recommendations • Monitor drug pipelines, legislative changes, and competitive PBM landscapes • Review QBRs, reporting, and client communications for executive-ready quality • Coordinate with Implementation, Operations, and Pricing teams to resolve member issues and ensure seamless service delivery • Mentor Account Managers, Account Specialists, and Account Coordinators • Maintain current knowledge of client organizations, products, services, news, and changes • Maintain and update client records • Develop working relationships with Pharmacy Operations, service partners, and client contacts • Communicate important client account activities to cross-functional partners • Prioritize issues and assess escalations that may create client attrition risk • Travel up to 25%
• 3-5 years of Account Executive experience in PBM or health insurance • 5+ years of direct account management or relationship management experience in the healthcare space • Working knowledge of commercial health insurance and pharmacy benefits strongly preferred • Ability to interpret complex data sets, including claims, rebates, and ROI, and translate them into actionable stories for C-suite executives • Executive-level communication and interpersonal skills • Experience in client relationship management, documenting expectations and deliverables, informing key stakeholders, and achieving client satisfaction • Ability to work independently and as part of an extended, cross-functional team • Ability to take initiative with little to no direction • Expert conflict resolution skills • Bachelor's degree or equivalent experience required
• 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 • Time off programs • Mental health support • Potential eligibility for bonuses, commissions, or equity
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