
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.
🔥 16 hours ago
🏈 Alabama, Alaska, +45 more states – Remote
💵 $117.3k - $165.6k / year
⏰ Full Time
🟡 Mid-level
🟠 Senior
🔗 Supply Chain
👻 Ghost score 0%
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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.
• Analyze, develop, and execute pricing strategies across retail pharmacy, mail pharmacy, specialty, rebate aggregators, and pharmaceutical manufacturers • Support overall supply chain operations and strategy • Maintain and grow relationships with key pricing and business intelligence supply chain contacts • Leverage data analytics and economic modeling to support pharmacy benefit proposals • Analyze market opportunities and identify new channels for the sales organization • Collaborate with Sales, Customer Success, Sales Ops, Partnerships, Analytics, Product, and Marketing teams on pricing strategies • Build enablement materials including playbooks, cheat sheets, objection-handling guides, and FAQs • Participate in and facilitate partner meetings and present SmithRx differentiators and value propositions • Prepare materials and assist with internal and external training • Track and demonstrate client value and ROI from strategic partnerships
• 5+ years of experience working in pharmacy, healthcare tech, or the PBM space • 3+ years of experience in pricing strategy, pharmacy reimbursement, or business intelligence • Bachelor's Degree in Business, Healthcare Administration, Finance, Analytics, or a related field • Experience working effectively within a high-growth, fast-changing environment • Strong analytical mindset with the ability to translate complex internal processes and data into actionable insight • Excellent presentation, writing, and interpersonal communication skills • Hands-on proficiency leveraging technology, Looker or BI platforms, and analytical tools • Solid understanding of pharmacy reimbursement, pricing benchmarks, PBM client pricing, and the competitive landscape • Background in commercial insurance (self-funded programs), relationship management, data-driven analysis, and external presentations
• 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 • Bonuses, commissions, or equity may be available • Mental health support
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