
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.
🔥 4 minutes ago
🏈 Alabama, Alaska, +45 more states – Remote
💵 $144.5k - $204k / year
⏰ Full Time
🔴 Lead
💰 Pricing Analyst
👻 Ghost score 1%
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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.
• Conduct repricing and member experience analyses of prospect data • Compose compelling offers for large employers • Generate pricing and related answers for RFP platforms • Collaborate with Sales to adapt and refine pricing offers and help SmithRx win • Generate client-ready spreadsheets and presentations for enterprise-grade clients • Learn and explain how SmithRx’s business model differs from legacy PBMs • Evaluate risks associated with pricing and RFP response strategies • Collaborate with Legal to align pricing and contracting strategies • Support legal and contractual negotiations related to pricing and reconciliation terms • Collaborate with Sales, Proposals, Strategy, Partnerships, Legal, Supply Chain, and Revenue teams to drive growth
• Bachelor’s degree with 10+ years of experience working with pharmacy benefits RFPs, contracts, AWP discount pricing and rebate guarantees • Experience working with historical claims data to assess and manage risk by conducting reprice and trend analyses • Experience leading conversations with employers, brokers and pharmacy benefits consultants regarding pharmacy benefits • Highly proficient with Excel • Experience leveraging Salesforce, Box, Google Suite, and/or similar technology tools • Proven track record of delivering exceptional, quantifiable business impact • Experience in a highly strategic, analytical and operational role in fast-paced environments • Ability to work well with a wide range of people • Ability to use data to reach decisions and demonstrate these skills to external stakeholders
• 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 • Time off programs • Mental health support • Bonuses, commissions, or equity may be available
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