Remote opportunity at
SmithRxVice President, Pricing and Forecasting
SmithRx is a venture-backed health-tech organization aiming to transform the pharmacy benefit management industry through advanced technology and cost-saving tools. The company is currently hiring a…
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About This Role
SmithRx is a venture-backed health-tech organization aiming to transform the pharmacy benefit management industry through advanced technology and cost-saving tools. The company is currently hiring a remote Vice President, Pricing and Forecasting to lead pricing strategies and shape competitive pharmacy benefit management proposals. In this leadership capacity, the chosen professional will guide the pricing unit, build forward-looking drug spend projection models, and partner directly with executive leadership, sales teams, and…
Job Description
SmithRx is a venture-backed health-tech organization aiming to transform the pharmacy benefit management industry through advanced technology and cost-saving tools. The company is currently hiring a remote Vice President, Pricing and Forecasting to lead pricing strategies and shape competitive pharmacy benefit management proposals.
In this leadership capacity, the chosen professional will guide the pricing unit, build forward-looking drug spend projection models, and partner directly with executive leadership, sales teams, and external brokers. The role requires translating complex data and clinical information into understandable financial frameworks that support organizational growth and client retention across various employer group sizes.
This opportunity is well-suited for an analytical healthcare finance professional with extensive industry background who excels at cross-functional collaboration and data-driven decision-making. The position offers a comprehensive compensation package ranging from $250,000 to $300,000 annually, alongside extensive health, retirement, and wellness benefits.
Responsibilities
- Direct the pricing department to manage quotes and financial guarantees for all new business and retention proposals.
- Partner alongside sales staff to refine pricing proposals that meet prospect needs and secure new contracts.
- Create, sustain, and execute forward-looking prescription drug expenditure forecasting models.
- Engage with pharmacy brokers and consultants to explain market trend expectations and cost-optimization strategies.
- Formulate clear pricing proposals that effectively communicate organizational value to employers and consultants.
- Provide pricing figures and responses for request for proposal platforms.
- Collaborate with strategy, supply chain, and clinical divisions to design next-generation pharmacy benefit pricing structures.
- Translate upcoming healthcare market shifts and events into quantitative financial models with clinical strategy teams.
- Analyze customer-level trends to determine main cost drivers and predict overall spend expectations.
- Communicate intricate actuarial findings into compelling narratives for executive stakeholders and sophisticated employer groups.
- Direct the production of external market trend reports highlighting cost-containment effectiveness.
- Coordinate with data analytics teams to build drug spend forecasting models and automate reporting workflows.
- Participate in customer assessments for active sales opportunities and retention efforts.
- Execute miscellaneous strategic projects designed to support company growth initiatives.
Requirements
- More than ten years of professional background in analytical, forecasting, financial, actuarial, or strategic roles
- At least five years of experience working in healthcare, pharmacy industry, pharmacy benefit management, or pharmacy consulting roles
- Demonstrated history utilizing historical claims data to evaluate and manage risk through reprice and trend analyses
- Deep familiarity with pharmacy industry dynamics and major market events
- Proven experience conducting discussions with employers, brokers, and pharmacy benefit consultants regarding pharmacy benefits
- Demonstrated success delivering quantifiable business impact within fast-paced, strategic, and operational environments
Qualifications
- Prior work history at a pharmacy benefit management company or within pharmacy consulting
- Bachelor degree or equivalent practical experience
- Advanced degree or Master of Business Administration
Core Skills
Benefits
- Medical, pharmacy, dental, vision, and life insurance including accidental death and dismemberment coverage
- Flexible spending benefits
- 401(k) retirement savings program
- Short-term and long-term disability coverage
- Discretionary paid time off
- Paid company holidays
- Commuter benefits
- Paid parental leave
- Employee assistance program
- Professional development and training opportunities
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
What is the salary range for this position?
The base salary ranges from $250,000 to $300,000 per year, with actual pay determined by work location, job level, knowledge, skills, and experience. Additional compensation may include bonuses, commissions, or equity.
Is this a remote role?
Yes, the posting specifies that the employment type and remote status are remote.
What level of experience is required for this job?
Candidates must have over 10 years of experience in analytical, forecasting, financial, actuarial, or strategy roles, including at least 5 years specifically in healthcare or pharmacy industry positions.
What educational qualifications are preferred?
A bachelor degree or equivalent experience is required, while an advanced degree or MBA is preferred.
Sample Interview Questions
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