PBM Network Pricing Strategy Manager

Who We Are:

SmithRx is a rapidly growing, venture-backed Health-Tech company.  Our mission is to disrupt the expensive and inefficient Pharmacy Benefit Management (PBM) sector by building a next-generation drug acquisition platform driven by cutting edge technology, innovative cost saving tools, and best-in-class customer service.  With hundreds of thousands of members onboarded since 2016, SmithRx has a solution that is resonating with clients all across the country.

We pride ourselves for our mission-driven and collaborative culture that inspires our employees to do their best work. We believe that the U.S healthcare system is in need of transformation, and we come to work each day dedicated to making that change a reality. At our core, we are guided by our company values:

• Integrity: Our purpose guides our actions and gives us confidence in the path ahead. With unwavering honesty and dependability, we embrace the pressure of challenging the old and exemplify ethical leadership to create the new.
• Courage: We face continuous challenges with grit and resilience. We embrace the discomfort of the unknown by balancing autonomy with empathy, and ownership with vulnerability. We boldly challenge the status quo to keep moving forward—always.
• Together: The success of SmithRx reflects the strength of our partnerships and the commitment of our team. Our shared values bind us together and make us one. When one falls, we all fall; when one rises, we all rise.

Job Summary:

SmithRx is seeking a Network Pricing Strategy Manager who will play a critical role in supporting our overall supply chain operations and strategy. In this role, you will analyze, develop, and execute pricing strategies across the supply chain—including retail pharmacy, mail pharmacy, specialty, rebate aggregators, and pharmaceutical manufacturers—allowing SmithRx to more effectively compete in the market. 

This role is both internal and external, with the expectation of participating in meetings with supply chain partners to present and explain SmithRx pricing proposals. To be successful, you will need a solid understanding of pharmacy reimbursement, pricing benchmarks, PBM client pricing, and the competitive landscape. You will collaborate cross-functionally to support SmithRx solutions and partner with the data team to build tools and reporting that empower our Supply Chain team during partner negotiations. 

The ideal candidate has a strong background in commercial insurance (self-funded programs), relationship management, data-driven analysis, and external presentations. 

What you will do:

• Relationship Management: Maintain and grow relationships with key pricing and business intelligence (BI) supply chain contacts to increase partner understanding of SmithRx capabilities. 
• Data & Analytics: Leverage data analytics and economic modeling to support conversations and proposals surrounding our unique pharmacy benefit offerings. 
• Growth Support: Analyze market opportunities to help identify and open up new channels for the sales organization. 
• Cross-Functional Collaboration: Partner closely with Sales, Customer Success, Sales Ops, Partnerships, Analytics, Product, and Marketing teams to ensure alignment on pricing strategies. 
• Content Creation: Build functional enablement materials (playbooks, cheat sheets, objection-handling guides, FAQs) to improve solution knowledge across teams. 
• Partner Presentations: Participate in and facilitate partner meetings to help present SmithRx differentiators and value propositions clearly. 
• Training & Enablement: Prepare materials and assist in delivering training internally to sales teams and externally to supply chain partners. 
• ROI Tracking: Assist in tracking and demonstrating client value and ROI achieved through shared strategic partnerships. 

What you will bring to SmithRx:

• 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. 

What SmithRx Offers You: 

• 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