Full-Time

Principal Machine Learning Engineer

Confirmed live in the last 24 hours

SmithRx

SmithRx

201-500 employees

Pharmacy benefit management with transparent pricing

No salary listed

Senior, Expert

Remote in USA

Applicants must be based in one of the following states: Arkansas, Arizona, California, Colorado, Florida, Georgia, Kansas, Minnesota, Missouri, Nevada, Ohio, Pennsylvania, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin.

Category
Applied Machine Learning
Natural Language Processing (NLP)
AI & Machine Learning
Required Skills
Scikit-learn
Python
Airflow
NoSQL
Data Science
Tensorflow
Pytorch
Apache Spark
SQL
Machine Learning
Terraform
Snowflake
Requirements
  • BS, MS, or PhD in Computer Science, Information Systems, or a related field, with 12+ years of experience in data engineering, data science, or a similar role.
  • Strong expertise in data architecture, database design, and optimization, with experience in OLTP, OLAP, NoSQL, and cloud-based data warehouses (e.g., AWS Snowflake, PostgresDB, DymanoDB, etc ).
  • Proficiency in programming languages such as Python, and SQL, and tools like Spark, PySpark, Airflow, DBT, Snowflake, Cortext, OpenAI, and Terraform.
  • Proficiency in machine learning frameworks and libraries such as TensorFlow, scikit-learn, or PyTorch, with hands-on experience in building and deploying machine learning models in production. Track records in developing and deploying ML models, preferably within the healthcare or related industries.
  • Ability to lead cross-functional teams, influence stakeholders, and manage complex projects in a fast-paced environment.
  • Strong analytical and problem-solving skills, with the ability to handle evolving requirements and ambiguous challenges.
  • Excellent communication and presentation skills, capable of conveying complex technical concepts to both technical and non-technical audiences.
Responsibilities
  • Develop strategies across the entire AI/ML project lifecycle. This includes seamless integration with data platforms, spanning from problem definition and data preparation to model deployment and performance monitoring.
  • Design, develop, and deploy machine learning models that drive anomaly detection, and predictive insights, leveraging data from our enterprise data warehouse ecosystems.
  • Build data pipelines and ensure scalable, efficient ML pipelines and workflows for the entire model lifecycle, from problem definition and data preparation to model deployment and monitoring.
  • Maintain a focus on data quality, security, and compliance in all AI/ML initiatives, particularly within healthcare.
  • Provide technical leadership, mentoring, and guidance to team members, establishing and enforcing best practices in data engineering and data science.
  • Collaborate with product managers, data engineers, and engineer leadership to define use cases and integrate AI models and algorithms into existing systems and applications.

SmithRx operates as a Pharmacy Benefit Manager (PBM) that focuses on managing prescription drug plans for self-insured employers and plan sponsors. The company uses a transparent pricing model called "Pass Through Pricing," where it charges only an administrative fee and passes all rebates from prescriptions directly to clients and their members. This model contrasts with traditional PBMs that often inflate drug prices and retain rebates for profit. SmithRx's clients benefit from a technology platform that utilizes real-time data to improve service delivery, ensuring efficient and high-quality pharmacy benefit management. The company also provides a concierge service to enhance support for both members and clients. SmithRx's goal is to simplify pharmacy benefits while maximizing value for its clients and their members through transparency and exceptional customer service.

Company Size

201-500

Company Stage

Series C

Total Funding

$94.8M

Headquarters

San Francisco, California

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • SmithRx's partnership with Banjo Health enhances prior authorization processes using AI.
  • The $60M Series C funding positions SmithRx for growth in self-insured businesses.
  • SmithRx's transparent pricing aligns with the trend towards value-based care.

What critics are saying

  • Increased competition from tech-driven PBMs like Capital Rx could erode market share.
  • Rapid technological advancements may require costly updates to SmithRx's platform.
  • Potential regulatory scrutiny on PBM pricing models could impact SmithRx's business.

What makes SmithRx unique

  • SmithRx employs a transparent pass-through pricing model, unlike traditional PBMs.
  • The company leverages a robust technology platform for real-time data analytics.
  • SmithRx offers concierge-level service, enhancing customer satisfaction and support.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Holidays

Wellness Program

Commuter Benefits

Parental Leave

Mental Health Support

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

1%

2 year growth

7%
Business Wire
Jun 27th, 2024
SmithRx Introduces New PBM Evaluation Methodology Optimized for Drug Cost Savings

SmithRx introduces new PBM Evaluation methodology optimized for drug cost savings.

PR Newswire
Apr 9th, 2024
Smithrx Revolutionizes Its Prior Authorization Process With Banjo Health'S Leading-Edge Ai Platform

WASHINGTON, April 9, 2024 /PRNewswire/ -- Banjo Health, an innovative provider of intelligent prior authorization software, is excited to announce its partnership with SmithRx, a transparent and 100% pass-through pharmacy benefits manager (PBM). This partnership aims to improve timeliness, transparency, and reliability in SmithRx's prior authorization (PA) workflows & medical policy management."At Banjo Health, we are passionate about providing solutions at the intersection of Cost and Quality. SmithRx takes a unique approach using technology to provide its members optimal care at the lowest possible cost. We are thrilled to partner with such a forward-thinking group," remarks Saar Mahna, CEO of Banjo Health.SmithRx went live with Banjo Health's BanjoPA and Composer solutions in November. Key benefits include:Supercharge Medical Policy Operations: Leveraging Generative AI with Composer to help SmithRx manage their clinical policies more effectively.Streamlined PA Review: Utilizing BanjoPA, SmithRx is able to provide its members and prescribers with faster PA response times.Utilizing BanjoPA, SmithRx is able to provide its members and prescribers with faster PA response times. Minimized Provider Abrasion: Utilizing Composer, SmithRx is able to have its providers answering the most up to date question sets for ePA and automate PA intake from fax.Utilizing Composer, SmithRx is able to have its providers answering the most up to date question sets for ePA and automate PA intake from fax

ExploreBit
Jan 24th, 2024
SmithRx Closes USD 60M Series C Funding

SmithRx closes USD 60M Series C funding.

Business Wire
Jan 23rd, 2024
Smithrx Continues To Fix Broken Pharmacy Benefits Management System, Closes $60M In Series C Funding Led By Venrock

SAN FRANCISCO--(BUSINESS WIRE)--SmithRx, a next-generation pharmacy benefits management (PBM) company, closed a $60M Series C financing round — building on the company’s $20M Series B round raised in 2022. Led by top Silicon Valley healthcare venture capital firm Venrock, the latest funding positions SmithRx to continue reducing costs of pharmacy benefits for small and midsize self-insured businesses. “Medications in the U.S. cost too much because the overall system is broken,” said Jake Frenz, founder and CEO of SmithRx. “At the core of this broken system are pharmacy benefit managers that drive up the costs. As a result, Americans can’t afford the drugs they need

Business Wire
Aug 17th, 2023
TheracosBio and SmithRx Collaborate to Offer Newly Approved Diabetes Drug Brenzavvy™ (bexagliflozin) to Members with Type 2 Diabetes

"SmithRx has partnered with Cost Plus Drugs because they share our commitment to delivering effective, lower-cost drugs to patients who need them.