Full-Time

Functional Architect

Confirmed live in the last 24 hours

RxSense

RxSense

201-500 employees

Pharmacy benefits management technology solutions

Data & Analytics
Healthcare

Compensation Overview

$122k - $146kAnnually

Mid

Princeton, NJ, USA

Category
Product Management
Product Strategy
Product

You match the following RxSense's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 3 + years PBM experience.
  • Experience in PBM operations and feature development in the areas of eligibility/accumulators/pricing.
  • Proven ability to self-manage, make data-driven decisions, and work autonomously.
  • Strong written and oral communication skills and proven ability to work with cross-functional teams.
  • Experience in working with engineers and QA is a plus.
Responsibilities
  • Provide strategic support and expertise to product team and engineers in the development of a best in class pharmacy adjudication platform in the areas of eligibility/accumulators/pricing.
  • Work with cross-departmental stakeholders and clients to identify opportunities and develop requirement documents to support the opportunity.
  • Work with product team and engineers in design and defining requirements for all new features and products within the claims adjudication system.
  • Develop a strategic roadmap over the next 3-5 years to exceed industry expectations and functionality.
  • Ensure all development is in compliance with industry standards.
  • Support client trainings and documentation along with RFP and sales processes.
  • Articulate ideas and solutions effectively to many different audiences, including executives, engineers, designers, and others across the business.
  • Collaborate and work autonomously. Working cross-functionally is key to success at RxSense, but this position requires both a desire and proven ability to make defensible decisions and own the path forward.
  • Prioritize outcomes over output. All solutions should be grounded in user- and business-level outcomes that align with RxSense strategy. Your leadership will be the driving force to ensure all development efforts are focused on industry standards and maximum client configurability to ensure the adjudication platform is well positioned to manage pharmacy benefits in the future.

RxSense specializes in providing technology solutions for the pharmacy benefits management (PBM) industry. The company offers an enterprise platform that integrates real-time business intelligence and analytics, allowing PBMs to gain actionable insights and make informed decisions to improve their operations. This platform helps clients streamline the complex processes of managing pharmacy benefits and claims adjudication. RxSense differentiates itself from competitors by offering a modular platform that includes APIs for interoperability, ensuring that different systems can work together effectively. The company's goal is to simplify and optimize pharmacy benefits management, enabling clients to enhance their business performance and improve care delivery.

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

N/A

Headquarters

Boston, Massachusetts

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Walgreens expands consumer reach through a digital prescription savings marketplace.
  • Investment from Parthenon Capital boosts financial resources for technology and market expansion.
  • Growing demand for cloud-based healthcare solutions aligns with RxSense's offerings.

What critics are saying

  • Increased competition in the PBM space may pressure RxSense to innovate and lower prices.
  • Partnership with Walgreens may expose RxSense to regulatory challenges around drug pricing.
  • Rapid office expansion could strain financial resources if not matched by revenue growth.

What makes RxSense unique

  • RxSense offers a modular platform with real-time analytics for PBMs.
  • The company provides APIs compliant with FHIR and NCPDP standards for interoperability.
  • RxSense's platform enables data-driven decisions and actionable insights for clients.

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Company News

ROI-NJ
Jun 3rd, 2024
Cushman & Wakefield Arranges 5 Leases Totaling Over 60K Sq. Ft. At Princeton Point

Five new leases totaling over 60,000 square feet were recently negotiated at Princeton Point, an office property located at 600 and 650 College Road E. in Princeton, thanks to the expertise of Cushman & Wakefield’s Todd Elfand and Kevin Carton, who represented the landlord, Nuveen Real Estate, in the transactions.The leases include:Dr. Reddy’s Labs expanded by 7,000 square feet and will now occupy approximately 60,000 square feet at the property. The tenant was represented by Shawn Straka of Cushman & Wakefield.Galapagos, an international biotechnology company, signed a 15,000-square-foot lease. The tenant was represented by CBRE.Coface North America Insurance Co., a trade credit insurer, signed a 13,000-square-foot lease. The tenant was represented by CBRE.RxSense, a health care technology company, signed a 26,000-square-foot sublease

Community Impact
Dec 11th, 2023
Walgreens partners with RxSense, launches prescription savings tool

Walgreens partners with RxSense, launches prescription savings tool.

Tullahoma News
Dec 9th, 2023
Walgreens Taps RxSense to Power "Rx Savings Finder", a New Digital Marketplace for Prescription Discounts

RxSense(R), the healthcare technology company delivering industry-leading solutions for pharmacy benefits and prescription savings, today announced its collaboration with Walgreens to launch a new digital marketplace for consumers to access lower prices on thousands of prescription medications at Walgreens pharmacies nationwide.

Focus Daily News
Nov 30th, 2023
Website Enables Walgreens Customers to Conveniently Shop Third Party Discount Coupons and Save Up to 80% on their Meds

RxSense(R), the healthcare technology company delivering industry-leading solutions for pharmacy benefits and prescription savings, today announced its collaboration with Walgreens to launch a new digital marketplace for consumers to access lower prices on thousands of prescription medications at Walgreens pharmacies nationwide.

Managed Healthcare Executive
Feb 2nd, 2023
Rick Bates of RxSense Talks Collab With Mark Cuban's Cost Plus Drugs, Consumer-Centric Care and More

Bates and Wehrwein also discussed the Mark Cuban Cost Plus Drug and RxSense launching a standalone business intelligence product called Rx IQ.