Full-Time

Data Analyst

Posted on 9/26/2024

SmithRx

SmithRx

201-500 employees

Pharmacy benefit management with transparent pricing

Healthcare

Mid

San Francisco, CA, USA

Category
Data Analysis
Data & Analytics
Required Skills
Python
R
Git
SQL
Tableau
Salesforce
Data Analysis
Requirements
  • Bachelor’s or master’s degree in a quantitative field such as, but not limited to Engineering, Data Analytics, Data Science, Computer Science, or equivalent required
  • 3-5 years of work experience in Data Analytics role required
  • Advanced proficiency in SQL and the ability to write complex queries, optimized by detailed QA checks, required
  • Advanced skill in building action-oriented dashboards with data visualization tools such as Looker, Tableau, PowerBI, or similar required
  • Familiarity with additional data analysis tools such as Python, R, etc. preferred
  • Familiarity with version control management platforms (e.g. Github) preferred
  • Familiarity with CRM software (e.g. Salesforce) preferred
  • Robust analytical skill: ability to think critically about data and the stories they tell
  • A curiosity and excitement to learn about the complexity of the pharmacy benefits industry, its data, and an eagerness to join our mission to upend the status quo
  • Stellar verbal & written communication skills, with a keen ability to both facilitate deep, technical discussions and synthesize them into actionable takeaways
  • Self-starter mentality: ability to make informed decisions, find creative approaches to difficult challenges, and deliver on commitments
  • Execution-focused ethos: you are a solutions-oriented problem solver and efficiency driven
  • Flexible, adaptable, and able to respond under the pressure of a high-growth, fast-paced technology company
Responsibilities
  • Coordinate with business stakeholders to understand ongoing data needs and develop metrics, dashboards, visualizations, and other data tools that bolster the efficiency and accuracy of internal operations
  • Conduct rigorous analysis to uncover insights embedded within our data that inform strategic decision-making
  • Translate business requirements from internal stakeholders into technical specifications for the development and validation of our enterprise data warehouse (EDW) in collaboration with Data Engineering group.
  • Contribute to the evolution of the Data Analytics codebase, adhering to best practices for development, quality assurance (QA), and code review
  • Create data visuals and dashboards that tell clear, compelling stories and illustrate SmithRx’s mission to a heal a broken healthcare industry
  • Foster a culture of data literacy within the organization, ensuring business stakeholders can effectively leverage all data products of interest
  • Partner with business stakeholders and support them in data-driven communication of SmithRx’s value to present & prospective customers

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 Stage

Series C

Total Funding

$94.8M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

8%

1 year growth

27%

2 year growth

193%
Simplify Jobs

Simplify's Take

What believers are saying

  • SmithRx secured $60M in Series C funding for expansion and cost reduction.
  • Partnership with Banjo Health integrates AI, improving prior authorization efficiency.
  • Collaboration with Cost Plus Drugs increases access to affordable medications.

What critics are saying

  • Competition from tech-driven PBMs like Capital Rx may erode market share.
  • Rapid tech advancements require costly updates to maintain competitive edge.
  • Potential regulatory scrutiny on pricing models could impact business operations.

What makes SmithRx unique

  • SmithRx uses a transparent 'Pass Through Pricing' model, unlike traditional PBMs.
  • The company leverages real-time data for efficient pharmacy benefit management.
  • SmithRx offers concierge-level service, enhancing customer satisfaction and support.

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