SmithRx
Health-Tech
Forecasting&TrendAnalyticsDirector
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“Forecasting & Trend Analytics Director at SmithRx. Skills: forecasting, trend analytics, financial modeling, strategic leadership. Own the development, maintenance, and execution of forward-looking drug spend forecasting models. Quantify the impact of macro-market shifts in collaboration with Pricing team”
What You'll Achieve.
ensure that SmithRx is achieving our objective of providing the lowest possible drug costs; project healthcare expenditures for our clients; optimize client outcomes against trend
Industry & Context.
connecting analytical detail, market trends, and clinical information to develop an overall cohesive approach; identify key drivers and inform future expectations; deeply understanding drug spend forecasts
What They're Looking For.
Must Have
8+ years of experience in analytical, forecasting, financial, actuarial or strategy roles, 3+ years experience in healthcare and/or pharmacy industry related roles, Bachelor's degree or equivalent experience
Nice to Have
advanced degree or MBA preferred, familiarity with pharmacy industry dynamics and major market events, Prior experience in finance or consulting is a plus
What You'll Do.
and execution of forward-looking drug spend forecasting models
Quantify the impact of macro-market shifts in collaboration with Pricing team
Partner with the Clinical Strategy team to translate upcoming pharmacy market events into quantitative financial models
Evaluate customer level trends
to identify key drivers and inform future expectations at the overall spend levels
Direct the creation of external trend reports showcasing the Smith’s market expectations and cost-containment efficacy
Work with the Data Analytics team to build out model(s) for deeply understanding drug spend forecasts
and build reports to maximally automate the process of spend forecasting given customer specific trends
Actively participate in customer level assessment for ongoing retention activity
Work closely with Sales and Proposals teams to craft offers to pharmacy consultants
and clients which properly reflect SmithRx’s value
Engage pharmacy consultants and brokers to educate the market about SmithRx’s market trend expectations and how Smith manages to optimize client outcomes against trend
Various other ad hoc strategic projects aimed supporting SmithRx growth initiatives
How You'll Work.
Team & Collaboration
collaborate directly with senior executives and our key clients; collaborating with our Data Analytics, Clinical Strategy, Pricing, and Performance & Accountability teams; Quantify the impact of macro-market shifts in collaboration with Pricing team; Partner with the Clinical Strategy team; Work with the Data Analytics team; Work closely with Sales and Proposals teams; Engage pharmacy consultants and brokers
Communication Scope
Translate highly complex actuarial and analytical findings into clear, compelling narratives for executive leadership, consultants, and sophisticated employer groups; Excel at both written and oral communication, adeptly presenting SmithRx trend expectations with a deep level of rigor to audiences including internal leaders, brokers, pharmacy consultants, and employers
Full Job Description
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 Forecasting & Trend Analytics Director to join our growing team. In this strategic leadership role, you'll collaborate directly with senior executives and our key clients to ensure that SmithRx is achieving our objective of providing the lowest possible drug costs. This individual will be responsible for architecting Smith’s strategy enhanced forecast analytics at both the customer and market levels. The role is key to identifying and developing the financial and clinical data strategies tha
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