Vice President, Pricing and Forecasting
$250,000 - $300,000 per year
Apply now (opens in a new tab)Vice President, Pricing and Forecasting
L7
$250,000 - $300,000 per year
Industries
Pharmacies and Drug RetailersDirect Health and Medical Insurance CarriersFamily Planning Centers- Lead the Smith Pricing team, which is responsible for the pricing and guarantees submitted for all proposals.
- Collaborate with the Sales team to adapt and refine pricing offers to best suit the needs of prospects and enable SmithRx to win.
- Own the development, maintenance, and execution of forward-looking drug spend forecasting models.
- 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.
- Work closely with Sales and Proposals teams to craft offers to pharmacy consultants, brokers, and clients which properly reflect SmithRx's value.
- Compose offers that employers understand and find compelling.
- Generate pricing and related answers to be entered into RFP platforms.
- Partner with Strategy, Supply Chain, and Clinical to develop next generation pricing models for Pharmacy Benefits.
- Partner with the Clinical Strategy team to translate upcoming pharmacy market events into quantitative financial models, and quantify the impact of macro-market shifts.
- Evaluate customer level trends, to identify key drivers and inform future expectations at the overall spend levels.
- Translate highly complex actuarial and analytical findings into clear, compelling narratives for executive leadership, consultants, and sophisticated employer groups.
- 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 new opportunities and retention activity.
- Various other ad hoc strategic projects aimed supporting SmithRx growth initiatives.
- What you will bring to SmithRx:10+ years of experience in analytical, forecasting, financial, actuarial or strategy roles, including 5+ years experience in healthcare and/or pharmacy industry related roles
- Prior experience at PBM or Pharmacy Consulting is preferred
- Experience working with historical claims data to assess and manage risk by conducting reprice and trend analyses
- Strong familiarity with pharmacy industry dynamics and major market events
- Experience with leading conversations with employers, brokers and pharmacy benefits consultants regarding pharmacy benefits
- Bachelor's degree or equivalent experience, advanced degree or MBA preferred
- You have a proven track record of delivering exceptional, quantifiable business impact
- You have experience in a highly strategic, analytical and operational role in fast-paced environments
- You are low ego and have a knack for working well with a wide range of people
- You excel at using data to reach decisions and are comfortable demonstrating these skills to external stakeholders
- 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
- 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 OffPaid 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
- Zone A includes the following locations:
- San Francisco Bay Area - California
- Metro New York City - Connecticut, New Jersey, New York and Pennsylvania
- Zone A Pay Range $250,000 —$300,000 USDZone B includes the following locations:
- California - outside of San Francisco Bay AreaMetro Denver / Boulder - Colorado
- Metro District of Columbia - District of Columbia, Maryland, Virginia and West Virginia
- Metro Boston / Cambridge - Massachusetts and New Hampshire
- Metro Austin - TexasMetro Seattle - Washington
- Zone B Pay Range $250,000 —$300,000 USDZone C includes all other locations not listed above, including:
Level
ManagerL7
Salary
$250,000 - $300,000 per year
Location
Denver, CO
Occupation
Pharmacists
Industry
Pharmacies and Drug Retailers
Posted
today
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