Vice President, Pricing and Forecasting

This is a fully remote position, open to applicants in Alabama, +46 more states.

📋 Description

• Lead the Smith Pricing team that oversees pricing and guarantees submitted for all proposals.

• Collaborate with the Sales team to adjust and enhance pricing offers for potential clients.

• Take ownership of the creation, upkeep, and implementation of predictive drug spend forecasting models.

• Provide education to pharmacy consultants and brokers regarding market trend expectations and optimization of client outcomes.

• Work alongside Sales and Proposals teams to develop offers that highlight SmithRx’s value proposition.

• Craft persuasive and clear employer offers.

• Produce pricing and related responses for RFP platforms.

• Collaborate with Strategy, Supply Chain, and Clinical teams to establish advanced Pharmacy Benefits pricing models.

• Convert pharmacy market events into quantitative financial models and quantify macro-market shifts.

• Analyze customer-level trends to identify significant drivers and inform spending expectations.

• Interpret complex actuarial and analytical findings into narratives suitable for executives, consultants, and employer groups.

• Oversee the creation of external trend reports.

• Partner with Data Analytics to construct drug spend forecast models and automate customer-specific spend forecasting.

• Engage in customer-level assessments for new opportunities and retention strategies.

• Assist with ad hoc strategic projects aimed at supporting SmithRx growth initiatives.

⛳️ Requirements

• Over 10 years of experience in analytical, forecasting, financial, actuarial, or strategy roles, including a minimum of 5 years in healthcare and/or pharmacy-related positions.

• Previous experience in PBM or Pharmacy Consulting is highly desirable.

• Proficient in working with historical claims data to evaluate and manage risk through repricing and trend analyses.

• Strong understanding of pharmacy industry dynamics and significant market events.

• Experience leading discussions with employers, brokers, and pharmacy benefits consultants regarding pharmacy benefits.

• Bachelor’s degree or equivalent experience is required; an advanced degree or MBA is preferred.

• Demonstrated history of delivering outstanding, measurable business impact.

• Experience in a strategic, analytical, and operational capacity within fast-paced environments.

• Ability to leverage data for decision-making and effectively communicate these insights to external stakeholders.

• Excellent written and verbal communication skills, including the ability to present trend expectations rigorously to internal leaders, brokers, pharmacy consultants, and employers.

🏝️ Benefits

• Medical, Pharmacy, Dental, Vision, and Life Insurance, including AD&D Insurance.

• Flexible Spending Benefits.

• 401(k) Retirement Savings Program.

• Short-term and long-term disability coverage.

• Discretionary Paid Time Off.

• Paid Company Holidays.

• Wellness Benefits.

• Commuter Benefits.

• Paid Parental Leave benefits.

• Employee Assistance Program (EAP).

• Well-stocked kitchen at office locations.

• Opportunities for professional development and training.

• Various time off programs.

• Mental health support.