SmithRx

Senior Machine Learning Engineer

Remote

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Health-Tech, Pharmacy Benefit ManagementIndustries

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: Always operate with honesty and transparency so we earn the trust of our clients.
  • Courage: Demonstrate the courage needed to take on a broken industry and continuously improve what we offer to optimize health outcomes.
  • Together: Foster a collaborative and inclusive environment that values teamwork, respect, and open communication, and encourages creativity and diversity of thought.

Job Summary

SmithRx is leading the transformation of pharmacy benefit management (PBM) with a cutting-edge platform that delivers real-time insights, cost efficiencies, and exceptional customer experiences. We are seeking an experienced Data Scientist with expertise in a broad range of machine learning technologies as we continue to expand. In this key role, you will leverage our rich data set to drive and implement a wide variety of ML-powered solutions. The position requires at least 5 years of experience in machine learning/AI development, with proven success leading impactful ML initiatives. You will work with cross-functional leaders to deliver impactful AI solutions that directly influence our business outcomes.

In order to be eligible for this position applicants must be based in one of the following states: Arizona, Arkansas, California, Colorado, Florida, Georgia, Kansas, Minnesota, Missouri, Nevada, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin.

What You Will Do

As a member of the SmithRx Platform Engineering and AI team, you will work customer facing as well as internal tooling that leverages AI to improve productivity and quality. You will work directly with software engineers, data engineers, product managers, and subject matter experts in the definition of new generative AI capabilities able to provide our members and internal organizations with the information they need to make proper decisions.

Qualified candidates will have an in-depth knowledge of the most common machine learning algorithms and techniques, know how to train and fine-tune ML models, and design and implement ML-powered systems and tools at scale.

Responsibilities

  • Design and implement end-to-end ML solutions across a variety of high-impact domains, including anomaly detection, claims optimization, and eligibility validation.
  • Collaborate with software and data engineering teams to productionize ML models and integrate them into core business workflows.
  • Leverage the rich data in claims to uncover new, innovative ML use cases that drive business value, improve decision-making, or optimize operations.
  • Identify and prototype use cases for GenAI that could enhance customer experience, increase automation, or improve transparency in decision-making.
  • Contribute to building a scalable ML infrastructure and help establish best practices in model development, evaluation, and monitoring.
  • Act as a thought partner on emerging ML/AI capabilities, including GenAI, and support the team in evaluating their applicability to PBM challenges.

What You Will Bring to SmithRx

  • 5+ years of experience in data science, machine learning/AI development, with proven success leading impactful initiatives
  • MS

Skills

Machine Learning
AI
Data Science
Python
SQL
Cloud Platforms
Statistical Modeling
Data Analysis
Problem Solving
Communication

SmithRx

Pharmacy benefit management with transparent pricing

About SmithRx

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 aims to simplify pharmacy benefits while maximizing value for its clients through transparency, advanced technology, and exceptional customer service.

San Francisco, CaliforniaHeadquarters
2016Year Founded
$94.8MTotal Funding
SERIES_CCompany Stage
HealthcareIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Holidays
Wellness Program
Commuter Benefits
Parental Leave
Mental Health Support
Professional Development Budget

Risks

Increased competition from technology-driven PBMs like Capital Rx could erode market share.
Rapid technological advancements may require costly updates to SmithRx's platform.
Potential regulatory scrutiny on PBM pricing models could impact SmithRx's business model.

Differentiation

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

Upsides

SmithRx secured $60M in Series C funding, indicating strong investor confidence.
Partnership with Banjo Health enhances prior authorization processes using AI technology.
Collaboration with TheracosBio offers cost-effective drug options for Type 2 Diabetes.

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