SmithRx
Transparent, pass-through pharmacy benefit manager (PBM) for self-insured employers, backed by cost and rebate guarantees. Founded 2016, San Francisco. CEO Jake Frenz. ~550 staff. $89M raised.
- Open jobs
- 1
- Typical pay
- $90.72–$90.72/hr
- Rating
- 0.0
- Would recommend
- 0%
- Work type
- Services
- Founded
- 2016
- Company size
- 201-1000
- Headquarters
- San Francisco, CA, USA (US; some remote/hybrid)
About SmithRx
SmithRx is a pharmacy benefit manager (PBM) built to fix what its founders saw as broken about traditional PBMs. Self-insured employers use SmithRx to manage prescription-drug benefits for their employees, and the company runs a transparent, pass-through model: rather than profiting from a spread between what it pays and what it charges, SmithRx says it passes through drug costs and rebates to clients and operates independently from insurance companies and pharmacies, so its incentives align with the employers and members it serves rather than with drug manufacturers or middlemen. It backs this with drug-cost, rebate, and service-level guarantees, delivered through a single, modern technology platform paired with concierge-level service, and modern cost-savings programs designed to connect members to the lowest-cost version of their medication. SmithRx was founded in 2016 by Jake Frenz, who is CEO, and is headquartered in San Francisco, California. It employs roughly 550 people and has raised about $89 million in total funding, including a $60 million Series C led by Venrock (an earlier $20 million Series B was also led by Venrock, with Founders Fund participating). SmithRx was recognized on Modern Healthcare's Best in Business list for 2025, its second consecutive year on the list.
Who SmithRx hires
SmithRx hires across the functions of a healthcare technology and pharmacy-benefits company. On the technical side: software engineering (backend, frontend, full-stack, and data), data science and analytics (pricing, rebates, and clinical cost programs depend on strong data work), and product management and design. Because it operates a real PBM, it also hires clinical and pharmacy roles (pharmacists, clinical program staff), pharmacy operations, and account management/client success (its "concierge-level service" promise), plus implementation, sales, actuarial/underwriting, compliance, finance, and people. Application flow lives at smithrx.com/careers. The company is headquartered in San Francisco and hires across the US; some roles are remote or hybrid and others are tied to an office, and roles require US work authorization. Healthcare, PBM, pharmacy, or health-benefits experience is a strong signal for clinical and operations roles; strong data and engineering skills matter across the technical side. Check each posting for location and remote eligibility.
How the SmithRx hiring process works
- 1
Apply at smithrx.com careers
Browse engineering, data, clinical/pharmacy, account management, implementation, sales, and corporate roles and submit through the SmithRx careers site.
- 2
Recruiter screen · about 7 days
Confirms role fit, level, US work authorization, remote/hybrid vs office expectations, and pay.
- 3
Technical or role-specific interview · about 10 days
Engineering/data: coding and system design. Clinical/pharmacy: a benefits or clinical-program scenario. Account management: a client scenario.
- 4
Team interviews · about 10 days
Cross-functional interviews with the team on depth, judgment, and fit for a mission-driven healthtech company.
- 5
Offer · about 7 days
Offer with base plus equity where applicable, aligned to role and location.
Open SmithRx jobs
SmithRx FAQ
What does SmithRx do?
SmithRx is a pharmacy benefit manager (PBM) for self-insured employers, using a transparent, pass-through model: it passes through drug costs and rebates rather than profiting from a spread, backed by cost, rebate, and service-level guarantees, on a modern technology platform with concierge-level service.
Who founded and runs SmithRx?
It was founded in 2016 by Jake Frenz, who is CEO. It is headquartered in San Francisco, California.
How is SmithRx funded?
It has raised about $89 million in total, including a $60 million Series C led by Venrock. It was recognized on Modern Healthcare's Best in Business list for 2025, its second consecutive year.
Are SmithRx jobs remote?
SmithRx is headquartered in San Francisco and hires across the US. Some roles are remote or hybrid and others are tied to an office, and roles require US work authorization. Check each posting for location and remote eligibility.
What roles does SmithRx hire?
Software engineering, data science and analytics, clinical and pharmacy roles, pharmacy operations, account management and client success, implementation, sales, actuarial/underwriting, compliance, finance, and corporate functions.
How much does SmithRx pay?
Across 1 open SmithRx listings with posted pay, the median is $90.72 per hour, and most pay between $90.72 and $90.72 per hour.
Is SmithRx hiring right now?
Yes. SmithRx has 1 open AI training job listed here, updated daily.