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Jobright.ai RxSense is a leading healthcare technology company delivering innovative solutions for pharmacy benefits and prescription savings. The Data Scientist will design and implement algorithms to optimize pricing and marketing spend allocation, working closely with various teams to maximize savings for customers and margins for the company. Responsibilities: • Work with stakeholders throughout the organization to identify opportunities for leveraging company data to drive business solutions. • Partner with Analytics Engineering to source needed data and ensure data is transformed and quality controlled in a format suitable to enable the required analysis. • Use SQL, Python and Open-source machine learning packages to create predictive models for audience segmentation, marketing response rates, demand forecasting, reversal rates, price elasticity estimation, and lifetime value estimation. • Designs product and pricing experiments as well as frameworks to measure their impact; may include measurement of prescription demand, activation rates, pricing sensitivity and reversal rates. • Designs and implements optimization algorithms to set specific drug pricing to maximize net script volume, activations and margin while meeting aggregate level contractual constraints and strategic competitive positioning requirements. • Coordinate with marketing, finance, engineering and product teams to implement models and monitor outcomes. • Develop processes and tools to implement A/B testing and monitor and analyze model performance and data accuracy. • Create dashboards to monitor and visualize performance of the algorithms and identify issues that require attention. Qualifications: Required: • Master's degree or equivalent; or four to ten years related experience and/or training; or equivalent combination of education and experience. • 1-3 years of experience building statistical/machine learning models and conducting in-depth analyses • A solid grasp on both theory and application of statistical modeling and an understanding of how to balance academic research with practical implementation • Advanced Python skills • Strong database knowledge and solid experience in SQL • Experience solving constrained optimization problems using commercial and/or open-source software packages • Experience with Tableau or other visualization tools Company: RxSense is a health technology company provides IT solutions for flexible, efficient, and transparent pharmacy benefits administration. Founded in 2015, the company is headquartered in Boston, Massachusetts, USA, with a team of 201-500 employees. The company is currently Growth Stage. Seniority level

Seniority level Entry level Employment type

Employment type Full-time Job function

Industries Software Development Referrals increase your chances of interviewing at Jobright.ai by 2x Inferred from the description for this job

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