Remove the beef roast from the refrigerator and let it sit at room temperature for 30 minutes.
Preheat your pellet smoker to 225°F, using your favorite wood pellets (we recommend oak or cherry)
In a small bowl, mix together the salt, pepper, garlic powder, onion powder, paprika, thyme, and rosemary to create a dry rub.
Generously sprinkle the dry rub over the roast, making sure to cover it completely.
Place the beef roast on the smoker grate and smoke for 2 hours or until the internal temperature of the roast reaches 110°F (20°F under your preferred doneness temperature)
Increase the temperature of your pellet smoker to 500°F, and sear the roast over direct heat for 5 minutes or until it reaches an internal temperature of 130°F for medium rare.
Remove the smoked beef roast from the smoker, and let it rest for 20 minutes before slicing and serving.