Quest Diagnostics

Manager, Corporate Development (Hybrid - Secaucus, NJ)

Quest Diagnostics$120K — $130K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6-8 years in corporate business development, strategy, investment banking, consulting, or healthcare venture investing.
  • Health industry experience or deal experience preferred.
  • Prior analysis experience in companies and technology across diverse healthcare sectors such as diagnostics and lab services.
  • Ability to build and analyze financial models and statements efficiently.
  • Strong interpersonal skills and experience managing projects within cross-functional teams.

Responsibilities

  • Support corporate growth via strategic partnerships and investments.
  • Conduct market research on technology and healthcare companies.
  • Prepare presentations on licensing and investment opportunities for senior management.
  • Develop financial and valuation models for evaluating deals.
  • Lead due diligence and manage equity transaction activities.
  • Collaborate with venture partners and banks during deal execution.
  • Maintain business development pipeline and produce strategic reports for senior management.

Benefits

  • Day 1 medical, dental, and vision for full-time employees
  • Well-being programs and health assessments
  • Generous vacation and paid time off, including 6 holidays plus an extra day off
  • Financial coaching and services offered through FinFit
  • 401(k) plan with company match after 12 months
  • Employee stock purchase plan available
  • Education assistance and career advancement opportunities
Full Job Description
JOB DESCRIPTION

Pay Range: $120,000 - $130,000 / year

Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. Successful candidates may be eligible to receive annual performance bonus compensation.

Benefits Information:

We are proud to offer best-in-class benefits and programs to support employees and their families in living healthy, happy lives. Our pay and benefit plans have been designed to promote employee health in all respects – physical, financial, and developmental. Depending on whether it is a part-time or full-time position, some of the benefits offered may include:

· Day 1 Medical, supplemental health, dental & vision for FT employees who work 30+ hours

· Best-in-class well-being programs

· Annual, no-cost health assessment program Blueprint for Wellness®

· healthyMINDS mental health program

· Vacation and Health/Flex Time

· 6 Holidays plus 1 "MyDay" off

· FinFit financial coaching and services

· 401(k) pre-tax and/or Roth IRA with company match up to 5% after 12 months of service

· Employee stock purchase plan

· Life and disability insurance, plus buy-up option

· Flexible Spending Accounts

· Annual incentive plans

· Matching gifts program

· Education assistance through MyQuest for Education

· Career advancement opportunities

· and so much more!

 

The Manager Corporate Business Development is responsible for supporting strategic growth initiatives through partnerships, strategic investments, innovative commercial opportunities, joint ventures, licensing and acquisitions. This will be a key role supporting the Corporate Business Development team in their evaluation and execution of transactions. The role is responsible for developing and preparing financial models, supporting technology assessment, managing end-to-end due diligence, negotiating transaction agreements and presenting strategic recommendations key leaders and stakeholders. Responsible for research and evaluation of potential deals while also providing organizational support within a team environment. This individual will prepare valuation analysis in Excel and C-Suite level business cases in PowerPoint, support due diligence, and be leveraged in the negotiation process. Ideal candidate brings strong strategic thinking, financial and analytical rigor, and proven experience driving partnerships or executing transactions in healthcare, life sciences, or related sectors.


JOB RESPONSIBILITIES
  • Supports strengthening overall quality of deal flow spawning from Quest and that align with Quest’s strategic interest 
  • Drives Corporate Business Development strategic initiatives through the researching and monitoring of markets, technology, intellectual property and companies 
  • Responsible for preparation of company profiles and presentations on proposed licensing transactions, strategic investments, and alliances for senior management review
  • Responsible for developing financial models and valuation models to screen and evaluate licensing and investment opportunities
  • Assists with sourcing and identification of innovation opportunities and monitoring venture landscape for disruptive business models and healthcare solutions
  • Leads investment management activities and drives due diligence on equity transactions including organizing and coordination of the deal team activities
  • Has direct interaction with Bankers, Venture Capital firms, and strategic partners through the deal execution process
  • Collaborates with cross-functional teams across the organization on the execution of key transactions
  • Maintains BD pipeline and strategic investment database, develops Quarterly BD Pipeline Report and strategic investment reports that are used to organize the Business Development group’s activities and to communicate with senior management

     


JOB QUALIFICATIONS

Work Experience:

  • 6 – 8+ years of experience in corporate business development, strategy, investment banking, consulting, or healthcare venture investing

 

Preferred Work Experience:

  • Healthcare industry experience and/or deal experience 
  • Prior experience in analyzing companies and technology platforms across a wide range of industry subspecialties including lab services, healthcare information technology, and molecular diagnostics / in-vitro diagnostics is preferred

 

Skills:

  • Experience building financial models and analyzing financial statements
  • Research skills and experience using web-based screening tools
  • Experience working with different teams and functional areas in a highly “matrixed” corporate organization
  • Experience in evaluating emerging technologies by assessing technical feasibility, clinical utility and competitive differentiation  
  • Demonstrated success in influencing and collaborating across many functions and levels
  • Demonstrated ability to think strategically, and develop strategic insights about industry drivers, clinical trends and competitive landscape to subsequently develop a corporate business development strategy
  • Proficiency in Microsoft Word, Excel and PowerPoint as well as Internet/Web applications
  • Deal oriented execution capability - ability to deal with ambiguity
  • Must create scenarios of alternative outcomes and make reasonable judgments based on limited and imperfect information 
  • Strong interpersonal and stakeholder management skills
  • Must possess intellectual integrity and personal trustworthiness to the extent that he/she generates trust among directors from multiple functions
  • Excellent persuasive written and oral communication skills
  • Strong planning and organization skills
  • Ability to manage multiple transactions with multiple parties/business partners 
  • Ability to interact confidently with all levels of employees including Senior Management
  • Team oriented
  • Ability to work independently and drive projects to conclusion
  • Strong PC skills required 

 

Education:

  • Business or Scientific Bachelor’s Degree (Required)
  • Master’s in related field (Preferred)

About Quest Diagnostics

Celera is a healthcare business that uses knowledge of human variability to provide new tests and services to personalize disease management. Their Products business develops and manufactures molecular diagnostic products that are used by hospitals and other clinical laboratories to detect, characterize, monitor and select treatment for disease. They have a distribution agreement with Abbott, through which they develop and commercialize a wide range of molecular diagnostic products, with Abbott serving as the distribution partner.

Quest Diagnostics Careers

Joining Quest Diagnostics means becoming part of a team committed to everyday excellence and innovation in health. As a leading provider of diagnostic insights, Quest Diagnostics offers unparalleled job opportunities in the medical and scientific sectors, making it an ideal place for professionals seeking growth and development in their careers.

Work You’ll Do

At Quest Diagnostics, you will contribute to a culture that values integrity and accountability, where your work significantly impacts patient health and community well-being. Our diverse team of professionals leverages cutting-edge technology and data to lead advancements in diagnostics and healthcare solutions.

Explore Career Opportunities

Whether you're looking for a position in the lab, a leadership role, or a support function, Quest Diagnostics provides a breadth of opportunities. Our commitment to professional growth includes robust training programs and opportunities for advancement, ensuring that every employee can thrive professionally.

Innovate with Us

Join a team where innovation is at the heart of what we do. At Quest Diagnostics, your skills in science, technology, and beyond can help drive transformation in healthcare services. Our collaborative environment encourages creativity and out-of-the-box thinking to improve patient outcomes and streamline processes.

Internship and Employment Opportunities

Start your career path with Quest Diagnostics through our internship programs or full-time employment opportunities. We are committed to hiring talented individuals who are passionate about building a rewarding career in healthcare. Our internships provide a solid foundation in industry-specific skills and networking opportunities, setting the stage for a successful career.

Benefits and Culture

Quest Diagnostics is dedicated to fostering a workplace where diversity and inclusion are embedded in our DNA. From competitive benefits and wellness programs to diversity training and flexible work arrangements, we ensure our employees have what they need to succeed both professionally and personally.

Leadership and Development

We believe in nurturing leadership skills at every level of the organization. Quest Diagnostics offers various leadership programs designed to help you grow as an influential professional. With continuous learning and development, you can expand your expertise and take on new challenges.

Join Our Team

Search open positions that match your skills and interests. At Quest Diagnostics, we look for driven, curious, and innovative team players who are ready to make a difference. Explore the many facets of our business, from scientific research to client services, and find where you can make your mark.

Stay Connected

Keep up to date with career tips, industry insights, and the latest innovations at Quest Diagnostics. Our careers blog offers valuable information to help you navigate your professional journey effectively.

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Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Quest Diagnostics. At Quest Diagnostics, every role has an impact. Embark on your career journey with us and transform the landscape of healthcare through the power of insight.
Learn more about Quest Diagnostics
Size
40,000 employees
Market Cap
$17.8 billion
Industry
Net Income
$1.4 billion
Founded
1959
5 Year Trend
+7.5%
Revenue
$9.4 billion
NASDAQ

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