Quest Diagnostics

Senior Financial Analyst, Clinical Franchise Pricing (Hybrid - 3x a week in Secaucus, NJ)

Quest Diagnostics$100K — $115K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-7 years of experience in pricing, operations, finance, marketing, or sales analysis.
  • BA/BS in Finance, Economics, or related field required.
  • Demonstrated critical thinking and problem-solving skills amidst ambiguity.
  • Strong AI literacy with ability to validate AI outputs and integrate insights into business deliverables.
  • Advanced skills in Excel for data manipulation and modeling, including macros and pivot tables.
  • Experience with data analysis tools (e.g., Access, SQL, Python), dashboarding (Tableau, Power BI), and financial modeling.
  • Excellent verbal and written communication skills.

Responsibilities

  • Develop and implement robust pricing strategies through analysis of products, market dynamics, and financial data.
  • Design analytical tools and dashboards for efficient pricing data processing.
  • Collaborate with Product Managers to create Value Quantification models for pricing negotiations.
  • Deliver actionable recommendations to enhance revenue via pricing model improvements.
  • Lead and support cross-functional projects addressing revenue growth and operational excellence.

Benefits

  • Comprehensive medical, dental, and vision coverage starting from Day 1 for full-time employees.
  • Robust well-being programs and a no-cost health assessment program.
  • Flexible vacation and health/flex time, plus holidays and a special day off.
  • 401(k) with company match and employee stock purchase plan.
  • Life and disability insurance options, plus educational assistance for career development.
Full Job Description
JOB DESCRIPTION

Pay Range: $100,000 - $115,000 / 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 Pricing Strategy team has an opportunity available for a Senior Financial Analyst at our corporate headquarters in Secaucus, NJ.  Pricing Strategy is a Center of Expertise within the Finance function.

 

Context: 

Our Clinical Solutions are organized into eight disease/health states, including General Health & Wellness, Women’s and Reproductive Health, Oncology, Sports Diagnostics and more.  A primary responsibility is to partner with Clinical Solutions Product Managers, Finance, Operations, Compliance and Legal to develop value-based pricing recommendations for product launches and strategic repricing. 

 

Pricing recommendations are data driven. The Senior Financial Analyst role leverages internal systems and models to develop financial forecasts that lead to actionable insights in support of business solutions. There are opportunities for both ownership and/or partnership on decisions. Price adjustments have significant revenue implications based on the multiple payors in the healthcare industry, including Patient, Client, Third Party and Government. The role requires assessing implications of price adjustments by applying pricing fundamentals, financial rigor, and marketing strategy. There are large scale opportunities that require participation from stakeholders and business partners across the company. The Senior Financial Analyst will lead and/or partner on cross functional projects that support revenue growth, risk mitigation and/or operational excellence. 


JOB RESPONSIBILITIES

The Senior Financial Analyst on the Pricing Strategy team plays a cross-functional role in developing, implementing, and managing a portfolio of key Strategic Pricing initiatives.  These include Pricing Strategy, Clinical Solutions pricing, and Value Quantification. Key responsibilities include:

 

  • Develop and implement pricing strategies based on thorough analysis of product offerings, market dynamics, and financial data. Strategies are built in collaboration with Clinical Solutions, Commercial, Compliance and other internal stakeholders.
  • Design and generate analytic tools and dashboards to help the team and business partners efficiently process and interpret pricing data.
  • Partner with Clinical Solutions Product Managers to create Value Quantification models that inform strategic pricing negotiations.
  • Deliver fact-based recommendations to optimize revenue through pricing model enhancements.

JOB QUALIFICATIONS
  • Work Experience: Minimum of 4-7 years with a mix of pricing, operations, finance, marketing, or sales analysis experience with strong quantitative capabilities
  • BA/BS or higher in Finance, Economics or related field.
  • Proven critical thinking and problem-solving skills, with the ability to overcome ambiguity to develop accurate, detailed solutions.
  • Strong AI literacy, demonstrating the ability to craft structured prompts, critically evaluate and validate AI-generated outputs, and integrate these insights into high-quality business deliverables.
  • Strong data manipulation and modeling skillsets using Excel (e.g. macros, pivot tables).
  • Advanced experience with data analysis tools (e.g. Access, SQL and/or Python), dashboarding (e.g. Tableau, Power BI), and financial modeling/analysis.
  • Excellent verbal and written communication skills.
  • Demonstrated ability to take initiative, successfully handle and prioritize multiple competing assignments.
  • Strong sense of personal accountability and the drive to make a difference in results and relationships.

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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