Quest Diagnostics

Sr. Pricing Manager (Hybrid)

Quest Diagnostics$100K — $130K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, Accounting or Business preferred
  • MBA preferred
  • 5+ years of experience in financial analysis, revenue, or pricing/profitability analysis
  • Strong financial acumen and analytical capabilities
  • Demonstrated creative thinking and problem-solving skills
  • Effective communication skills, both written and oral
  • People leadership experience preferred
  • Experience in medical, healthcare or clinical lab testing environments preferred

Responsibilities

  • Consult and present pricing recommendations to stakeholders
  • Review and approve pricing for test pricing and margins
  • Guide bid initiation and pricing changes for Customer Solutions
  • Manage regional pricing development for national accounts
  • Coordinate multi-region pricing proposal approvals
  • Develop RFP pricing responses for bid proposals
  • Lead and manage day-to-day activities of pricing staff

Benefits

  • Opportunity for hybrid work 3 days a week on site
  • Leadership role with direct reports
  • Engagement with senior management and cross-department teams
  • Focus on driving revenue growth and improving productivity
  • Potential for professional development and career advancement
Full Job Description
JOB DESCRIPTION

Hybrid - 3 days per week on site

Preferred Location - Lenexa, KS

Open to other locations in the state of California, New Jersey, Virginia or Missouri

The Senior Pricing Manager will partner with Health System and Enterprise commercial team and the department leadership. This role will have ~4-6 reports, Pricing Analysts and Senior Pricing Analysts and will report to Sr. Pricing Director.


JOB RESPONSIBILITIES

Consulting, guiding, directing, developing, and presenting recommendations to stakeholders, proposal design, pricing approach, competitive strategy, comp modeling, projected outcomes & impacts and corrective action recommendations while ensuring adherence to policy & procedure requirements.

6 Bid review and pricing approval for test pricing, test margin, test margin/req, contribution margin/gross margin (approval as delegated by Senior Pricing Director)

6 Provide direction to Customer Solutions on bid initiation/pricing changes/account linkages/account set-up, Contract Administration for bid proposals/appropriate contract language, Billing & Pricing Infrastructure for bid proposals/ implementation

6 Manage the development of pricing for National accounts that use specific region/state developed pricing. Coordinate approvals of the recommended pricing

6 Coordinate pricing proposal development and gain approvals across regions for multi-region clients

6 Manage the development of RFP pricing response for bid proposal

6 Responsible for the development, management, implementation and execution of pricing projects and initiatives that improve revenue growth, reduce turnaround time and improve productivity

6 Lead and manage staff through day-to-day activities, manage TAT and provide appropriate coaching and development

6 Participate and help improve/maintain Employee Engagement scores

6 Provide Audit support as needed

Ensure adherence to the following policies:

6 Corporate Authorization Matrix

6 Price Concession & Deal Strategy Policy

6 Compliance Policies applicable to pricing, billing

6 Pricing Policy

6 TSO Policy

6 Regional & National Group Purchasing Agreements

6 Medicaid Billing Requirements


JOB QUALIFICATIONS

6 Bachelors degree in finance, Accounting or Business preferred

6 MBA preferred

6 Minimum of 5+ years of experience in financial analysis, revenue, or pricing/profitability analysis

6 Demonstrated creative thinking, problem solving and organization skills

6 Strong Financial acumen and analytical capabilities

6 Solid business judgement, strong critical thinking, and analytical ability to create and determine recommendations and make decisions

6 Effective Framing and Influencing, able to articulate solutions and options and get buy in from key stakeholders

6 Strong interpersonal skills, team-work oriented and ability to work successfully in a matrixed, highly collaborative, and fast paced work environment

6 Ability to work independently and drive projects from start to finish

6 Effective communication both written and oral

6 High energy level, self-driven and able to handle multiple projects and proposals simultaneously

6 People leadership experience preferred

6 Experience in medical, healthcare or clinical lab testing environments preferred

6 Must pass applicable Quest Diagnostics Pricing tests

6 Ability to travel 25%

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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