Pricing Analyst (Hybrid - open to several locations)

Quest Diagnostics•Secaucus, NJ

1d•$70,000 - $80,000•Hybrid

About The Position

The general purpose of this position is to assist Sales with the development of a pricing strategy and execute the bid development process for hospital clients. The individual is responsible for understanding customer needs, identifying the initial Sales pricing strategy, analyzing current market trends and development of proposed pricing. In addition, other operational tasks will be required including test mapping, review of pricing guidelines, completion of P&L and determining client profitability.

Requirements

Bachelor’s Degree in Accounting, Finance or Marketing
2 years of experience in financial analysis, revenue or profitability analysis
Proficient in Excel, problem solving skills, analytical ability, planning and organization skills
Demonstrated ability to manage multiple priorities for multiple customers while exhibiting flexibility and teamwork
Exceptional communication skills to convey the quantitative results of at all levels
Ability to work independently with minimal supervision
Ability to work additional hours to meet customer expectations as needed

Responsibilities

Support Hospital Business with pricing and profitability analyses with an emphasis on retaining profitable customers and winning new prospects
Work directly with Sales to understand the customer needs to develop a client specific pricing strategy, effectively discuss the strategy with sales to gain support
Analyze customer segmentation data using pricing tools to develop test specific pricing proposals. Ensure proposed pricing meets established corporate guidelines
Develop P&L for new proposal showing impact to current business and upsell potential for review and approval of management
Develop and provide sales-related information to the Account Analysts at the Business Units, indirectly supporting their pricing and profitability efforts
Perform test code mapping of client utilization to Quest test codes, Affiliate lab test codes and competitors. Perform quality checks on mapping of high volume test
Execute accepted pricing proposal by completing support activities by coordinating changes with the billing department
Support the Regional Finance Director or Pricing Director with ad-hoc pricing analysis and administrative activities relating to the Hospital Business
Support the Hospital Business with pricing analysis regarding Group Purchasing Organizations, Managed Care Accounts, and other National Accounts as needed
Provide analytical support for special projects or other assignments as needed

Benefits

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!