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

Posted 2 Months Ago
Secaucus, NJ, USA
Hybrid
100K-115K Annually
Senior level
Healthtech • Database
The Role
Lead pricing strategy and value quantification for Clinical Solutions. Build financial forecasts, analytic tools, dashboards, and value models. Partner cross-functionally to deliver data-driven pricing recommendations that optimize revenue, mitigate risk, and support product launches and repricing decisions.
Summary Generated by Built In

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. 

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.
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 the Team Quest Diagnostics honors our service members and encourages veterans to apply.
While we appreciate and value our staffing partners, we do not accept unsolicited resumes from agencies. Quest will not be responsible for paying agency fees for any individual as to whom an agency has sent an unsolicited resume.
Equal Opportunity Employer: Race/Color/Sex/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Vets or any other legally protected status.

Skills Required

  • Minimum of 4-7 years experience in pricing, operations, finance, marketing, or sales analysis with strong quantitative capabilities
  • BA/BS or higher in Finance, Economics or related field
  • Proven critical thinking and problem-solving skills, ability to overcome ambiguity
  • Strong AI literacy, ability to craft structured prompts, evaluate and validate AI outputs
  • Strong data manipulation and modeling skills using Excel (macros, pivot tables)
  • Advanced experience with data analysis tools (Access, SQL and/or Python)
  • Experience with dashboarding tools (Tableau, Power BI)
  • Excellent verbal and written communication skills
  • Demonstrated ability to take initiative and prioritize multiple competing assignments
  • Strong sense of personal accountability and drive to impact results and relationships
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The Company
HQ: Secaucus, NJ
25,839 Employees
Year Founded: 1967

What We Do

Quest Diagnostics (NYSE: DGX) empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 47,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. The company offers physicians the broadest test menu (3,000+ tests), is a pioneer in developing innovative new tests, is the leader in cancer diagnostics, provides anatomic pathology (AP) services, & interpretive consultation through its medical & scientific staff of about 900 M.D.s & Ph.D.s. The company reported 2020 revenues of $9.44 billion. Quest Diagnostics offers the most extensive clinical testing network in the U.S., with laboratories in most major metropolitan areas, & in Mexico, the UK & India. The company also operates four esoteric laboratories, 40 outpatient AP laboratories, & 160 smaller, rapid-response laboratories. Patients may have specimens collected in any of the company’s approximately 2,250 patient service centers. On a typical workday, testing is performed for about 550,000 patients. Quest Diagnostics empowers healthcare organizations & clinicians with state-of-the-art connectivity solutions. The company is the leading provider of pre-employment drugs-of-abuse screening for employers & risk assessment services for the life insurance industry. It is the world’s 2nd largest provider of clinical trials testing for new pharmaceuticals. More information is available at www.questdiagnostics.com. Language Assistance / Non-Discrimination Notice Asistencia de Idiomas / Aviso de no Discriminación 語言協助 / 不歧視通知 www.QuestDiagnostics.com/home/nondiscrimination

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