Pricing Specialist - Life Sciences Industry

Labcorp is seeking a Pricing Specialist to join our team in Sofia, Bulgaria.

Work Schedule

09:00 - 18:00 - 40 hours per week, based on a five-day working week in a hybrid mode.

This is a temporary role with a minimum duration of 18 months.

Job Responsibilities:

• Perform Pricing Specialist responsibilities independently with minimal supervision, ensuring accuracy and compliance

• Maintain and distribute pricing information, retrieve and analyze data from multiple systems, and operate pricing tools, templates, and approval workflows

• Review and prepare pricing requests and analyses for approval, including tracking progress and supporting pricing decisions with relevant analysis and insights

• Manage M4M processes for large Special Price Requests (SPRs), including making pricing recommendations based on client size and value

• Process account setups, maintenance requests, and pricing requests, ensuring customer master data is accurate, complete, and compliant with business and legal requirements

• Responsible for the setup and maintenance of all customer account information (including deactivation and reactivation of accounts) meeting all business, legal, and compliance guidelines.

• Receive account setup request, determine whether request requires a contract or contract update.

• Document, review, and enter / update customer account information in LabCorp systems as submitted by internal or external customers.

• Complete and retain audit packages.

• Maintains and distributes relevant information in support of customer/test level pricing decisions

• Retrieves, manipulates and understands data from multiple sources (Salesforce or other CRM, LIS, Billing system, Pricing Databases)

• Operates, understands and appropriately engages all pricing templates, pricing calculators, pricing systems approval processes required to calculate and implement approved pricing

• Completes all projects, including any documentation for compliance

• Researches, investigates and supports resolution of pricing issues arising from customer inquiries

• Prepare pre-defined documents/files of data for distribution either upon request or at pre-determined intervals

• Distribute or coordinate distribution of pre-defined documents/data either upon request or at pre-determined intervals

• Respond to or coordinate response to general inquiries regarding company or customer specific price elements

• Understands and follows department processes and SOPs

• Supports non-pricing functions within department as requested

Minimum Qualifications

• Bachelor’s degree in finance, accounting, business or equivalent;

Preferred Qualifications

• 1 or more years of related business experience and relevant work experience in the Healthcare field.

Additional Job Standards

• Proficiency in Microsoft Excel.

• Salesforce experience.

• Experience in Customer Master and Pricing

About the role:

As a member of the Pricing and Customer Master Center of Excellence, the Pricing Specialist is an individual contributor responsible for the delivery of pricing services (including documentation and approvals), entry and maintenance of customer master data, and identification and implementation of process improvements to the same.

• Customer Master: Setup and maintenance of all account information. The role is responsible for gathering account information, entering the information into LabCorp systems, and ensuring the information is accurate and up to date.

• Pricing: Development and execution of pricing requests associated with proposals, customer-specific deals, general price increases, net fee schedule distribution, and / or development of standard price letters. The role is responsible for gathering pricing information and entering the information into LabCorp systems.

• Provides pricing information as required to aid management with pricing decisions. Assists with gathering information for self-audits and/or various special projects including researching system and support functions. Updates and distributes reports.

Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With more than 70,000 employees, we serve clients in more than 100 countries.

Labcorp is proud to be an Equal Opportunity Employer:

Labcorp strives for inclusion and belonging in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications and merit of the individual. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.

We encourage all to apply

If you are an individual with a disability who needs assistance using our online tools to search and apply for jobs, or needs an accommodation, please visit our accessibility site or contact us at Labcorp Accessibility. For more information about how we collect and store your personal data, please see our Privacy Statement.