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For Companies At a Glance
- Tasks: Lead strategic pricing initiatives and collaborate with global teams to drive business growth.
- Company: Join Labcorp, a leader in healthcare innovation and life-changing breakthroughs.
- Benefits: Remote work flexibility, competitive salary, and opportunities for professional development.
- Why this job: Make a real impact in healthcare while developing your skills in a dynamic environment.
- Qualifications: 7 years in healthcare or pharma, with strong negotiation and strategic thinking skills.
- Other info: Work remotely with a diverse team and enjoy excellent career advancement opportunities.
The predicted salary is between 36000 - 60000 £ per year.
At Labcorp, you are part of a journey to accelerate life-changing healthcare breakthroughs and improve the delivery of care for all. You’ll be inspired to discover more, develop new skills and pursue career-building opportunities as we help solve some of today’s biggest health challenges around the world. Together, let’s embrace possibilities and change lives!
Overview
Reporting to the Director Commercial Development, the Strategic Pricing Lead serves as the primary pricing expert supporting the sales organization. This role manages responses to RFPs and pricing inquiries, and collaborates with global teams to analyze market dynamics and assess new opportunities.
Duties and Responsibilities
- Oversee the pricing strategies of studies and RFPs using a proprietary pricing model and data-driven decision support tools.
- Analyze internal and external data to drive new business creation while managing margin targets.
- Conduct quality reviews of budgetary outputs and associated documents.
- Empower sales functions by effectively communicating pricing details and meeting client needs.
- Coordinate across functions to deliver high-quality pricing outputs efficiently.
- Participate in external client discussions related to pricing.
- Evaluate programs and benchmarks to recommend pricing structures and ensure adherence to processes.
- Review and revise optimal pricing guidelines, parameters, and best practices.
- Analyze pricing activities with Senior Management and recommend improvements to profitability and mix.
- Track metric-based indicators to drive profitable business growth.
Minimum Education and Experience Required
- BS degree in Finance, business, science, or related field (or equivalent work experience).
- 7 years of progressive experience in healthcare, pharma, or CRO industry.
Preferred Qualifications
- Experience in Commercial aspects of CRO business.
Skills and Competencies
- Strategic thinking and execution.
- Strong negotiation skills.
- Excellent written, verbal, and interpersonal skills.
- Ability to reach agreement through discussion and compromise.
- Excellent customer service, attention to detail, and persistence.
- Comfort with fast-paced, agile environments.
- Ability to interact with diverse sociocultural backgrounds.
- Strong planning, organizational, and problem-solving skills.
- Self-starting initiative and collaborative work ability.
Working Conditions
- Remote employee willing to accommodate different time zones.
- Occasional extended hours to meet client deadlines.
- Travel up to 10% domestic and global.
Equal Opportunity Employer
Labcorp is proud to be an Equal Opportunity Employer. We make employment decisions based on qualifications and merit, without regard to protected characteristics. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, pregnancy, family or parental status, marital status, sexual orientation, gender identity, disability, or any other legally protected characteristic. We encourage all to apply.
Strategic Pricing Lead - Remote (United Kingdom) in London employer: Labcorp
Contact Detail:
Labcorp Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Strategic Pricing Lead - Remote (United Kingdom) in London
✨Tip Number 1
Network like a pro! Reach out to people in your industry, especially those who work at Labcorp or similar companies. A friendly chat can open doors and give you insider info on the hiring process.
✨Tip Number 2
Prepare for interviews by practising common questions related to strategic pricing and market analysis. We recommend using the STAR method to structure your answers – it helps you showcase your experience effectively!
✨Tip Number 3
Showcase your skills in negotiation and strategic thinking during interviews. Bring examples of how you've successfully managed pricing strategies or improved profitability in past roles – this will make you stand out!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Strategic Pricing Lead - Remote (United Kingdom) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Strategic Pricing Lead role. Highlight your experience in pricing strategies and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background in healthcare or pharma makes you a perfect fit. Let us know what excites you about working with us at Labcorp.
Showcase Your Analytical Skills: Since this role involves analysing market dynamics, be sure to include examples of how you've used data to drive decisions in your previous roles. We love seeing candidates who can think strategically and back it up with solid evidence!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people. Don’t miss out on this opportunity!
How to prepare for a job interview at Labcorp
✨Know Your Numbers
As a Strategic Pricing Lead, you'll need to be comfortable with data. Brush up on key metrics related to pricing strategies and market dynamics. Be ready to discuss how you've used data in past roles to drive decisions and improve profitability.
✨Showcase Your Strategic Thinking
Prepare examples that highlight your strategic thinking skills. Think about times when you’ve developed or revised pricing structures based on market analysis. This will demonstrate your ability to align pricing strategies with business goals.
✨Communicate Clearly
Since this role involves empowering sales functions and communicating pricing details, practice articulating complex pricing concepts in simple terms. Use clear, concise language to explain your thought process during the interview.
✨Be Ready for Role-Play
Expect some role-play scenarios where you might have to negotiate pricing or respond to client inquiries. Prepare by thinking through potential questions and practicing your responses. This will help you feel more confident and showcase your negotiation skills.
