Costing Associate null

About Labcorp

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 unparalleled diagnostics and drug development capabilities, the company provides insights and accelerates innovations to improve health and improve lives.

Your role

• Interprets low to med complexity study designs for pertinent costing requirements and reviews design changes as they apply to the scope of the work, which may require more frequent peer review
• Works closely with proposal managers and other internal partners on low to med complexity study designs and costing of those designs, which may require more frequent peer review
• Provides workload support in a costing function, typically for a single service line
• Knows the systems being used in the costing function
• Provides general information about business units and metrics, processes, and operations to customers
• Maintain training manuals for the global costing functions
• Performs tasks in support of the global proposal workload as required
• Assists in the costing activities and process improvement initiatives with relevant internal customers
• Assists in the creation and implementation  of new processes as standards to improve business as a result of process projects
• Monitors and ensures the timely costing of any changes to the scope of the study/project
• Work cross-functionally within the client experience team to resolve quote, contract, and billing issues promptly.
• Other duties as assigned

 Training, development & rotations

• Labcorp offers developmental training in self-paced, virtual, and live-in-person formats to help grow your career. 
• The company aims to help improve your cultural awareness, offer valuable global insights and help you develop a strong global mindset.      
• Labcorp increases employee engagement, encouraging cross-team connections and creating a culture of mentorship throughout the organization.

Salary & benefits

The average annual salary for the role of the Costing Associate is around INR 3.0 to 4.1 LPA (source: Ambition Box). Labcorp provides the following benefits.

• Flexible paid time off 
• Employee stock purchase plan
• Healthcare and dependent care flexible spending accounts 
• Life and Accidental Death & Dismemberment Insurance 
• Short-term and long-term disability 
• Tuition reimbursement  
• Adoption assistance 
• Discounts on products and services, such as identity theft protection, legal assistance, and more 

Work-life balance

Work-life balance is rated at 4.1/5.0 according to Ambition Box. Work days are usually from Monday to Friday. They have flexible work timings and work five days a week.

Culture & vibe

The majority of employees at Labcorp believe the environment at Labcorp is positive. Most Participants believe the pace of work at Labcorp is comfortably fast. Overall, employees at Labcorp are generally satisfied with their team. The majority believe the meetings at Labcorp are effective, and the majority look forward to interacting with their co-workers.

How to apply

To apply for this role, just click on the Apply button, which navigates to the career section where the application can be submitted.

The hiring procedure generally varies according to the job.

• Written Exam.
• Group Discussion Round.
• Technical Interview.
• HR Interview.