Labcorp is seeking a Payor Solutions Executive to join our team in supporting a portion of New York, New Jersey, and/or Pennsylvania.
Application window closes:5/27/2026
Pay Range: $100,000 – $135,000
All job offers will bebased on a candidates skills and prior relevant experience, applicabledegrees/certifications,as well as internal equity and market data.
Variable Compensation :
The position is also eligible for bonus and/or commissions under the applicable variable compensation plan. Bonus/commissions are earned based on achievement of performance metrics underthe plan.
Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan.Employees regularly scheduled to work less than 20 hours, Casual, Intern, and Temporary employees are only eligible to participate in the 401(k) Plan.Employees who are regularly scheduled toworka 7 on/7 off schedule are eligible to receive all the foregoing benefits except PTO or FTO. For more detailed information, please.
Job Responsibilities
- Develops new managed care relationships and drives retention and organic growth within existing regional managed care plans across the Southeast.
- Serves as the primary liaison for the implementation of initiatives with national managed care organizations.
- Negotiates new agreements and manage existing contracts between Labcorp and managed care clients, ensuring deliverables and service levels are consistently met.
- Establishes, builds, and maintains strong professional relationships with stakeholders at all decision-making levels within managed care organizations.
- Reinforces the Labcorp position as the national leader in laboratory services and healthcare information.
- Demonstrates and communicates valueadd solutions through a consultative, insight-driven approach.
- Partners closely with Regional Managers of Business Development to identify and pursue additional growth opportunities.
- Takes ownership of assigned managed care revenue retention, contributing ideas for service enhancements and new solution innovation.
- Proactively resolves issues and concerns with a collaborative, solutionoriented mindset.
- Keeps management and sales teams informed of competitive activity within the region and individual accounts.
- Provides timely reports and updates to management as requested.
Minimum Qualifications
- Bachelors degree in business, marketing, healthcare administration or related field.
- 3 years experience or more in account management or sales in the healthcare industry specializing in Managed Care.
Preferred Qualifications
- Masters degree in business, healthcare administration, or related field.
- 5 years experience or more in healthcare account management or sales experience with a focus on managed care, including areas such as valuebased care, contracting, population health management, physician groups, accountable care organizations, and riskbased payment models. Experience conducting contract negotiations, encompassing both financial terms and contractual language.
Additional Job Standards
- Valid drivers license and Ability to travel within assigned territory.
- The ideal candidate will reside within the broader territory.
- Strong written and verbal communication skills.
- Highly detailoriented with strong organizational and research capabilities.
- Ability to build positive business relationships and motivate within a team environment.
- Excellent timemanagement skills.
- Ability to increase productivity, plan penetration, and collaboration with the ACO, hospital and physician sales teams
- Proven success working with crossfunctional partners (e.g., Legal, Revenue Cycle Management, IT, Quality).
- Strong executive presences, negotiation skills, and ability to interpret complex data for strategic decisions.
- MS Excel (spreadsheets) experience: Using formulas, manage data, create charts and apply tools like 6 Pivot tables for analysis.
- MS Power Point (sales presentations): Using Slide Masters, creating custom templates, embedding charts/videos, using presenter view, integrating with Excel data and creating high-impact visual narratives.
- MS Co-Pilot