Pricing Analyst (Hybrid)
- Assist with the design, implementation, and tracking of pricing arrangements.
- Collaborate with members of the pricing and business development teams to conduct pricing analysis and prepare responses to RFPs and pitches that align client and firm business objectives.
- Monitor pricing requests and execute upon the department's pricing approval and fee arrangement setup process.
- Assist with compilation of rate and AFA information for proposals and new business efforts.
- Analyze non-standard pricing requests, make recommendations for financial improvement where necessary, and approve arrangements within authority set by department.
- Develop models to assess the financial impact of pricing proposals using a variety of business analytical tools, including Excel, Sharepoint and PowerBI.
- Conduct annual rate benchmarking, standard rate-setting, and client rate management analysis, making recommendations to the pricing department and firm leaders regarding standard and client rate strategies.
- In partnership with the pricing team, execute upon the firm's process in the annual firmwide Fee Arrangement Review, ensuring compliance with client requirements and firm protocols.
- Assist with compilation of data for firm participation in industry survey requests.
- Collaborate with Client Intake, Finance, Technology, Marketing, Human Resources, and Practice Management on pricing and legal project management needs.
- Prepare, read, and interpret complex information and clearly present findings.
- Perform other responsibilities as assigned.
- Work additional hours as needed to fulfill job requirements.
- 2+ years of experience with complex financial or pricing analysis, preferably at a law firm.
- Bachelor's degree required. Degree in Accounting, Finance, or Economics required.
- Strong technical skills, including advanced Excel skills (including use of vertical and horizontal lookups, macros, pivot tables and modeling) and a high level of proficiency in Word and PowerPoint required.
- Ability to work with mathematical concepts such as probability and statistical inference.
- Experience in using data visualization tools (e.g., Tableau or Power BI) is strongly desired.
- Proficient working with pivot tables and data cubes, and an understanding of relational databases.
- Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
- Strong communication skills (verbal and written) with the ability to develop positive working relationships (in-person and virtually).
- Meticulous attention to detail and accuracy is extremely critical.
- Excellent interpersonal skills with a customer service focus.
- Ability to protect and maintain confidential and sensitive information.
- Ability to manage multiple tasks with effective organizational skills.
- Demonstrated energetic and enthusiastic team player.
- Promote positive work habits, including effective and prompt communication, teamwork, and demonstrating respect for colleagues.
- Contribute to providing the highest quality of service to internal and external clients.
- Take proper initiative and ownership of job responsibilities while ensuring the assignments/job duties are performed successfully and on time.
- Understand and abide by firm policies and embrace firm values.
- Ability to maintain regular attendance and work regularly scheduled hours.
- Ability to sit for long periods of time, type, and handle light lifting (files, copy paper, etc.) in a professional office environment.
- Comply with safe work practices including compliance with the firm's COVID-19 policies and safety measures.
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