Pricing Analyst

About This Role

The Pricing Analyst supports the Pricing Team in administering pricing objectives that align with the Firm's strategy. This involves compiling and analyzing financial data, creating models to support pricing efforts, and building reports to track actuals and identify trends. The position may be filled remotely or in any of the firm's locations.

Responsibilities

• Assist Pricing leadership with the development of pricing programs and financial models and provide ongoing measurement on their effectiveness
• Analyze market trends and competitor pricing to identify strategic opportunities and improvements
• Collaborate with cross-functional teams to support business objectives
• Generate financial analyses that support the development of pricing strategies, pricing policies, and optimization of pricing management
• Provide ongoing profitability analytics, and timely and accurate financial information to support the firm's client profitability objectives
• Support the annual billing rate-setting process, including benchmarking analysis and ongoing maintenance of hourly and alternative fee arrangements
• Maintain and validate the accuracy of pricing databases, tools, and templates, including Iridium and Elite 3E, to ensure consistent and reliable data capture
• Prepare and present pricing analyses, reports, and dashboards to Pricing leadership and attorneys to support decision-making
• Provide ad hoc financial analyses as requested
• Assist in developing and maintaining a pricing model database
• Assist in responding to requests from attorneys for matter planning, budgeting, and tracking
• Identify and implement opportunities to leverage Excel and automation to minimize effort where possible
• Assist in responding to requests for proposals specific to alternative pricing strategies; prepare pricing estimates
• Perform other duties as assigned

Requirements

• 4-year degree with major coursework in Finance preferred; or combination of education and commensurate work experience required
• 2+ years of related work experience in pricing, financial, profitability analysis or economics, preferably in a professional services environment
• Knowledge of legal statistical modeling and pricing tools required
• Robust analytical skills
• Ability to utilize computer systems and related tools, including Iridium, Elite 3E, Microsoft Excel, Outlook, Word and PowerPoint
• Strong written and interpersonal communication skills
• Demonstrated proficiency in all Microsoft Office products, specifically Excel
• Ability to deliver superior service to all internal and external customers and communicate effectively
• Ability to interact in a professional and courteous manner with clients and employees at all times; professional appearance required