Randstad Senior Pricing Analyst in Chicago, Illinois
Senior Pricing Analyst
salary:$80,000 - $87,000 per year
date posted:Wednesday, February 13, 2019
industry:Professional, Scientific, and Technical Services
Senior Pricing Analyst
Are you experienced in pricing? Want to be part of a highly established, award winning team? Looking to work directly with Partners responsible for pricing and expand that to working with the global team? If this is you - lets chat!
location: Chicago, Illinois
job type: Permanent
salary: $80,000 - 87,000 per year
work hours: 9 to 5
education: Bachelor's degree
experience: 6 Years
Under the leadership of the Director, work with a variety of key stakeholders, both lawyers, professionals and business services staff, to support the development of profitable pricing solutions in response to client RFPs and informal pricing requests.
Undertake detailed financial analysis in relation to and in support of the development of pricing options in response to client requests.
Provide leadership in the development and evaluation of alternative fee arrangements, with appropriate consideration of quantitative and qualitative criteria.
Maintain data and analyses for future use in planning and reporting.
Demonstrate a broad and comprehensive knowledge of rate structures, discount arrangements and alternative fee arrangements.
Advise and educate attorneys on the potential risks and reward of non-standard fee arrangements.
Ensure fee proposals are consistent with strategic goals and appropriately capture value.
Conduct detailed post matter financial analysis with the aim of utilizing historical matter data and related insight to assist in the pricing of future matters and improving financial performance.
Develop and proliferate best practices, tools, templates, and reference materials across the firm's client portfolio.
Partner with business development/marketing, practice management, finance, conflicts/risk, and other departments to identify and deploy operational best practices.
Deliver excellent customer service in response to lawyer, professional and client requests.
Other duties may be assigned to fully meet the requirements of the position.
Experience & Qualifications
Bachelor's degree in accounting, finance or equivalent. MBA and/or JD preferred.
Minimum 10 years of professional experience with demonstrated growth in scope of responsibilities, ideally within a law firm or professional services organization.
Minimum 4 years of specific strategic financial, pricing analysis, reporting and/or project management experience in a law firm or a professional services firm with advanced knowledge of the legal industry.
Strong commercial / business acumen, with the ability to understand the larger context surrounding pricing approaches and translate those into a body of knowledge that helps shape the Firm's pricing strategy.
Proficient in financial modelling and spreadsheet functionality is required. Must be able to manipulate data effectively and present findings to management and attorneys.
Proficient in Microsoft Office applications, particularly Microsoft Excel, Outlook and PowerPoint.
Ability to manage and prioritize multiple simultaneous projects and complete work within given time constraints.
Detail oriented, exercise sound judgment and possess the confidence and interpersonal skills to communicate effectively with the Firm's senior management, lawyers, professionals and business staff.
Mature, self-motivated person with a positive, professional attitude, with a progressive, consistent work history and excellent references.
Possess ability to build relationships and foster a collaborative environment with all stakeholders.
Ability to recommend best practices to improve processes and procedures.
Communicate in a manner that demonstrates experience and a grasp of the strategic intent of a subject matter.
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.