Overview
This role supports the Pricing Team in administering pricing objectives that align with firm strategy. Responsibilities include compiling and analyzing financial data, creating models to support pricing efforts, and building reports to track actuals and identify trends.
This position may be filled remotely, or in any of the organization’s locations.
Responsibilities
- Assist pricing leadership with the development of pricing programs and financial models, including ongoing measurement of 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 to support pricing strategies, pricing policies, and optimization of pricing management.
- Provide ongoing profitability analytics and timely, accurate financial information to support 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.
- Support requests for proposals specific to alternative pricing strategies by preparing pricing estimates.
- Other duties as assigned.
Requirements
- Ability to deliver superior service to all internal and external customers and communicate effectively.
- Ability to interact professionally and courteously with clients and employees at all times; professional appearance required.
- Excellent organizational, time-management, and prioritization skills.
- Ability to work collaboratively in a team environment and adapt to changing business demands.
- Ability to produce an acceptable amount of work efficiently and accurately, with quality final deliverables.
- Ability to exercise good judgment, make sound and practical decisions, and assume responsibility; able to act decisively under deadlines.
- High level of professional integrity, including the ability to maintain confidentiality and build trust.
Preferred Qualifications
- 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.
Skills & Tools
- Robust analytical skills.
- Proficiency using computer systems and related tools, including Iridium, Elite 3E, Microsoft Excel, Outlook, Word, and PowerPoint.
- Strong written and interpersonal communication skills.
- Demonstrated proficiency in Microsoft Office products, specifically Excel.
Compensation & Benefits
Compensation is commensurate with skill and experience. The exact compensation will vary based on skills, experience, location, and other factors permitted by law.
Expected compensation ranges by location:
- State of California: $72,000 - $146,000
- State of Colorado: $66,000 - $118,000
- State of Connecticut: $57,000 - $144,000
- State of Illinois: $65,000 - $126,000
- State of Maine: $49,000 - $113,000
- State of Maryland: $70,000 - $105,000
- State of Massachusetts: $72,000 - $137,000
- State of Minnesota: $72,000 - $119,000
- Jersey City, NJ: $78,000 - $141,000
- State of New York: $67,000 - $144,000
- State of Vermont: $71,000 - $136,000
- State of Virginia: $47,000 - $136,000
- State of Washington: $70,000 - $132,000
- Washington, D.C.: $93,000 - $136,000
These salaries do not include a discretionary bonus. Bonus opportunities are non-guaranteed and dependent upon individual and firm performance.
Full-time employees receive benefits including:
- Medical and dental coverage
- Life insurance
- Short-term and long-term disability insurance
- Pre-tax flexible spending account for certain medical and dependent care expenses
- Employee assistance program
- Paid Time Off
- Paid holidays
- Participation in a retirement plan program after meeting eligibility requirements
- More
Location
Remote or one of the organization’s locations.
Application Materials
Please include a cover letter and resume when applying.
Equal Opportunity Statement
EOE/Minority/Female/Disabled/Vet. Principal Applicants Only.