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The Senior Pricing Manager will lead and manage all Corporate pricing requests for the firm and will liaise directly with the newly formed Corporate Pricing Committee. This will entail both maintaining existing processes and systems, while driving innovation and progress via the design and implementation of more streamlined procedures, including enhanced reporting and comparative analyses. The Senior Manager will manage the Corporate pricing team, and work with firm and Finance leadership to create and refine pricing infrastructure as it relates to the Corporate Pricing Committee. Additionally, they will develop, iterate, and utilize sophisticated pricing and profitability models to support lawyer pricing requests and other pricing projects and initiatives. This role is central to decision making regarding new business acquisition, client retention, and strategic growth.
Job Responsibility:
Develop, define, and implement creative pricing strategies based on the firm's financial objectives
Collaborate with stakeholders across functions to create tailored pricing solutions for our clients, prepare RFP responses, and integrate pricing strategies
Heavily support the annual client rate review and negotiation processes
Collaborate closely with LPM, Pricing Ops, Finance, and IT to leverage data analytics and technology solutions
Utilize financial modeling to evaluate pricing structures and their impact on the firm's bottom line
Collaborate with the Pricing Operations and LPM teams to develop workflows
Leverage LPM principles and resources to enhance pricing models and profitability analyses
Conduct market analyses to identify pricing opportunities and threats
Proactively assess workload demands and fluctuations
Continue to improve upon pricing infrastructure by collaborating with lawyers and Knowledge Management
Proactively increase subject matter knowledge
Leverage the firm’s BI platform to facilitate development and visualization of complex analyses
Foster a culture of continuous process improvement and innovation within the Pricing team
Contribute to innovation and digital transformation initiatives
Draft and edit highly professional, accurate, and actionable email correspondence
Assist with other team deliverables as needed
Requirements:
Bachelor's degree in finance, economics, accounting, or related field
an MBA or equivalent is a plus
8+ years of financial analysis and/or pricing experience in a professional services setting
2+ years of legal industry experience required
Extensive financial modelling experience and ability to maintain complex spreadsheets
Proficiency in financial software and tools, including SQL, VBA, Power BI, and Aderant is a plus
Flexibility to adjust work schedule according to workload demands
Pacific or Mountain time zone strongly preferred
Pacific time zone working hours required
Nice to have:
Demonstrated experience in developing complex pricing strategies and managing large data sets
Self-motivated with a strong sense of urgency
A strong commitment to professionalism, teamwork, excellence, ownership, and accountability
Highly responsive with a customer-service mindset
Deep Corporate expertise
Expert delegation skills
A proactive self-starter
Effective leadership capabilities
Ability to communicate effectively
Exceptional communication and interpersonal skills
Excellent negotiation skills
Practiced resourcefulness
Considerable familiarity with LPM practices
Ability to develop, refine, and improve utilization of pricing tools
Highly effective creating business process documentation
Strong organizational skills
Comfortable with analyzing and managing data
Excellent analytical and creative problem-solving abilities
High degree of efficiency and expertise in Excel, Word, and PowerPoint
Exceptional attention to detail
What we offer:
Highly competitive salary and benefits package
Discretionary year-end merit bonus based on performance