Pricing Analyst

Milbank LLP•Kansas City, MO
•$90,000 - $95,000

About The Position

As a member of the Pricing Team, the Pricing Analyst develops budgets and fee arrangements that support the firm’s overall pricing strategy. The role develops budgets, analyzes historical and current firm financial data to identify best practices, models Alternative Fee Arrangements and special rate arrangements, recommends ways to increase efficiencies and profitability, and prepares rate cards.

Requirements

  • 2–5 years post-Bachelor’s Degree in an analytical environment, such as accounting, finance, or economics, from an accredited college or university, or equivalent experience.
  • Experience constructing complex models, financial analyses, and reports using Excel, Access, and other relational-database systems.
  • Ability to communicate effectively with a wide variety of personnel and personalities, including partners, business development professionals, and accounting staff.
  • Strong analytical, evaluative, and critical-thinking skills.
  • Ability to be flexible and adapt quickly to change in a high-pressure, deadline-driven environment.
  • Ability to work independently and in a team environment, including across geographical borders.
  • Ability to manage multiple assignments and prioritize work.
  • Demonstrated agility within diverse cultural and business environments, using various communication methods to influence and lead others.
  • Demonstrated ability to apply learning in fast-paced business situations.

Responsibilities

  • Develop financial models and analytics in support of pricing proposals.
  • Compile and analyze data and historical statistics relating to revenue, realization, and profitability.
  • Support partners with pricing requests, including preparing fee estimates, developing appropriate pricing approaches, and communicating fees and value pricing.
  • Work with management groups and attorneys, using tools and analytics to guide rates and pricing strategy and maximize profitable growth.
  • Create and document best practices related to pricing and profitability.
  • Work with others on the Finance Team to identify effective ways to extract relevant financial data for pricing and financial analysis.
  • Review outside counsel guidelines for new matters to ensure proper tracking and setup.
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