Pricing Analyst
IL LLP•Chicago, IL
•Hybrid
About The Position
The Pricing Analyst works with team leadership to support our lawyers with structuring, modeling and negotiating client and matter level fee arrangements, client matter management, and various other initiatives to enhance the strategic pricing goals of the Pricing Team and the Firm. The ideal candidate has strong attention to detail, enjoys working with data, and is eager to learn about pricing and the revenue cycle in a fast-paced professional services environment.
Requirements
- Bachelor’s degree, preferably in Accounting or Finance
- A minimum of 2 years of accounting or financial analysis experience.
- Advanced capabilities and knowledge of Microsoft Excel and PowerPoint.
- Strong organizational skills
- Strong attention to detail
- Good judgment
- Strong interpersonal communication skills
- Strong analytical and problem-solving skills
- Able to work harmoniously and effectively with others
- Able to preserve confidentiality and exercise discretion
- Able to work under pressure
- Able to manage multiple projects with competing deadlines and priorities
Nice To Haves
- Previous experience working in a client facing position or a professional services firm
Responsibilities
- Provide support in developing rate proposals, alternative fee arrangements, fee estimates, matter budgets and pricing options in response to client requests.
- Assist in responding to the pricing and financial components of Requests for Proposals (RFPs) and other business development pitches.
- Provide support for the annual billing rate setting process and perform ongoing benchmarking analysis and maintenance of standard hourly billing rates throughout the year.
- Prepare analysis of historical matters, to support the pricing and budgeting process.
- Provide analysis and regular reporting to support firm, client and/or matter management needs.
- Develop/enhance financial templates and models to expand upon and streamline existing processes surrounding the Firm’s pricing function.
- Participate in team training sessions and contribute to knowledge-sharing initiatives.
- Support team efforts to track and organize pricing-related information and templates.
- Communicate proactively with team members to clarify requirements and meet deadlines.
Benefits
- bonus eligibility
- comprehensive benefits program
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
