Pricing Analyst

Milbank LLP • Kansas City Metropolitan Area, KS

10d

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 involves developing budgets; analyzing historical and current firm financial data to identify best practices; modeling alternative fee arrangements and special rate arrangements; proposing recommendations to improve efficiency and profitability; and preparing rate cards.

Requirements

• 2–5 years of post-bachelor’s degree experience 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 as part of a team, including across geographical borders.
• Ability to manage multiple assignments and demonstrated experience prioritizing work.
• Demonstrated agility in 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 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 the Finance Team to determine 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level