At a Glance
- Tasks: Lead the Pricing & Commercial team to enhance profitability and drive strategic initiatives.
- Company: Join a global firm focused on commercial success and client relationships.
- Benefits: Enjoy flexible working, health insurance, and a supportive workplace culture.
- Why this job: Make a real impact on income growth while developing your leadership skills in a dynamic environment.
- Qualifications: Must have 10+ years in a senior pricing role, ideally in professional services.
- Other info: We value diversity and offer support for applicants with disabilities.
The predicted salary is between 54000 - 84000 £ per year.
We are recruiting for a Head of Pricing and Commercial for our London office.
Department purpose
The Pricing & Commercial team provides oversight and strategic direction across the global business with the goal of enhancing commercial returns. The team influences results at a client level and drives projects to leverage broader opportunities.
Role purpose
Lead the Pricing & Commercial team to support and drive the firm's commercial success. Provide advice, insight, and challenge to senior stakeholders on pricing and commercial matters, policies, and approaches.
Role and responsibilities
- Impact income growth, profitability, and strategy execution through a broad range of activities.
- Lead the Pricing Team in bid processes, client pricing, and developing strategies aligning client demands with profitability targets.
- Manage relationships with external clients, ensuring billing and collections are proactively managed, and facilitate resolution of issues.
- Maintain excellent relationships with internal stakeholders, advising on pricing and commercial matters, and preparing financial reports and analysis.
- Identify opportunities to increase revenue and profitability, review existing agreements, and maintain market benchmarking data.
- Act as secretary and commercial expert to the Commercial Committee, leading annual rate reviews and supporting implementation.
- Develop commercial toolkits, educational collateral, and support sector leads and partners.
- Manage and develop a team of pricing and commercial professionals, setting objectives and demonstrating emotional intelligence.
- Oversee the development of pricing tools, reporting, and data analysis in collaboration with finance functions.
Key requirements
- Deep understanding of commercial and economic factors in professional services.
- Strong analytical, commercial, and leadership skills.
- Ability to influence and communicate effectively at all levels.
- Numerate, meticulous, with a finance background.
- Experience in a senior pricing leadership role, preferably in a global professional services organization.
Qualifications and work experience
- Qualified accountant preferred, with at least 10 years post-qualification experience in a commercial role.
- Experience in a senior pricing leadership role within a professional services industry is advantageous.
- Experience in a global organization is required.
If you require additional support during the recruitment process due to a disability or health condition, please contact our recruitment team for assistance. We are an equal opportunities employer and value diversity. Our benefits include pension schemes, health insurance, wellbeing resources, and flexible working arrangements, including a hybrid model requiring at least 60% office presence.
Head of Pricing & Commercial employer: Allen & Overy
Contact Detail:
Allen & Overy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Pricing & Commercial
✨Tip Number 1
Familiarise yourself with the latest trends in pricing strategies within professional services. Understanding how these trends impact profitability and client relationships will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the pricing and commercial sectors, especially those who have experience in global organisations. This can provide you with insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss specific examples of how you've influenced pricing strategies or improved profitability in your previous roles. Being able to articulate your impact will demonstrate your capability to lead the Pricing & Commercial team effectively.
✨Tip Number 4
Research StudySmarter's current pricing models and commercial strategies. Showing that you understand our approach and can contribute to its evolution will set you apart from other candidates.
We think you need these skills to ace Head of Pricing & Commercial
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing and commercial roles. Emphasise your leadership skills and any achievements that demonstrate your ability to drive income growth and profitability.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with the key requirements of the role. Discuss your understanding of commercial factors in professional services and provide examples of how you've influenced senior stakeholders.
Showcase Analytical Skills: Given the importance of analytical skills for this position, include specific examples of how you've used data analysis to inform pricing strategies or improve profitability in previous roles.
Highlight Team Management Experience: Since the role involves managing a team, be sure to mention your experience in developing and leading teams. Discuss your approach to setting objectives and demonstrating emotional intelligence in leadership.
How to prepare for a job interview at Allen & Overy
✨Showcase Your Analytical Skills
As a Head of Pricing & Commercial, you'll need to demonstrate strong analytical abilities. Prepare examples of how you've used data to influence pricing strategies or improve profitability in previous roles.
✨Understand the Company’s Market Position
Research the company's current market position and its competitors. Be ready to discuss how you can leverage this knowledge to enhance commercial returns and drive strategic initiatives.
✨Prepare for Stakeholder Engagement Scenarios
Since the role involves advising senior stakeholders, think of scenarios where you've successfully influenced decision-making. Be prepared to share these experiences and the outcomes.
✨Demonstrate Leadership and Team Development
Highlight your experience in managing teams and developing talent. Discuss your leadership style and how you plan to motivate and guide your team to achieve pricing and commercial objectives.