At a Glance
- Tasks: Manage strategic client portfolios and drive commercial returns through pricing best practices.
- Company: Join a leading social network focused on enhancing global commercial opportunities.
- Benefits: Enjoy hybrid working, private medical insurance, mental health resources, and more perks.
- Why this job: Be a trusted advisor, influence senior stakeholders, and work on impactful cross-department projects.
- Qualifications: Experience in pricing (B2B essential), strong analytical skills, and a proactive approach required.
- Other info: We support equal opportunities and provide adjustments for applicants with disabilities.
The predicted salary is between 43200 - 72000 £ per year.
We are recruiting for a Pricing & Commercial Manager to join our team in London.
Department purpose
The Pricing and Commercial team provides oversight and strategic direction across the global business with the goal of enhancing commercial returns. The remit of the team is split between influencing results at a client level, and driving self-started projects to leverage broader commercial opportunities.
Role purpose
To act as business partner and trusted advisor to relationship partners and other senior decision-makers in order to drive commercial returns across the business. This is achieved through the application of pricing best practice within a portfolio of global panels, but also in collaboration with stakeholders across the network to influence and support outcomes across regional offices. To add further value by analysis of internal and external financial levers to identify actionable insights that can be leveraged to improve commercial returns; via improved processes, methodologies or strategic focus. To lead on key cross-department projects and act as interface between Finance and the Business.
Role and responsibilities
- Manage a portfolio of strategic clients from a commercial perspective; advise Partners across the full range of commercial value-add options in addition to rates, and lead on financial elements of client pitches (panel/ client).
- Act as trusted advisor to Partners; influence and negotiate with senior stakeholders relying on knowledge from prior engagements as well as outside-world commercial insight.
- Contribute to pricing best practice including the build and maintenance of pricing templates and models. Support application across the network; drive take-up and consistency.
- Identify actionable commercial insights to improve returns; drive projects to optimise associated benefits.
- Big picture approach to projects working cross-function; able to consider the impact across the firm of new initiatives and inter-dependencies on concurrent projects.
- Identify areas for systems and operational improvement within the team; implement and measure.
- Ability to understand wider business issues and ensure they are factored into departmental output.
Competencies for success
- Outstanding analytical skills and knowledge of economic factors impacting professional services.
- Apply a methodical and meticulous approach to solving difficult, sometimes ambiguous, problems.
- Results driven; having a proactive, goal-orientated approach to decision making.
- Ability to influence at the highest level as a credible, fast-thinking, collaborative and commercial individual.
- Excellent communicator; able to explain complex issues to financial or non-financial stakeholders.
- Collaborative, hands-on approach to ensure success across a team based environment.
- Adjusts style to individual circumstances and demonstrate high levels of emotional intelligence.
- Strong time management; able to work under pressure to meet tight deadlines and targets.
- Ability to quickly learn new IT systems.
Key requirements
- Experience as a pricing professional (B2B essential / Professional Services preferred).
- Experience in a ‘self-starting’ commercial role; proactively identifying opportunities and driving to a conclusion.
- Qualified Accountant (beneficial, but not essential).
Should you require additional support at any stage of the recruitment process due to a disability or a health condition, please do not hesitate to contact a member of our recruitment team who will work with you to provide any adjustments as required.
We are an equal opportunities recruiter and do not discriminate on the basis of race, colour, sex, religion, sexual orientation, national origin, disability, or any other protected characteristic.
We recognise that our people are our most valuable asset, which is reflected in the wide range of benefits that are available to our employees. Some of these benefits include: our occupational pension scheme, group income protection cover, private medical insurance, mental health resources and free apps, health and wellbeing services encompassing an onsite gym, wellbeing centre and GP service, emergency back-up care support, parental and special leave, holiday entitlement increasing with length of service, holiday trading, season ticket loans and online discounts and lifestyle management services.
Our approach to hybrid working seeks to combine and maximise the benefits of effective remote working with the benefits of being in the office. Our current hybrid working arrangements require office based working for a minimum of 60% of your time (i.e. three days per week for a full time role) in accordance with our hybrid working policy.
Pricing & Commercial Manager employer: Allen & Overy
Contact Detail:
Allen & Overy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing & Commercial Manager
✨Tip Number 1
Familiarise yourself with pricing strategies and best practices in the B2B sector. Understanding the nuances of pricing models and how they apply to professional services will give you a significant edge during discussions with our team.
✨Tip Number 2
Network with professionals in the pricing and commercial management field. Engaging with industry peers can provide insights into current trends and challenges, which you can leverage to demonstrate your knowledge and proactive approach during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've driven commercial returns in previous roles. Highlighting your ability to influence stakeholders and implement successful pricing strategies will showcase your suitability for the role.
✨Tip Number 4
Stay updated on economic factors affecting the professional services industry. Being able to articulate how these factors impact pricing decisions will position you as a knowledgeable candidate who can contribute valuable insights to our team.
We think you need these skills to ace Pricing & Commercial Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing and commercial management. Use specific examples that demonstrate your analytical skills and ability to influence stakeholders, as these are key competencies for the role.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the Pricing & Commercial Manager position. Discuss how your previous experiences align with the responsibilities outlined in the job description, particularly your ability to drive commercial returns and manage client relationships.
Showcase Analytical Skills: Provide examples of how you've used analytical skills to identify actionable insights in previous roles. Highlight any experience with financial analysis or pricing strategies that have led to improved commercial outcomes.
Prepare for Potential Questions: Think about how you would respond to questions regarding your approach to pricing best practices and your experience in a self-starting commercial role. Be ready to discuss specific projects where you influenced outcomes or improved processes.
How to prepare for a job interview at Allen & Overy
✨Showcase Your Analytical Skills
As a Pricing & Commercial Manager, you'll need outstanding analytical skills. Be prepared to discuss specific examples of how you've used data analysis to drive commercial decisions in your previous roles.
✨Demonstrate Your Commercial Insight
Highlight your experience in identifying actionable commercial insights. Share instances where your strategic thinking led to improved returns or successful project outcomes, showcasing your ability to influence senior stakeholders.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in ambiguous situations. Prepare to discuss how you approach complex issues methodically and how you've successfully navigated challenges in past roles.
✨Emphasise Collaboration and Communication
This role requires a collaborative approach. Be ready to explain how you've worked cross-functionally in the past, and provide examples of how you've communicated complex financial concepts to non-financial stakeholders.