At a Glance
- Tasks: Create innovative pricing solutions and support client negotiations with strategic insights.
- Company: Join Covington & Burling LLP, a leading firm with a collaborative culture.
- Benefits: Enjoy remote work flexibility, competitive salary, and professional development opportunities.
- Other info: Work in a dynamic environment with excellent career growth potential.
- Why this job: Make a real impact by shaping pricing strategies that drive the firm's success.
- Qualifications: Bachelor’s degree preferred; 2-3 years in financial analysis; strong data manipulation skills.
The predicted salary is between 36000 - 60000 € per year.
Covington’s Strategic Pricing team is responsible for developing creative pricing solutions and implementing project management best practices to ensure that the Firm meets its financial goals. We are currently building a high-caliber, experienced team that proactively responds to the needs of the Firm’s attorneys and clients. The Strategic Pricing Analyst will focus on developing pricing proposals in response to clients’ requests for proposals (RFPs) and will also contribute to a variety of the Firm's strategic initiatives, including supporting the firm's lawyers in their client rate negotiations, developing fee proposals and budgets, communicating with clients, and implementing pricing best practices. This position is remote; and candidates must be local to London.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Work with a variety of key stakeholders, including lawyers and staff, to support the development of responses to client RFPs and informal pricing requests (i.e., development of budgets, rate proposals, and alternative fee arrangements), providing strategic insight, and developing pricing solutions that are aligned with the firm’s profitability goals while also satisfying clients’ business requirements.
- Draft and improve written pricing proposal language that is professional, succinct, and persuasive.
- Develop and maintain relationships to ensure successful collaboration across various teams within the firm, such as Business Development, Client Agreements, Matter Maintenance, and Billing teams.
- Contribute to strategic pricing initiatives of the firm with financial modeling and data analysis, including identifying, extracting, and summarizing information from multiple sources for a variety of stakeholders.
- Leverage data to enable the firm’s stakeholders to make more informed business decisions.
- Engage with a variety of key stakeholders to support the development of profitable pricing solutions and serve as a liaison with the firm’s Business Committee.
- Deliver excellent customer service in response to lawyer and client requests.
- Partner with other members of the Strategic Pricing team to gain a well-rounded knowledge base and to teach others about your area of expertise.
- Pursue professional development opportunities with senior team members, analyst cohort presentations, and other online resources.
KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
- Bachelor’s degree (preferable) in accounting, finance, economics or other related business function.
- Minimum of 2-3 years of professional experience, ideally involving financial analysis.
- Must be able to manipulate data effectively and present findings to team leadership and attorneys in a simplified manner.
- Must be proficient in Microsoft Office applications, particularly Microsoft Excel, Outlook, and PowerPoint.
- Experience with SQL is a plus.
- Must have general knowledge in financial modeling in Microsoft Excel.
- Must be proactive and have the ability to simultaneously manage and prioritize multiple projects and complete work within given time constraints.
- Must be detail-oriented, exercise sound judgment, and possess the confidence and interpersonal skills to communicate effectively with the Firm’s senior management, attorneys and staff.
- Must be a self-motivated person with a positive, professional, and customer service-oriented attitude.
- Must be an open-minded critical thinker that is curious and eager to learn.
Strategic Pricing Analyst in Glasgow employer: Covington & Burling LLP
Covington & Burling LLP is an exceptional employer that fosters a collaborative and innovative work culture, particularly within its Strategic Pricing team. With a focus on professional development and a commitment to diversity and inclusion, employees are encouraged to grow their skills while contributing to meaningful projects that directly impact the firm's success. The remote nature of this role, combined with the opportunity to engage with key stakeholders in London, makes it an attractive position for those seeking a rewarding career in strategic pricing.
Contact Detail:
Covington & Burling LLP Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Strategic Pricing Analyst in Glasgow
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at Covington or similar firms. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by practising common questions related to pricing strategies and financial analysis. We recommend role-playing with a friend or using online resources to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to drive decisions in past roles. This will demonstrate your ability to contribute to Covington’s strategic pricing initiatives effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest job openings and updates directly from us.
We think you need these skills to ace Strategic Pricing Analyst in Glasgow
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Strategic Pricing Analyst role. Highlight your experience with pricing proposals and financial analysis, as these are key aspects of the job. We want to see how your skills align with our needs!
Showcase Your Communication Skills:Since you'll be drafting pricing proposals and communicating with clients, it's essential to demonstrate your written communication skills. Use clear, concise language in your application to reflect your ability to convey complex information simply.
Highlight Team Collaboration:We value teamwork at StudySmarter, so make sure to mention any experiences where you've successfully collaborated with different teams. This will show us that you can work well with lawyers and other stakeholders to develop effective pricing solutions.
Apply Through Our Website:Don't forget to submit your application through our website! This ensures that your application goes directly to our hiring team, making it easier for us to review your credentials and get back to you quickly.
How to prepare for a job interview at Covington & Burling LLP
✨Know Your Numbers
As a Strategic Pricing Analyst, you'll be dealing with financial data and pricing proposals. Brush up on your financial modelling skills and be ready to discuss how you've used data to drive decisions in the past. Prepare examples that showcase your ability to manipulate data and present findings clearly.
✨Master the Art of Proposal Writing
Since drafting pricing proposals is a key part of the role, practice writing succinct and persuasive proposal language. Bring a sample or two to the interview to demonstrate your writing skills. This will show that you understand the importance of clear communication in pricing strategies.
✨Build Relationships
Collaboration is crucial in this role. Think about how you've successfully worked with different teams in the past. Be prepared to share specific examples of how you’ve built relationships with stakeholders, such as lawyers or business development teams, to achieve common goals.
✨Show Your Curiosity
The firm values open-minded critical thinkers. During the interview, express your eagerness to learn and grow within the role. Ask insightful questions about the firm's strategic initiatives and how you can contribute to them. This will demonstrate your proactive attitude and genuine interest in the position.
