At a Glance
- Tasks: Create innovative pricing solutions and collaborate with lawyers to meet client needs.
- Company: Join Covington & Burling LLP, a leading firm with a focus on strategic pricing.
- Benefits: Enjoy remote work flexibility, competitive salary, and opportunities for professional growth.
- Other info: Be part of a dynamic team with excellent career advancement opportunities.
- Why this job: Make a real impact by developing pricing strategies that drive the firm's success.
- Qualifications: Bachelor’s degree preferred; 2-3 years in financial analysis; strong Excel skills required.
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 Leicester 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 Leicester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Covington or similar firms. A friendly chat can open doors and give you insights that might just help you land that Strategic Pricing Analyst role.
✨Tip Number 2
Prepare for interviews by practising your responses to common questions. Think about how your experience aligns with the job description, especially around pricing proposals and financial analysis. We want to see you shine!
✨Tip Number 3
Showcase your skills! If you’ve got experience with data analysis or financial modelling, be ready to discuss specific examples. We love candidates who can demonstrate their expertise in a way that’s relevant to our needs.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at Covington.
We think you need these skills to ace Strategic Pricing Analyst in Leicester
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 this will show us you understand what we're looking for.
Showcase Your Skills:Don’t forget to mention your proficiency in Microsoft Excel and any experience with SQL. We want to see how you can manipulate data and present findings effectively, so give us examples of how you've done this in the past.
Be Professional Yet Personable:When drafting your written application, keep it professional but let your personality shine through. We appreciate a positive attitude and good communication skills, so don’t be afraid to show us who you are!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
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 analysis 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 proposals. Bring samples of your previous work to the interview, if possible, and be prepared to discuss your approach to creating compelling pricing strategies that align with profitability goals.
✨Build Relationships
Collaboration is crucial in this role. Think about how you’ve successfully worked with different teams in the past. Be ready 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 their success, demonstrating your proactive attitude and genuine interest in the position.
