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- Tasks: Analyse data to tackle pricing challenges and support client pitches.
- Company: Join a rapidly expanding global law firm known for innovation and excellence.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
- Why this job: Make a meaningful impact while collaborating with top professionals in the legal industry.
- Qualifications: 2+ years of pricing experience, strong communication, and advanced Excel skills required.
- Other info: Opportunity to influence decision-making and drive profitability through innovative solutions.
The predicted salary is between 43200 - 72000 £ per year.
Analyze data and the competitive landscape to identify commercial solutions to pricing challenges.Collaborate with business development teams and partners to support client pitches and propose optimal pricing strategies, including modeling and sensitivity testing.Maintain and review a database of ongoing fee arrangements with major clients, analyzing profitability trends and recommending revisions as needed.Stay informed of current pricing trends within the legal market and propose innovations to optimize pricing strategies.Benchmark existing rates using internal and market data to identify opportunities for improvement.Prepare detailed reports on pricing performance, trends, and recommendations for senior stakeholders and the Commercial Committee.Deliver commercial awareness training to partners and fee earners through formal sessions and day-to-day interactions.Support the annual budgeting process for designated practice areas.Perform other ad hoc duties as required.This company is a hugely successful and rapidly expanding global law firm with a strong presence in the legal industry. Known for its innovative approach and commitment to excellence, the company has built a reputation for delivering exceptional client service and fostering a collaborative and inclusive workplace culture. With a focus on growth and development, the company offers a dynamic environment where employees are encouraged to thrive and make a meaningful impact. Joining this organization means becoming part of a forward-thinking team that values commercial awareness and professional development.An exciting opportunity has arisen for a Senior Pricing Analyst to join the commercial finance team in the company\’s London office. This role is integral to shaping the firm\’s pricing strategies and delivering commercial support to partners and senior stakeholders. The Senior Pricing Analyst will play a key role in influencing decision-making, advising on pricing strategies for client pitches and negotiations, and driving profitability through innovative solutions. This position offers the chance to work on impactful projects, collaborate with high-caliber professionals, and contribute to the company\’s continued success in a competitive market.Skills/experience required:At least 2 years of pricing experience, ideally within a law firm or professional services organization.Proven ability to influence and build trusted relationships with partners and senior stakeholders.Strong communication skills with the ability to explain commercial concepts effectively.Advanced Excel and financial modeling skills.Experience with Power BI or Tableau is advantageous.Strong analytical and critical thinking abilities.Ability to work both independently and as part of a team.Organizational skills and the ability to meet deadlines under pressure.Customer-focused and responsive approach to work.Send me Job Alerts as they become availableDownload the Global App for Jobs on-the-go Register your details with us via the app to ensure that you never miss out on an opportunity.
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Senior Pricing Analyst employer: Global Accounting Network
Contact Detail:
Global Accounting Network Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest pricing trends in the legal market. This will not only help you understand the competitive landscape but also enable you to propose innovative pricing strategies during your interviews.
✨Tip Number 2
Network with professionals in the legal and pricing sectors. Attend industry events or webinars to connect with potential colleagues and learn about their experiences, which can provide valuable insights for your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've influenced pricing strategies in previous roles. Highlight your ability to build relationships with stakeholders and how your analytical skills have driven profitability.
✨Tip Number 4
Brush up on your Excel and financial modelling skills, as these are crucial for the role. Consider taking a short course or tutorial to enhance your proficiency, which will demonstrate your commitment to the position.
We think you need these skills to ace Senior Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant pricing experience, particularly in a law firm or professional services context. Emphasise your analytical skills and any experience with financial modelling or tools like Power BI or Tableau.
Craft a Compelling Cover Letter: In your cover letter, demonstrate your understanding of the legal market and how your skills can contribute to the firm's pricing strategies. Mention specific examples of how you've influenced pricing decisions or improved profitability in previous roles.
Showcase Communication Skills: Since strong communication is key for this role, provide examples in your application that illustrate your ability to explain complex commercial concepts clearly. This could be through past experiences where you delivered training or collaborated with stakeholders.
Highlight Analytical Abilities: Detail your analytical and critical thinking skills in your application. Discuss any specific projects where you analysed data trends or developed pricing models, and how these contributed to business decisions.
How to prepare for a job interview at Global Accounting Network
✨Showcase Your Analytical Skills
As a Senior Pricing Analyst, you'll need to demonstrate your strong analytical and critical thinking abilities. Be prepared to discuss specific examples of how you've used data analysis to influence pricing strategies or improve profitability in previous roles.
✨Communicate Effectively
Strong communication skills are essential for this role. Practice explaining complex commercial concepts in a clear and concise manner. You might be asked to present your ideas or findings, so consider preparing a brief presentation to showcase your ability to convey information effectively.
✨Familiarise Yourself with Current Trends
Stay informed about the latest pricing trends within the legal market. Research recent developments and be ready to discuss how these trends could impact the firm's pricing strategies. Showing that you are proactive in your knowledge will impress your interviewers.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and ability to work under pressure. Think of situations where you've had to make quick decisions regarding pricing or client negotiations, and be ready to explain your thought process and the outcomes.
