Senior Manager, Pricing and Commercial Insights
Senior Manager, Pricing and Commercial Insights

Senior Manager, Pricing and Commercial Insights

Full-Time 43200 - 72000 £ / year (est.) No home office possible
Norton Rose Fulbright

At a Glance

  • Tasks: Lead a dynamic team in pricing strategies and commercial insights for a global law firm.
  • Company: Join Norton Rose Fulbright, a top-tier global law firm with a collaborative culture.
  • Benefits: Enjoy flexible work options, family-friendly policies, and a focus on wellbeing.
  • Why this job: Make a real impact in a progressive team while advancing your career in finance.
  • Qualifications: 10+ years in pricing, preferably in the legal sector, with strong leadership skills.
  • Other info: Diversity and inclusion are at our core; we welcome all applicants.

The predicted salary is between 43200 - 72000 £ per year.

We are Norton Rose Fulbright – a global law firm with over 50 offices and 7,000 employees worldwide. We provide the world’s preeminent corporations and financial institutions with a full business law service. At Norton Rose Fulbright, our strategy and our culture are closely entwined. We know that our expansion will mean little unless it is underpinned by truly global collaboration and we understand that pioneering work only takes place when our people have room to move and think beyond boundaries. As well as the relevant skills and experience, we are looking for people who are innovative, commercial and value the work that they do.

Practice Group / Department Client Financial Decision Support

The Role This is a fantastic opportunity for an ambitious individual who wishes to be part of a progressive, proactive and customer‑centric team. The successful candidate will play an integral part in driving forward the continuous improvement agenda for the Commercial Finance and Revenue Operations function and its collaboration with other business support professionals. You will be an experienced pricing professional, with strong communication and soft skills, excellent team leadership and able to work effectively with internal and external stakeholders alike. In conjunction with Commercial Finance colleagues, the Senior Manager, Pricing and Commercial Insights will support the development and execution of the firm’s pricing agenda ensuring the necessary benchmarking, analytical tools and capabilities exist to support firm and finance departmental strategies.

The Commercial Finance and Revenue Operations function and our focus Part of EMEAPAC Group Finance, the Commercial Finance and Revenue Operations function encompasses Client Financial Decision Support (which includes Pricing & Commercial Insights and Client Finance Support), Finance Business Partnering (strategic financial business management and financial planning and analysis activities), Finance Business Intelligence and Revenue Operations. The team supports NRF leadership and wider stakeholder groups to run a successful legal practice by providing financial leadership, timely insights and initiatives designed to improve commercial confidence and decision‑making quality.

Key Responsibilities

  • Management and development of the Pricing and Commercial Insights team, fostering an inclusive, collaborative and high‑performance culture aligned to the aims of the wider Finance function.
  • Ensuring consistent and excellent technical pricing and commercial guidance is delivered by the team across the business.
  • Advise Partners of ways to maximise the value of client relationships through different pricing techniques, modelling the financial impact and viability of proposed pricing arrangements and challenging key decision makers when appropriate.
  • Supporting Partners with client facing engagements where needed.
  • Supporting the Head of Client Financial Decision Support and the Finance Director in developing and executing the firm’s new pricing framework.
  • Business partnering with Client Relationship Partners and the Client Development team to provide financial and commercial support, plan deployment and investment to help drive profitability.
  • Providing senior finance support on commercial improvement projects across EMEAPAC when and as required.
  • Maintaining a high level of visibility in serving as one of the firm’s senior subject matter experts for pricing and commercial related matters.
  • Leading on pricing team promotional efforts including presentations to key stakeholders to increase internal adoption and market awareness.
  • Encourage broader and better use of the Firm’s tools to develop more profitable and consistent pricing approaches.
  • Developing and owning the provision of commercial training for all stakeholders involved in pricing proposals and approvals, advancing pricing as a strategic tool to build and enhance client relationships.
  • Assist Partners in the development of budgets and monitoring against actual performance for matters, particularly complex litigation work where more detailed project management support may be required.
  • The Senior Pricing Manager will act as an advocate and agent for adopting effective legal project management discipline where necessary.
  • Support the Head of Client Financial Decision Support on the annual review of standard rates and cost rates to ensure profitability maximisation with appropriate consideration of practice mix and market realities as well as compensation and other costs.
  • Ensuring strong working relationships with other support functions, in particular Business Development and Bids leads to establish, promote and maintain policies and processes required for effective management of pricing for transactions, bids and panel appointments.
  • Keep abreast of industry pricing practices, particularly for major competitors, and assess key trends.
  • Providing thought leadership around the pricing of AI in the legal industry, ensuring Norton Rose Fulbright remains in the leading group of firms.
  • In conjunction with other business support professionals, provide advice to stakeholders in relation to improving matter financial performance through the provision of post matter financial analysis and associated pricing and business information.
  • Collaboration and support on any ad hoc commercial and pricing related initiatives as required by the Head of Client Financial Decision Support and the Finance Director.

Key Skills And Experience

Essential

  • A minimum of 10 years relevant pricing experience, with at least five years experience in legal sector pricing.
  • Extensive experience of managing a team in a busy multi‑jurisdictional professional services environment.
  • Strong commercial acumen and exceptional analysis and financial modelling skills.
  • Excellent written and verbal communication and has strength of personality to ensure the perspective of ‘Finance’ is clearly communicated.
  • Excellent time management skills, able to manage stakeholders during times of conflicting deliverables.
  • The ability to remain calm and focused under pressure.
  • Excellent soft skills including the ability to influence senior stakeholders and negotiate desired outcomes.
  • Hardworking, dedicated and an ambition to grow professionally.
  • A role model for junior staff who is committed to sharing knowledge and developing talent.
  • A collaborative team‑player who is transparent and has a straight‑forward approach.
  • Experience of working with varied and cross‑functional teams to deliver on business objectives.

Advantageous

  • Educated to degree level.

Diversity, Equity and Inclusion To attract the best people, we strive to create a diverse and inclusive environment where everyone can bring their whole selves to work, have a sense of belonging, and realise their full career potential. Our new enabled work model allows our people to have more flexibility in the way they choose to work from both the office and a remote location, while continuing to deliver the highest standards of service. We offer a range of family‑friendly and inclusive employment policies and provide access to programmes and services aimed at nurturing our people’s health and overall wellbeing. We are proud to be an equal opportunities employer and encourage applications from individuals who can complement our existing teams. We strive to create an inclusive and accessible recruitment process for all candidates. If you require any tailored adjustments or accommodations, please let us know.

Senior Manager, Pricing and Commercial Insights employer: Norton Rose Fulbright

At Norton Rose Fulbright, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through our comprehensive training programmes and flexible work model, allowing you to thrive both professionally and personally. Join us in a vibrant location where your contributions will directly impact our global legal practice and help shape the future of pricing strategies.
Norton Rose Fulbright

Contact Detail:

Norton Rose Fulbright Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Manager, Pricing and Commercial Insights

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Norton Rose Fulbright on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for the interview by researching the firm’s recent projects and pricing strategies. Show us that you’re not just another candidate; demonstrate your knowledge and passion for the role and how you can contribute to their goals.

✨Tip Number 3

Practice your soft skills! Since communication is key in this role, consider doing mock interviews with friends or mentors. Get comfortable discussing your experience and how it aligns with the firm’s values and culture.

✨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 the team at Norton Rose Fulbright.

We think you need these skills to ace Senior Manager, Pricing and Commercial Insights

Pricing Strategy
Commercial Acumen
Financial Modelling
Team Management
Stakeholder Engagement
Analytical Skills
Communication Skills
Project Management
Negotiation Skills
Time Management
Influencing Skills
Collaboration
Problem-Solving Skills
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the role of Senior Manager, Pricing and Commercial Insights. Highlight your relevant pricing experience and any leadership roles you've held. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your passion for pricing and commercial insights, and explain why you’re excited about joining Norton Rose Fulbright. Let us know how you can contribute to our team!

Showcase Your Soft Skills: We value strong communication and soft skills just as much as technical expertise. In your application, give examples of how you've influenced stakeholders or led teams effectively. We want to see your personality shine through!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to the right people. Plus, it shows you’re serious about joining our fantastic team at Norton Rose Fulbright.

How to prepare for a job interview at Norton Rose Fulbright

✨Know Your Pricing Inside Out

Make sure you have a solid understanding of pricing strategies, especially in the legal sector. Familiarise yourself with different pricing techniques and be ready to discuss how they can maximise client relationships. This will show that you’re not just knowledgeable but also innovative in your approach.

✨Showcase Your Leadership Skills

As a Senior Manager, you'll need to demonstrate your ability to lead a team effectively. Prepare examples of how you've fostered a high-performance culture in previous roles. Highlight your experience in managing multi-jurisdictional teams and how you’ve influenced stakeholders to achieve desired outcomes.

✨Communicate Clearly and Confidently

Strong communication skills are essential for this role. Practice articulating complex financial concepts in a straightforward manner. Be prepared to discuss how you’ve successfully communicated with senior stakeholders and navigated challenging conversations in the past.

✨Stay Current with Industry Trends

Keep yourself updated on the latest trends in pricing practices within the legal industry. Be ready to discuss how these trends could impact Norton Rose Fulbright and suggest innovative ideas that could keep the firm ahead of its competitors. This shows your commitment to continuous improvement and thought leadership.

Senior Manager, Pricing and Commercial Insights
Norton Rose Fulbright

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