Pricing Analyst
$83k - $100kVenable LLP
You're looking for a change, and so are we. At Venable, we know that every new hire brings valuable experience, new perspectives, and a chance to raise the bar on our approach to how we work. That's why we're looking for a Pricing Analyst to support the firm's strategic pricing initiatives and drive data-informed decisions that enhance profitability, client service, and business performance.
The ideal candidate will be responsible for:• Developing pricing strategies, budgets, and fee arrangements for client proposals and RFP responses.
• Performing financial and pricing analyses to support firmwide pricing decisions, alternative fee arrangements, and practice management initiatives.
• Collaborating with Practice Management, Business Development, Finance, Billing, Client Intake, and firm leadership to evaluate and implement pricing solutions.
• Monitoring client and matter budgets, alternative fee arrangements, and key performance metrics to ensure financial objectives are achieved.
• Analyzing profitability, revenue generation, staffing leverage, and service delivery metrics to identify opportunities for improved performance and efficiency.
• Preparing reports, presentations, and educational materials related to pricing, fee structures, profitability, and financial performance.
• Supporting ad hoc analytical projects and providing insights that help drive strategic business decisions across practices, departments, and clients. The successful candidate will demonstrate:
• Bachelor's degree in Business, Finance, Economics, or a related field, or equivalent combination of education and experience.
• Minimum of three years of experience in financial analysis, budgeting, forecasting, reporting, or pricing-related functions.
• Advanced proficiency in Microsoft Excel, including pivot tables, lookups, financial modeling, and data analysis.
• Strong analytical, quantitative, and problem-solving skills with exceptional attention to detail and accuracy.
• Ability to manage multiple priorities, meet deadlines, and thrive in a fast-paced professional services environment.
• Excellent written and verbal communication skills with the ability to effectively interact with stakeholders at all levels of the organization.
• Experience with financial systems, reporting tools, data visualization platforms, or legal industry pricing and profitability analysis is preferred. Pay Range for Candidates in Washington, DC $83,000 - $100,000 per year The range provided is the minimum and maximum salary that Venable in good faith believes at the time of this posting that it is willing to pay for the advertised position. Exact compensation will be determined based on individual candidate qualifications and location. Committing your time and talent is no small matter-at Venable, we know that superior client service begins with an investment in our people. Our competitive compensation, robust benefits, and programs that support our employees' well-being, families, and futures reflect our dedication to prioritizing the whole person, not just the professional. Venable's benefits package includes medical, dental, vision, disability, life insurance, flexible spending and healthcare savings accounts, 401(k) with firm profit share, paid time off, firm paid holidays, wellness and personal advocacy programs, family planning resources and leave programs, tuition reimbursement, and more. New employees are provided a detailed orientation to the firm's benefit offerings upon hire. Here, we strive to offer the kind of care that radiates, from our colleagues to our clients, to our communities, so that success finds everyone. CORE REQUIREMENTS Education Requirements:
- Bachelor's degree in business/finance/economics or related field; or any equivalent combination of training and experience.
- Minimum of 3 years of related experience preparing financial or pricing related reports.
- Ability to learn new applications quickly.
- Exceptional attention to detail and accuracy.
- Ability to maintain confidentiality of firm financial matters.
- Strong analytical and technical skills.
- Advanced level of proficiency in Microsoft Office applications, including Excel skills (use of vertical and horizontal lookups, pivot tables and modeling) required.
- Ability to effectively communicate in oral and written form. Requires ability to interact with individuals at all levels of the organization.
- Ability to work in a fast-paced environment with demonstrated ability to coordinate multiple projects/initiatives simultaneously while meeting strict deadlines.
- Familiarity with Aderant suite of products preferred.
- Exposure to Iridium Pricing/Budgeting or Financial Dashboard products preferred.
- Experience in using data visualization tools (i.e., Power BI) a plus.
- Experience with Information Builders and SQL Server Reporting preferred.
- Work is mainly sedentary.
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