Pricing Analyst

Pricing Analyst

Pricing Analyst

Category

Location

New York, New York

Employment Type

Permanent

Salary

$100000 - $120000



Job Description:

Responsibilities include but are not limited to:   

• Assist with e-billing rate submissions and client rate administration.

• Collaborate with billing/e-billing to troubleshoot pricing related billing issues.

• Ensure pricing and finance databases are up-to-date and comply with clients’ rate arrangements and guidelines.

• Review newly opened matters to ensure compliance with clients’ rate arrangements and guidelines.

• Provide support in responding to a client’s request for proposals (RFPs).

• Assist with financial modeling, forecasting and analysis related to clients and matters; includes data mining, cleansing, and reconciliation.

• Assist with design and implementation of economic models to project the financial impact of proposed client pricing arrangements and staffing models.

• Develop pricing and budget templates for different types of legal matters, including guidelines and frameworks to be applied.

• Communicate client and matter specific financial terms to the Rate Administration team.

• Analyze data on client, matter and portfolio performance; providing and communicating reports to internal and external stakeholders.

• Participate in the development of dashboards and performance reporting, while ensuring data governance and integrity.

• Proactively monitor and manage agreements nearing expiration, agreements with milestone billing arrangements, and agreements with discounts that escalate as volume thresholds are met.

• Ad hoc projects and other duties as assigned.

Job Requirements:

  • Requirements:  Bachelor’s degree in Business, Accounting, Finance or equivalent work experience.
  • Minimum of 2-4 years of relevant law firm experience.
  • Ability to comprehend and apply complex rate structures and billing arrangements.
  • Proficiency in Microsoft Office Suite and Excel in particular (including Pivot Tables and v-lookups).
  • Proficiency with Aderant or other legal financial systems.
  • Strong analytical, verbal, and written skills.
  • Must possess excellent interpersonal and communication skills to communicate clearly and concisely with clients, management, and partners.
  • Must have the ability to adapt to cyclical periods, peak workloads, new assignments, and work independently to meet deadlines.
  • Knowledge of Aderant and e-billing systems is a plus.