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Analyst II: Pricing and Analytics

  • Chicago, IL, United States

$107,000 to $155,000 USD / year

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Job details

Pay
$107,000 to $155,000 USD / year
Apply by
Education
Bachelor’s degree
Posting language
English
Posted

Original job description

Overview

Mayer Brown is an international law firm positioned to represent the world’s major corporations, funds, and financial institutions in their most important and complex transactions and disputes. We are recognized by our clients as strategic partners with deep commercial instincts and a commitment to creatively anticipating their needs and delivering excellence in everything we do.

We are a collegial, collaborative firm where highly motivated individuals with an unwavering commitment to excellence receive the opportunity, support, and development they need to grow, thrive, and realize their greatest potential all while supporting the Firm’s client service principles of excellence, strategic partnership, commercial instinct, integrated strengths, innovation, and collaboration across our international firm.

If you thrive in a collaborative environment that values exceptional client service, initiative, professionalism, responsiveness, and adaptability, we invite you to consider joining our Pricing and Matter Performance department as an Analyst II: Pricing and Analytics. This role is available in any of Mayer Brown's US offices.

The Analyst II: Pricing and Analytics provides support to the Pricing Team to deliver competitive, creative, data-driven pricing to our partners and clients while ensuring profitable growth of the Firm. This role also supports scalable solutions and the integration of AI-driven capabilities to enhance pricing analysis and insights and collaborates with cross-functional teams to align with firm standards and continuous improvement efforts.

Responsibilities

Essential Functions:

  • Assists with the design, implementation, and tracking of pricing arrangements such as alternative fee arrangements with the objective of driving improvement in the Firm’s pricing outcomes and profitability
  • Leverages artificial intelligence tools and machine learning models to automate pricing, extract insights from large datasets, and enhance decision-making processes across key business functions
  • Assists in integrating AI capabilities into pricing workflows to enhance analysis, forecasting, and decision-making
  • Supports the development and maintenance of pricing strategies for AI-enabled legal services and emerging delivery models
  • Performs financial analysis in response to client requests/RFPs. Creates financial models to assess the profitability and market competitiveness of the various pricing options and provide related insight and recommendations to Partners and other Pricing Team members
  • Supports the Pricing Team members to develop rates, fee estimates, matter budgets and pricing options in response to client RFPs and ad-hoc requests and facilitate approval of same
  • Applies business acumen and analytical skills to develop pricing solutions that meet both client and Firm objectives
  • Assists in logging pricing opportunities and completing necessary follow-ups
  • Collaborates with cross functional teams like Project Managers on various AI and Technology initiatives
  • Assists in testing new software and cleaning up firm data and coding of matters
  • Assists with post matter financial analysis with the aim of utilizing historical matter data and related insight to assist in the pricing of future matters and improving financial performance
  • Assists with development and maintenance of budget templates and other tools for use by partners and Pricing & Matter Performance team
  • Pulls and updates competitor market data for pricing proposals
  • Assists the Pricing & Matter Performance team in improving tools and processes related to pricing, matter estimates, matter profitability, post matter analysis and competitor intelligence
  • Performs special projects and other duties as assigned or required to meet Firm goals and objectives

Qualifications, Experience and Personal Attributes

Education/Training/Certifications:

  • Bachelor’s degree required preferably in Finance, Data Analytics, Economics, Accounting, Engineering, IT or Business-related field

Professional Experience:

  • Minimum of three years of related experience, required
  • Prior experience in professional services pricing, negotiations and related areas, preferred
  • Prior experience of working within professional services organization or law firm, preferred

Technical Skills:

  • Advanced knowledge of MS-Office applications including Word, PowerPoint, and Excel, required
  • Experience working with AI platforms, automation tools, or AI-enabled workflows preferred
  • Experience using Microsoft Power BI and SQL, preferred
  • Experience with law firm technology such as Foundation Scoping, Iridium, Aderant Expert, BigHand, and other matter planning software, preferred

Performance Traits:

  • Strong written and verbal communication skills, able to communicate effectively and in a professional manner with all levels of the Firm and outside vendors
  • Ability to work in a diverse team environment and effectively support the demanding needs of the Firm
  • Familiarity with legal rate structures, discount arrangements and alternative fee arrangements a plus
  • Ability to work under pressure, meet deadlines with shifting priorities
  • Must be a self-starter with a high level of initiative
  • Creative thinker and comes up with new ideas to help the Pricing & Matter Performance team
  • Strong customer service skills, able to anticipate needs and exercise independent judgment
  • Strong attention to detail, organizational skills and the ability to handle multiple projects at a time
  • Maintains confidentiality and exercises discretion
  • Superior analytical skills, exercises solid strategic thinking and problem-solving skills
  • Strong technical, mathematical, and analytical skills

This description is not exhaustive, and the Firm may modify it at any time at its sole discretion; nothing herein creates an employment contract or alters the at-will nature of employment.

We offer competitive compensation and comprehensive benefits, including medical/dental/vision/life/and AD&D insurance, 401(k) savings plan, back-up childcare and eldercare, generous paid time off (PTO), as well as opportunities for professional development and growth.

We are committed to providing equal opportunity and reasonable accommodations to applicants and employees with disabilities and disabled veterans. To request an accommodation related to the application process or interview, please email uslateralrecruiting@mayerbrown.com. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Mayer Brown works with select external search firms that have been vetted against our standards. Firms without a contract or agreement with Mayer Brown are not authorized to represent that they are working with the Firm, nor are they entitled to placement fees. Mayer Brown does not accept unsolicited CVs from external recruiters. Submission of an unsolicited CV to Mayer Brown or any of its Partners or employees will not establish any right of priority for the submitting agency.

Posted Pay Range The typical pay scale for this position is between USD $107,000.00/Yr. and USD $155,000.00/Yr., although the actual wage or salary could be lower or higher if the candidate's education, experience, skills and internal pay alignment are different from those specified.

More about this job

Skills

  • Forecasting
  • Decision making
  • Pricing strategies
  • Financial analysis
  • Analytical skills
  • Cleaning
  • Data analysis
  • Microsoft Office
  • Microsoft Word
  • Microsoft PowerPoint
  • Microsoft Excel
  • Microsoft Power BI
  • SQL
  • Communication skills
  • Cope with pressure
  • Meet deadlines
  • Customer service
  • Attention to detail
  • Organizational skills
  • Confidentiality
  • Problem solving
  • Child care

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