Senior Pricing and Financial Analyst - (Hybrid ...

US Job Description Firm Information Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions and regulatory matters. Our team of 3,000 people (including more than 1,600 lawyers) across more than 30 offices in the United States, Europe, the Middle East and Asia, operate as one global partnership to drive progress for our clients, for ourselves and for our communities. Position Summary The Senior Pricing & Financial Analyst will assist the members of the Client Value Team in all aspects of the Firms pricing strategy. Working under the supervision of the Senior Manager Strategic Pricing - US, the incumbent will help develop the Firms fee arrangements, based on the Firms current strategic goals, and will help analyze the results for future success. Duties include, but are not limited to, understanding the Firms historic pricing performance and current pricing options, modeling and creating various fee arrangements, preparing pricing content for external audiences (including RFP responses), maintaining and updating databases used to track pricing projects, collaborating with team members on analyses of closed matters, assisting other Firm departments (e.g., Marketing, Accounting) to meet client deadlines, and supporting senior members of the team as necessary. Job Duties and Responsibilities Develop the Firms fee agreements-at the Firm, Department, Practice/Industry Group, and Client levels-considering current best practices and including analysis of prior work. Produce and run pricing models for all projects. Collaborate with Business Development regarding necessary pricing content to prepare Firms RFP responses and other presentations (such as client meetings). Maintain and update fee arrangement databases. Assist attorneys with AFA education, modeling, and creation. Assist Pricing Manager with closed matter analyses. Produce and run pricing scenario modelling for future bids by combining bid specific criteria with prior work models. Identify financial trends and AFA best practices and recommend improvements accordingly, including the identification and evaluation of market pricing tools and external sources of information. Carry out training and evangelization of those tools throughout the Firm. Stay informed of current AFA trends within the legal market; learn and apply new concepts; seek to develop and propose innovations in the field. Assist Pricing Manager with training and mentoring of junior level staff. Assist Pricing Manager with assignment, coordination and tracking of department projects. Demonstrate a high level of service delivery; do what is necessary to ensure customer satisfaction; deal with service failures and prioritize customer needs. Perform ad hoc analysis using the Firms profitability model and provide recommendations to increase profitability and efficiencies. Summarize detailed pricing analyses for high level consumption. Compile data from multiple sources and prepare reports. Proactively work cross functionally to ensure all pricing-related RFP requirements are complete. Job duties and responsibilities included are not exhaustive and may be supplemented as necessary. Reed Smith reserves the right to revise or modify job duties and responsibilities at any time. RequirementsEducation: Bachelor of Science - Business/Finance required Experience: Minimum of three years of experience in accounting, financial analysis, or paralegal field. Experience within the large law firm or professional service firm sector a plus. Knowledge of the terms AFA, RFP, strategic pricing required. Skills: Soft skills are VIP - Attention to detail and accuracy is imperative. Advanced Microsoft Excel skills (including use of pivot tables, Vlookup, charts/graphs, macros, what/if statements, financial formulas). Accounting systems - 3E System is a plus. Strong analytical skills, a high degree of intellectual curiosity, and the ability to engage with other team members in addressing a variety of accounting, reporting and business issues. An energetic, hands-on individual with a strong bias for action, someone who commits himself/herself fully to stretch goals, is receptive to ongoing coaching and development and who is dedicated to delivering outstanding results. Ability to manage multiple concurrent assignments to meet reporting deadlines. A highly motivated team player who contributes to an atmosphere in which people work together to produce superior results. Excellent interpersonal and written/oral communication skills. A good listener with outstanding interpersonal qualities and has the ability to present his/her views in a clear and compelling manner and is open to having sometimes difficult conversations regarding matter performance to reach firm goals of increasing profitability and efficiency. Ability to embrace step-change in a fast-paced team-oriented work environment. Unquestionable integrity, credibility and character who has demonstrated high moral and ethical behavior. OtherSupervisory Responsibilities: May be tasked with delegating to Pricing Specialist(s) and Client Value Interns. Equipment To Be Used: Personal computer and other office equipment such as telephone, calculator, fax, machine, copier, scanner, etc. Essential Job Functions: Ability to sit for prolonged periods, intense eye usage, and finger, hand and wrist dexterity associated with prolonged computer use. Ability to read and interpret written documents, computer screens and other visual displays accurately. Ability to work in a fast-paced environment. Ability to make judgment decisions and adapt to changing situations. Ability to communicate effectively orally and in writing with various personalities at all levels. Ability to handle multiple tasks and diverse work problems on a daily basis and complete assignments within set timelines. Must work in office as required. Must be able to travel for meetings and training as required. Working Conditions: You will be required to work in the office at minimum 3 days per week. Occasionally called upon to work hours in excess of your normal daily schedule. The details of your weekly schedule will be discussed further with your direct supervisor. Pay Ranges: This represents the presently-anticipated low and high end of Reed Smiths pay range for this position. Actual pay may vary based on various factors, including but not limited to location and experience. Pittsburgh/Hoston/Dallas: $88,600 - $92,000 Chicago and Philadelphia: $90,000 - $104,500 Washington DC: $101,000 - $111,000 Employee Benefits Overview Our comprehensive benefits package includes: 401(k) Retirement Plan Medical Insurance Health Savings Account (HSA) Virtual Health Services Dental Insurance Vision Insurance Accident Insurance Hospital Indemnity Insurance Critical Illness Insurance Life Insurance Short-Term Disability Coverage Long-Term Disability Coverage Flexible Spending Accounts (FSA) Lyra Health Employee Assistance Program (EAP) Paid Family Leave (for eligible Exempt and Non-Exempt staff) College Savings Plan Transportation Benefit Back-up Child Care Services College Coach Program Pet Insurance Paid Sick Time (for Exempt staff) Paid Time Off (available to all full-time, non-temporary employees) Reed Smith offers a challenging work environment, business casual dress code and a total compensation package that includes a competitive salary, flexible benefits program, tuition assistance, and generous 401(k) plan. Reed Smith is an Equal Opportunity Employer with Core Values of Integrity, Excellence, Teamwork & Respect, Innovation, and Impact. Reed Smith also provides reasonable accommodations in accordance with law, including in the application and interview process. Qualified candidates only. No search firms. PDN-9f5c3206-1afe-4236-86a5-2d5fc65cfcbf

Created: 2025-07-16