Senior Pricing Analyst supporting Torys law firm proposals, alternative fee arrangements, and profitability reporting. Building financial models and advising lawyers, Business Development, and Finance stakeholders.
Responsibilities
Provide analytical and pricing support to lawyers, Business Development, Finance and other stakeholders across the Firm
Support client proposals, alternative fee arrangements, profitability reviews and pricing initiatives
Collaborate with Business Development, practice leads and client relationship partners on pricing for RFPs, competitive proposals and client fee discussions
Analyze historical matter data, realization rates and profitability information to support pricing recommendations
Develop alternative fee arrangements, including fixed fees, phased fees, fee caps, success fees and blended-rate structures
Create and maintain pricing models, budgeting tools, templates and supporting materials
Participate in client pricing auctions and competitive bidding processes
Maintain the Firm’s profitability reporting and improve reporting capabilities and analytical insights
Participate in post-matter reviews and provide qualitative and quantitative file profitability analysis
Prepare client-facing reporting on discounts, rebates, credits and other negotiated financial arrangements
Monitor special client arrangements and support renewal discussions with analysis, recommendations and reporting
Support rate administration and maintain the integrity of the Firm’s billing arrangements database
Prepare internal reports and analyses and respond to financial and pricing information requests
Review and validate Financial Analyst reports and provide guidance on results
Provide backup support to the Senior Manager, Pricing and Pricing Specialist
Review pricing strategy effectiveness, identify trends and opportunities, and recommend improvements
Assist with pricing-related education and training for lawyers and Business Services professionals
Participate in departmental, process improvement and Firm-wide initiatives
Requirements
Post-secondary degree or diploma in Accounting, Finance, or a related discipline, or an equivalent combination of education and experience
3 to 5 years of related experience, preferably within a law firm or other professional services environment
Experience supporting RFPs, client proposals, competitive bids, alternative fee arrangements, or other pricing-related initiatives is strongly preferred
Advanced analytical and financial modelling skills
Proficiency in Excel, including pivot tables, complex formulas and data modelling
Knowledge of SQL is an asset
Experience working with large and complex data sets
Experience extracting, analyzing and interpreting information from accounting or financial systems
Familiarity with Elite 3E, Power BI or similar reporting and business intelligence tools is an asset
Ability to leverage technology and AI-enabled tools to improve efficiency, analysis and decision-making
Strong business writing, communication and stakeholder engagement skills
Ability to build strong working relationships with stakeholders across the firm
Strong client service orientation and ability to manage multiple client needs simultaneously
Strong interpersonal skills and ability to work independently and collaboratively
Ability to plan, organize, schedule and deliver within tight deadlines in a high-pressure environment
Exceptional analytical and problem-solving skills
Sound judgment and ability to handle confidential information with utmost discretion
Exceptional attention to detail
Successful employment offers are subject to criminal record, social media, employment and educational background checks
Benefits
Hybrid work model
Accommodations available for applicants with disabilities
AI-assisted recruitment process with all applications reviewed by Human Resources
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