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Head of Pricing (m/f/d)

  • Job
    Full-time
    Expert Level
  • Business, Operations & Strategy
    Banking & Finance
  • Hamburg

AI generated summary

  • You need strategic pricing experience in professional services, strong business acumen, line management skills, excellent interpersonal abilities, and ideally multiple language skills.
  • You will develop a pricing team, implement strategies, enhance profitability reporting, support bids, perform financial modeling, and manage rate reviews.

Requirements

  • As this is a senior role within the European Finance team, we're looking for a partly or fully qualified individual who has previous experience in a similar role within a corporate environment. We'll also be looking for:
  • A highly developed understanding and experience of providing strategic pricing in a professional services environment
  • A highly developed understanding of business strategy
  • Demonstrate a high level of professional expertise and insight into the commercial context to be able to push the pricing agenda into the firm
  • Line management skills, with experience in developing and leading effective teams in a complex business environment
  • Good relationship building skills at all levels, with the ability to manage stakeholders effectively
  • Strong interpersonal and communication skills (written and oral)
  • Excellent commercial judgement
  • A team player with a flexible and pro-active approach to work with the ability to work autonomously
  • Ideally is able to speak a number of languages although this is not a prerequisite

Responsibilities

  • Recruitment and development of a commercial pricing team
  • Working with the CFO and Financial Controller, to take ownership of developing and implementing a modern pricing strategy, leveraging the team's expertise, and building strong relationships with senior management and the partnership to ensure their support
  • Review and enhance the current approach in relation to pricing and client profitability reporting to help drive the firm's financial performance
  • Consider the need for a European pricing committee and be an integral part of this as required
  • Consider and implement appropriate pricing software to aid commercial efficiencies
  • Consider modern pricing of alternative billing techniques (moving away from the hourly rate) such as fixed fee and in particular the impact of AI, automation and pricing of new products and service lines.
  • Supporting partners on bids and pitches with pricing negotiations and effective pricing options
  • Win the confidence and respect of the Partners and other key stakeholders
  • Perform financial modelling to support pricing decisions, improve the firm’s pricing analytics capabilities and better understand and predict costs of delivering work.
  • Develop metrics and reporting tools to clearly illustrate trends and analysis of pricing performance.
  • Review existing and historic pricing agreements with clients to identify opportunities for improvement and profitability increases.
  • Coaching and supporting Partners in understanding pricing levers and their commercial impact
  • Managing the firms annual rate review process

FAQs

What is the main purpose of the Head of Pricing role?

The main purpose is to develop and lead a pricing team and create a pricing strategy for Fieldfisher that aligns with the firm's overall strategy, enhances client profitability, and introduces pricing models to support the business and enhance client service.

Where is this position based?

This is a European role that can be based out of our London office or one of our European offices, with required travel when necessary.

Who will this role report to?

The Head of Pricing will report to the CFO.

What qualifications are required for this position?

Candidates should be partly or fully qualified with previous experience in a similar role within a corporate environment, particularly in strategic pricing in a professional services context.

What types of pricing techniques will be considered in this role?

The role will consider modern pricing techniques, including alternative billing methods such as fixed fees, AI, automation, and pricing for new products and service lines.

What are the expected responsibilities regarding team management?

The responsibilities include recruitment, development, and leadership of a commercial pricing team, as well as managing relationships with senior management and key stakeholders.

Is language proficiency a requirement for this position?

While it is ideal to be able to speak multiple languages, it is not a prerequisite for this role.

What benefits are offered for this position?

Benefits include an attractive salary package, further benefits in a modern office environment, flexible working hours, and the possibility of fixed home office days.

Will the individual have interaction with partners on pricing negotiations?

Yes, the role involves supporting partners on bids and pitches with pricing negotiations and presenting effective pricing options.

What does the firm value in collaboration and culture?

Fieldfisher values mutual support, a friendly atmosphere, open-mindedness, and teamwork as part of its workplace culture.

A law firm built around people

Law
Industry
1001-5000
Employees
1989
Founded Year

Mission & Purpose

Fieldfisher is an enterprising European law firm built around people. We have market-leading practices in our four key sectors of energy and natural resources, technology, financial services and life sciences. Fieldfisher helps clients keep pace with an unpredictable and continually evolving world, with a sector-diverse team of specialist dispute resolution lawyers on hand to assist with conflicts, whatever the size or subject matter. Our network spans over 1,500 people across 25 international offices, all of which offer clients highly commercial, pragmatic advice. We are based in Belgium, China, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Spain, the UK and the US. Fieldfisher was highly commended for its approach to legal services in the European FT Innovative Lawyers Awards 2019.

Culture & Values

  • Putting People First means colleagues, clients and communities at the forefront of all we do, wherever we are, whoever we are.

  • Embracing ESG means we collectively recognise our role in leaving things better than we found them.

  • Collaboration as the catalyst for success, means it is up to all of us to do the right thing, at the right time in the right way.

Benefits

  • Cycle to Work scheme

  • Dental insurance*

  • Discounted gym memberships

  • Employee assistance programme

  • Eye tests

  • Flu vaccination

  • Health cash plan*

  • Private medical insurance (incl. dependents)*