- Preparation of moderately complex pricing and profitability analyses supporting New Business and in line with renewal strategy with managerial guidance
- Analyze revenue, cost, margin and pricing agreements while providing insight and recommendations for timely and effective business decisions with managerial guidance
- Support Senior Analysts and collaborate with Sales Executives, Account Managers and Field Operations to gather and question all cost assumptions used to prepare a quote
- Work directly with Sales and Account Management to improve financial status of current and potential clients by analyzing results and variances, identifying trends and recommending appropriate actions
- Analyze the impact of price changes, recommend adjustments to pricing standards and strategies that will support business objectives and plans without impeding future growth
- Challenge the conventional pricing methodology to improve the process and develop new approaches
- Perform moderately complex ad hoc analyses for operational and financial management and to support business needs
- Bachelor's degree, with preference in a quantitative analytical field such as Finance, Accounting, Math, Statistics and Economics, 4 or more years of experience in quantitative analysis solving business problems, preferably including some pricing-related experience that may include pricing management, methods and techniques, financial analysis, and/or marketing research.
- Advanced knowledge of Microsoft Excel is required.
- Experience in excel-based financial modeling, including financial planning and analysis, pricing and partnering with non-finance business partners
- Ability to flex between data/analytics and marketing creativity while thinking outside the box to solve complex problems with limited data sources
- Comfortable in an environment with changing priorities, and competing demands for time
- Ability to communicate effectively, verbally and in writing, and to establish and maintain effective working relationships with employees, business partners and company officials
- Attention to detail
- Results oriented:
- Accountable
- Accurate
- Problem solver
- Continuous improvement mindset
- Excellent customer service and interpersonal communication skills
- Proficient computer skills including Microsoft Office suite (mainly Excel and PowerPoint)
- Technical expertise
- Ability to execute and present analysis with guidance from manager
- Proficient knowledge of insurance industry
- Acquire proficient knowledge of proprietary systems/processes
- Good business acumen
- Medical/dental/vision plans, which start from day one
- Life and accident insurance
- 401(K) and Roth options
- Tax-advantaged accounts (HSA, FSA)
- Educational expense reimbursement
- Paid parental leave
- Digital mental health services (Talkspace)
- Flexible work hours (availability varies by office and job function)
- Training programs
- Gallagher Thrive program elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
- Charitable matching gift program
- And more...
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Pricing Analyst - Rolling Meadows, United States - Gallagher
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Description
About Us:
Join our growing team of dedicated professionals at Gallagher Bassett, who guide those in need to the best possible outcomes for their health and wellbeing. You'll be part of a resilient team that works together to redefine the boundaries of excellence. At our organization, we value collaboration and making a positive impact in the lives of our clients and claimants, offering you the opportunity to join a team where your skills and dedication can truly make a difference. GUIDE. GUARD. GO BEYOND.
We believe that every candidate brings something special to the table, including you So, even if you feel that youre close but not an exact match, we encourage you to apply.
Responsibilities:We are hiring for a Pricing Analyst for our Gallagher Bassett Team
Required:
Preferred:
#LI-TL1
Additional Information:On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.
Below are the minimum core benefits youll get, depending on your job level these benefits may improve:
Other benefits include:
We value inclusion and diversity
Click Here to review our U.S. Eligibility Requirements
Inclusion and diversity (I&D) is a core part of our business, and its embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.
Gallagher embraces our employees diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.
Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as protected characteristics) by applicable federal, state, or local laws.
Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.