Senior Pricing Analyst

4 weeks ago

Rolling Meadows Illinois, United States Gallagher Full time
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 you’re close but not an exact match, we encourage you to apply.

Responsibilities:
We are hiring for a Senior Pricing Analyst to join our Gallagher Bassett Team

 

Role

Preparation of complex pricing and profitability analyses supporting New Business and in line with renewal strategy with minimal managerial guidance

Analyze revenue, cost, margin and pricing agreements while providing insight and recommendations for timely and effective business decisions with minimal managerial guidance

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

Ensure development and improvement of standard pricing analytic report templates, presentations, methodologies and processes through advanced analytical thought processes

Work with the Business to develop and implement pricing strategies that effectively cater to various markets and channels

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 complex ad hoc analyses for operational and financial management and to support business needs

Skills & Qualifications:

Extensive 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

Good business acumen

Advanced computer skills including Microsoft Office suite (mainly Excel and PowerPoint)

Technical expertiseAbility to execute and present analysis with minimal guidance from manager

Proficient to advanced knowledge of insurance industry

Acquire proficient to advanced knowledge of proprietary systems/processes

Qualifications:
Required:

Bachelor's degree, with preference in a quantitative analytical field such as Finance, Accounting, Math, Statistics or Economics

7 plus years of experience in quantitative analysis

Advanced knowledge of Microsoft Excel is required

Preferred:

2 to 3 years pricing-related experience that may include pricing management, methods and techniques, financial analysis, and/or marketing research highly preferred

MBA or related advanced degree a plus

Prior experience working in insurance or finance industries

Behaviors:

Extensive experience in excel-based financial modeling, including financial planning and analysis, pricing and partnering with non-finance business partners

Experience with Business Intelligence tools, including Cognos; knowledge of SQL or Microsoft Access with a strong understanding of relational databases preferred

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

#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 you’ll get, depending on your job level these benefits may improve:

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

Other benefits include:

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...

We value inclusion and diversity

Click to review our U.S. Eligibility Requirements

Inclusion and diversity (I&D) is a core part of our business, and it’s 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.

 

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