Logistics Management Institute

Jr. Pricing Analyst

US-VA-Tysons
2 months ago
Job ID
2017-1309
# of Openings
1
Category
Contracts/Subcontracts

Overview

 

Do you want to learn what it takes to lead a proposal pricing effort from beginning to end? Do you want to understand your competition and how they might price their bid? Do you want to discover a better way to price proposals than what your company is doing? Do you have what it takes to be a future leader and a strategic thinker? If so, this job may be for you.

LMI seeks a Jr. Pricing Analyst with 0-2 years of experience to provide pricing support for LMI. The Jr. Pricing Analyst will report to the Pricing Manager and will be integral in the development of LMI’s cost proposals. The Jr. Pricing Analyst will receive intense mentoring from the Pricing Manager and the VP of Contracts to develop their skills in pricing.

Responsibilities

  • Pricing Skills - The ideal candidate will:

    • Coordinate with the proposal team on pricing proposals involving competitive, realistic and responsive proposal budgets from the pre-RFP stage through award.
    • Review the cost and business requirements of Requests for Proposals for the purpose of identifying risks, trends, and deviations. Develop RFP questions that generate answers that help LMI comply with the RFP and execute its pricing strategy.
    • Develop appropriate pricing templates utilizing Microsoft Excel that conform to solicitation requirements and LMI pricing standards.
    • Perform cost/price analysis and develop pricing templates and models to evaluate different strategies and "what-if" scenarios.
    • Review all pricing data submitted by project staff and external entities for accuracy, completeness, consistency, reasonableness. Facilitate changes as necessary.
    • Experience ghosting competitors during solution development considered a plus.
    • Participate in pricing review with upper management and coordinate with senior staff to determine pricing structure and strategy.
    • Ensure that the cost proposal is compliant with all solicitation requirements and regulations.
    • Support audits and participate in cost proposal clarifications or negotiations.
    • Assist with the development of smart and efficient pricing standards, strategies and best practices where applicable and integrate the same throughout the organization

Qualifications

    • Bachelor's degree or equivalent combination of education and experience
    • 0-2 years or more years of bid/capture, pricing or related experience
    • Superior spreadsheet skills-strong excel modeling experience considered a plus
    • Excellent writing skills
    • Ability to communicate and interact well with all levels of the organization.
    • Ability to work effectively under time critical deadlines and stressful situations.
    • Ability to work effectively with direct supervision.

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