Logistics Management Institute
Pricing Analyst
Logistics Management Institute, Vienna, VA
Overview
Do you have what it takes to lead a proposal pricing effort from beginning to end? Do you understand the competition and how they might price their bid? 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 Pricing Analyst with 4-6 years of experience to provide pricing support for LMI. The Pricing Analyst will report to the Pricing Director and will be integral in the development of LMI's cost proposals. The job of the Pricing Analyst is to assume responsibility for a variety of cost volume, estimating, and pricing activities as an integral member of the team. This is a fast-paced position requiring attention to detail, demonstrated problem solving skills, ability to multi-task and thrive in a deadline-driven environment, and a willingness to work extended hours as needed to finish the job and see a proposal through to completion.
At LMI, we're reimagining the path from insight to outcome at The New Speed of Possible™. Combining a legacy of over 60 years of federal expertise with our innovation ecosystem, we minimize time to value and accelerate mission success. We energize the brightest minds with emerging technologies to inspire creative solutioning and push the boundaries of capability. LMI advances the pace of progress, enabling our customers to thrive while adapting to evolving mission needs.
Responsibilities
The ideal candidate will:
Qualifications
Basic Qualifications
Target Salary Range:$59934 - $104286. Disclaimer: The salary range displayed represents the typical salary range for this position and is not a guarantee of compensation. Individual salaries are determined by various factors including, but not limited to location, internal equity, business considerations, client contract requirements, and candidate qualifications, such as education, experience, skills, and security clearances.
Do you have what it takes to lead a proposal pricing effort from beginning to end? Do you understand the competition and how they might price their bid? 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 Pricing Analyst with 4-6 years of experience to provide pricing support for LMI. The Pricing Analyst will report to the Pricing Director and will be integral in the development of LMI's cost proposals. The job of the Pricing Analyst is to assume responsibility for a variety of cost volume, estimating, and pricing activities as an integral member of the team. This is a fast-paced position requiring attention to detail, demonstrated problem solving skills, ability to multi-task and thrive in a deadline-driven environment, and a willingness to work extended hours as needed to finish the job and see a proposal through to completion.
At LMI, we're reimagining the path from insight to outcome at The New Speed of Possible™. Combining a legacy of over 60 years of federal expertise with our innovation ecosystem, we minimize time to value and accelerate mission success. We energize the brightest minds with emerging technologies to inspire creative solutioning and push the boundaries of capability. LMI advances the pace of progress, enabling our customers to thrive while adapting to evolving mission needs.
Responsibilities
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.
- Ability to lead the Pricing effort associated with the requirements of an RFP.
- 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 and experience with competitive research and analysis considered a plus.
- Lead pricing review with upper management and 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
- Assist with coaching and reviewing work of lower level professionals.
- Must be knowledgeable of pricing tools, templates, and have the ability to quickly model business cases and develop strategic RFP responses.
Qualifications
Basic Qualifications
- Bachelor's degree or equivalent combination of education and experience
- 4-6+ years or more years of bid/capture, pricing or related experience
- Superior spreadsheet skills
- Must possess professional demeanor, and excellent communication skills.
- Strong analytical and writing skills.
- Experience in Cost Volume and Proposal Development. A demonstrated ability to understand customer requirements, to apply contracting principles, and to produce high quality proposals.
- Ability to teach and train other members of the Pricing staff in cost volume development.
- Expertise in government contracting and services business models.
Target Salary Range:$59934 - $104286. Disclaimer: The salary range displayed represents the typical salary range for this position and is not a guarantee of compensation. Individual salaries are determined by various factors including, but not limited to location, internal equity, business considerations, client contract requirements, and candidate qualifications, such as education, experience, skills, and security clearances.