Junior Pricing Analyst

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.

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.
• 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
• Superior communications skills
• Excellent writing skills

Target Salary Range:$45750 - $78690. 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.