Commercial Economist - London, United Kingdom - PRS for Music

PRS for Music

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Overview:
Music wouldn't exist without the work of songwriters, composers and publishers. We're here to represent them and ensure that they are rewarded for their creations. Over a century in the making, we are a global leader in the industry and always take centre stage.

The Role

The Commercial Department at PRS for Music is the customer facing and revenue generating arm of one of the world's leading music copyright collectives.

We are a UK based team of over 40 individuals who currently generate in excess of £650 million per year for our members through licensing music usage to a wide variety of industries, including; major and independent record labels, music festivals, broadcasters, computer game platforms and publishers and increasingly Web3 and the Metaverse.

We are currently undergoing a dynamic and exciting Sales Transformation process that will result in us delivering in excess of £1 billion a year to our members by 2026 and we are looking for new colleagues to help us reach our goals.

We love our music and we love the challenge and responsibilities that go with delivering what is due to UK songwriters, composers and music publishers and we want to bring in talented individuals who can help us achieve significant growth by selling the benefits of music into the marketplace.

Responsibilities:

As our Commercial Economist you will be responsible for delivering economic input into strategically critical commercial projects, principally developing new standard prices/tariffs for our core markets, as well as supporting ad hoc analysis to support deal negotiations and creating research pieces and impact assessments of commercial opportunities and competitive threats.

As our Commercial Economist, some of your day to day duties will include.

Leading on the delivery of economic and/or quantitative analysis within key commercial projects.
Analyse market trends and patterns to inform the commercial approaches taken by the division.
Providing economic advice on economic and/or quantitative issues across areas of the Commercial Partnerships division.
Developing economic frameworks to assess pricing options.
Making recommendations to prioritise and enhance our tariff development and commercial approaches.
Assessing the impact of our prices and commercial policies including reviewing performance of newly launched and legacy music licence products

Qualifications
:
About you

At PRS for Music, we want you to bring the best version of yourself to work every day and we celebrate individuality.

Along with being whoever you want to be, in an ideal world you will also have

Proven, strong analytical and diagnostic skills, with an aptitude for absorbing, analysing, and communicating financial, management and customer information, complex issues, ideas and concepts clearly and persuasively; in meetings and in report form tailoring the means of delivery, the language and format for a wide mix of audiences.
Highly numerate with the ability to assimilate and summarise matters of complexity concisely.
Ability to generate innovative solutions to problems and issues, to take responsibility for resolving problems and deal with them promptly.
First class communication and interpersonal skills with the confidence and diplomacy to develop longterm relationships and deliver futurefacing insights to senior management
An undergraduate degree in economics (or a discipline with a substantial economic component) or relevant experience in economics or quantitative analysis roles.
Experience of distilling and communicating economic information and arguments for a wide variety of audiences.

What's in it for you?

Joining the band here at PRS for Music is so much more than just a day job Below are just a few notes that set us apart from the crowd.

We trust, value, and support our people to make the difference
We believe that diversity of thought and experience provides the platform for innovation and creativity
We are consciously inclusive
We invest in the development of our people to drive our ambitions forward
Work from anywhere in the world, for up to 2 months of the year
A whole range of other benefits, including retail discounts, gym discounts and tickets to gigs.

The Process
Our interview process for this role is simple and as follows:

First stage interview competency (evidence based) held virtually.
Second stage interview in person at our London Bridge Hub which will include a presentation

Location
We offer a hybrid working model, allowing employees to work from home for 3 days per week. However, when you see the view from our London Bridge Hub overlooking the River Thames, we are sure you will want to join us in our fun, collaborative working space

Job Types:
Full-time, Permanent