7 Analyst, Revenue Management II Jobs in Denver, CO
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Analyst, Revenue Management II
$71k-87k (estimate)
Full Time | Transportation
3 Weeks Ago
Frontier Airlines is Hiring an Analyst, Revenue Management II Near Denver, CO
Why Work for Frontier Airlines? At Frontier, we believe the skies should be for everyone. We deliver on this promise through our commitment to Low Fares Done Right. This is more than our tagline - it’s our driving philosophy. Every member of Team Frontier has an important role to play in bringing this vision to life. Our successful business model allows travelers to take advantage of our fast-growing route network while our bundled and unbundled pricing options allow our customers to personalize their travel experience and only pay for the services they need – saving them money along the way.
What We Stand ForLow Fares Done Right is our mission and we strive to bring it to life every day. Our ‘Done Right’ promise means delivering not only affordable prices, but making travel friendly and easy for our customers. To do this, we put a great deal of care into every decision and action we take. We must be efficient with the use of our resources and make smart decisions about how we run our business. We must also innovate and be pioneers - we’re not afraid to try new things. While our business requires us to fly high in the air, we also consider ourselves down-to-earth in our approach, creating a warm and friendly experience that truly demonstrates Rocky Mountain Hospitality.
Work PerksAt Frontier, we like to think we’re creating something very special for our team members. Work is why we’re here, but the perks are nice too:
What Will You Be Doing?The Revenue Management Analyst II monitors and establishes inventory levels based on revenue data of passenger loads, capacity, group bookings, and demand in order to maximize revenues using forecast optimization tools. The Analyst II is expected to perform at a higher level than the Analyst I, especially in terms of measurable results in RASM, Load Factor, Average Fare, Posted Leg L/F and Managed Leg L/F to improve profitability. This position is also responsible for maintaining awareness of competitive issues within assigned markets and making recommendations for necessary adjustments.
Essential Functions
Work EnvironmentTypical office environment, adequately heated and cooled
Physical EffortGenerally, not required
Supervision ReceivedGeneral Direction: The incumbent normally receives little instruction on day-to-day work and receives general instructions on new assignments.
Positions Supervised
What We Stand ForLow Fares Done Right is our mission and we strive to bring it to life every day. Our ‘Done Right’ promise means delivering not only affordable prices, but making travel friendly and easy for our customers. To do this, we put a great deal of care into every decision and action we take. We must be efficient with the use of our resources and make smart decisions about how we run our business. We must also innovate and be pioneers - we’re not afraid to try new things. While our business requires us to fly high in the air, we also consider ourselves down-to-earth in our approach, creating a warm and friendly experience that truly demonstrates Rocky Mountain Hospitality.
Work PerksAt Frontier, we like to think we’re creating something very special for our team members. Work is why we’re here, but the perks are nice too:
- Flight benefits for you and your family to fly on Frontier Airlines.
- Buddy passes for your friends so they can experience what makes us so great.
- Discounts throughout the travel industry on hotels, car rentals, cruises and vacation packages.
- Discounts on cell phone plans, movie tickets, restaurants, luggage and over 2,000 other vendors.
- Enjoy a ‘Dress for your Day’ business casual environment.
- Flexible work schedules that support work/life balance.
- Total Rewards program including a competitive base salary, short term incentives, long-term incentives, paid holidays, 401(k) plan, vacation/sick time and medical/dental/vision insurance that begins the 1st of the month following your hire date.
- We play our part to make a difference. The HOPE League, Frontier Airlines’ non-profit organization, is dedicated to providing employees financial assistance during catastrophic hardship.
What Will You Be Doing?The Revenue Management Analyst II monitors and establishes inventory levels based on revenue data of passenger loads, capacity, group bookings, and demand in order to maximize revenues using forecast optimization tools. The Analyst II is expected to perform at a higher level than the Analyst I, especially in terms of measurable results in RASM, Load Factor, Average Fare, Posted Leg L/F and Managed Leg L/F to improve profitability. This position is also responsible for maintaining awareness of competitive issues within assigned markets and making recommendations for necessary adjustments.
Essential Functions
- Manages and maximizes revenues by developing and implementing interdepartmental strategies through quantitative analysis of historical passenger demand, the competitive environment, and consumer buying behavior
- Optimizes and validates forecasted demand of similar and disparate market sets
- Analyzes market influences, evaluates market historical performance, identifies market demand patterns, and performs trend analysis
- Summarizes data and analysis results, formulates and reviews conclusions
- Recommends and implements market/flight-level inventory allocation strategies based on conclusions of analyses
- Audits, monitors, and refines individual progress towards market goals and strategies
- Presents original analysis and strategies to senior management, designs departmental business processes, analyzes the effects of fare and inventory changes on market performance, and work on ad hoc projects related to the airline’s strategic goals
- Monitors current revenue management systems to make sure they are current with upgrades/technical issues
- Consistently analyzes competitive landscape, paying attention to fare and schedule changes.
- Recommends improvements, standardization, and tools through constant evaluation of team processes.
- Performs frequent audits and modifications of best practice documentation related to revenue management processes
- Interacts with group desk, pricing, and other departments in order to maximize revenues.
- Participate in the creation of regular reports for Senior management
- Analyzes the potential of and recommends, if appropriate, extra lift/ scheduling changes/ market connections
- Efficient prioritizing of daily responsibilities including an evaluation of changes in competitive fare environment
- Bachelor’s degree in Economics, Statistics, Mathematics, Finance, Supply Chain, Industrial Engineering, Aviation Management or related field or equivalent work experience/training.
- Advanced degree in business, economics, statistics, mathematics, or operations research preferred.
- 2 years’ experience in revenue management strongly preferred
- Previous knowledge and experience with a revenue management system
- Demonstrates significant analytical ability
- Must be able to independently identify a problem area and sift through multiple data sources
- Ability to produce high quality quantitative methods
- Shares knowledge and expertise with Analyst I level
- Able to efficiently summarize variances and presents recommendations to upper management
- Familiarity with software programs/languages used in conducting quantitative analysis (Python, Oracle, SAS, SQL, etc.)
- Demonstrated analytical skills, including the ability to assemble information, extract pertinent facts, draw logical conclusions, and present recommendations.
- Complete understanding and application of principles, concepts, practices of RM theory
- Strong interpersonal skills and emotional intelligence (EQ)
- Experience with CRS and RM systems
- Ability to handle confidential material
- Interest in problem-solving, economic game theory, and consumer buying behavior
- Willingness to take calculated risks
- Ability to work well within a team environment
- Medium to Advanced Excel knowledge and skills
- High degree of PC skills (MS Office applications, database tools, etc)
- Ability to work under general direction with latitude in planning workload to accomplish objectives
- Ability to handle confidential material
- Excellent written and verbal communications skills
- Entrepreneurial attitude, able to take ownership and deliver results
Work EnvironmentTypical office environment, adequately heated and cooled
Physical EffortGenerally, not required
Supervision ReceivedGeneral Direction: The incumbent normally receives little instruction on day-to-day work and receives general instructions on new assignments.
Positions Supervised
- None
Job Summary
JOB TYPE
Full Time
INDUSTRY
Transportation
SALARY
$71k-87k (estimate)
POST DATE
05/22/2024
EXPIRATION DATE
06/19/2024
WEBSITE
flyfrontier.com
HEADQUARTERS
MADISON, WI
SIZE
3,000 - 7,500
FOUNDED
1994
TYPE
Public
CEO
BELL CUFFY
REVENUE
$1B - $3B
INDUSTRY
Transportation
Related Companies
About Frontier Airlines
Frontier is a passenger and freight airline that provides scheduled air transportation services.
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The following is the career advancement route for Analyst, Revenue Management II positions, which can be used as a reference in future career path planning. As an Analyst, Revenue Management II, it can be promoted into senior positions as a Revenue Cycle Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Analyst, Revenue Management II. You can explore the career advancement for an Analyst, Revenue Management II below and select your interested title to get hiring information.
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