Analyst I, Pricing/revenue Analyst

1 week ago

Singapore Scoot Tigerair Pte Ltd Full time

Summary

The role of Analyst, Revenue Management, is to be responsible for the development and implementation of revenue management strategies and tactics for a given set of routes/ markets, utilising pricing and inventory control measures.

**Job Description**:
Main Responsibilities

Pricing Development- Assess and segment demand based on market conditions- Maximise revenue by developing optimal fare structure on all routes and beyond points originating from assigned point of origin/commencement- Identify opportunities for tactical pricing actions for incremental traffic- Benchmark and monitor pricing strategy vs competition- Set group policy, procedures and fares for a given portfolio of markets- Regulatory fare filing where applicable- Work closely with revenue analysts, sales managers and market contacts to identify revenue opportunities and take early pricing actions

Revenue Management- Assess and segment demand based on market conditions- Maximise revenue on assigned routes by optimising inventory control measures and overbooking management- Work with Pricing Team to identify opportunities for tactical pricing actions for incremental traffic- Identify opportunities to maximise revenue through demand forecast/ inventory adjustments without significant adverse impact on demand and market share- Drive revenue management best practices and enhancements to the revenue management system- Work closely with pricing team, overseas managers and market contacts to identify revenue opportunities and take early revenue management actions- Post departure analysis to ensure strategies align with expected outcomes through constant evaluation of no-shows, go-shows, cancellations, and demand shifts.- Monthly forecast review and adjustments & development of annual revenue budget/ targets by month for assigned routes

Systems Settings/ Maintenance- Ensure timely and accurate update of fares in relevant distribution channels- Ensure timely and accurate set up of system influences and strategies

Requirements- Degree, preferably from a numerical discipline- Energy and enthusiasm, with demonstrable can do attitude- Self-starter- 1-2 year of experience in a similar role would be an advantage

Key Skills- Strong numerical and analytical skills with commercial acumen- Fluent written, spoken and reading capability in English- High level of accuracy and detail- Strategic outlook and understanding- Excellent communication skills and experience in working with people at all levels.- Ability to maintain the overview and see the bigger picture- Able to create and maintain strong internal and external networks- Able to handle simultaneous projects and adapt to a fast-paced, changing environment

Skills:

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