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Revenue Management Analyst

location_onCrawley
Permanent
Competitive
16-10-2024

Job Details

Hours: 37.5 per week, Monday to Friday 
Location: Hybrid remote working with 3 days in our VHQ Crawley, West Sussex 
Contract: Permanent 
Closing Date: Wednesday, 16th October 2024 

In a nutshell

At Virgin Atlantic, we believe that everyone can take on the world, and it's our vision to become the most loved travel company. As we embark on the next exciting stage of our journey beyond our 40th anniversary, we're harnessing our spirit of entrepreneurship and innovation to challenge the status quo.  So, if you're ready to take your career to new heights, read on.

In the role of Revenue Management Analyst you'll deliver and implement Virgin Atlantic Airway's (VAA’s) worldwide Inventory Management strategies through rigorous, constant, evaluation and analysis of VAA's Inventory strategies and competitive positioning, in line with our network and strategic objectives.  

You'll deliver effective Inventory Management in an efficient, accurate and timely manner, in support of the department’s Inventory Management & Pricing strategies

Day to day

  • Responsible for the delivery and implementation of VAA’s revenue generation through strategic, insightful and informed revenue plans 
  • Through scientific and forensic knowledge of the market and continual evaluation of the competitive landscape, make recommendations to Manager – Revenue Management Inventory as to strategies to facilitate the delivery of VAA’s  Network revenue optimization and strategy 
  • Deliver proactive and reactive Inventory Management initiatives in a timely and accurate manner 
  • Perform KPI maintenance and analysis on a regular basis 
  • Utilize O&D business rules to improve VAA’s revenue performance with constant review of effectiveness 
  • Utilize Demand influences rules to reflect market conditions and ensure demand forecast accuracy 
  • Accountable for the analysis, creation and implementation of revenue plans to support the strategic objectives of VAA and its network revenue generation 
  • Constantly review effectiveness of Inventory strategies and system parameters, ensuring best practice 
  • Responsible for optimizing Revenue Management KPIs to maximize VAA’s passenger network revenue  
  • Test demand elasticity to optimize revenue through strategic Inventory Management 
  • Analyse and recommend point of sale, O&D and segment Inventory strategies to maximize Network Revenue Optimization 
  • Utilising analytics’ tools, minimize low/high yield spill and spoil, optimize forecast accuracy and set overbooking strategies and other key performance metrics 

About you

Do you have the ability to interpret, analyse, manipulate and present significant volumes of data? Do you have experience using either – Power BI or Tableau? Then this could be the role for you!

Alongside the above we're looking for the following to be successful in your application: 
  • Ability to use organizational skills to prioritize and multi-task 
  • Commercial acumen with the ability to take accountability and ownership of area of responsibility 
  • Demonstrated experience in delivering analysis accurately to a high standard and working to deadlines in a fast paced, dynamic environment 
  • Creative problem solver 
  • Good Interpersonal and communication skills with the ability to present in a structured manner 
  • Educated to degree level in business, analytics, economics, engineering, math, aviation or experience in a related field
  • Practical working experience of Microsoft Office products, including the ability to use Excel to an advanced level 
  • Well-developed numerical and analytical skills 
  • Proven experience in communicating complex messages to a variety of audiences 
  • Demonstrated experience in driving efficiency through process improvement 
If the above sounds like you, and you want to join us on our journey to become the 'Most Loved Travel Company' then we'd love to hear from you!  

Our recipe for leadership

At Virgin Atlantic, our leaders empower teams to thrive through collaboration, innovation, and excellence. Explore our Leadership Recipe and discover the 20 core ingredients that define what it means to lead with us, driving our mission to be the most loved travel company and achieve sustainable profit. Want to learn more? Click here

Be yourself

Our customers come from all walks of life and so do our colleagues. That’s why we’re proud to be an equal opportunity employer and actively encourage applications from all backgrounds. At Virgin Atlantic, we believe everyone can take on the world - no matter your age, gender, gender identity, gender expression, ethnicity, sexual orientation, disabilities, religion, or beliefs. We celebrate difference and everything that makes our colleagues unique by upholding an inclusive environment in which we can all thrive. So that everyone at Virgin Atlantic can be themselves and know they belong.

To make your journey with us accessible and individual to you, we encourage you to let us know if you’d like a little extra help with your application, or if you have any individual requirements at any stage along your recruitment journey. We are here to support you, so please reach out to our team, ([email protected]) feeling confident that we’ve got your individual considerations covered.