Pricing and Yield Analyst

Job Description

Join LIAT (2020) Limited as a Pricing and Yield Analyst. By analysing pricing strategies and market trends, you will play a pivotal role in optimizing revenue streams and maximizing profitability. This position requires a strategic thinker with a strong analytical background and a deep understanding of pricing dynamics within an airline environment.

Responsibility

• Pricing Analysis:
  • Conduct comprehensive analysis of pricing structures, competitive pricing, and market trends.
  • Collaborate with cross-functional teams to develop and implement effective pricing strategies aligned with business goals.
  • Develop and maintain pricing tools and profitability models.
  • Grow total gross margin dollars by identifying pricing actions that encourage higher sale values, conversion rates, inelasticity, margin rates, and customer satisfaction.
  • Forecast margins to help the business understand the impact of promotional and seasonal pricing.
• Yield Management:
  • Implement and maintain yield management processes to optimize revenue and maximise inventory utilisation.
  • Monitor and adjust pricing and inventory strategies based on demand patterns, market conditions, and competitor actions.
• Data Analysis:
  • Utilise data analytics tools to extract insights and trends from large datasets.
  • Provide regular reports and recommendations to support decision-making processes related to pricing and yield management.
• Competitor Analysis:
  • Monitor and analyse competitor pricing strategies and market positioning..
  • Provide insights on competitive threats and opportunities to enhance our market position.
• Collaboration:
  • Work closely with Sales, Marketing, and Operations teams to align pricing strategies with overall business objectives.
  • Collaborate with cross-functional teams to implement pricing changes and promotions effectively.
• Forecasting:
  • Develop and maintain accurate demand forecasts to support pricing and inventory management decisions.
  • Collaborate with other departments to incorporate market intelligence into forecasting models.
• Strategy Development:
  • Assist in the development and refinement of pricing and yield management strategies.
  • Provide input into the development of new products or services based on pricing analysis.

Experience and Qualifications

• Bachelor’s degree in finance, Business, Economics, Aviation Management, or a related analytical field. Master's degree is a plus.
• At least 5 years proven experience as a pricing analyst, revenue management, and/or related roles in an airline.
• Knowledge of industry trends, regulations, and competitive landscape in the aviation sector.
• Strong analytical to compare sales trends and market data and problem-solving skills to identify declining sales trends and devise strategies to improve them.
• Excellent communication skills with the ability to present complex data and strategies to diverse audiences.
• Detail-oriented with the ability to work independently and collaboratively in a fast-paced environment.
• Knowledge of economic and accounting principles and practices, the analysis and reporting of financial data.
• Proficient in the use of Microsoft Office Suite, with a particular focus on advanced Excel skills.
• Commitment to continued learning and personal development.

Benefits and Others

• Competitive remuneration package.
• Opportunity to shape the strategic future of a revamped regional start-up airline.
• Exciting, collaborative, and innovative work environment.

Please follow the below instructions:

1. Send application to this email: recruitment@liat20.com  
2. Email Subject Line: Pricing and Yield Analyst
3. Attach your: CV

Any application without the job title or multiple job titles would not be considered.

Note:

• If you have previously applied for an identified role, there is no need to re-apply. 
• Kindly note that only candidates who have been shortlisted will be contacted after the screening of all received applications.