Revenue Analyst

The Revenue Management team is responsible for maximizing ticket and ancillary revenue for every flight within Norwegian’s route network. As Revenue Analyst you are a vital part of this team, and you are responsible for a given route portfolio.
For your given set of markets, and for each route, departure date, and specific flight, you will determine the optimal fare to sell at any given moment in time to maximize the flight’s revenue. You have a clear understanding of the relationship between price and volume and supply and demand. You work according to defined standards and processes, actively using the optimization system and engaging in a regular dialog with other departments to find ways to drive and optimize revenue.

Tasks:
Long term strategic optimization
•    Define business plan and top line budget for your route portfolio in collaboration with other commercial stakeholders, aiming to maximize total revenue 
•    Define and evaluate price points per route and market
•    Define rate and availability strategy in all distribution channels
•    Understand and influence the forecasting of ticket revenue
•    Support Network in making commercial decisions for specific routes and markets
•    Analyze and follow up on business mix, revenue and RASK development on all assigned routes 
•    Communicate needs and deviations to other stakeholders in the organization and suggest activities to support and drive revenue
 

Short term optimization of prices- daily yielding
•    Monitor the market and competition: Continuously analyze competitive sets, price positioning and seasonality
•    Actively work with systems to analyze booking pace and manage rates and availability in order to optimize revenue
•    Manage rates and availability in all distribution channels
•    Evaluate group requests and allotments
•    Reporting and communication
•    Analyze and comment on performance
•    Prepare for and participate in Cross Commercial and internal meetings
•    Engage in a regular dialogue with other internal stakeholders in the organization, and secure that they are informed about market development, revenue development and need
•    Engage in best practice sharing and dialogue within the RM team
•    Engage in RM related analysis/projects as required
•    Maintain a good dialog with other relevant departments

 Competence and experience:
•    University degree in economics, mathematics, statistics, or general business studies
•    Prior experience from airline and/or travel industry, preferably from revenue management
•    Commercial and financial understanding
•    Proficiency in English- written and oral
•    Excellent knowledge in excel

Personal skills: 
•    Analytical
•    Commercially driven
•    Goal oriented
•    Structured and thorough
•    Good communication skills
•    Proactive and self motivated
•    Team player
•    Ability to identify trends, opportunities and threats- and act upon them
•    Decisive and able to prioritize in tough situations/ able to handle stress

We offer: 
•    Competitive company benefits including employee priced tickets and share saving program
•    Good pension and insurance schemes
•    Positive and exciting place to work in a global expanding organization
•    Challenging, variable and dynamic environment