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Revenue Management Analyst

Summary

The Revenue Management Analyst I is an entry level position that is responsible for the day-to-day revenue maximization of Allegiant’s scheduled service flights. This role will have one of three emphases towards this goal: air pricing projects and analysis, ancillary pricing projects and analysis, or revenue model enhancement. Any emphasis will be in addition to a core function of pricing and yield management of flights. 


Visa Sponsorship Available

No


Minimum Requirements

Combination of Education and Experience will be considered. Must be authorized to work in the US as defined by the Immigration Act of 1986. Must pass a Criminal Background Check.

Education:  Bachelor’s Degree In Economics, Engineering (any), Mathematics, Finance, Accounting, or any other quantitative focus.


•Proficiency in Microsoft Excel.

•Highly organized and able to price a large number of similar but unique flights.

•Strong understanding of basic supply and demand economics.

•Self-motivated to continually improve upon past performance.

•Excellent problem solving and structured thinking skills.

•Excellent verbal and written communication skills.

•Excellent attention to detail.

•Excellent team approach and positive attitude.


Preferred Requirements

•Airline or transportation industry interest.

•Experience in business, economics, and/or math advantageous.

•Experience in SQL, Python, Visual Basic, or similar coding.

•Ability to create spreadsheet models and produce relevant output is extremely advantageous.


Job Duties

•Manage aircraft seat inventory utilizing demand models, forecasts, and knowledge of market behavior.

•Create, price, and evaluate air-related ancillary revenue sources.

•Produce ad-hoc projects related to the airline’s strategic and profitability goals.

•Generate and update analysis and reports for revenue team.

•Model Allegiant’s customer service standards in personal actions and when providing leadership direction.

•Other duties as assigned.


Physical Requirements

The Physical Demands and Work Environment described here are a representative of those that must be met by a Team Member to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the role.


Office - While performing the duties of this job, the Team Member is regularly required to stand, sit, talk, hear, see, reach, stoop, kneel, and use hands and fingers to operate a computer, key board, printer, and phone. May be required to lift, push, pull, or carry up to 20 lbs. May be required to work various shifts/days in a 24-hour situation. Regular attendance is a requirement of the role. Exposure to moderate noise (i.e. business office with computers, phones, printers, and foot traffic), temperature and light fluctuations. Ability to work in a confined area as well as the ability to sit at a computer terminal for an extended period of time. Some travel may be a requirement of the role.


Essential Services Provider

Allegiant as a national air carrier is deemed an essential service provider during declared national and state emergencies. Team Members will be required to report to their assigned trip or work location during national and state emergencies unless prohibited by local, state or federal order.


EEO Statement

We welcome all individuals from varied backgrounds and experiences to apply. Our company celebrates diversity, and we value the unique perspectives and talents that each person brings to our team. 


Equal Opportunity Employer: Disability/Veteran

For more information, see https://allegiantair.jobs





$50,000 - $67,000 a year

Full Time Benefits:

Profit Sharing

Medical/Dental/Vision/Life/ Disability Insurance

Medical Travel Reimbursement

Legal, Identity and Pet Insurance

401K with an employer match

Employee Stock Purchase Plan

Employee Assistance Program

Tuition Reimbursement

Flight Benefits

Paid vacation, holidays, and sick time

 

Part Time Benefits:

Profit Sharing

Medical Travel Reimbursement

Legal, Identity and Pet Insurance

401K with an employer match

Employee Stock Purchase Plan

Employee Assistance Program

Tuition Reimbursement

Flight Benefits

Sick time

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Average salary estimate

$58500 / YEARLY (est.)
min
max
$50000K
$67000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Revenue Management Analyst, Allegiant

Are you passionate about numbers and the airline industry? Join Allegiant Air as a Revenue Management Analyst in beautiful Las Vegas, NV! In this exciting entry-level position, you’ll play a crucial role in maximizing revenue for our scheduled service flights. Your focus could be on air pricing projects, ancillary pricing analysis, or even enhancing our revenue models. Regardless of your emphasis, you’ll also dive into the core function of pricing and yield management. We welcome candidates with a Bachelor’s Degree in economics, mathematics, finance, or any quantitative field, along with proficiency in Microsoft Excel and a keen eye for detail. If you have a flair for problem-solving and a team-oriented mindset, you’ll thrive here! We value diverse backgrounds and encourage candidates with interests in the airline or transportation industry to apply. Your day-to-day will involve managing aircraft seat inventory, analyzing market behavior, and generating insightful reports for revenue maximization. Not only will you work with dynamic teams, but you’ll also benefit from various perks, including profit sharing, health insurance, and flight benefits! Ready to take off on a rewarding career path with Allegiant Air? We’d love to hear from you!

Frequently Asked Questions (FAQs) for Revenue Management Analyst Role at Allegiant
What are the responsibilities of a Revenue Management Analyst at Allegiant Air?

As a Revenue Management Analyst at Allegiant Air, your primary responsibilities include managing aircraft seat inventory using demand models and forecasts, evaluating air-related ancillary revenue sources, and producing various analyses and reports to drive profitability. You will also have the opportunity to participate in ad-hoc projects aimed at enhancing the airline’s strategic goals.

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What qualifications do I need to apply for the Revenue Management Analyst position at Allegiant Air?

To apply for the Revenue Management Analyst position at Allegiant Air, you should hold a Bachelor’s Degree in economics, mathematics, finance, or a related quantitative discipline. Proficiency in Microsoft Excel is essential, along with strong problem-solving and organizational skills. Interest or experience in the airline industry is a plus.

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Are there opportunities for career growth for Revenue Management Analysts at Allegiant Air?

Absolutely! As a Revenue Management Analyst at Allegiant Air, you will gain valuable experience and skills that can lead to various career advancement opportunities within the airline industry. Your performance, combined with continued learning and development, can pave the way for higher-level positions in revenue management or related fields.

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What tools and technologies do Revenue Management Analysts use at Allegiant Air?

Revenue Management Analysts at Allegiant Air utilize a variety of tools, including Microsoft Excel for data analysis and reporting. Familiarity with programming languages like SQL, Python, and Visual Basic can enhance your capabilities in creating models and analyzing large datasets, which are essential for driving revenue optimization.

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What is the work environment like for a Revenue Management Analyst at Allegiant Air?

The work environment for a Revenue Management Analyst at Allegiant Air is dynamic and collaborative. You'll be part of a team that values organization and positive attitudes and may work in an office setting with some physical demands. While working conditions vary, the focus is on fostering a supportive atmosphere that mitigates stress and encourages creativity.

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Common Interview Questions for Revenue Management Analyst
What experience do you have in revenue management or pricing analysis?

When answering this question, focus on relevant internships, coursework, or projects that involve pricing strategies or revenue analysis. Share specific examples where you've employed analytical skills and how those experiences can be applied to the Revenue Management Analyst role at Allegiant Air.

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How would you manage aircraft seat inventory effectively?

In response, outline your understanding of demand forecasting and how you would apply it to manage inventory. Discuss using data analysis to track customer trends and adjust pricing dynamically to optimize revenue, showcasing your analytical approach.

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Can you describe your experience with Microsoft Excel or data analysis tools?

Highlight your proficiency in Excel, including any advanced features like pivot tables or macros that you’re familiar with. Discuss any experience with other data analysis tools and how you’ve utilized them in previous roles or projects to draw insights and support decision-making.

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What role does supply and demand play in pricing strategies?

Clearly explain how supply and demand principles affect pricing. Discuss techniques such as dynamic pricing and how understanding market behavior can drive effective revenue management strategies at Allegiant Air.

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How do you approach problem-solving in your work?

Provide an example that illustrates your problem-solving methodology. Discuss how you identify problems, analyze data to understand the root causes, and develop structured, actionable plans to implement solutions, emphasizing your structured thinking skills.

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Why are you interested in working for Allegiant Air?

Share your passion for the airline industry and any personal connections you have to Allegiant Air. Highlight the company’s values, culture, or its growth initiatives that resonate with you, making your enthusiasm for the role evident.

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Describe a time when you worked as part of a team to achieve a goal.

Use the STAR method to convey a clear story about a team project, emphasizing collaboration, your contributions, and the successful outcome. This will underscore your team approach and positive attitude, which are important to Allegiant Air.

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How do you prioritize multiple tasks with tight deadlines?

Discuss your time-management strategies, such as using to-do lists, setting deadlines, and breaking larger tasks into manageable parts. Provide examples of how you successfully managed competing priorities in previous roles or academic projects.

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What methods do you use for data-driven decision making?

Explain your steps in gathering data, analyzing trends, and how you use analytical tools to inform business decisions. Highlight any specific frameworks or methodologies you follow to ensure that your decisions are backed by solid data.

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What do you think are the key metrics for assessing revenue performance?

Identify key performance indicators (KPIs) relevant to revenue management, such as load factor, revenue per available seat mile (RASM), and ancillary revenue per passenger. Discuss why these metrics are important and how you would use them to assess performance effectively.

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Full-time, on-site
DATE POSTED
December 17, 2024

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