United Airlines Associate Analyst - Pricing / Revenue Management (summer 2017) in Chicago, Illinois
Associate Analyst - Pricing / Revenue Management (summer 2017)
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Associate Analyst - Pricing / Revenue Management (May/Jun 2017 grads)
Equal Opportunity Employer – Minorities/Women/Veterans/Disabled/LGBT
Travel subject to service charges/restrictions. Bonuses awarded only under terms of United's policies.
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Pricing and Revenue Management Overview
At United, the Pricing and Revenue Management department optimizes revenue for the company’s industry-leading network. Pricing defines price points based on industry dynamics and customers’ willingness to pay, as well as assigns rules to the fares. Revenue Management forecasts demand for each fare product and overbooks the sale of seats to account for cancellations. Both Pricing and Revenue Management are essential to United’s efforts to maximize revenue on its network .
Associate Analysts are placed into either Pricing or Revenue Management depending on the organization’s needs, and are provided with training focused on industry dynamics, airline economics and Pricing / Revenue Management technical skills. A mentor is also assigned to each individual for personalized assistance and development.
Revenue Management Analysts are responsible for a geographic entity of markets and make decisions to improve fare mix, forecast demand, and set overbooking levels.
Pricing Analysts set fare levels, monitor distribution, and analyze the competitive landscape for their geographic entity.
In both Pricing and Revenue Management, Associate Analysts are the company’s resident experts who determine forward trends in bookings and revenue and frequently communicate these trends to leadership inside and outside the department. In addition, they assess market conditions and customer segments and regularly work together with other departments within the company like Network Planning, Sales, Marketing, and Operations to coordinate company strategy. Responsibilities include:
Analyze trends in ticket bookings, revenue and market dynamics
Assess demand patterns and competitive landscape, segment customers based on market conditions
Develop fare structure / demand forecast to optimize revenue
Plan seasonal strategy for upcoming holidays and peak travel periods
Communicate department strategy, working together with other stakeholders in the company
- Bachelor's degree required upon start
Track record of outstanding analytical and problem solving skills
Proven ability to prioritize a range of responsibilities
Strong verbal and written communication skills and the ability to work well with others
Ability to apply quantitative skills and business acumen to airline industry
Relevant work/intern experience and airline industry exposure is a plus, however not required
Position is based in Chicago, IL
Target start date is summer 2017
Must be legally authorized to work in the United States for any employer without sponsorship
Successful completion of interview required to meet job qualification
Reliable, punctual attendance is an essential function of the position
Job Revenue Management & Pricing / Network Planning
Primary Location United States-IL-WHQ - Chicago - Corporate Support Center - Willis Tower
Organization 10 Revenue Management
Req ID: WHQ00009372-JC