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Pricing Strategist

3 weeks ago


Manama, Manama, Bahrain beBee Careers Full time

Job Description

We are seeking a highly skilled Pricing Strategist to join our team. As a key member of our pricing department, you will play a crucial role in developing and implementing pricing strategies that drive revenue growth and optimize yields.

Main Responsibilities:

  • Fare Management: Ensure that fares, conditions, and fuel surcharges are properly benchmarked against competitors' products, market share, schedule, etc.
  • Pricing Analysis: Monitor and analyze competitor fares, fare changes, and market conditions to make informed pricing decisions.
  • Tactical Pricing: Implement strategic and tactical pricing through various distribution channels, including public GDS, private GDS, web, and sanction fares.
  • Collaboration: Work closely with sales field pricing officers/analysts, revenue management pricing, inventory control, special prorate agreement, codeshare, and fares distribution staff to set pricing and implement structural fare adjustments.
  • Data Analysis: Utilize air price tools to monitor, store, and analyze pricing data, as well as track utilization and recommend changes to all pricing contracts.
  • Reporting: Analyze and review fare restrictions to increase market segmentation, reduce no-show/cancellation rates, and promote early payment/issuance of tickets.

Requirements

To be successful in this role, you will need:

  • A bachelor's degree in Operations Research, Mathematics, Computer Science, Statistics, or equivalent.
  • At least 5-7 years of airline experience within a numerate/analytics environment.
  • Strong analytical skills and knowledge of tariffs/ticketing.
  • Excellent communication and problem-solving skills.

What We Offer

We offer a competitive salary, comprehensive benefits package, and opportunities for professional growth and development.