Job Purpose
You will be responsible for utilizing data to maximize revenue for Vueling’s diverse portfolio of ancillary products, while mitigating costs. In this role you will focus on developing and implementing next generation price optimization models and supporting analytics. You will work with members of the ancillary product, revenue management, data science, digital and distribution teams to continue executing on ancillary growth for the airline.
Main Accountabilities
Synthesizing disparate data to maximize the performance of á la carte and bundle products including :
* Analyzing pricing structures for products to ensure they are performing as expected and finding new opportunities
* Conduct thorough analysis of data to identify patterns, trends and insights
* Performing frequent analysis on the pricing elasticity of different routes and customer segments in Vueling’s network
* Utilize regression analysis, clustering, and classification techniques to understand and predict customer behavior and market dynamics
* Apply optimization techniques to determine the most effective pricing strategies based on factors such as capacity, historical data, experiment data and market conditions
* Investigating opportunities to integrate machine learning and real-time data integration into the ancillary pricing portfolio
* Adapt to changing market conditions, regulatory environments, and business strategies, adjusting pricing models accordingly
* Providing ongoing analytical reporting and distillation of key results for commercial team as well as leadership
Main Responsibilities - Tasks
* Improve revenue for ancillary products
* Work with revenue management, data engineers, data scientists, digital and distribution to improve product pricing strategy
* Perform exploratory data analysis to gain insight into customers’ purchase behavior
* Develop product and customer centric analytics utilizing cluster analysis, collaborative filtering, and randomized elasticity testing
* Work with members of the ancillary team to provide insights that drive further refinement of the ancillary product portfolio
* Support forecasting efforts for ancillary revenue and loyalty teams to drive total revenue
Main Relationships
Work with a variety of teams to ensure revenue optimization, including but not limited to :
* Ancillary product owners
* Revenue Management and Pricing
* Data Engineers and Data Scientists
* Digital
* Distribution
Education
* Undergraduate degree in statistics, mathematics, finance, economics, operations research, computer science, or some combination of the above
* Experience with machine learning models, SQL, Python, JSON and data visualization tools such as Tableau or Power BI
* Ideally, exposure to technologies such as Amazon Redshift and Navitaire PSS
Experience
* Ideally commercial airline industry experience
* Demonstrated understanding of economics and airline (or related) commercial metrics
* Demonstrated ability to approach business challenges with a problem-solving mindset, leveraging data-driven insights.
* Experience in exploratory data analysis (EDA) to identify trends, patterns, and outliers in pricing data.
* Familiarity with machine learning techniques, especially regression analysis, clustering, and classification algorithms
Competencies
* Good communication and problem-solving skills
* Flexibility and ability to work under pressure
* Good organizational and multitasking skills
* Ability to work in team and independently
Languages
* English C1
* Spanish
Location
Barcelona, Viladecans-Spain
We are the only Top Employer airline in Europe
For the second year running, Vueling is the only European airline and the only low-cost airline in the world to obtain this certification. The Top Employers Institute programme certifies organisations based on the participation and results of their HR Best Practices Survey. This survey covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity, Equity & Inclusion, Wellbeing and more.
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Our Culture
We thrive on teamwork and collaboration. Joining our team means being part of a cohesive unit that works together, shares knowledge, and supports each other.
Our positive working atmosphere is unique and essential to our productivity and growth. You'll be surrounded by diverse and dynamic professionals. We are passionate about what we do : Connecting People and Places! Learn more about our Mission, Vision, & Values.
Our Recruitment Process
Your experience as a candidate is critical for us. We firmly believe that understanding our process will alleviate anxiety and ignite your passion for this extraordinary experience! Please take a closer look at how our process works.
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