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Revenue Management Specialist
2 months ago
The Revenue Management Analyst will play a crucial role in driving business growth and profitability for Hertz Global Holdings. This individual will be responsible for developing and implementing strategic revenue plans, leveraging analytics to monitor, control, and improve revenue management policies and profitability.
Key Responsibilities- Revenue Planning: Develop and implement strategic revenue plans to support profit contribution improvement and revenue share growth targets in key segments and markets.
- Mix Optimization: Implement mix optimization plans along key segmentation factors, including product, channel, and customer segments, to support Revenue Per Day (RPD), Revenue Per Vehicle/Unit (RPV/U), and market share improvement targets.
- Market Analysis: Identify and examine market, geographic regions, competitor landscape, and overall business trends in relation to revenue management.
- Automation and Quality Control: Develop subject matter expertise and become the key point of contact for the automation of revenue management execution, including the management of granular rate/decision rules that feed pricing automation, as well as having accountability over the quality control of such automated execution.
- Administrative Tasks: Manage all administrative tasks related to revenue management across the North American Division.
- Communication and Collaboration: Develop strong working relationships with corporate and field personnel and address field queries.
- Education: Bachelor's Degree in a business-related or analytical discipline, required.
- Experience: Prior business experience required, even if only internships or part-time positions during/post undergraduate education.
- Preferred Qualifications: Prior experience in a pricing, yield, and/or quantitative marketing environment, preferred; prior experience in the Rent-A-Car or travel industry, preferred.
- Skills: Solid understanding of economic concepts and pricing/yield management principles; proficient in Microsoft Office applications, particularly Excel; basic understanding of economic principles; strong communication, analytical, and problem-solving skills; excellent written and presentation communications; excellent interpersonal and collaborative skills; adaptability to working in a rapidly changing and evolving environment.
- Benefits: Up to 40% off the base rate of any standard Hertz rental; paid time off; medical, dental & vision plan options; retirement programs, including 401(k) employer matching; paid parental leave & adoption assistance; employee assistance program for employees & family; educational reimbursement & discounts; voluntary insurance programs - pet, legal/identity theft, critical illness; perks & discounts - theme park tickets, gym discounts & more.