Manager - PRM Development & Decision Science

Full-time - Mid Level

Denver, CO

5,001-10,000 employees

Air Transportation

About the position

The Manager, Pricing & Revenue Management Development and Decision Science supports the strategy, configuration, alignment and continuous improvement of the systems and optimization models driving Frontier's revenue production across ticket and ancillary sources, and reports to the Director, Pricing & Revenue Management Development and Decision Science. The Manager is responsible for enabling the front-line pricing and revenue management teams' success by ensuring robust automation support in setting effective pricing and inventory strategies, by identifying opportunities to strengthen Frontier's total revenue optimization across ticket and ancillary streams, and by maintaining a competitive advantage in the revenue management systems and decision support tools employed by Frontier.

Responsibilities

• Develop and deploy strategy for pricing and revenue management systems, including strengthened integration across ticket and ancillary revenue streams and effective alignment with key distribution channels
• Lead continuous improvement processes for revenue management systems, including ongoing model training/re-training and validation, A/B testing of potential system enhancements, and overall configuration and optimization
• Serve as subject matter expert for revenue management algorithms; enhance the broader team's understanding of core revenue management principles and mathematical models
• Drive optimal revenue performance by employing data science to strengthen pricing and inventory strategies; evolve systems strategy and configuration as necessary in response to changes in the competitive and demand environment
• Collaborate with frontline pricing & revenue management leadership to prioritize and deliver against system-driven revenue improvement initiatives
• Collaborate with technology leadership to craft the development roadmap as related to pricing & revenue management tools, systems and automation
• Lead and develop a nimble, competitive, high-performing, and innovative team

Requirements

• Bachelor's degree in Economics, Statistics, Mathematics, Finance, Operations Research, Computer Science, Aviation Management or related field; advanced quantitative degree preferred
• Minimum 5 years of experience in pricing, revenue management, operations research, and/or data analytics, with airline or similar industry experience in revenue management optimization systems preferred but not required
• Prior experience leading teams preferred

Nice-to-haves

• Demonstrated understanding of economics, airline commercial metrics, pricing & revenue management principles, and distribution platforms
• Advanced understanding of current and emerging revenue management systems including forecasting algorithms, optimization models, and machine learning/artificial intelligence integration and evolution
• Advanced analytical and quantitative skills; experience with machine learning models, SQL, Python, JSON and visualization tools such as Power BI or Tableau preferred
• Ability to build alignment and deliver results across various high-performing revenue generation teams, technology, and third-party business partners
• Ability to structure data-driven analytical approaches across a range of quantitative techniques to solve business problems in an efficient, timely manner
• Ability to independently prioritize analyses for self and teams in a fast-paced, dynamic environment; strong interpersonal skills
• Exemplary written and verbal communication and presentation skills
• Strong work ethic; delivers results in ambiguous, time-pressured situations
• Sound judgment and ability to maintain composure under pressure

Benefits

• Flight benefits for you and your family to fly on Frontier Airlines
• Buddy passes for your friends so they can experience what makes us so great
• Discounts throughout the travel industry on hotels, car rentals, cruises and vacation packages
• Discounts on cell phone plans, movie tickets, restaurants, luggage and over 2,000 other vendors
• Enjoy a 'Dress for your Day' business casual environment
• Flexible work schedules that support work/life balance
• Total Rewards program including a competitive base salary, short term incentives, long-term incentives, paid holidays, 401(k) plan, vacation/sick time and medical/dental/vision insurance that begins the 1st of the month following your hire date
• The HOPE League, Frontier Airlines' non-profit organization, is dedicated to providing employees financial assistance during catastrophic hardship