A Day in the Life:
The Revenue Management Analyst is responsible for managing car rental pricing and availability for Hertz Global Holdings. This individual will generate strategies/reports/analysis to monitor, control, and improve revenue management policies and profitability. In conjunction with inter- departmental stakeholders, this individual will assist in the analysis and evaluation of Revenue Management practices. They will also help manage and create new process and systems transitions.
What You'll Do:
- Implement strategic revenue plan, leveraging analytics, to support profit contribution improvement and revenue share growth targets in key segments and markets of responsibility
- Implement mix optimization plan 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
- Identify and examine market, geographic regions, competitor landscape, and overall business trends in relation to revenue management
- 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
- Manage all administrative tasks related to revenue management across the North American Division
- Develop strong working relationships with corporate and field personnel and address field queries
What We're Looking For:
- Bachelor's Degree in a business related or analytical discipline, required
- Prior business experience required, including internships or part-time roles; experience in pricing, yield management, quantitative marketing, and/or the rental car or travel industry is preferred
- Solid understanding of economic concepts, pricing strategies, and yield management principles, with strong analytical and problem-solving capabilities
- Proficiency in Microsoft Office applications, particularly Excel, with the ability to analyze data and support business decision-making
- Excellent written, verbal, presentation, interpersonal, and collaboration skills, with the ability to communicate effectively across diverse audiences
- Adaptable and self-motivated professional who thrives in a fast-paced, rapidly evolving environment and can effectively manage changing priorities
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Revenue Management Analyst
Hertz
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