Yield Analyst

Yield Analyst

Ryanair is currently recruiting for a Yield Analyst to join our Yield Department. This position will be based at Ryanair’s Head Office in Airside Business Park in Swords.

Using their excellent analytical skills, the successful candidate will be responsible for managing and analysing a portfolio of routes to deliver on load factor targets whilst maximising revenue performance on these routes.

This successful candidate will be responsible for a number of routes from a particular market in Europe. This will require the person to have an in-depth knowledge of their market / route’s spending patterns and to have the ability to adjust the routes accordingly to meet the load factor targets. The ideal candidate will have a clear understanding of the relationship between price and volume and supply and demand.

Description

Ryanair is currently recruiting for a Yield Analyst to join Europe’s Largest Airline Group.

This is an excellent time to join as we look to grown to Ryanair as we look to grow to over 800 aircraft and 300m guests per year within the next 10 years.

Based in Dublin and using their excellent analytical skills, the successful candidate will be responsible for managing and analysing a portfolio of routes to deliver on load factor targets whilst maximising revenue performance on these routes. They will be responsible for a number of routes from a particular market in Europe. This will require the person to have an in-depth knowledge of their market / route’s booking and spending patterns and to have the ability to adjust the routes accordingly to meet their targets. The ideal candidate will have a clear understanding of the relationship between price and volume and supply and demand.

The main responsibilities include:

- Achieving target load factors across a portfolio of routes.
- Achieving and surpassing revenue targets.
- Propose proactive pricing and yield management strategies.
- Develop a detailed booking profile by market to ensure an optimal booking build in order to maximise yield.
- Conduct detailed market reviews, identifying potential threats and opportunities.
- Understand the underlying factors which influence performance.
- Analyse the competitive landscape to ensure that Ryanair offer the most competitive fares.
- Provide feedback on capacity and schedules in key markets.
- Analyse historical data on traffic and revenue to establish parameters for future fare and availability levels.
- Liaise with other key functions within the commercial department including scheduling, sales and marketing and new route development in order to help deliver company objectives.

Requirements

- Possess a third level qualification in mathematics, finance, economics or a similar analytical background.
- Have a clear understanding of the relationship between price and volume and supply and demand.
- Have strong numeric and analytical skills and the ability to deliver clear written reports evaluating performance.
- Excellent communication skills in English.
- Very strong knowledge of Excel and ideally SQL, with ability to translate analysis into actions
- Hands-on attitude and should be able to decide and react under pressure
- Be a self-starter with the ability to work on their own initiative in developing appropriate strategies to achieve company goals.
- Experience and strengths in modelling and analysis a plus.

Benefits

- Competitive salary
- Discounted and unlimited travel to over 250 destinations
- Defined Contribution Pension Scheme – Matched up to 5% or €5,000
- Death in Service Benefit – Up to 2 times of annual basic salary
- 20 Days Annual Leave – Increasing to 22 days after 12 months and 25 days after 3 years of continuous service.
- Option for up to 5 additional unpaid leave days per year
- Cycle 2 Work Scheme
- Unrivalled career progression

Competencies

Organisational Savvy
Problem Solving/Analysis
Strategic Thinking/Management

The main responsibilities include:

- Achieving target load factors across a portfolio of routes
- Achieving and surpassing revenue targets.
- Conduct detailed market reviews, identifying potential threats and opportunities
- Propose proactive pricing and yield management strategies
- Understand the underlying factors which influence performance
- Analyse the competitive landscape to ensure that Ryanair offer the most competitive fares and have appropriate capacity and schedules in key markets.
- Monitor events/shifting holidays and potential impact on demand
- Develop a detailed booking profile by market to ensure an optimal booking build in order to maximise yield.
- Evaluate market data and generate detailed reports for Senior Management.
- Measure the impact of price changes on demand and revenue.
- Perform detailed analysis and reporting on the groups revenue performance.
- Analyse historical data on traffic and revenue to establish parameters for future fare and availability levels.
- Liaise with other key functions within the commercial department including scheduling, sales and marketing and new route development in order to help deliver company objectives.

REQUIREMENTS

- Possess a third level qualification in mathematics or a similar analytical background.
- Have a clear understanding of the relationship between price and volume and supply and demand.
- Have strong numeric and analytical skills and the ability to deliver clear written reports evaluating performance.
- Experience and strengths in modelling and analysis.
- Excellent communication skills in English.
- Very strong knowledge of Excel, with ability to translate analysis into actions
- Hands-on attitude and should be able to decide and react under pressure
- Be a self-starter with the ability to work on their own initiative in developing appropriate strategies to achieve company goals.