Opening For Associate Director - Pricing Product Management

Title:

Location:

Type: Hybrid

Who We Are:

Fareportal Highlights:

• Fareportal is the number 1 privately held online travel company in flight volume
• Fareportal partners with over 600 airlines, 1 million lodgings, and hundreds of car rental companies worldwide
• 2019 annual sales exceeded $5 billion
• Fareportal sees over 150 million unique visitors annually to our desktop and mobile sites
• Fareportal, with its global workforce of over 2,600 employees, is strategically positioned with 9 offices in 6 countries and headquartered in New York City

Role Overview:

The mission of the Pricing team is to work closely with leads across different functions to define our pricing strategy and deliver a flexible and scalable pricing engine which can support our suite of product offerings to help millions of customers to book their perfect travel. The primary focus is to analyze day to day business, understand customer behavior, look for opportunities to increase conversion, maximize revenue, and increase competitiveness. Previous experience in the travel industry with revenue management is a big plus, experience creating enterprise-level highly scalable platforms is key.

As a leader in this team, youll develop a deep understanding of what our customers need on the platform to be successful, and balance that value with the growth of the business.

Key Responsibilities:

• Developing and implementing pricing strategies aligned with corporate goals and policies.
• Lead the development of product roadmaps, including clear communication of objectives and deliverables to relevant stakeholders.
• Manage projects related to new products or services, ensuring that user stories are effectively written and integrated into project timelines.
• Work closely with other departments such as digital, marketing, engineering, and operations to ensure alignment of pricing strategies across the organization.
• Develop and implement comprehensive pricing strategies that contribute to corporate goals and comply with company policies.
• Monitor and report on current pricing performance against set targets, analyzing competitiveness in market terms.
• Assist in creating promotional campaigns, and conducting pricing optimization and cost benefit analysis.
• Conduct detailed analyses of potential sales and revenue impacts from proposed changes to pricing policies, providing recommendations based on findings.
• Stay informed about market trends, competitive landscapes, and regulatory changes to inform strategic adjustments to pricing policies and practices.
• Adhere to best practices in the field of product management, continuously updating knowledge and skills through professional development.
• Own pricing as a product.

Qualifications:

• 8+ years of product experience in travel, tourism, or e-commerce industries is preferred.
• A seasoned Product Manager with proven leadership capabilities, ideally having, experience within pricing, travel, or e-commerce industries is preferred.
• A bachelors degree in at least one science, technology, engineering, or mathematics field.
• Possessing a robust aptitude for analysis, demonstrated through the capacity to dissect complex business situations into their fundamental components.
• Ability to think strategically while also being detail-oriented, capable of handling multiple tasks efficiently and adapting quickly to changes in business environments.
• Excellent communication, negotiation, and leadership abilities to effectively lead cross-functional teams and influence stakeholders.
• Demonstrated expertise in analytics, utilizing a suite of data analysis tools including Excel, SQL, and advanced statistical programming languages such as R or Python to model complex business scenarios.
• A solid grasp of statistics and hypothesis testing.

Disclaimer

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Fareportal reserves the right to change the job duties, responsibilities, expectations, or requirements posted here at any time at the Company’s sole discretion, with or without notice.