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For Companies At a Glance
- Tasks: Analyse market data to optimise pricing strategies and drive revenue growth.
- Company: Join IAG Cargo, a leader in global airfreight logistics.
- Benefits: Enjoy hybrid work, travel perks, and wellness support.
- Why this job: Make a real impact in a dynamic industry while developing your analytical skills.
- Qualifications: Strong analytical skills and a team-oriented mindset are essential.
- Other info: Be part of a diverse team committed to equity and inclusion.
The predicted salary is between 40000 - 50000 £ per year.
Looking for a challenge in one of the world’s largest airfreight logistics organisations? At IAG Cargo we are in the business of moving things. From antibiotics to rhinoceros, gold bullion to avocados and everything in between. Whatever people need, wherever they are. In an era of digital screens and closed borders, we open the skies and fly the world to bring people the things they really need.
About The Role
A Commercial Pricing Analyst will be accountable for ensuring the maximisation of IAG Cargo’s revenue by optimising the contribution generated from one of our global Sales Regions, ranging from the British Airways Hub of UK&I to Latin America or Asia Pacific. The role holder will determine and implement pricing and market strategies to deliver commercial targets, including revenue, yield, and Load Factor.
What You’ll Do
- Regular and ad-hoc analysis to drive key decision-making activity in Revenue Management at IAG Cargo.
- Define and deliver market Pricing Strategies to ensure optimal prices are being offered based on historical and market information.
- Take ownership of pricing levels for key rate types – Spot, Market, CPA pricing, Preferential and Promo.
- Manage last minute pricing activity focusing on short term pricing inside 72 hours of departure.
- Closely monitor competitor activity and market share sources and ensure rapid response to changes in the competitive landscape.
- Take ownership of delivering local RFPs for the region.
- Collaborate effectively with commercial functions to identify and drive new initiatives.
- Ensure strong utilisation of both capacity and pricing agreements.
- Actively engage with the continuous improvement agenda across the department.
- Being the key interface between Revenue Management and Sales for a particular region.
It’s All About You
- Analytical thinking – ability to conduct robust analysis to drive Revenue Management decisions.
- Self-starter – able to work on own initiative, make decisions and follow through with implementation.
- Logical mindset – ability to consider trade-offs to meet high level financial plan targets and understand the impact on individual results.
- Effective communicator – express complex data clearly, both verbally and written.
- Team player – ability to build and maintain strong relationships.
Essential Experience
- Evidence of ability to make decisions and judgements based on detailed analysis.
- A strong team player with the energy and drive to achieve the team’s objectives.
Desirable Experience
- Experience working in Revenue Management.
- Experience of working with other group departments, for example Sales.
- History of driving change identified from analysis and decisions.
We’ll treat you right. Wherever you work within IAG Cargo, you’ll play a part in helping us deliver what the world needs and join a diverse and inclusive business that’s making a difference. As well as a competitive salary, bonus, we offer a range of benefits to support our colleagues, which include:
- A hybrid environment with 3 days a week in the office and two from home.
- From the day you join us, you’ll get access to brilliant staff travel benefits including unlimited basic and premium standby tickets on British Airways and group airlines.
- You’ll also receive up to 30 discounted ‘Hotline’ airfares per year for yourself, friends, and family.
- Flexible bank holiday policy – individuals not on shift have the flexibility to swap the statutory public holidays, with the days you choose to take off instead.
- All our colleagues get access to LinkedIn learning and Rosetta Stone Language courses.
- For health and wellbeing we offer a free onsite gym facility as well as access to the UNMIND app and a community of Mental Health First Aiders.
- Access to discounts on Apple, cinema tickets and loads of other goodies through Perks at work.
Equity, Diversity and Inclusion
Our recruitment procedures positively support our equity, diversity, and inclusion agenda. All candidates are considered strictly on their merits in relation to the criteria for the role, treated fairly and consistently and have their individual needs responded to throughout the process.
Market Pricing Analyst employer: IAG Cargo
Contact Detail:
IAG Cargo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at IAG Cargo. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by diving deep into market trends and pricing strategies. Show us you know your stuff and can think on your feet!
✨Tip Number 3
Practice your analytical skills with real-world scenarios. We love candidates who can demonstrate their thought process and decision-making abilities.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows us you're serious about joining the team.
We think you need these skills to ace Market Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Market Pricing Analyst role. Highlight your analytical skills and any relevant experience in revenue management. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills: Since this role is all about analysis, be sure to include examples of how you've used data to drive decisions in the past. We’re looking for evidence of your ability to make informed choices based on detailed analysis.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, it shows you’re keen on joining our team at IAG Cargo!
How to prepare for a job interview at IAG Cargo
✨Know Your Numbers
As a Market Pricing Analyst, you'll be dealing with a lot of data. Brush up on your analytical skills and be prepared to discuss how you've used data to drive decisions in the past. Bring examples of your analysis that led to successful pricing strategies.
✨Understand the Market Landscape
Familiarise yourself with IAG Cargo's competitors and the current market trends in airfreight logistics. Be ready to discuss how you would respond to changes in the competitive landscape and what strategies you would implement to optimise pricing.
✨Showcase Your Communication Skills
Effective communication is key in this role. Practice explaining complex data clearly and concisely. You might be asked to present your findings or strategies, so think about how you can convey your ideas in a way that’s easy to understand.
✨Demonstrate Team Spirit
IAG Cargo values collaboration, so be prepared to share examples of how you've worked effectively within a team. Highlight any initiatives you've driven that required teamwork and how you contributed to achieving collective goals.