At a Glance
- Tasks: Manage train revenue using data analysis and collaborate on growth initiatives.
- Company: Join Southeastern, one of Britain's busiest train operators with a supportive culture.
- Benefits: Enjoy a final salary pension, 25 days leave, and free rail travel.
- Why this job: Make a real difference in people's journeys while advancing your career.
- Qualifications: Experience in revenue management and strong analytical skills required.
- Other info: Dynamic hybrid working environment with opportunities for personal growth.
The predicted salary is between 40000 - 50000 £ per year.
Are you looking for a career where you can make a real difference in people's day? We are seeking a Yield Manager to join our team based from our Head Office in London Bridge (hybrid working). In this role, you will use Southeastern's Revenue Management System (RMS) to manage inventory and drive revenue-optimal results. Using data analysis, you will work with multiple data sources to inform decision making. Collaborating with colleagues and departments across the business, you will deliver on revenue-growth initiatives and promote awareness of revenue management techniques, working with the pricing team to identify fare structure limitations and remedies.
What you'll do:
- Use the RMS to manage a portfolio of trains in terms of revenue and loadings.
- Implement and manage business rules within the RMS to optimise revenue across trains.
- Conduct analysis of various data sources to identify emerging trends and opportunities to optimise revenue, loadings and yield.
- Create interactive reports and dashboards to present KPIs that will track performance and support data-driven decision making, using tools such as PowerBI and Tableau.
- Assist the Commercial department with identifying opportunities for revenue growth and work together to bring those opportunities to fruition, e.g. working with the Marketing team to determine markets that could benefit from promotional activity.
- Optimise our business at a route and market level, studying booking profiles, price sensitivities and competition to increase revenue.
- Review passenger count data in addition to feedback on crowding across the business and implement actions as necessary using the RMS.
- Provide Revenue Management recommendations and strategies for special events, considering demand, capacity, and other relevant factors.
- Work with suppliers to provide feedback and support.
The experience you'll need:
- Previous revenue management experience in a commercially focused environment.
- Strong capability or relevant degree in economics, mathematics, statistics, operational research.
- Knowledge in inventory revenue management systems or business intelligence tools such as Power BI or Tableau.
- Highly numerate and IT systems literate.
- Able to influence strategic revenue impacting decisions.
As proud members of the Armed Forces Covenant and Disability Confident Scheme, we will offer you an interview if you apply under these schemes and meet the minimum criteria for the role.
Other things to know:
- This vacancy may close early if we receive a large number of applications. So, make sure you get yours in early.
- All offers of employment are subject to satisfactory references, a right to work verification, a basic criminal record check, and a pre-employment medical assessment. Work visa sponsorship isn't available for this role.
- If you applied but weren't successful in getting a similar role at Southeastern, please wait six months before applying again.
What you'll get in return:
- A final salary pension.
- 25 days annual leave allowance (plus bank holidays).
- Free rail travel across our networks.
A bit about Southeastern: We're one of Britain's busiest train operators, serving London, Kent and parts of East Sussex. We run over 1,700 trains a day, carrying more than 500,000 passengers and serving 180 stations. However, working on our railway is more than getting passengers from A to B. It's about all the little moments that make a difference to their journey. It's also about making our railway a great place to work, with a team that represents the communities we serve. This is a journey we're fully committed to and we're proud to have been named a Great Place to Work at the 2023 National Rail Awards and endorsed as a WORK180 Employer for Women.
Our ways of working are what we expect of everyone at Southeastern. They are powerful. Tiny moments, every day, from every one of us, add up to massive, positive change. Improving how it feels to work here and how it feels to travel with us. At the heart of everything we do, our Safeguarding Team works to keep our customers, colleagues, and the public safe by improving safeguarding measures and knowledge, making sure everyone gets home safe, every day.
Yield Manager employer: SE Trains Ltd
Contact Detail:
SE Trains Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Yield Manager
✨Tip Number 1
Network like a pro! Reach out to current employees at Southeastern on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your application noticed.
✨Tip Number 2
Prepare for the interview by brushing up on your data analysis skills. Be ready to discuss how you've used tools like Power BI or Tableau in past roles. Show us you can turn numbers into actionable insights!
✨Tip Number 3
Don’t just focus on your experience; highlight your passion for revenue management. Share examples of how you've driven revenue growth in previous roles. We want to see that you’re not just qualified, but genuinely excited about the role!
✨Tip Number 4
Apply through our website for the best chance! It shows you're serious about joining our team. Plus, keep an eye on our recruitment process page for tips and updates to help you stand out.
We think you need these skills to ace Yield Manager
Some tips for your application 🫡
Show Your Numbers: When applying for the Yield Manager role, make sure to highlight your experience with data analysis and revenue management. We love seeing how you've used numbers to drive results, so don’t hold back on showcasing your achievements!
Tailor Your Application: Take a moment to customise your application for this specific role. Mention how your skills align with the responsibilities listed in the job description. We want to see that you understand what we’re looking for and how you can contribute to our team.
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon unless it’s relevant. We appreciate a well-structured application that makes it easy for us to see your qualifications at a glance.
Apply Early!: Don’t wait until the last minute to submit your application. This vacancy might close early if we get a lot of interest, so get your application in as soon as you can. We can’t wait to hear from you!
How to prepare for a job interview at SE Trains Ltd
✨Know Your Numbers
As a Yield Manager, you'll be dealing with data analysis and revenue optimisation. Brush up on your numerical skills and be ready to discuss how you've used data in previous roles to drive results. Prepare specific examples of how you’ve identified trends or opportunities in data.
✨Familiarise Yourself with RMS
Since you'll be using Southeastern's Revenue Management System, it’s crucial to understand its functionalities. If you have experience with similar systems, be prepared to explain how you’ve implemented business rules or optimised revenue in the past. If not, do some research on RMS to show your enthusiasm.
✨Collaborate and Communicate
This role involves working with various departments, so highlight your teamwork skills. Think of examples where you’ve successfully collaborated with others to achieve a common goal, especially in revenue growth initiatives. Be ready to discuss how you can influence strategic decisions across teams.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Prepare for scenarios where you might need to optimise revenue based on passenger data or market conditions. Practise articulating your thought process clearly, as this will demonstrate your analytical skills and strategic thinking.