Revenue Management Analyst

Avis Budget Group•Parsippany-Troy Hills, NJ
•$60,000 - $75,000•Onsite

About The Position

The Revenue Management Analyst drives pricing decisions and executes price strategies to maximize profitability for assigned rental locations. The analyst develops and implements pricing processes and strategies, monitors results, and applies pricing strategies and rates in the company’s robotic optimization system. This role uses market information, fleet levels, business trends, and data analytics to guide pricing decisions and forecast rental demand. It offers preparation for advancement within and beyond the Revenue Management department. The position is based full-time in-office at Avis Budget Group’s World Headquarters in Parsippany, New Jersey. The annual starting salary range is $60,000–$75,000, with starting pay affected by factors including geography, skills, education, experience, and other qualifications.

Requirements

  • Bachelor’s degree in Business, Economics, Business Analytics, Math, Statistics, or a related field.
  • Entry-level to 2 years of experience.
  • Strong proficiency in Microsoft Excel.
  • Strong problem-solving and analytical skills, with resourcefulness and creative solutions.
  • Ability to prioritize workload, self-manage projects, handle multiple tasks, and meet strict deadlines.
  • Excellent communication and interpersonal skills, including the ability to collaborate with cross-functional teams.
  • Ability to work full-time in-office at World Headquarters in Parsippany, New Jersey.

Nice To Haves

  • Previous internship or work experience in a related field.
  • Experience with SQL and data visualization tools such as Tableau or Power BI.

Responsibilities

  • Ensure pricing strategies and rates are correctly applied in the robotic optimization system, keeping pricing competitive based on market pricing, fleet levels, and data analytics.
  • Examine markets, geographic regions, competitor pricing, and business trends relevant to pricing.
  • Use data analytics to support informed business decisions.
  • Work with internal business stakeholders at multiple management levels to ensure strategies align with company goals and reflect current trends.
  • Produce and distribute monthly location performance and benchmark reports, and prepare ad hoc requests and analyses.
  • Forecast rental demand and overall booking trends for assigned locations.
  • Identify and test targeted promotions that align with the organization’s pricing strategies.

Benefits

  • Paid time off.
  • Relocation eligibility.
  • 401(k) retirement plan with company-matched contributions.
  • Medical, dental, vision, life, and disability insurance.
  • Voluntary benefits, including group legal coverage, identity theft insurance, flexible spending account, and additional life insurance coverages.
  • Up to $260 as a tax-free benefit for public transportation or parking expenses.
  • Employee discounts, including discounted prices on Avis and Budget car purchases.
  • Employee Assistance Program services, including counseling, financial and legal consultation, and referrals for care services.
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