JOB SUMMARY:

Formulate and apply advanced analytical approaches such as mathematical optimization, stochastic process models, econometric methods and decision analysis in the development of revenue management models for Admissions. Support and guide Pricing Team on the use of advanced model development methodologies.

MAJOR RESPONSIBILITIES:

• Formulate and apply advanced analytical approaches such as mathematical optimization, stochastic process models, econometric methods and decision analysis in the development of revenue management models for Admissions. Support and guide Pricing team on the use of advanced model development methodologies. Develop strategies that will drive optimal pricing decision making and lead to incremental operating cash flow.
• Establish key performance tracking metrics and monitor ongoing performance; validate and optimize revenue management system assumptions and setting on an ongoing basis. Test new products, adjust price and calculate demand sensitivity to make recommendations and implement changes to optimize profitability. Measure market response at the product and category levels.
• Provide weekly and annual pricing recommendations, collaborate with product owners to refine pricing decisions. Develop and maintain dashboards and reporting to further enhance visibility and transparency to the modeling and performance.
• Troubleshoot forecast and optimization anomalies with revenue management team using statistical and mathematical optimization models. Develop testing to explain and or reduce these anomalies.
• Understand and actively participate in Environmental, Health & Safety responsibilities by following established UDX policy, procedures, training, and team member involvement activities.
• Perform other duties as assigned.

EDUCATION:

• Master’s degree is required.
• PhD is preferred.
• MS/PhD degrees in Industrial Engineering, Operations Research, Management Science, Mathematics, Statistics or equivalent.

EXPERIENCE:

• 3+ years of experience in the field or in a related area preferred; or equivalent combination of education and experience.

ADDITIONAL INFORMATION:

• Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
• Consistent attendance is a job requirement.
• Strong critical thinking and problem-solving skills
• Ability to work through complex problems.
• Capable of communicating and expressing ideas clearly and concisely, in both written and oral formats.
• Strong interpersonal, technical and presentation skills required.

Your talent, skills and experience will be rewarded with a competitive compensation package.

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