Product Portfolio Manager
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Job Location:
Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Wizz Air is a leading European low-cost airline. Our mission is to provide affordable and reliable air travel to everyone everywhere while minimizing our environmental impact. We are proud to foster a diverse and inclusive team of over 8000 employees from more than 110 nationalities who share our values of inclusivity positivity dedication integrity and sustainability.
As a rapidly expanding airline we offer exciting career opportunities across a range of functions from flight operations to engineering customer experience finance and more. We provide extensive training and development opportunities to help our employees grow and succeed in their roles. Joining Wizz Air means joining a team that is passionate about aviation dedicated to excellence and committed to making air travel accessible and sustainable for all. If you are looking for a challenging and rewarding career in the aviation industry we welcome you to explore our job opportunities and become a part of our success story.
Product Portfolio Manager
Based inBudapest
Purpose of the role
The Ancillary Revenue Product Portfolio Manager will play a key role in defining the strategy optimization and management of the ancillary (non-ticket) portfolio consisting of multiple core partner and value-added products. She/he will be responsible for generating incremental ancillary revenue which is a significant and growing source of income for Wizz Air.
Responsibilities
- Managing the portfolio of ancillary streams such as products and services offered by Wizz Air and its partners.
- Analyzing and rigorously understanding each product definition complexity and touchpoint performance with the goal of defining and implementing actions for continuous performance improvement.
- Implementation and impact measurement of digital optimizations on all channels in cooperation with the Digital Development Team.
- Definition value estimation and prioritization of the digital development backlog in cooperation with the Digital Revenue Product Manager.
- Exploring business and consumer behavior trends analyzing profitability and building recommendations for senior management.
- Managing implementation of internal projects for existing ancillary revenue enhancements of Wizz Air products and partners (e.g. improvements of sales coverage better conversion enhancement in collection rates and increase in unit revenue).
- Daily performance monitoring of each product in the portfolio ensuring performance meets or exceeds budget expectations.
- Monthly benchmarking of competitor ancillary service offers and fee levels.
- Taking responsibility and managing key partnership accounts:
- Managing tenders partner selection and contracting.
- Maintaining relationships with partner account managers.
- Monitoring financial performance.
- Supervising invoicing/payables/receivables.
- Continuously identifying improvement opportunities for each partnership.
- Working with the team to constantly improve sales conversion rates and drive ancillary unit revenue improvement.
- Managing the full product development process from concept definition to business case preparation and project management of implementation.
- Identifying new partner ancillary revenue opportunities defining business cases negotiating commercial terms and managing cross-functional implementation of the identified partners.
- Collaborating with the Marketing Team on product marketing and the Operations Team on cost-saving opportunities.
- Defining and improving cross-functional processes to maximize ancillary revenue and customer convenience.
- Identifying new industry trends and technological innovations with the aim of potentially integrating them into the business.
- Participating and representing the Ancillary Revenue Team in cross-functional projects as delegated.
Experience
3-5 years overall working experience with 2 years experience in a multinational environment preferably in a creative business development role or aviation
Hard skills
- E-commerce and digital development understanding
- Strong interpersonal and persuasion skills; ability to negotiate
- Solid project management skills
- Business and product development mindset
- Strong sense of business ownership and accountability for own portfolio
- Solid analytical numerical and problem-solving skills
- Strong presentation skills
- Advanced level of Excel and PowerPoint
Education
Bachelors or Masters degree preferably in Digital Economics or Marketing
Language
Fluent English (both spoken and written)
Skills and competencies
- Dedication positivity integrity and inclusivity
- Drive to learn and improve professionally
When applying please only provide valid information regarding your educational background and certificates as the original documents will be requested during the hiring process.
We look forward to meeting you and learning more about your skills and experience. Join the Wizz Air team and discover the world of opportunities.
Required Experience:
Manager
Key Skills
- Project / Program Management
- Project Portfolio Management
- Portfolio Management
- Credit Analysis
- Banking
- Pricing
- Analysis Skills
- Project Management
- Financial Analysis
- Budgeting
- Property Management
- Contracts
About Company
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