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Royal Caribbean Group

Cruise vacation company operating multiple brands

Senior Associate, Program Management

Full-TimeUpdated on 10/23/2026
No salary listed
Mid, Senior
Bachelor of Science (BS)
Miami, FL, USA
In PersonOffice-based; may visit shipboard, dry dock, newbuilding, or offsite locations.
Project & Program ManagementProgram Management

About the job

Requirements
  • A Bachelor of Science degree with a concentration in Business Administration, Management Information Systems, or a closely related discipline such as Management Science or Industrial Engineering is required; equivalent combinations of education and experience may be considered.
  • Three to six years of experience within a large corporation or consulting firm, including three to four years in an office administration environment, is required.
  • Solid written and verbal communication skills and the ability to communicate clearly and precisely at all organizational levels are required.
  • Interpersonal skills and the ability to communicate in a multicultural environment with employees and management at all levels are required.
  • Administrative, organizational, and presentation skills are required.
  • The ability to multitask in a fast-paced environment is required.
  • The ability to define problems, collect data, establish facts, draw valid conclusions, and find pragmatic solutions is required.
  • Knowledge of or experience with process improvement methods and techniques is required.
  • The ability to interpret technical instructions in mathematical or diagram form and work with abstract and concrete variables is required.
  • The ability to read, analyze, and interpret contracts, financial reports, legal documents, and government regulations is required.
  • The ability to give and receive instructions in written and verbal forms, present information effectively, and respond to questions from management, coworkers, customers, vendors, shoreside and shipboard employees is required.
  • Proficiency in Microsoft Word, Excel, PowerPoint, Visio, and Project is required.
  • Familiarity with email, internet applications, and AutoCAD is required.
  • The role requires regularly sitting, standing, writing, reviewing and typing reports, compiling data, and operating a computer; communicating, listening, comparing variables, and assessing information; close and color vision; and moving about the office complex, with occasional climbing, descending, lifting, or moving of up to 10 pounds.
  • The work environment includes an office location and/or movement inside or outside the office. Shipboard, dry dock, newbuilding, or offsite visits may involve high noise levels; personal protective equipment is provided as needed.
Responsibilities
  • Provide project management coordination to support development, tracking, monitoring, and reporting of several small- to medium-sized special projects from inception to completion, ensuring on-time and on-budget delivery of project outputs.
  • Consult with design and brand teams to ensure executive direction and feedback are implemented effectively in projects.
  • Interface with the RCCL European site office and shipyard teams to align on executive deliverables.
  • Use project management tools and techniques to develop and maintain project scope.
  • Administer team meetings, including attendees, agendas, and official minutes, and draft project status reports for executive review.
  • Plan, coordinate, and structure project management workshops, establishing clear objectives, securing executive involvement, and meeting agreed-upon deliverables.
  • Consult with clients to determine needs or problems and obtain data required for solutions.
  • Analyze gathered insights and recommend solutions to continuously improve methods, procedures, ways of working, and use of best practices.
  • Conduct vendor consultations and assessments to monitor progress, identify problems, and obtain solutions.
  • Communicate with outside vendors and contractors to ensure contracted deliverables are met on time.
  • Facilitate risk reviews and ensure adherence to risk-centric ways of working for Miami-based workstreams.
  • Align risk status and provide feedback on risk criticality in relation to the entire project scope.
  • Develop methods and practices for communicating project status to extended teams and executive management.
  • Support project teams in collecting quantitative and qualitative statistics and perform basic financial and statistical numerical analysis.
  • Manage and resolve guarantee claims after project completion and vessel handover; serve as the primary liaison among shipowners, contractors, vendors, and shipyard teams to track deficiencies, coordinate repairs, and ensure timely close-out under guarantee terms.
  • Maintain detailed documentation, monitor response timelines, and verify corrective work is completed to specification.
  • Perform other duties as required.

About the company

Royal Caribbean Group operates multiple cruise brands, including Royal Caribbean International, Celebrity Cruises, and Silversea Cruises, and owns half of joint ventures that run TUI Cruises and Hapag-Lloyd Cruises. Guests book voyages on ships that sail to destinations worldwide, with cabins, dining, activities, entertainment, and shore excursions shaping the experience. The company differentiates itself with a global, multi-brand fleet, joint venture partnerships, and a strong commitment to ethics, diversity, and responsible operations. Its goal is to deliver the best vacation experiences while sailing safely, protecting the oceans, and acting with integrity for guests, employees, and communities.

Company Size

10,001+

Company Stage

IPO

Headquarters

Miami, Florida

Founded

1969

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Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 6.5% to $4.83 billion despite geopolitical booking softness.
  • Royal Caribbean reported strong close-in demand and lower costs on July 28, 2026.
  • Committed financing for Icon VI and Icon VII supports capacity growth through 2029.

What critics are saying

  • June 30, 2026 debt reached $21.3 billion while liquidity stayed only $6.9 billion.
  • Anthem of the Seas propulsion failure canceled the January 27, 2026 New Zealand sailing.
  • Continued shipbuilding and resort spending keeps free cash flow pressured through 2027.

What makes Royal Caribbean Group unique

  • Royal Caribbean raised 2026 EPS guidance to $17.73-$17.87 on July 28, 2026.
  • Legend of the Seas delivered in Q2 2026, proving execution on Icon-class expansion.
  • September 23, 2026 Sandals deal broadens Royal Caribbean beyond cruises into all-inclusive resorts.

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Benefits

  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

2%

1 year growth

2%

2 year growth

2%
Yahoo Finance
Oct 22nd, 2026
Royal Caribbean trades at 17.6x earnings, but slowing sales and negative cash flow cloud the bargain case

Royal Caribbean (RCL) shares trade at 17.6 times earnings, against 22.8 for the median S&P 500 company. The stock lost 2.8% over the past year while the index returned 16.5%. Operating margin rose to 27.3% in the four quarters to June 2026, from 26.4% a year earlier. Net income reached $4.4 billion, up from $3.6 billion. Revenue growth has slowed from 27.7% to 12.1% and then 8.7%. Management now expects 9% growth in 2026, down from 10%. Free cash flow turned negative at $416 million, against $3.59 billion a year earlier. In September 2026, the company agreed to buy half of Sandals Resorts International for $3 billion.

Yahoo Finance
Oct 5th, 2026
Royal Caribbean earns $4.4B but burns $1.5B cash on $8B shipbuilding spree

Royal Caribbean reported net income of $4.4 billion over the past twelve months, yet its levered free cash flow was negative $1.52 billion during the same period. The company generated $6.79 billion in operating cash flow but spent roughly $8 billion on capital expenditures, primarily building and buying ships. The cruise operator carries $23.52 billion of debt against $876 million of cash. Despite the negative cash flow, investors pay 6.14 times book value for Royal Caribbean, suggesting confidence in the fleet's long-term value. At $277.74 on 2 October, shares were down 12.47% over twelve months. The company's dividend yield stands at 2.16% with a payout ratio of 30.88%, though dividends are currently funded by borrowing rather than surplus cash. Fifty-six hedge funds held stakes worth $960 million at the end of Q2 2026.

Pluang
Sep 23rd, 2026
Royal Caribbean invests $3B for 50% stake in Sandals and Beaches Resorts

Royal Caribbean Group will invest approximately $3 billion to acquire a 50% equity stake in Sandals and Beaches Resorts through a joint venture. The partnership combines Sandals and Beaches' Caribbean resort expertise with Royal Caribbean's vacation platform, including cruise brands and private destinations. The deal aims to accelerate resort growth and expand into the all-inclusive resort market, targeting the $2 trillion global vacation market. The transaction is expected to close in early 2027 and will be accretive to Royal Caribbean's earnings next year. Both companies will maintain their existing operations and loyalty programmes. Royal Caribbean shares rose 1.15% to $237.60 following the announcement, with the company's market capitalisation standing at $66.93 billion.

StockTitan
Aug 20th, 2026
Royal Caribbean completes $1.25B bond offering to refinance debt

Royal Caribbean Group has completed a registered public offering of $1.25 billion in senior unsecured notes due 2034. The notes, which carry a 5.550% interest rate, will mature on 20 January 2034 unless redeemed earlier. The cruise operator plans to use the net proceeds primarily to repay part of its outstanding floating rate term loan facilities. Any remaining funds will go towards repaying or refinancing other existing debt. BNP Paribas Securities Corp., BofA Securities, Inc., and Citigroup Global Markets Inc. served as lead book-running managers for the offering. The notes were sold pursuant to an automatic shelf registration statement filed with the Securities and Exchange Commission on 29 February 2024. Royal Caribbean Group operates 71 ships across three wholly owned brands.

Yahoo Finance
Aug 13th, 2026
Royal Caribbean shares rise 5.7% after Q2 beat, raises 2026 profit guidance to $17.73-$17.87

Royal Caribbean Cruises has a market capitalisation of $82.1bn and operates brands including Royal Caribbean, Celebrity Cruises, and Silversea. The Miami-based company has seen its stock decline 1.6% over the past year, underperforming the S&P 500's 20.2% rally, though shares have gained 10.4% year-to-date. On 28 July, the stock jumped 5.7% after Royal Caribbean reported second-quarter adjusted earnings per share of $4.21, beating analysts' $3.98 estimate. Revenue rose 6.5% year-over-year to $4.83bn. The company raised its full-year adjusted EPS guidance to $17.73-$17.87, implying 14% year-over-year growth. Among 26 analysts covering the stock, the consensus rating is "Moderate Buy", based on 17 "Strong Buy" ratings, one "Moderate Buy", and eight "Holds".