Pricing Transformation

Found in: Whatjobs IN C2 - 3 weeks ago

pune, India IWG plc Full time

Pricing Transformation - Simulation Programmer

Job Purpose

The Goal of the Pricing Transformation Team is to do a full-stack transformation of the in-house Pricing Management Suite, and this role’s integral part in that is to build, and continually improve, the new and improved pricing engine; a set of price-setting algorithms based on a foundation of business simulation forecasts.

We are looking for a skilled model builder, who can design, develop, and implement mathematical simulations of real-world business scenarios, that will be used to predict outcomes, analyse complex systems, and importantly, be eventually used as a dynamic environment for a reinforcement learning based pricing engine.

The Team itself has a great start-up feel. It’s small, highly motivated and multi-disciplinary, with each member confident in their ability to work independently, but happy to work together in larger projects.

This is a great opportunity to join a market leader and make a personal contribution to our success.

Key Responsibilities

Model Development - create simulation models representing real-world processes, systems, or phenomena.

Programming and Implementation - write efficient, object-orientated code, ideally using a scientific programming language and style. Python is the current models language. Model Calibration and Sensitivity Analysis - calibrate simulation parameters based on historical data or expert knowledge. Conduct sensitivity analyses to assess the impact of different input parameters on model outcomes. Documentation and Reporting - document model assumptions, design choices, and implementation details. Prepare clear and concise reports or presentations to communicate findings to stakeholders. Collaboration - work closely with data scientists, and subject-matter experts to refine models and improve their accuracy. Participate in interdisciplinary teams to address complex problems

Required Skills, Experience & Qualifications

Education: Bachelor’s or Master’s degree in Computer Science, Statistics, Mathematics, or a related field. Certification: Proficiency in Python & SQL, additional scientific language desired (e.g. R). Strong understanding of statistical concepts, especially Markov Chains & Likelihood functions. Familiarity with simulation methodologies and techniques. Attention to detail and problem-solving abilities. Excellent communication skills to collaborate with cross-functional teams. A confident decision maker. Proven experience of successfully influencing stakeholders in a matrix environment.  Prioritises well, and consistently delivers against tight deadlines. Team player with high level of professional integrity. Excellent analytical skills with a passionate attitude to problem solving.  Strong attention to detail. Comfortable with ambiguity and prepared to work in an agile and flexible way. Experience in price optimization and/or revenue management is preferred.

About the company

IWG has been at the forefront of flexible working for more than 30 years. With over 3,500 locations around the globe, spanning brands including Regus, Spaces, Signature and HQ, we have made it possible for businesses of all sizes to make the transition to hybrid working, empowering employees to work wherever and whenever is most convenient.

We help more than 8 million people and their businesses to work more productively, supported by a choice of professional, inspiring and collaborative workspaces, communities and services.

As the world’s leading provider of hybrid work solutions, with four times the number of locations compared to its nearest competitor, IWG is already working with over 80% of the Fortune 500 and counts businesses including Amazon, Netflix, EY and Uber amongst its customers.

Companies of all sizes are shifting to flexible working to lower costs, improve employee retention and lower their carbon emissions. The flexible workspace is expected to grow by 600% by 2023, when 30% of all office space will be hybrid. We are growing our network faster than ever to keep up with demand from customers as we work towards our goal of reaching 30,000 centres.

Carbon Neutral Workplaces

IWG’s purpose of helping everyone have a great day at work, while protecting people and the planet is at the heart of everything we do. We are proud to supply all of our customers worldwide with carbon neutral workplaces, and we have a strong climate action plan in place to help us achieve our objective of Net Zero emissions by 2040.

Leading Employer Award

IWG is proud to be the recipient of a Leading Employer Award in both 2022 and 2023. Awarded exclusively to the top 1% of employers, the accolade is testament to our diverse global workforce and the role everyone plays in bringing our purpose, culture and values to life, every single day. 

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