Lead Data Insights Specialist

1 day ago

Kottayam, Kerala, India beBeePricing Full time ₹ 25,00,000 - ₹ 35,00,000
Pricing Data Analyst

Lowe's is a team of professionals who create an engaging customer experience for our home improvement business.

As a member of the Pricing Analytics team, you will assist pricing managers and merchants in defining and optimizing pricing strategies for different product categories across various channels.

The team uses advanced analytics to forecast and measure the impact of pricing decisions, develop strategic price zones, recommend price adjustments, and identify sales and margin opportunities to help achieve company targets.

You will collaborate closely with the Pricing team to translate pricing goals and objectives into data and analytics requirements. You will gather and wrangle data using open source and commercial data science tools to deliver data-driven insights, trends, and identify anomalies.

You will apply statistical and machine learning techniques to answer relevant questions and provide retail recommendations. You will work with product and business teams to incorporate feedback throughout the development process to drive continuous improvement.

  • Develop and maintain descriptive and predictive analytics models and tools that support Lowe's pricing strategy.
  • Translate pricing strategy and business objectives into analytics requirements.
  • Design and implement processes for collecting, exploring, structuring, enhancing, and cleaning large datasets from both internal and external sources.
  • Conduct data validation, detect outliers, and perform root cause analysis to prepare data for statistical and machine learning models.
  • Research, design, and implement relevant statistical and machine learning models to solve specific business problems.
  • Apply machine learning model outcomes to relevant business use cases.
  • Educate the pricing team on how to effectively interpret and utilize machine learning model results.
  • Assist in designing and executing A/B tests, multivariate experiments, and randomized controlled trials (RCTs) to evaluate the effects of price changes.
  • Perform advanced statistical analyses (e.g., causal inference, Bayesian analysis, regression modeling) to extract actionable insights from experimentation data.

The ideal candidate will possess excellent analytical and problem-solving skills, be proficient in data visualization tools, and have experience working with large datasets.

This role offers a unique opportunity to work with a talented team of analysts and contribute to the development of innovative pricing solutions.

If you are passionate about data analysis and eager to take on new challenges, we encourage you to apply.

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