Pricing Analytics Strategist

1 day ago

Kurnool, Andhra Pradesh, India beBeeAnalytics Full time ₹ 1,80,00,000 - ₹ 2,00,00,000

About the Role:

We are seeking a seasoned Pricing Analytics Lead to join our team. This individual will be responsible for developing and maintaining descriptive and predictive analytics models and tools that support our pricing strategy.

Collaborating closely with the Pricing team, the lead will help translate pricing goals and objectives into data and analytics requirements.

  • Translate pricing strategy and business objectives into analytics requirements.
  • Develop and implement processes for collecting, exploring, structuring, enhancing, and cleaning large datasets from both internal and external sources.

The lead will gather and wrangle data to deliver data-driven insights, trends, and identify anomalies. Applying the most suitable statistical and machine learning techniques to answer relevant questions and provide retail recommendations.

Main Responsibilities:

  • 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.
  • 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.
  • Lead and manage analytics projects, ensuring they are completed on time, within scope, and aligned with business objectives.
  • Promote future-proof practices and holistic solutions, adopt new tools and techniques, and identify opportunities for enhancing analytical solutions.

Requirements:

  • 6-12 years of relevant experience
  • Bachelor's or Master's in Engineering/business analytics/Data Science/Statistics/economics/math
  • Primary Skills: Advance quantitative analysis, statistical modeling, machine learning models, Regression, Sampling techniques, hypothesis, Segmentation, Time Series Analysis, Multivariate Statistical Analysis, Predictive Modelling.
  • Secondary Skills: Alteryx and Knime

About Us:

We are a part of Lowe's Companies, Inc., a Fortune 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. We have over 1,700 home improvement stores and employ approximately 300,000 associates. Based in Mooresville, N.C., we leverage new technologies and find innovative methods to ensure that we have a competitive edge in the market.

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