Pricing Strategist

5 hours ago


Alwar, Rajasthan, India beBeePriceAnalyst Full time ₹ 1,80,00,000 - ₹ 2,55,00,000
Pricing Analytics Expert Lowe's India is seeking a skilled Lead Analyst for our Pricing team to assist in defining and optimizing pricing strategies across various channels. The ideal candidate will have 6-12 years of experience in advanced quantitative analysis, statistical modeling, and machine learning models. Key Responsibilities:
  1. Translate pricing strategy and business objectives into analytics requirements
  2. Develop and implement processes for collecting, exploring, and structuring large datasets from internal and external sources
  3. Conduct data validation, detect outliers, and perform root cause analysis to prepare data for statistical and machine learning models
  4. Research, design, and implement relevant statistical and machine learning models to solve specific business problems
  5. Ensure the accuracy of model results and build trust in their reliability
  6. Apply machine learning model outcomes to relevant business use cases
  7. Educate the pricing team on how to effectively interpret and utilize machine learning model results
  8. Assist in designing and executing A/B tests, multivariate experiments, and randomized controlled trials (RCTs) to evaluate the effects of price changes
Requirements:
  • Bachelor's or Master's degree in Engineering, Business Analytics, Data Science, Statistics, Economics, or Mathematics
  • Primary skills: experience in corporate Data Science, Analytics, Pricing & Promotions, Merchandising, or Revenue Management
  • Secondary skills: technical expertise in Alteryx and Knime

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