Macro Economist / Senior Data Analyst

Bajaj Consumer Care; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Bajaj Consumer Care is building a macro intelligence function in Mumbai to translate India's macro signals into strategic insights for our consumer business.

We seek an economist or data analyst with 6–10 years of experience in macroeconomic research or consumer analytics, capable of linking RBI, MOSPI data to pricing, channels, and planning. Proficiency in Python/R, SQL, and data visualization tools is required.

Qualifications

• Postgraduate degree in Economics, Econometrics, Applied Economics, or Quantitative Finance.
• 6–10 years in macroeconomic research, economic analysis, or consumer data analytics.
• Proficiency in Python or R, SQL, and advanced MS Excel.
• Experience with data visualization tools like Power BI or Tableau.

Responsibilities

• Monitor and interpret macroeconomic indicators (CPI, WPI, repo rate, credit growth) and assess their impact on consumer demand.
• Build and maintain demand-signal models linking macro inputs to category- and segment-level behavior across urban and rural markets.
• Publish regular macro outlook briefs, quarterly consumer sentiment reports, and scenario analyses for leadership.
• Partner with marketing, finance, and category teams to embed macro context into pricing, channels, and planning.
• Leverage RBI, MOSPI, CMIE, Nielsen, Kantar, Bloomberg plus internal data for integrated economic views.
• Generate early-warning signals on risks to support proactive business planning.

Skills

Python or R

SQL

Power BI

Tableau

Econometric modelling

Demand forecasting

Education

Postgraduate degree in Economics/ Econometrics/ Applied Economics/ Quantitative Finance

Tools

Power BI

Tableau

Job description

ABOUT THE ROLE

We are building a macro intelligence capability within our consumer business at Bajaj Consumer Care. This is a newly created, high-visibility role designed for an economist or data analyst who can read India's macroeconomic environment and translate it into strategic insights that directly shape business decisions.

You will serve as the in-house macro intelligence engine - connecting economic signals to consumer behaviour, advising leadership, and helping the organisation stay ahead of market shifts rather than react to them.

Ideal candidates will have prior experience in the economist cell or research division of a commercial bank, credit rating agency, or central bank, and are looking to bring that expertise into a commercially-driven corporate setting.

WHY THIS ROLE

Your insights will land directly on the leadership table - not buried in a research archive.

High autonomy - you own the macro narrative for the business with direct access to senior leadership.

A rare transition from banking research to a strategy role - broader commercial scope and faster feedback loops.

Opportunity to build the macro intelligence function from the ground up.

KEY RESPONSIBILITIES

• Monitor and interpret macroeconomic indicators - CPI, WPI, repo rate, credit growth, rural wage index, household savings, and purchasing power trends - and assess their direct impact on consumer demand.
• Build and maintain demand-signal models that link macro inputs to category-level and segment-level consumer behaviour across urban and rural markets.
• Publish regular macro outlook briefs, quarterly consumer sentiment reports, and scenario analyses for senior leadership and cross-functional business teams.
• Partner with category management, marketing, and finance teams to embed macroeconomic context into pricing strategies, channel decisions, and annual planning cycles.
• Leverage external data sources (RBI bulletins, MOSPI, CMIE, Nielsen, Kantar, Bloomberg) alongside internal sales and transactional data for integrated economic views.
• Generate early-warning signals on emerging risks - demand slowdown, input cost pressures, credit tightening - to support proactive business planning.

WHO WE ARE LOOKING

Education

Postgraduate degree in Economics, Econometrics, Applied Economics, or Quantitative Finance.

Preferred institutions

Delhi School of Economics, JNU, IIMs, ISI Kolkata, IGIDR Mumbai.

Experience

Experience6-10 years in macroeconomic research, economic analysis, or consumer data analytics.

Preferred background

economist cell at SBI, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, or at CRISIL, ICRA, India Ratings, or the Reserve Bank of India.

Technical skills

• Proficiency in Python or R, SQL, and advanced MS Excel.
• Experience with data visualisation tools - Power BI or Tableau.
• Hands-on experience with econometric modelling and demand forecasting.

Soft skills

• Ability to make complex economic analysis simple and compelling for non-economists.
• Strong written and verbal communication; comfortable presenting to C-suite audiences.
• Comfort operating in ambiguous, fast-moving business environments.

NICE TO HAVE

• Exposure to FMCG, retail, e-commerce, or consumer lending sector.
• Published economic research, policy briefs, or industry reports.
• Working knowledge of India-specific databases: CMIE, NABARD, NSSO / PLFS.
• Experience presenting to board-level or C-suite audiences.