Pricing Analyst: Econometric Modeling & Automation

Bed Bath & Beyond

Utah

On-site

USD 85,000 - 110,000

Full time

6 days ago
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Benefits offered by this job

401k with 6% match
Flexible schedules
Tuition reimbursement & leadership/mer
Mentorship program
Employee Resource Groups
And More

Job summary

Bed Bath & Beyond is seeking a Pricing Analyst to partner with the Director of Pricing on econometric models and price optimization. You will build and maintain pricing algorithms, run tests, and provide data-driven insights to drive profit and sales across complex datasets.

The role requires SQL proficiency, statistics knowledge, and experience with modeling frameworks; strong communication to leadership is essential. Hybrid work options and strong benefits are offered.

Qualifications

  • Bachelor's degree (or U.S. equivalent) in Economics, Statistics, Business, Information Systems, Mathematics, Supply Chain Management, or related field.
  • Experience using SQL to extract and manipulate large datasets.
  • Experience with at least one modeling framework (e.g., SciKit-Learn, TensorFlow, SAS, R, MATLAB).
  • Knowledge of statistics and mathematical concepts (e.g., hypothesis testing, regression).
  • Experience creating narratives from data and telling data-driven stories.

Responsibilities

  • Work with the Director of Pricing to design, prototype, develop and execute econometric models for data driven price optimization techniques.
  • Act as a self-starter by employing critical thinking skills and creativity to add incremental value to the company.
  • Work autonomously and participate in complex pricing projects.
  • Build, implement and maintain pricing algorithms on complex datasets.
  • Design, run and monitor price tests to evaluate new hypotheses and new strategic initiatives.
  • Design, develop and maintain pricing tools as well as Python scripts to improve/automate pricing processes.
  • Analyze business data and identify pricing opportunities to increase profit and sales.
  • Perform validation and testing of models to ensure adequacy and reformulate models as necessary.
  • Study and analyze information about alternative courses of action to determine which plan will offer the best outcomes.
  • Collaborate with other teams in the organization to ensure successful implementation of chosen problem solutions.
  • Collaborate with senior managers and decision makers to identify and solve a variety of problems.
  • Communicate data analysis findings to leadership and other stakeholders.
  • Perform other duties as required and assigned by manager and upper management.
  • Follow legal policies as directed.

Skills

SQL
Data storytelling
Project execution
MS Office
Statistics concepts

Education

Bachelor's degree in Economics/Statistics/Math/IS or related

Tools

SciKit-Learn
TensorFlow
SAS
R
MATLAB

Job description

Bed Bath & Beyond is seeking a Pricing Analyst to partner with the Director of Pricing on econometric models and price optimization. You will build and maintain pricing algorithms, run tests, and provide data-driven insights to drive profit and sales across complex datasets.

The role requires SQL proficiency, statistics knowledge, and experience with modeling frameworks; strong communication to leadership is essential. Hybrid work options and strong benefits are offered.

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