Pricing Strategist: Market Analytics & Optimization

Bed Bath & Beyond, Inc.; Utah; On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

401k 6% match

Flexible schedules

Tuition reimbursement

Leadership development program

Mentorship program

Employee Resource Groups

Job summary

Bed Bath & Beyond is seeking a Pricing Analyst to design and implement econometric models for data-driven price optimization. You will build and maintain pricing tools and Python scripts to improve processes and analyze datasets.

The role requires a Bachelor's degree in a quantitative field, SQL expertise, and experience with modeling frameworks. You will collaborate across teams and report findings to leadership.

Qualifications

• Bachelor's degree (or U.S. equivalent) in Economics, Statistics, Business, Information Systems, Mathematics, Supply Chain Management, or related field.
• Experience utilizing SQL to extract and manipulate large datasets.
• Experience utilizing at least one modeling framework (e.g: SciKit Learn, TensorFlow, SAS, R, MATLAB).
• Knowledge in statistics and mathematical concepts (e.g: hypothesis testing, regression).
• Experience creating and telling stories from data.
• Experience initiating and driving projects to completion with minimal guidance.
• Experience using Microsoft Suite Tools (including Word, PowerPoint and Excel).

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 proficiency

Data storytelling

Project drive

Microsoft Office

Critical thinking

Education

Bachelor's degree in Economics/Statistics/Business/Info Systems/Mathematics or related field

PhD in quantitative field

Tools

SciKit-Learn

TensorFlow

SAS

R

MATLAB

Python

Job description

Bed Bath & Beyond is seeking a Pricing Analyst to design and implement econometric models for data-driven price optimization. You will build and maintain pricing tools and Python scripts to improve processes and analyze datasets.

The role requires a Bachelor's degree in a quantitative field, SQL expertise, and experience with modeling frameworks. You will collaborate across teams and report findings to leadership.