Position:
Data Analyst - IC 2
Company:
Bed Bath & Beyond
Location:
United States, Salt Lake City, UT
Employment type:
Full time
Short Summary:
Pricing Data Analysts at Bed Bath & Beyond will support pricing and promotional optimization, build algorithms, develop econometric models, and analyze datasets to drive conversion and revenue.
Responsibilities:
- Work with Pricing Analytics leadership to design, prototype, develop and execute econometric models for data-driven price optimization techniques.
- Take initiative, apply critical thinking, and drive creative solutions that add measurable business value.
- Rapidly learn and understand Bed Bath & Beyond's business, data, and table structure with little direction.
- Lead and contribute to complex pricing projects with minimal oversight.
- Build, implement and maintain pricing algorithms on complex datasets.
- Design, run and monitor price tests to evaluate new hypotheses and new strategic initiatives.
- Translate complex model results into clear business insights and recommendations.
- Develop and maintain pricing tools and Python scripts to automate pricing processes.
- Analyze business data to identify pricing opportunities that drive revenue and profitability.
- Validate, test, and iterate on models to ensure performance and accuracy.
- Evaluate alternative strategic approaches and recommend optimal pricing decisions.
- Collaborate cross-functionally with marketing, product, and operations to implement solutions.
- Communicate insights clearly to senior managers and stakeholders.
- Perform additional duties as assigned.
Requirement:
- Bachelor's degree (or U.S. equivalent) in Economics, Statistics, Business, Information Systems, Mathematics, Supply Chain Management, or related field and 2+ years of post-collegiate work experience conducting data analysis or PhD in a quantitative field.
- Experience with SQL to extract and manipulate large datasets.
- Experience with at least one modeling framework (e.g: SciKit Learn, SAS, R, MATLAB).
- Knowledge in statistics and mathematical concepts (e.g: hypothesis testing, regression).
- Excellent communication skills and experience with cross-team collaboration.
- Experience creating and telling stories from data, including the use of visualization tools like Tableau, Power BI, or Microstrategy.
- Experience using Microsoft Suite Tools (including Word, PowerPoint, and Excel).
Benefits:
- 401k (6% match)
- Flexible Schedules
- Tuition Reimbursement, Leadership Development Program, & Mentorship Program
- Employee Resource Groups (LatinX, Black Employee Network, LGBTQIA+, Women’s Network, Women In Tech)
- And More…