Job Title - Sr. Data Scientist
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**Job Summary:**
We are seeking a highly skilled and experienced Principal Data Scientist to lead our data science initiatives, specifically focusing on developing and implementing Price Elasticity, Promotional Effectiveness, and Decomposition Models. This role will play a critical part in driving data-driven decision-making and optimizing pricing strategies to enhance business performance.
**Key Responsibilities:**
- Lead the development and implementation of advanced statistical models to analyze price elasticity, promotional effectiveness, and sales decomposition.
- Collaborate with cross-functional teams, including marketing, finance, and product management, to understand business needs and translate them into data-driven solutions.
- Design and conduct experiments to test pricing and promotional strategies, and analyze the results to provide actionable insights.
- Develop and maintain scalable data pipelines and infrastructure to support model development and deployment.
- Mentor and guide junior data scientists and analysts, fostering a culture of continuous learning and innovation.
- Communicate complex analytical concepts and results to non-technical stakeholders in a clear and concise manner.
- Stay up-to-date with the latest advancements in data science, machine learning, and statistical modeling techniques.
**Qualifications:**
- Master's in Data Science, Statistics, Computer Science, Mathematics, or a related field.
- Proven experience in developing and implementing price elasticity, promotional effectiveness, and decomposition models.
- Strong proficiency in programming languages such as Python, R, and SQL.
- Expertise in machine learning techniques, statistical modeling, and data analysis.
- Excellent problem-solving skills and the ability to work independently and collaboratively.
- Strong communication skills with the ability to present complex information to diverse audiences.
- Experience with big data technologies and cloud platforms Azure is a plus.
**Preferred Skills:**
- Experience in the retail or consumer goods industry.
- Familiarity with data visualization tools Power BI or any other UI tool for Scenario building
- Knowledge of A/B testing and experimental design
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Salary and Other Compensation:Applications will be accepted until Jan 3rd 2025. The annual salary for this position is between $120- 175Kdepending on experience and other qualifications of the successful candidate.This position is also eligible for Cognizant’s discretionary annual incentive program and stock awards, based on performance and is subject to the terms of Cognizant’s applicable plans.Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:Medical/Dental/Vision/Life InsurancePaid holidays plus Paid Time Off401(k) plan and contributionsLong-term/Short-term DisabilityPaid Parental LeaveEmployee Stock Purchase PlanDisclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law
The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.
- Cognizant is a global community with more than 300,000 associates around the world.
- We don’t just dream of a better way – we make it happen.
- We take care of our people, clients, company, communities and climate by doing what’s right.
- We foster an innovative environment where you can build the career path that’s right for you.
About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World’s Best Employers 2024) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com
Our commitment to diversity and inclusion:
Cognizant is an equal opportunity employer that embraces diversity, champions equity and values inclusion. We are dedicated to nurturing a community where everyone feels heard, accepted and welcome. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.
Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.