Data Scientist - Pricing and Promotions

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
 
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary
The Retail Analytics team is helping lead the effort to drive improved consumer experience by partnering with key business areas across CVS Health to deliver impactful analytic solutions and insights.  As a member of the Analytics & Behavior Change Merchandising Analytics team, you will be at the forefront of delivering high visibility projects for key CVS Retail strategic priorities.

In this role, you will have the opportunity to:

• Drive revenue and customer satisfaction in CVS Health’s Front Store business using data science to optimize pricing and promotions decisions. 

• Solve complex problems, build predictive models and optimize pricing decisions.

• Work cross functionally with a range of technical and non-technical stakeholders and translate their business needs into problems to be solved using statistical modeling, machine learning, and optimization.

We are a fast-paced team focused on building innovative advanced analytics solutions using cloud capabilities. We are looking for individuals who have a strong sense of ownership, accountability, and a desire to deliver high quality work and high impact products using advanced innovative data driven approaches. 

This role can be remote but must align with an East Coast schedule.

Required Qualifications

• 1+ years of work experience in an applied data science and analytics or ML role

• 1+ years of experience in SQL and Python

• 6 months + of experience using GitHub or GitLab for code collaboration.

Preferred Qualifications

• Master’s Degree in a stem field with 2+ years end to end model development in optimizing pricing within a brick and mortar retail context.

• Experience building linear programming models for optimization and experience with optimization tools and libraries (Gurobi, pulp, pyomo).

• Experience working with large datasets, analyzing data and extracting meaningful insights.

• Experience using PySpark for large data processing.

• Knowledge of or experience in causal inference.

• Retail domain knowledge and basic understanding of pricing concepts. 

• A strong drive to explore data and make a business impact by applying data science and the curiosity to dive deep.

• Ability to communicate technical concepts to non-technical audiences, including experience creating communication materials (e.g., white paper, slide decks, etc.).

Education

Bachelor’s degree in quantitative field, or an equivalent combination of formal education and experience.

Master's degree in quantitative field or MBA strongly preferred.

Pay Range

The typical pay range for this role is:

$70,000.00 - $140,000.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  
 
For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 04/05/2024

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated. 

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through ColleagueRelations@CVSHealth.com If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.