Data Scientist – Retail Analytics

CVS Health

Remote Actively hiring
Remote, USA · Wellesley-93 Worcester St, US Posted 31 days ago $86,520$173,040 / year

At a glance

AI generated

TL;DR

As a Senior Data Scientist on the Pricing Analytics team at CVS Health, you will drive strategic initiatives by translating complex business requirements into actionable data science solutions to optimize pricing and promotional decisions for CVS Retail’s Front Store business. Your day-to-day responsibilities include developing econometric models, causal inference techniques, and predictive analytics to measure customer impacts and improve traffic, revenue, and satisfaction. You will work with large datasets using Python and SQL, leveraging distributed computing frameworks like AWS SageMaker and Databricks to build scalable models that enhance the retail merchandising process. Additionally, you will stay current with advancements in generative AI and econometric methodologies to automate pricing strategies and present insights to senior leadership, ensuring robust model performance through rigorous validation techniques.

Skills

Python SQL AWS SageMaker Databricks GCP Vertex AI Kubeflow GitLab GitHub econometric modeling techniques price elasticity promotional lift causal inference methods Bayesian hierarchical modeling time-series forecasting ML platforms MLOps tools Deep Learning NLP models

What you'll do

  • Solve complex business problems by translating requirements into testable hypotheses and building predictive models.
  • Develop pricing strategies using econometric techniques to optimize traffic, revenue, and customer satisfaction.
  • Build scalable models for CVS Retail’s diverse product portfolio using large datasets and advanced computing frameworks.
  • Assess model performance with robust methodologies and ensure statistical validity of analytics products.
  • Enhance pricing models by integrating generative AI technologies and exploring automation opportunities.
  • Stay updated on the latest research in pricing and promotional analytics to innovate analytical approaches.

What we're looking for

  • 1+ years of work experience in retail, consulting, or a related field.
  • Strong programming skills in Python and SQL with proficiency in working with large datasets.
  • Experience with econometric modeling techniques such as price elasticity and promotional lift.
  • Hands-on experience with version control systems, ML platforms, and MLOps tools.
  • Excellent communication and presentation skills for multiple stakeholders.
  • Familiarity with state-of-the-art Deep Learning and NLP models in non-academic settings.

Market check

Salary context

This $86,520–$173,040 range sits above 30% of similar postings on FindRole.

Peer median band

$110,000$212,850

Median floor and ceiling across peers.

Typical midpoint (25–75%)

$126,800$191,375

Middle half of comparable postings.

Based on 239 comparable postings.

* 240 is the maximum number of comparable postings sampled.

Employer

About CVS Health

CVS Health is a leading American healthcare company operating retail pharmacies, pharmacy benefit management services, and a health insurance segment through Aetna, one of the nation''s largest health insurers. Industry: Healthcare & Pharmacy

CVS Health currently has 89 open roles on FindRole.

Listed pay typically runs $118,450–$260,590 across 86 roles with salary data.

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View all roles at CVS Health

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