This role pays less than
85%
of similar roles. Most pay
$165,500–$233,850
— the shaded band above.
At the midpoint, this role pays about
$156k
versus about
$200k
for comparable roles.
Based on 240 similar postings.
Employer
About Carmax
CarMax is the largest used car retailer in the United States, offering a customer-friendly, no-haggle buying experience with a broad selection of quality used vehicles, financing, and vehicle protection plans. Industry: Automotive Retail
Carmax currently has
28 open roles
on FindRole.
Listed pay typically runs
$98,600–$150,850
across 28 roles with salary data.
Manager, Data Science - Pricing Algorithms joins the Pricing team to develop algorithms that accurately value vehicles based on unique characteristics, consumer demand, wholesale auction supply, and market conditions. The role involves developing and improving predictive models, performing feature engineering on complex datasets, and designing controlled experiments to assess business value. You will research innovations in modeling methodologies and data science tools while influencing the team's strategic roadmap. Success requires strong modeling skills, logical reasoning, and a solid foundation in math, computer science, and machine learning. The position involves managing projects, communicating technical insights to senior leaders, and explaining both standard and novel modeling methods. This role addresses the challenge of automating pricing decisions for inventory across numerous locations to ensure vehicles are priced correctly as the business shifts toward online sales with less human intervention.