Business & Pricing Analyst Job - Seattle, Washington

Business & Pricing Analyst Job
Company: Blue Nile Location: 705 Fifth Ave S Suite 900 Seattle, Washington   98104 Employment Type: Full-Time
Job Description
Blue Nile is seeking a Business & Pricing Analyst to lead the company’s efforts to maximize sales and margin through optimized pricing. The goal is to utilize our tremendous warehouse of internet sales data to optimize our vendor relationships, our selection, and our pricing. The ideal candidate should understand pricing strategies as they relate to specific products and have experience applying advanced analytical methods to produce high-impact business results. Primary Responsibilities: • Continually improve our pricing [model] to optimize profitability • Drive business insights through analysis • Derive business intelligence from product sales and inventory data • Drive innovation in our business management • Understand competitive dynamics in an actionable way including pricing, selection, changes and trends over time • Understand customer behavior, trends, and implications • Identify opportunities to improve supply chain strategy Qualifications: • 3+ Years experience in a similar position Publish Post • Excellent ability to generate actionable business results through analysis • Experience in data mining and analysis, OLAP, and the ability to use the data to understand behaviors in the customer and supplier base • Experience applying advanced statistical methods, including multivariate regression and optimization models • Ability to build price-elasticity models • Experience using statistical methods to predict outcomes using historical data • Ability to generate reports from data queries • Strong sense of ownership and accountability • Results orientation • Strong desire to have a significant impact on the business • Ability to work independently • Degree in applied math or similar discipline required (advanced degree a plus) • Experience at a top-tier consulting firm a plus