Data Scientist
4 days ago
Job Title: Data Scientist - £45-50k - West Midlands - Hybrid Role
Are you eager to make an impact with your data science skills? We’re seeking a Data Scientist specialising in Pricing & Revenue Management to help establish a solid foundation for our revenue management practices. In this vital role, you will contribute to the growth of the business by generating insights and recommendations that unlock significant value.
What You’ll Do:
As an integral member of our clients team, you will:
- Support the Senior Data Scientist in developing their Revenue Management System.
- Provide accurate inputs for revenue forecasting to guide decision-making.
- Conduct analyses that support the development of advanced models for algorithmic pricing strategies.
- Perform robust testing, including simulations and A/B tests, to assess the impact of your analyses.
- Assist in providing actionable insights for cluster revenue managers in hotels and help inform strategies to increase market share in our pubs.
What We’re Looking For:
To excel in this role, you should possess:
- A solid understanding of pricing challenges, revenue management, and data science concepts (e.g., demand forecasting, optimisation, pricing strategies, inventory management, sampling, testing, stochastic processes, and Bayesian inference).
- A degree in a quantitative field (BSc or MSc in Mathematics, Statistics, Economics, or a related discipline).
- Strong mathematical and analytical skills.
- Excellent statistical modelling abilities.
- Knowlege of working with Revenue Management Systems is essential
- Experience with forecasting and optimisation techniques.
- A minimum of 2 years of relevant experience in sectors such as airlines, hotels, retail, car rental, or e-commerce would be advantageous.
Why Join Us?
This is a key role that supports our growth strategy and offers the opportunity to work closely with senior leaders. If you are passionate about data science and its role in unlocking commercial opportunities, we want to hear from you
Apply Now
Source is passionate about providing a working environment that is welcoming, supportive and equitable for all. We seek individuals from the widest talent pool and aim to best represent the communities in which we operate. We are committed to ensuring our recruitment processes are fair to all applicants, regardless of their background and personal characteristics, and we actively encourage diverse and underrepresented talent to apply for vacancies with us.
If you apply for this role and send us your information, your details may be added to our database, so in doing this you will be recognising our legitimate business interest to process certain personal information about you in order to identify positions that may be relevant to you. In processing the information you supply we aim to comply with the General Data Protection Regulations. Details of how your information is processed and held are set out in our Privacy Policy below. www.wearesource.co.uk/media/wearesource/client/SourcePrivacyNoticeforCandidates.pdf
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