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Lead Econometrician
| Company | Chamberlain Group |
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| Location | Western Springs, IL, USA |
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| Salary | $97700 – $184175 |
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| Type | Full-Time |
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| Degrees | Master’s, PhD |
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| Experience Level | Senior, Expert or higher |
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Requirements
- Master’s or Ph.D. in Economics, Statistics, Applied Mathematics, or a related quantitative discipline.
- 8+ years of relevant work experience
- At least 8 years of experience in econometric modeling and applied analytics.
- Demonstrated expertise in building demand and revenue forecasting models.
- Extensive experience with time-series analysis
- Experience in marketing mix modeling and attribution.
- Proficient in statistical programming languages such as Python or R.
- Experience with data visualization tools such as Power BI or Tableau.
- Expert knowledge of econometric and statistical methods, including time series analysis, regression models, hypothesis testing, simulation, causal inference, and data aggregation.
- Ability to work with large and diverse datasets, leveraging SQL and other database tools.
- Excellent problem-solving and critical-thinking abilities.
- Strong verbal and written communication skills with the ability to translate complex analyses into actionable insights for non-technical stakeholders.
- Experience in manipulating, analyzing, and interpreting large-scale data
- Experience scaling analytics in the cloud (e.g., Azure, Databricks)
Responsibilities
- Develop, refine, and maintain econometric models to forecast market demand and revenue, tailored to various business units and geographic markets.
- Design and implement a marketing mix model to evaluate the effectiveness and ROI of marketing investments across channels.
- Design and implement models that explain variance due to external and internal factors to help isolate what is controllable vs. uncontrollable.
- Data gathering, cleansing, and integration, statistical transformation and modeling, and feature engineering and selection.
- Analyze large, complex datasets to identify trends, patterns, and relationships that influence market dynamics and business outcomes.
- Partner with cross-functional teams, including marketing, finance, and product management, to ensure alignment between modeling insights and strategic objectives.
- Create simulations to test the impact of market conditions, pricing strategies, and promotional activities on revenue and market demand.
- Identify opportunities for efficiency and effectiveness in business operations by interpreting model outcomes and making actionable recommendations.
- Present findings and recommendations to senior leadership and stakeholders in a clear and actionable manner.
- Develop deep understanding of internal and external data.
- Create appropriate standards and processes to ensure quality and consistency of Decision Intelligence Group solutions.
- Direct activities of third-party contractors and consultants for specific business projects.
- Comply with health and safety guidelines and rules; managers should also ensure compliance across their teams.
- Protect Chamberlain Group’s reputation by keeping information confidential.
- Maintain professional and technical knowledge by attending educational workshops, reading professional publications, establishing personal networks, and participating in professional societies.
- Contribute to the team effort by accomplishing related results and participating on projects as needed.
Preferred Qualifications
- Familiarity with advanced machine learning techniques and their integration with econometric models.
- Experience with IOT, software-defined customer experiences, private equity backed companies
