Director Pricing Science & Analytics

Chicago, Illinois

McDonald's Corporation
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Job Description

We are seeking a highly skilled Director of Pricing Science and Analytics to lead our pricing testing protocols, support market pricing strategies, and develop and maintain pricing models. The ideal candidate will have extensive experience in statistical analysis, mathematical modeling, and pricing strategy development. As the Director of Pricing Science and Analytics, you will be responsible for executing short-term strategies while contributing to the long-term vision of our pricing function.

Key Responsibilities:

Develop and deploy price testing protocols to evaluate and optimize pricing strategies.

Support markets in designing pricing tests and measuring outcomes, serving as an expert advisor and guide.

Develop and maintain price testing protocols, software code, and complex mathematical functions.

Develop, document, and guide the global pricing model integration, including the mathematical framework.

Expertise in AI/ML techniques implementing and leading implementation of analytical solutions

Strong experience in primary research for pricing and promotions

Develop and support pricing segmentation as needed in markets.

Execute short-term strategies for the function and contribute to executing longer-term strategies.

Make decisions and be accountable for the performance and results of multiple teams within the function.

Come to agreement through discussion and compromise on short-term operational, tactical, or narrow strategic issues for the function. Communication may be internal or external and of shared or divergent interest.

Identify and solve complex problems that have a broad impact on the function; create methods to address current and future customer needs.

Accountable for leading multiple projects across the function with high risk. Responsible for budget and resource allocation for project teams.

Date Posted: 01 May 2024
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