CVS Health · 12 hours ago
Senior Data Scientist/Economist – Elasticity Modeling
United States
Full-time
Remote
Mid, Senior Level
$111K/yr - $222K/yr
3+ years expCVS Health is focused on building a world of health around every individual, aiming to improve consumer experiences through analytics. The Senior Data Scientist/Economist will drive impactful analytic products and insights, optimizing pricing decisions to enhance traffic, revenue, and customer satisfaction.
Health CareMedicalPharmaceuticalRetailSales
Responsibilities
Solve complex problems, translate business requirements into testable hypotheses and measurable metrics, build causal, causal ML, and/or predictive models to understand localized trends, assess the competitive environment, and measure short- and long- term customer impacts to optimize pricing decisions
Develop and leverage in-depth knowledge of Retail Merchandising business processes, translate key drivers of business value to analytics opportunities, and simulate impact of business decisions to improve customer experience
Guide the technical approach, leverage large datasets, and build scalable and deployment ready models that work well with CVS Retail’s diverse product portfolio, develop robust methodologies and metrics to assess model performance
Stay up to date on the state-of-the-art modeling methodologies and latest research
Utilize the latest developments in the generative models (LLMs and other AI models) to improve and enrich the performance of the pricing models, rethink the deployment readiness and scalability of the models, and automation opportunities using agents
Work cross functionally with a range of technical and non-technical stakeholders including business partners, engineers, and other data and analytics teams. Share progress, findings, recommendations, and their business implications. Present meaningful and insights-driven materials on analytical results with recommendations and go forward planning to guide a variety of audiences including internal stakeholders and senior leadership
Qualification
Required
Bachelor's degree in a quantitative field such as economics, statistics, or a related field. Master's degree is preferred
3+ years of work experience in retail, consulting, or a related field
Demonstrated experience applying statistical models and/or causal inference techniques (such as Hierarchical GLM, Double ML, synthetic control, and other quasi experimental techniques). Familiarity with surrogate models
Strong Python, R, and SQL skills, proficiency in working with large datasets
Experience working with a data engineering/MLOps team to productionize data science models, familiarity with version control (GitLab or GitHub), and ML platforms (AWS SageMaker, Databricks, GCP Vertex AI, etc.)
Excellent communication and presentation skills and attention to detail. Worked in an agile environment, has the flexibility to adapt to changing business needs
Preferred
PhD in economics or equivalent
5+ years of work experience in retail, consulting, or a related field
Experience developing elasticity models, in depth understanding of merchandising (price, promotion, assortment) concepts and metrics in retail
Experience with managing large scale projects and working with multiple business stakeholders
Benefits
Affordable medical plan options
401(k) plan (including matching company contributions)
Employee stock purchase plan
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility
Company
CVS Health
CVS Health is a health solutions company that provides an integrated healthcare services to its members.
10001+ employees
H1B Sponsorship
CVS Health has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (1)
Funding
Current Stage
Public CompanyTotal Funding
$4BKey Investors
Michigan Economic Development CorporationStarboard Value
2025-08-15Post Ipo Debt· $4B
2025-07-17Grant· $1.5M
2019-11-25Post Ipo Equity
Leadership Team
David Joyner
President and Chief Executive Officer, CVS Health
Chandra McMahon
SVP & CISO
Recent News
legacy.thefly.com
2026-02-07
Hartford Business Journal
2026-02-06
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