Join the CVS Health Team as a Lead Data Scientist, Assortment Optimization
CVS Health is a leading healthcare company that is dedicated to delivering enhanced human-centric health care for a rapidly changing world. Our purpose is to bring our heart to every moment of your health, and we achieve this through our commitment to innovative solutions, exceptional customer experience, and a culture of care. We are seeking a highly skilled Lead Data Scientist, Assortment Optimization to join our Retail Analytics team and drive business growth through data-driven insights.
About CVS Health
At CVS Health, we believe that healthcare is not just about treating illnesses, but about promoting wellness and enhancing the overall quality of life. Our company is built on a foundation of care, compassion, and innovation, and we are dedicated to making a positive impact on the communities we serve. Our Heart At Work Behaviors support this purpose, empowering every employee to feel empowered by their role in transforming our culture and accelerating our ability to innovate and deliver solutions.
Job Summary
As a Lead Data Scientist, Assortment Optimization, you will be a key member of our Analytics & Behavior Change (A&BC) Merchandising Analytics team, driving revenue and customer satisfaction in CVS Health's Front Store business through data science and product assortment optimization. You will work cross-functionally with technical and non-technical stakeholders to translate business needs into problems to be solved using statistical modeling, machine learning, and optimization. This role offers excellent exposure to multiple businesses, category managers, and leaders across the organization.
Key Responsibilities
- Develop and deploy advanced analytics solutions to optimize product assortment and drive business growth
- Collaborate with stakeholders to understand business needs and translate them into data-driven solutions
- Build predictive models to tailor product assortment to CVS' customer base
- Work with category managers to identify opportunities for revenue growth and customer satisfaction
- Develop and maintain complex data models and algorithms to analyze large datasets
- Communicate technical concepts to non-technical audiences through clear and concise reporting
- Stay up-to-date with industry trends and emerging technologies in data science and analytics
Essential Qualifications
- Bachelor's degree in a quantitative field such as Engineering, Mathematics, Computer Science, Statistics, or a related field. Master's degree or PhD preferred
- 5+ years of consulting or strategy experience in the retail, healthcare, or technology industry
- 5+ years of business analytics experience, leading high-visibility analyses and initiatives with a track record of business impact
- Proficiency and hands-on experience with a variety of analytic processes and techniques, including:
- Measurement methodologies
- Clustering
- Data visualizations
- Statistical significance testing and analysis
- Rules-based and machine learning modeling
- Optimization
- Proficiency in SQL and Python/R
- Experience with optimization tools
Preferred Qualifications
- Retail domain knowledge, including category management, assortment optimization, product clustering, localization, and financial metrics
- A strong drive to explore data and make a business impact by applying data science and the curiosity to dive deep
- Ability to communicate technical concepts to non-technical audiences, including experience creating communication materials (e.g., white paper, slide decks, etc.)
Career Growth Opportunities and Learning Benefits
At CVS Health, we are committed to the growth and development of our employees. As a Lead Data Scientist, Assortment Optimization, you will have opportunities to:
- Develop new skills and expertise in data science and analytics
- Work on high-visibility projects with cross-functional teams
- Collaborate with leaders and stakeholders across the organization
- Contribute to the development of innovative solutions and strategies
- Participate in training and development programs, including free development courses and education assistance
Work Environment and Company Culture
CVS Health is a dynamic and fast-paced organization that values innovation, collaboration, and customer care. As a remote employee, you will have the flexibility to work from anywhere while being part of a team that is dedicated to making a positive impact on the healthcare industry.
Compensation, Perks, and Benefits
We offer a competitive salary and benefits package, including:
- A competitive salary range of $130,295.00 - $260,590.00
- Eligibility for a CVS Health bonus, commission, or short-term incentive program
- An award target in the company's equity award program
- A full range of medical, dental, and vision benefits
- A 401(k) retirement savings plan and Employee Stock Purchase Plan
- Fully-paid term life insurance and short-term and long-term disability benefits
- Paid Time Off (PTO) and paid holidays
- A CVS store discount and discount programs with participating partners
How to Apply
If you are a motivated and talented data scientist looking to make a business impact, we encourage you to apply for this exciting opportunity. Please submit your application, including your resume and cover letter, to be considered for this role.
Don't hesitate to apply! We value a great attitude and a willingness to learn above all.
Apply Now