Pricing Analytics Lead at Remitly
At Remitly, we help immigrant communities around the world send over $6 billion a year to their loved ones. Sending money is faster, easier, and costs less with our all-digital money transfer platform. Our vision is to transform the lives of immigrants and their families by providing the most trusted financial services on the planet. At Remitly, your work has a direct and positive impact on people around the globe. Your work matters, every day.
We are seeking a talented individual who can combine rigorous statistical analysis with strong business judgement to help us deliver and execute on smart pricing strategy across corridors and enhance overall customer lifetime value. You will be responsible for assisting in the management of Remitly’s prices across Europe and APAC, building and maintaining performance metrics dashboards and deep dives into corridor performance. Within this role, you’ll be partnering closely with the Business Analytics, Business Management, Pricing product and Finance stakeholders based in Europe and Seattle. You’ll lead implementation and subsequent analysis of the efficacy of our pricing strategies. You’ll be responsible for deep diving into customer behaviour across different customer segments to understand the interaction between and impact of our pricing and subsequently partner with Business Managers to create pricing/packaging hypotheses, set up and analyse the test reads. This is a high-visibility role, and strong communication skills are required. Because the decisions made by this role directly affect the prices we are giving customers, the ideal candidate is extremely responsive and demonstrates a high degree of ownership.
Proactively thinking about customer behaviour challenges and coming up with pricing/promo hypotheses to solve for them
Partner with other members of the team to build pricing strategies and analyse customer behaviour across our European and APAC regions
Be a thought leader with respect to pricing choices and merchandising throughout Remitly, partnering with Business Management, Marketing, Finance, and Product to build the strategies and products that power our pricing engine
Conduct profitability analysis of our pricing strategies and critically assess price optimisation opportunities
Provide insightful statistical and econometric analyses that extract value from complex datasets and achieve targeted outcomes
Build tools to automate and optimise aspects of Remitly’s pricing in order to improve efficiency
Your work will impact our customer facing product and dictate the prices customers receive on transactions every day. Your decisions will have a significant impact on Remitly’s bottom line. As a strong business thinker, you will also provide analytical expertise and judgement to other teams throughout the organisation
Lead pricing metrics reviews for the International business
Who we are looking for:
You have a degree in Economics, Econometrics, Finance, Statistics, Maths, or a related discipline that blends quantitative and qualitative analysis. Bachelor’s degree required, Master’s or PhD degree preferred.
Familiarity building dashboards (we use Tableau and Periscope), expert experience with Excel, SQL and comfortable using Python and/or R (experience with one or the other required) for analysis.
Excellent candidates will have a diverse set of skills ranging from general analytics to statistics and programming, with a strong business intuition and judgement.
Excellent problem solver, who comes to rigorous and defensible solutions to complex and open-ended problems.
Highly customer centric, with a strong desire to proactively learn about different customer behaviours and use this learning to create optimised and sustainable pricing strategies
Who we are:
Remitly is the largest independent digital remittance company headquartered in the United States, transferring over $6 billion in annualised volume from its customers in the United States, Europe, Canada, and Australia to loved ones throughout the world. The company’s proprietary global transfer network includes its easy-to-use mobile app, which makes the process of sending money faster, easier, more transparent and less costly by eliminating the forms, codes, agents, extra time and fees typical of the traditional, century-old money transfer process. Remitly is backed by industry-leading investors, World Bank’s International Finance Corporation (IFC), Generation, Naspers’ PayU, Silicon Valley Bank, Stripes Group, DFJ, DN Capital, QED Investors, Trilogy Equity Partners, Bezos Expeditions, Founders’ Co-Op, and TomorrowVentures. The company is headquartered in Seattle, with additional offices in London, Dublin, Krakow, Manila and Managua. For more information, visit remitly.com.