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- Tasks: Lead econometric modelling projects and deliver insights to stakeholders.
- Company: Join a top UK media and telecoms organisation with a large in-house econometrics team.
- Benefits: Enjoy a salary up to £70,000, performance bonuses, private healthcare, and employee discounts.
- Why this job: Make a real impact on marketing effectiveness while mentoring junior team members.
- Qualifications: 4+ years in marketing mix modelling; skills in R, Python, SQL or econometric software required.
- Other info: Hybrid work model: 3 days in the office in West London; no visa sponsorship available.
The predicted salary is between 42000 - 98000 £ per year.
Principal Econometrician
Location: West London (Hybrid – 3 days a week in the office)
Salary: Up to £70,000
Ready to make an impact in a dynamic, fast-paced environment? Join a leading media and entertainment brand and take on an exciting opportunity to drive the efficiency of marketing plans through advanced econometric insights.
Role Overview:
As a Principal Econometrician, you\’ll play a pivotal role in delivering econometric projects that help optimize business decision-making. You\’ll work with key stakeholders to ensure your insights translate into real-world decisions on budget allocations, media planning, and marketing efficiency. If you\’re passionate about advanced statistical techniques, media planning, and optimizing commercial strategies, this role is for you.
Key Responsibilities:
- Lead the delivery of econometric projects, ensuring alignment with key business goals and objectives
- Drive the Cross-Portfolio Optimisation process, using econometric insights to inform budget allocations and marketing decisions
- Collaborate with key stakeholders to integrate econometric findings into real-world business decisions
- Partner with consumer strategy teams to enhance the department\’s reputation and influence within the company
- Lead the development of new techniques, tools, and processes to improve team efficiency, staying ahead of industry trends
Ideal Candidate:
- Proven experience delivering econometrics projects with an established provider in the industry
- Experience with sizing, allocating, and optimizing media investment decisions in a commercial context
- Passion for using statistical techniques to convert data into actionable recommendations
- Strong understanding of media planning and buying, and knowledge of how optimization techniques inform media strategies
- Advanced Excel skills to manipulate data and optimize based on model parameters
- Self-motivated with the ability to thrive in a fast-paced, dynamic environment
- Experience in developing and upskilling econometrics teams to ensure the use of the latest tools and techniques
- Excellent communication skills with experience delivering results and recommendations that impact commercial decision-making
- Strong organizational and time management skills to manage multiple tasks and priorities effectively
- Knowledge of Python is desirable
The Benefits:
- Up to £70,000 + benefits
- Hybrid
- West London (x3 days a week)
How To Apply:
If interested in the role please send your CV to Jordan Victor via the Apply Link below
Principal Econometrician employer: Harnham
Contact Detail:
Harnham Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Principal Econometrician
✨Tip Number 1
Network with professionals in the econometrics field, especially those who work in media and telecoms. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends and challenges in marketing mix modelling.
✨Tip Number 2
Familiarise yourself with the specific tools mentioned in the job description, such as R, Python, and SQL. Consider taking online courses or working on personal projects that showcase your skills in these areas, as practical experience can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your previous projects in detail, particularly those involving marketing effectiveness and ROI analysis. Be ready to explain how your insights have influenced business decisions, as this will demonstrate your ability to translate technical results into commercial recommendations.
✨Tip Number 4
Showcase your leadership skills by highlighting any experience you have in mentoring or managing teams. Since this role involves leading a small team, emphasising your ability to support and develop junior members will be crucial in making a strong impression.
We think you need these skills to ace Principal Econometrician
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in marketing mix modelling and your technical skills in R, Python, SQL, or econometric software. Use specific examples to demonstrate how you've translated econometric results into commercial recommendations.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for econometrics and your understanding of the media and telecoms industry. Mention your leadership experience and how you can contribute to the team's success, especially in managing junior members.
Highlight Relevant Experience: In your application, emphasise your 4+ years of experience in the field. Discuss specific projects where you led end-to-end modelling and delivered insights that impacted marketing effectiveness.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail, which is crucial for a role that involves data analysis and reporting.
How to prepare for a job interview at Harnham
✨Showcase Your Technical Skills
Make sure to highlight your experience with R, Python, SQL, or any econometric software during the interview. Be prepared to discuss specific projects where you applied these skills, as this will demonstrate your technical foundation and ability to lead modelling projects.
✨Prepare for Commercial Discussions
Since the role involves translating econometric results into commercial recommendations, think of examples where you've successfully done this in the past. Be ready to explain how your insights have impacted marketing strategies or business decisions.
✨Demonstrate Leadership Experience
As you'll be managing a team, it's crucial to convey your leadership style and experience. Share instances where you've mentored junior members or led a project, showcasing your ability to support and develop others while still being hands-on with technical delivery.
✨Understand the Company’s Market
Research the media and telecoms industry, particularly the company's position within it. Familiarise yourself with their brands and recent campaigns, as this knowledge will help you engage in meaningful discussions about marketing effectiveness and demonstrate your genuine interest in the role.
