At a Glance
- Tasks: Design and evolve dynamic pricing systems for our innovative marketplace.
- Company: Join a forward-thinking analytics department making a global impact.
- Benefits: Professional development, mentoring, and access to global opportunities.
- Other info: Engage in exciting company activities and social impact projects.
- Why this job: Help create fair choices for millions while developing your skills.
- Qualifications: 3+ years in Data Science or Applied Research with strong statistical skills.
The predicted salary is between 59400 - 72600 £ per year.
We are looking for a Lead Applied Researcher — Pricing to design and evolve dynamic pricing systems for our marketplace. You will develop pricing as a feedback-driven decision system, balancing supply, demand, and business outcomes under uncertainty and delayed signals. Unlike traditional surge-based pricing, our marketplace operates on a unique bid-based pricing model, where prices are shaped through direct negotiation between riders and drivers. This creates a fundamentally different optimization problem, requiring advanced approaches to modeling user behavior, incentives, and marketplace dynamics.
Key Responsibilities
- Design and improve dynamic pricing policies, including elasticity and supply/demand response modeling
- Frame pricing as a decision system under uncertainty and delayed feedback
- Develop, test, and deploy real-time pricing algorithms
- Design and analyze A/B experiments to evaluate pricing impact
- Productionize models in collaboration with engineering, ensuring scalability and robustness
- Monitor system performance, including stability, feedback effects, and long-term behavior
- Contribute to methodological choices (e.g., optimization, control, RL-inspired approaches)
Skills, Knowledge and Expertise
- 3+ years of experience in Data Science, Applied Research, or algorithmic product optimization, preferably in marketplaces or pricing systems
- Strong background in statistics, optimization, and causal inference
- Proven ability to move from problem formulation to production-grade solutions
- Proficiency in Python, SQL, and experience with production ML systems
Nice to Have
- Experience with economic modeling (elasticity, auctions, policy design)
- Familiarity with control systems, RL, or online optimization
- Experience working with real-time, high-load systems
Why join us
- Help us challenge injustice by creating fair choices for millions of people across 1100+ cities in 48 countries
- Develop your professional skills with access to mentoring, career consulting, and learning programs
- Collaborate with teams around the world and gain international experience through our Global Talent Exchange Program
- Engage in company-wide challenges, awards, sports activities, employee-led social impact and volunteering projects
- Work alongside people who take initiative, speak openly, and challenge themselves to grow
- Improve your language skills through co-financed courses and internal speaking clubs
Final benefits may vary depending on the location.
Lead Applied Researcher – Pricing in London employer: inDrive
inDrive is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for a Senior DevOps Engineer to thrive. With a focus on employee growth, you will have access to continuous learning opportunities and the chance to work on cutting-edge technology in the vibrant UK tech scene. Enjoy the unique advantage of being part of a global team that values your contributions and encourages a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Applied Researcher – Pricing in London
✨Get Involved in Data Science Meetups
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Join professional bodies related to data science, like the Data Science Society or similar organisations. Getting involved can lead to mentorship opportunities and insider knowledge about full-time positions at companies like inDrive.
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We think you need these skills to ace Lead Applied Researcher – Pricing in London
Some tips for your application 🫡
Show Off Your Projects:In the world of data science, your projects can speak volumes about your skills. Make sure to showcase a few key projects in your CV or portfolio, especially those that highlight your ability to work with data sets, build models, or use relevant tools like Python, R, or SQL. Don’t forget to include links to any GitHub repositories if applicable!
Quantify Your Achievements:Employers love numbers! When drafting your CV, highlight your achievements with quantifiable results. For instance, mention how your data analysis led to a certain percentage increase in efficiency or revenue at a previous job or project. These details can really make your application pop!
Craft a Tailored Cover Letter:For a full-time role at inDrive, your cover letter should reflect your passion for data science and your excitement about the specific projects or values of the company. Dive into why you’re a good fit, how your skills align with their needs, and any unique perspectives you can bring to the team.
Stand Out with Relevant Courses and Certifications:Although experience talks, relevant courses or certifications can be your ticket to impressing hiring managers at inDrive. Mention any standout courses you've completed that equipped you with essential skills, such as machine learning certifications or data visualisation courses. This shows your commitment to continuously developing your skills in the field!
How to prepare for a job interview at inDrive
✨Brush Up on Your Statistics
For a data science role, we need to seriously sharpen our statistics skills. Get ready to tackle technical questions on probability distributions, hypothesis testing, and regression analysis. These are often the bread and butter of data science interviews, so don't just skim over them!
✨Showcase Your Projects
Prepare a killer portfolio showcasing your data science projects. We should include details about the datasets used, the tools and techniques applied, and the impact of your findings. If we can walk them through a particularly challenging project or a cool visualisation that had real-world implications, it’ll really make us stand out!
✨Get Comfortable with Python and R
Most data science positions require us to be proficient in programming languages like Python and R. We should practice common libraries like pandas, NumPy, and scikit-learn, and be ready for live coding exercises or algorithm questions. Showing off our coding chops can really impress the interviewers at inDrive!
✨Prepare for Case Studies
Expect to encounter real-world case studies during the interview. We might be asked how we’d approach a data problem or analyse a dataset to extract insights. It's essential to think out loud and demonstrate our problem-solving process so that the interviewer can see our logical thinking in action.
