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Economist, Prime Economics

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Amazon

11d ago

  • Job
    Full-time
    Junior Level
  • Data
    Research & Development
  • Seattle

AI generated summary

  • You need a PhD in economics or related field, 2+ years of relevant experience, knowledge of a statistical software, forecasting skills, and proficiency in handling large datasets.
  • You will build econometric models, collaborate with cross-functional teams, inform strategic decisions on Prime improvements, and lead scientific initiatives across global teams.

Requirements

  • PhD in economics or within related field
  • 2+ years of industry, consulting, government, or academic research experience
  • Knowledge of at least one statistical software package such as R, Stata, Matlab, SAS
  • Experience in prediction and forecasting in a research or industrial environment
  • Experience with handling of large datasets

Responsibilities

  • As an Economist within Amazon Prime, you will build a foundational econometrics used to help Prime plan company-wide investments in Prime. To do so, you will work closely with a team of structural and theoretical econometricians, applied and research scientists, and business and software development teams, along with Amazon Scholars (leading academic scientists from major universities). You will propose and estimate novel statistical and econometric models at the scientific frontier of time series statistics, structural econometrics, and machine learning. You will directly inform large-scale strategic decisions about how to improve the Prime membership, in partnership with senior scientific and business leaders. You will serve as a science leader across our worldwide science teams (now spanning pods within multiple marketplaces). You will utilize and enhance massively parallelized scientific computing paradigms, in partnership with our scientific software teams. This position is unique in its exposure to senior members of the Prime team and other Amazon business units.

FAQs

What is the job title for this position?

The job title is Economist, Prime Economics.

What are the primary responsibilities of the Economist at Amazon Prime?

The primary responsibilities include managing information needs, supporting analyses of complex business questions, building foundational econometric models, proposing and estimating novel statistical and econometric models, and informing large-scale strategic decisions related to Prime memberships.

What educational qualifications are required for this position?

A PhD in economics or a related field is required.

How many years of experience are necessary for this role?

The position requires 2+ years of industry, consulting, government, or academic research experience.

What statistical software should the candidate be familiar with?

Candidates should have knowledge of at least one statistical software package such as R, Stata, Matlab, or SAS.

Is experience with machine learning necessary for this role?

While not strictly necessary, knowledge of machine learning would be a plus for candidates applying for this position.

What tools or programming languages should candidates be proficient in?

Candidates should be proficient in R, Python, Scala, or equivalent languages, as well as SQL and distributed computing infrastructures such as Spark-Scala or PySpark.

What locations are available for this position?

The location options for this position include Seattle, WA, Chicago, IL, and Arlington, VA.

Does Amazon offer any diversity and inclusion initiatives?

Yes, Amazon is committed to a diverse and inclusive workplace and does not discriminate on various legally protected statuses.

What is the salary range for this position?

The salary for this position ranges from $116,300/year in the lowest geographic market to $201,000/year in the highest geographic market, depending on job-related knowledge, skills, and experience.

Are there additional compensation or benefits offered besides the base salary?

Yes, depending on the position, equity, sign-on payments, and other forms of compensation may be provided as part of a total compensation package, in addition to a full range of medical, financial, and other benefits.

What should applicants do to apply for this position?

Applicants should apply via Amazon's internal or external career site.

Will the position remain open indefinitely?

This position will remain posted until filled.

Amazon

Retail & Consumer Goods
Industry
10,001+
Employees
1994
Founded Year

Mission & Purpose

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. We are driven by the excitement of building technologies, inventing products, and providing services that change lives. We embrace new ways of doing things, make decisions quickly, and are not afraid to fail. We have the scope and capabilities of a large company, and the spirit and heart of a small one. Together, Amazonians research and develop new technologies from Amazon Web Services to Alexa on behalf of our customers: shoppers, sellers, content creators, and developers around the world. Our mission is to be Earth's most customer-centric company. Our actions, goals, projects, programs, and inventions begin and end with the customer top of mind. You'll also hear us say that at Amazon, it's always "Day 1."​ What do we mean? That our approach remains the same as it was on Amazon's very first day - to make smart, fast decisions, stay nimble, invent, and focus on delighting our customers.