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Sr. Data Analyst - Pricing & Yield

San Mateo, CA | Marketing

Job Description

Rafter, Inc. the leading course materials management platform, lowers the cost of education by providing colleges and universities with much needed tools to manage the rapidly changing world of course materials on campus. To learn more visit www.rafter.com and watch our video. Rafter evolved from BookRenter.com, the first online textbook rental site, launched in 2008 with a mission to make education more affordable by allowing students to rent textbooks for up to 80% off the retail price. Rafter is one of the few private ed tech companies that is truly lowering the cost of higher education for students. By working directly with more than 300 schools to turn the painful and archaic process of managing course materials into a low cost, student-centric service, Rafter has saved students more than $300m. By taking an enterprise approach to course materials management, the Rafter Course Materials Network takes a more holistic approach that provides colleges and universities with a path to discover, adopt, distribute and manage physical and digital course materials.

http://www.rafter.com/

http://www.bookrenter.com/

 

Making education more affordable, accessible and effective.

At Rafter we use technology to increase the affordability, accessibility and effectiveness of higher education. Rafter evolved out of textbook rental service BookRenter.com. After saving students over 200 million dollars by renting textbooks, we saw a larger opportunity and created the Rafter Course Materials Network, a suite of cloud-based software that helps schools with the discovery, adoption, supply, pricing, management and sale of physical and digital educational materials. Rafter works with over 500 colleges and universities across the nation. We believe in the value of higher education, and we're here to support it.

 

Sr. Data Analyst - Pricing & Yield

Location: San Mateo, CA
Position Type: Full-Time Employee
Requisition #: 0204

 

Hacking the textbook market.

We use technology to make education more accessible, affordable and effective but that approach goes beyond software. On the pricing team we build innovative financing and valuation models for textbooks so that we can save students money. Think about commodities trading not retail merchandising.

 

Must love data…lots of data.

We're ruthlessly empirical. We comb through tens of millions of price observations to build models that dynamically price more than 2.8 million titles. Then we test them, tweak them, throw them away and build better ones. We have an engineering team dedicated to helping us build and test better pricing strategies and analytic tools.

 

Primary Responsibilities:

  • Monitor market signals and transactions and recommend pricing strategies
  • Synthesize disparate signals to identify and seize market opportunities
  • Formulate hypotheses about the market and validate them through simulation and experimentation
  • Build automated pricing and valuation models along with the tools to monitor their performance

 

Minimum Requirements:

  • A Bachelor’s degree in mathematics, statistics, finance, computer science or another highly quantitative field.
  • A solid understanding of statistics and probability
  • A high commitment to quality and thorough, detailed thinking
  • Insatiable curiosity
  • Experience working with SQL and relational databases
  • Knowledge of programming, especially languages or libraries focused on statistical analysis like R, PySci or Incanter.
  • Experience with options trading or fixed income securities

 

We offer competitive salary, benefits, and the chance to improve the lives of millions of students!

 

Read more about our success.

Rafter Experiences 1,400 Percent Annual Revenue Growth in On-Campus Commerce -  

http://finance.yahoo.com/news/schools-running-rafter-platform-saved-133056097.html

http://www.informationweek.com/education/leadership/how-rafter-helps-colleges-cut-textbook-c/240152363

 

To learn more about Rafter, visit us on the web at www.rafter.com.

Rafter is proud to be an equal opportunity workplace and is an affirmative action employer.

“Veterans of the United States Armed Forces are encouraged to apply.  Thank you for your service.”

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