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ML Scientist (Pricing Reinforcement Learning)

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Job Title: ML Scientist (Pricing Reinforcement Learning)
Location: Remote
Employment Type: Contract

About Us:
DMV IT Service, headquartered in Washington, DC, is a premier provider of tailored IT solutions and staffing services nationwide. We specialize in delivering expert IT support, robust cybersecurity measures, and custom website and application development to enhance business efficiency and security. Our commitment extends to aligning top-tier talent with organizations, ensuring that our clients achieve their technological and operational objectives.

Job Overview:
We are seeking a highly skilled Senior ML Scientist to drive innovation in AI and ML-based dynamic pricing algorithms and personalized offer experiences. The ideal candidate will have extensive experience in machine learning, especially reinforcement learning techniques, to design and implement advanced models that enhance pricing strategies and customer value. This role will play a crucial part in improving business outcomes through data-driven insights and advanced algorithmic solutions.

Algorithm Development - Conceptualize design and implement state-of-the-art ML models for dynamic pricing and personalized recommendations
Reinforcement Learning Expertise - Develop and apply RL techniques including Contextual Bandits Qlearning SARSA and concepts like Thompson Sampling and Bayesian Optimization to solve pricing and optimization challenges
AI Agents for Pricing - Build AIdriven pricing agents that incorporate consumer behaviour demand elasticity and competitive insights to optimize revenue and conversion
Rapid ML Prototyping - Experience in quickly building testing and iterating on ML prototypes to validate ideas and refine algorithms
Feature Engineering - Engineer large-scale consumer behavioural feature stores to support ML models ensuring scalability and performance
CrossFunctional Collaboration - Work closely with Marketing Product and Sales teams to ensure solutions align with strategic objectives and deliver measurable impact
Controlled Experiments - Design analyze and troubleshoot AB and multivariate tests to validate the effectiveness of your models

Qualifications:

8 years in machine learning
5 years in reinforcement learning recommendation systems pricing algorithms pattern recognition or artificial intelligence
Expertise in classical ML techniques eg Classification Clustering Regression using algorithms like XGBoost Random Forest SVM and KMeans with handson experience in RL methods such as Contextual Bandits Qlearning SARSA and Bayesian approaches for pricing optimization
Proficiency in handling tabular data including sparsity cardinality analysis standardization and encoding
Proficient in Python and SQL including Window Functions Group By Joins and Partitioning
Experience with ML frameworks and libraries such as scikitlearn TensorFlow and PyTorch
Knowledge of controlled experimentation techniques including causal AB testing and multivariate testing
5+ Years Expereince in Pricing Reinforcement Learning
8+ Years Experience in Machine Learning
Expert in Python & Tabular Data
SQL
Knowledge of AB Testing

Average salary estimate

$135000 / YEARLY (est.)

min

max

$120000K

$150000K

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What You Should Know About ML Scientist (Pricing Reinforcement Learning), DMV IT Service

Are you ready to take your machine learning skills to the next level? As an ML Scientist (Pricing Reinforcement Learning) with DMV IT Service, you’ll have the opportunity to be at the forefront of AI and ML innovation. We're looking for someone who's not just experienced but passionate about developing dynamic pricing algorithms and creating personalized customer experiences that drive real business results. In this remote contract role, you'll harness your expertise in reinforcement learning to conceptualize and implement cutting-edge models that dramatically enhance pricing strategies. Imagine building AI-driven pricing agents that intuitively understand consumer behavior and market dynamics—this is your chance to shape how companies optimize revenue! You’ll engage in rapid ML prototyping, collaborating with marketing and sales teams to align data-driven insights with strategic goals. Additionally, your knowledge of controlled experiments will be essential as you design and analyze A/B tests to validate your innovative solutions. If you have a strong foundation in traditional machine learning techniques coupled with years of hands-on experience in reinforcement learning, then DMV IT Service could be your next career-defining adventure. Join us and help redefine the future of pricing in our industry while collaborating with top-tier talent and impacting businesses across the nation. Don’t miss out—the journey starts with you!

Frequently Asked Questions (FAQs) for ML Scientist (Pricing Reinforcement Learning) Role at DMV IT Service

What are the primary responsibilities of an ML Scientist (Pricing Reinforcement Learning) at DMV IT Service?

The primary responsibilities of an ML Scientist (Pricing Reinforcement Learning) at DMV IT Service include the development of advanced ML models for dynamic pricing and personalized recommendations. You'll leverage techniques like Contextual Bandits and Q-learning to address pricing challenges, build AI-driven pricing agents, and collaborate effectively across teams to ensure that your innovations align with strategic business objectives.