Billboard announcing Chamberlain Group's 2025 Best Places to Work Award
Chamberlain Group Logo

Chamberlain Group

Lead Econometrician

Reposted 8 Days Ago
Be an Early Applicant
Hybrid
Oak Brook, IL
98K-184K Annually
Senior level
Hybrid
Oak Brook, IL
98K-184K Annually
Senior level
The Lead Econometrician develops econometric models for market demand and revenue forecasting, evaluates marketing strategies, and collaborates with teams to deliver actionable data insights.
The summary above was generated by AI

Chamberlain Group (CG) is a global leader in intelligent access and Blackstone portfolio company. Powered by our myQ technology, we make access simple and secure for millions of homeowners, businesses, and communities worldwide. Our flagship brands, LiftMaster®  and Chamberlain® , are found in 51+ million homes, and 14 million+ people rely on the myQ®  app daily.

Job Summary

This role is responsible for developing, implementing, and refining econometric models to assess market demand; forecasting revenue across diverse business units and markets; building a Marketing Mix Model (MMM), and building driver impact models of internal and external factors. The Lead Econometrician will provide data-driven insights that guide strategic decisions and optimize business performance. The Lead Econometrician will be the go-to expert for forecasting and interpreting complex economic indicators and have a direct impact on CG’s success.

Essential Duties and Responsibilities

  • Develop, refine, and maintain econometric models to forecast market demand and revenue, tailored to various business units and geographic markets.

  • Design and implement a marketing mix model to evaluate the effectiveness and ROI of marketing investments across channels.

  • Driver Impact Modeling: Design and implement models that explain variance due to external and internal factors to help isolate what is controllable vs. uncontrollable.

  • Gather, cleanse, and integrate data from various sources; apply statistical transformations and modeling techniques; and engineer and select relevant features for analysis and model development.

  • Analyze large, complex datasets to identify trends, patterns, and relationships that influence market dynamics and business outcomes.

  • Partner with cross-functional teams, including marketing, finance, and product management, to ensure alignment between modeling insights and strategic objectives.

  • Create simulations to test the impact of market conditions, pricing strategies, and promotional activities on revenue and market demand.

  • Identify opportunities for efficiency and effectiveness in business operations by interpreting model outcomes and making actionable recommendations.

  • Present findings and recommendations to senior leadership and stakeholders in a clear and actionable manner.

  • Develop deep understanding of internal and external data.

  • Create appropriate standards and processes to ensure quality and consistency of Decision Intelligence Group solutions.

  • Direct activities of third-party contractors and consultants for specific business projects.

  • Comply with health and safety guidelines and rules; managers should also ensure compliance across their teams.

  • Protect Chamberlain Group’s reputation by keeping information confidential.

  • Maintain professional and technical knowledge by attending educational workshops, reading professional publications, establishing personal networks, and participating in professional societies.

  • Contribute to the team effort by accomplishing related results and participating on projects as needed.

Minimum Qualifications

Education/Certifications:

  • Master’s or Ph.D. in Economics, Statistics, Applied Mathematics, or a related quantitative discipline.

Experience:

  • 5+ years of relevant work experience

  • 5+ years of experience in econometric modeling and applied analytics.

  • Demonstrated expertise in building demand and revenue forecasting models.

  • Extensive experience with time-series analysis

  • Experience in marketing mix modeling and attribution.

Knowledge, Skills, and Abilities:

  • Proficient in statistical programming languages such as Python or R.

  • Experience with data visualization tools such as Power BI or Tableau.

  • Expert knowledge of econometric and statistical methods, including time series analysis, regression models, hypothesis testing, simulation, causal inference, and data aggregation.

  • Ability to work with large and diverse datasets, leveraging SQL and other database tools.

  • Excellent problem-solving and critical-thinking abilities.

  • Strong verbal and written communication skills with the ability to translate complex analyses into actionable insights for non-technical stakeholders.

  • Experience in manipulating, analyzing, and interpreting large-scale data

  • Experience scaling analytics in the cloud (e.g., Azure, Databricks)

Other:

Preferred Qualifications

Education/Certifications:

Experience:

  • Familiarity with advanced machine learning techniques and their integration with econometric models.

  • Experience with IOT, software-defined customer experiences, private equity backed companies

The pay range for this position is $97,700.00 - $184,175.00; base pay offered may vary depending on a number of factors including, but not limited to, the position offered, location, education, training, and/or experience. In addition to base pay, also offered is a comprehensive benefits package and 401k contribution (all benefits are subject to eligibility requirements). This position is eligible for participation in a short-term incentive plan subject to the terms of the applicable plans and policies.

Chamberlain Group wants all of its employees to succeed and encourages people of all backgrounds to apply. We’re proud to be an Equal Opportunity Employer, and you’ll be considered for this role regardless of race, color, religion, sex, national origin, age, sexual orientation, ancestry; marital, disabled or veteran status. We’re committed to fostering an environment where people of all lived experiences feel welcome.  

Persons with disabilities who anticipate needing accommodations for any part of the application process may contact, in confidence [email protected].


NOTE: Staffing agencies, headhunters, recruiters, and/or placement agencies, please do not contact our hiring managers directly.

Top Skills

Azure
Databricks
Power BI
Python
R
SQL
Tableau
HQ

Chamberlain Group Oak Brook, Illinois, USA Office

Chamberlain Group Global HQ Office

Our headquarters is located in the Chicagoland area. Oak Brook is home to many global company headquarters that offers great restaurants, world-class shopping and hotels. Our office is set in a peaceful, natural space that offers a walking path to enjoy the outdoors.

Similar Jobs at Chamberlain Group

6 Hours Ago
Hybrid
Oak Brook, IL, USA
98K-184K Annually
Senior level
98K-184K Annually
Senior level
Automotive • Hardware • Internet of Things • Mobile • Software • App development • PropTech
The Lead Data Product Analyst leads the design and implementation of data solutions, collaborating with stakeholders to enhance data usability, drive adoption, and support business strategies.
Top Skills: AWSAzureDatabricksPower BIPythonQlikSQLTableau
Yesterday
Hybrid
Oak Brook, IL, USA
61K-99K Annually
Mid level
61K-99K Annually
Mid level
Automotive • Hardware • Internet of Things • Mobile • Software • App development • PropTech
The Marketing Specialist will manage digital and mobile marketing campaigns, ensuring content relevance and driving brand results while collaborating with cross-functional teams and analyzing campaign performance.
Top Skills: Adobe Creative CloudFirebase Remote ConfigHybrisMicrosoft PowerpointOptimizely
Yesterday
Hybrid
Oak Brook, IL, USA
124K-216K Annually
Senior level
124K-216K Annually
Senior level
Automotive • Hardware • Internet of Things • Mobile • Software • App development • PropTech
The Sr. Product Manager will develop product strategies, manage portfolio performance, ensure profitability, and lead cross-functional teams to enhance user experiences and growth.
Top Skills: AgileScrum

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account