The Knot Worldwide · 20 hours ago
Lead Machine Learning Scientist, Pricing
New York City
Full-time
Hybrid
Senior Level, Lead/Staff
3+ years expThe Knot Worldwide is a company that champions celebration, focusing on meaningful moments for millions. They are seeking a Lead Machine Learning Scientist to develop pricing strategies through advanced economic modeling and machine learning techniques to optimize value for their marketplace.
LifestyleLocal AdvertisingMarketplaceMedia and Entertainment
Responsibilities
Strategic Leadership: Partnering with the VP of monetization to translate complex economic insights into actionable business and pricing strategies
Structural Demand Modeling: Researching, developing, and maintaining hierarchical Bayesian models to estimate price elasticities across heterogeneous vendor segments and utilize these models to inform dynamic pricing and subscription tiering decisions
Auction Mechanism Design: Designing and optimizing the bidding algorithms for our vendor advertising platform and simulating auction formats to maximize revenue and ecosystem health
Marketplace Simulation: Building an “Auction Gym” (agent-based model) to stress-test pricing policies and understand complex feedback loops before production deployment
Causal Inference & Experimentation: Designing rigorous market-level experiments (Switchback, Synthetic Control) to measure the true incremental impact of pricing interventions
Vendor Supply Estimation: Using dynamic discrete choice models to estimate vendor opportunity costs and labor supply elasticity
Qualification
Required
A PhD in Economics (Industrial Organization), quantitative marketing, operations research, or computer science (algorithmic game theory)
A minimum of 3+ years of experience in a two-sided marketplace or an economic consulting firm
Demonstrated experience and deep understanding of structural estimation, mechanism design, and causal machine learning
Experience in designing and implementing auction-based pricing models
Expert proficiency in Python or R; experience with causal inference libraries (EconML, CausalML) and optimization solvers
A collaborative attitude that fosters a culture of data-driven decision making across the organization
An innovative spirit that thrives on exploring new ideas and approaches to solve challenging problems
Benefits
Flexible vacation
Generous parental leave
Initiatives that support the growth, development, and happiness of our people
Company
The Knot Worldwide
The Knot Worldwide helps couples navigate and enjoy life’s biggest moments together.
1001-5000 employees
H1B Sponsorship
The Knot Worldwide has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (6)
2024 (3)
2023 (4)
2022 (3)
2021 (6)
2020 (5)
Funding
Current Stage
Public CompanyTotal Funding
$19.6MKey Investors
QVCHummer Winblad Venture PartnersAOL
2018-01-01Private Equity
2011-06-27IPO
1999-04-15Series C· $15M
Leadership Team
Raina Moskowitz
Chief Executive Officer
Michael Pickrum
Chief Financial Officer
Recent News
2026-01-13
Company data provided by crunchbase