Description & Requirements
ABOUT US
Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future.
Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.
WHO YOU’LL WORK WITH
As a member of Bain’s AI, Insights and Solutions team (AIS), you’ll join a talented team of diverse and inclusive analytics and engineering professionals who are dedicated to solving complex challenges for our clients. We work closely with our generalist consultants and clients to develop data-driven strategies, build innovative solutions, and increase client capabilities. Our collaborative and supportive work environment fosters creativity and continuous learning, enabling us to consistently deliver exceptional results.
WHAT YOU’LL DO
As a member Bain’s Insights Data Science and Operations Research team within Bain’s AI, Insights and Solutions practice, you will:
- Work with consulting teams and clients to understand business problems, translate problems and objectives into data science solutions, and recommend the best data and analytic methods and tools to support these solutions
- Translate data science and OR results into business insights and recommendations using appropriate insights data science and operations research methods and tools
- Perform on large data projects including data requests and ETL to generate insights, prepare data for modelling, and to facilitate client integration
- Work with other Operations Research experts to support a broad range of operations research and optimization modelling applications – e.g. supply chain, logistics and routing, manufacturing, workforce, and spend optimization
- Build and validate data, simulation and optimization models that diagnose supply chain problems, test alternative scenarios, and identify best or optimal solutions
- Ensure standards and guidelines are being used by team to develop re-usable common frameworks, model and components that address repeatable tasks and problem/data sets in specific industries or business functions
- Share learnings and drive adoption of best demonstrated practices with your teammates in AIS about theoretical and technical developments in the rapidly evolving data science field
- Keep abreast of new and current operations research techniques and technologies
- Travel is required (~3 days every other week)
ABOUT YOU
We are looking for someone who has:
- A Master’s degree or equivalent experience in Math, Statistics, Data Science, Industrial Engineering, Operations Research or similar analytic domain
- Strong foundation combinatorial optimization modeling (particularly mixed integer programming) and heuristic algorithm development (such as genetic algorithm, simulated annealing, etc.).
- Deep math, statistical and data science foundations, including knowledge of probability distributions, linear models and extensions, unsupervised dimensionality reduction and clustering and tree-based methods. Preferably understanding of Bayesian methods
- Interest in (preferably experience in) in Supply Chain advance analytics applications, e.g. optimizing supply chain network, inventory, manufacturing, distribution, logistics, and other operations topics
- Familiarity with any optimization modeling languages/solvers (e.g. Gurobi, Xpress, Cplex, GAMS, AMPL, etc.).
- Proficiency in common data science computer programming languages (Python required)
- Strong data ETL skills, at least moderate skills with SQL required
- Good skills in data visualization and visual communication (e.g. Powerpoint slides, Tableau, etc.); experience with building simple analytic webapps (e.g. Streamlit) is preferred
- Strong abilities in problem definition and problem-solving skills
- Excellent oral and written communication skills are a must
- Must be able to discuss technical issues with a non-technical audience
- Must thrive in a fast-paced environment and be able to work independently
U.S. Compensation Information
Compensation for this role includes base salary, annual discretionary performance bonus, 401(k) plan with an annual employer contribution based on years of service and Bain’s best in class benefits package (details listed below).
Some local governments in the United States require a good-faith, reasonable salary range be included in job postings for open roles.
The estimated annualized compensation for this role is as follows:
In New York City, California, Washington State, and Washington D.C, the good-faith, reasonable annualized full-time salary range for this role is between $125,000 - $153,000; In the state of Illinois, the good-faith, reasonable annualized full-time salary range for this role is between $109,000 - $134,000. Placement within these ranges will vary based on several factors including, but not limited to experience, education, licensure/certifications, training and skill level
For all other locations, the good-faith, reasonable annualized full-time salary range for this role is commensurate with competitive geographic market rates for this role and will vary based on several factors including, but not limited to experience, education, licensure/certifications, training and skill level.
- Annual discretionary performance bonus
- This role may also be eligible for other elements of discretionary compensation
4.5% 401(k) company contribution, which increases after 3 years of service and is 100% vested upon start date - Bain & Company's comprehensive benefits and wellness program is designed to help employees achieve personal independence, protection and stability in the areas most important to you and your family.
- Bain pays 100% individual employee premiums for medical, dental and vision programs, offering one of the most comprehensive medical plans for employees without impacting your paycheck
- Generous paid time off, including parental leave, sick leave and paid holidays
- Fully vested 401(k) company contribution
- Paid Life and Long-Term Disability insurance
- Annual fitness reimbursements