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Manager, Data Science - Pricing Algorithms

Pay
Pay amount needs review — pay source
The annual salary for this position is: $120,400.00 - $192,600.00May be eligible for bonus and equity. Benefits:
Read the full posting
Work setting
Not stated
Employment
Full-time — employment source
Employment type in the employer’s posting: Full time
From the employer’s posting

Before you apply

Work authorization
Must already have the right to work in the USApplicants must be currently authorized to work in the United States on a full-time basis

What you’ll work on

Full posting
  • Develop new pricing models and improve existing ones

  • Apply feature engineering to large, complex pricing data sets

  • Design controlled experiments to measure the business value of new models

  • Present insights and recommendations to senior leaders

  • Shape the team's modeling capability strategic roadmap

From the employer’s posting
Develop new models and improve our existing models
Analyze, validate, and apply feature engineering to large and complex pricing-related data sets
Design controlled experiments to assess the business value of new models
Present insights and recommendations to senior leaders to drive change
Influence the team in the development of our modeling capability strategic roadmap

What you’ll bring

All qualifications

Core experience

  • Four-year undergraduate degree with strong academic performance
  • Solid math, computer science, and machine learning skills
  • Experience managing own projects and delivering timely results
  • Must be currently authorized to work in the US full-time
Qualification wording
Four year undergraduate degree with exceptional academic performance
Solid foundational math, computer science, and machine learning skills
Experience managing your own projects and delivering timely results
Applicants must be currently authorized to work in the United States on a full-time basis.
Education & alternatives
- 4+ years experience in strategy, analysis, data science, or related field - Four year undergraduate degree with exceptional academic performance (Masters or Ph.D. in an analytical field is a plus) 3) Ability to influence the team’s results

About Carmax

Along the way, we help every associate grow their career and achieve their best, at work and in their community.

In the employer’s words · Read in context

Apply at Carmax

Posting record

Report an error

Open 5 monthsWe first saw this posting 174 days ago and it is still up. Roles open this long are often slow to fill or kept open to collect applications.

Status in our records
Live
First seen by us
May 16, 2026174 days ago
Recorded sightings
286
Last seen by us
Nov 6, 2026

These dates show when we found the posting. Check the employer’s website to confirm it is still accepting applications.

How this job compares

Pay

$118K–$193K is typical

The middle half of what similar US postings state. This one doesn’t list pay.

From 3,721 postings in the last year. Stated ranges, not salaries paid.

Time since we first saw it

Day 174

Up longer than most. Similar jobs usually come down between day 7 and day 56.

Well past Carmax’s usual: its jobs come down by about day 52.

From 10,297 similar postings that came down, and 24 of Carmax’s. Coming down is not always a hire.

Carmax is hiring

15 open jobs

Open jobs by the week we first saw them, last 12 weeks.

  • Hiring at a steady pace
  • Takes jobs down at a usual pace
  • 13% of open jobs were reposted
Hiring record

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Has Carmax posted this job before?

Yes. We’ve followed one other Manager, Data Science - Pricing Algorithms job there since October 2026. It came down after 1 day.

  1. This jobUp 174 days so far, first seen May 16
  2. Place not statedCame down after 1 day, first seen Oct 26

About Carmax

People
About 29,514 in 2025.Benefit plan filings (Form 5500)
Company
Listed as KMX.

Demand for Data Scientist roles

New Data Scientist postings at the employers we follow are down 3% over the last 5 weeks compared with the 5 before.

Weekly new Data Scientist postings at the same employers, from the week of August 17 to the week of October 26. The fewest in a week was 1,411, the most 2,973, and the latest week had 1,826.
August 17Last week

Each bar is one week of new postings. The darkest bars are the last 5 weeks.

Counted from the hiring pages we’ve followed for at least five weeks, so employers we add don’t look like growth. Updated weekly.

About the role

We file this job under Data Scientist, by the work the posting describes.

Data scientists use statistics and models to answer harder questions, such as whether a change worked, what demand will look like next quarter, or which customers are likely to leave.

Postings usually ask for Python or R, SQL, statistics, experiment design and common machine learning methods.

Unlike an ML engineer, a data scientist's main output is often an analysis or a first model, not software running inside a product.

US government figures for data scientists

Median yearly pay, May 2025
$120,230
Expected change, 2025 to 2035
34.6% more jobsagainst 3.5% for all jobs

Source: US Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025) and Employment Projections (2025 to 2035). Occupation code 15-2051.

Job description

View original posting ↗

8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia, 23238

CarMax, the way your career should be! 

Job Description

The primary responsibility for the Pricing team is to accurately and systematically value each individual car that we buy and sell. Last year, CarMax sold over 1 million vehicles and appraised over 2 million vehicles, and Pricing directed over $20B in spend to purchase inventory. To properly value these vehicles, our data scientists must develop algorithms that best reflect customer preferences for each vehicle’s unique characteristics and that effectively respond to constantly changing consumer demand, wholesale auction supply, and other global/local market conditions.

What You Will Do – Essential Responsibilities

1) Develop new models and improve our existing models

  • Analyze, validate, and apply feature engineering to large and complex pricing-related data sets
  • Find creative ways to incorporate new insights and data sources
  • Leverage statistical / machine learning techniques and sound reasoning to develop, validate, and improve predictive models
  • Design controlled experiments to assess the business value of new models
  • Present insights and recommendations to senior leaders to drive change

2) Help CarMax continue to develop its data expertise

  • Research innovations and best practices related to data sources, modeling methodologies, and data science tools
  • Influence the team in the development of our modeling capability strategic roadmap

3) Effectively communicate how our models work to team members, both at a general level and a detailed level  

Purpose of the Role

CarMax relies on algorithms to make important decisions about which cars to buy, how to price them, and how to allocate them across our 200+ stores. Doing so ensures that we have the right cars at the right prices to meet our customers’ needs. As we continue to innovate our business and shift more of our buying and selling online, we increasingly need to make these decisions quickly with less human intervention. Our team of data scientists plays a critical role in unlocking the business value from these innovations.

Qualifications and Requirements

To be successful for this role, a candidate must demonstrate the ability to consistently deliver at a high level on the responsibilities listed above.  A few of the competencies that will position you for success are:

1) Strong modeling skills and a desire to continue to grow those skills

  • Exceptional logical reasoning skills
  • Passion for using analytics in problem solving

2) Solid foundational math, computer science, and machine learning skills

  • 4+ years experience in strategy, analysis, data science, or related field
  • Four year undergraduate degree with exceptional academic performance (Masters or Ph.D. in an analytical field is a plus)

3) Ability to influence the team’s results

  • Experience managing your own projects and delivering timely results
  • Record of building and maintaining strong working relationships
  • Ability to explain standard or novel modeling methods

4) Desire to develop into an effective technical leader and/or people manager

Work Location and Arrangement: This role will be based out of the CarMax Technology Innovation Center (Richmond, VA) and associates will work onsite 4 days per week

Work Authorization: Applicants must be currently authorized to work in the United States on a full-time basis.  Sponsorship will not be considered for this specific role

About CarMax

CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation’s largest retailer of used cars, with over 200 locations nationwide.

Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community.  We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®.

CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law.

The annual salary for this position is:

$120,400.00 - $192,600.00

May be eligible for bonus and equity.

Benefits:

Except as otherwise required by state law, CarMax Associates are entitled to the following paid sick, vacation, and holiday time.

Associates that are considered full-time hourly or commission/incentive eligible:

  • To earn up to 48 hours of sick time per year accrued on a per pay period basis and between 80 hours and 200 hours per year of vacation time after a 90 day waiting period depending on years of continuous service with the Company. 
  • For 8 hours of pay for each of a total of 6 paid scheduled holidays per year plus 1 floating holiday.  If such an Associate does work on a scheduled holiday due to business need, they are eligible for Holiday Premium Pay. 

Associates considered full-time salaried are entitled to paid time away with no specified limit as needed for sick, vacation, bereavement, jury duty, holidays, floating holiday, etc. subject to manager approval. 

For more details about benefits, please visit our CarMax Benefits website.

Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.

Source details

View original posting ↗

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Pay
The annual salary for this position is: $120,400.00 - $192,600.00May be eligible for bonus and equity. Benefits:
Location & working pattern

Corporate - Richmond

Benefits: Except as otherwise required by state law, CarMax Associates are entitled to the following paid sick, vacation, and holiday time. Associates that are considered full-time hourly or commission/incentive eligible:
Work authorization
Work Location and Arrangement: This role will be based out of the CarMax Technology Innovation Center (Richmond, VA) and associates will work onsite 4 days per week Work Authorization: Applicants must be currently authorized to work in the United States on a full-time basis. Sponsorship will not be considered for this specific role About CarMax

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