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Full-Time

Economist – Mle II

Posted on 5/17/2024

Instacart

Instacart

10,001+ employees

Online platform for grocery delivery services

Food & Agriculture
Data & Analytics
Consumer Software
Social Impact
Biotechnology
Consumer Goods

Compensation Overview

$153k - $170kAnnually

+ Equity Grants

Junior, Mid

Remote in Canada

Category
Applied Machine Learning
AI & Machine Learning
Required Skills
Python
Tensorflow
R
Keras
SQL
Pandas
Requirements
  • Graduate-level research experience on data-intense problems or 1+ years of industry experience in machine learning or economics-focused roles
  • Expertise in causal inference with observational and experimental data
  • Strong engineering skills with expertise in R or Python and fluency in data manipulation (SQL, Pandas) and machine learning (scikit-learn, XGBoost, Keras/Tensorflow) tools
  • Willing and able to travel internationally based on job requirements
  • Self-motivation and a strong sense of ownership
Responsibilities
  • Help design and build end-to-end machine learning solutions
  • Work in small and cross-functional product teams with opportunities for growth and ownership of projects
  • Be an active member of an internal community sharing learnings, best practices, and research across domains
  • Develop high-impact solutions to support growth plans
  • Work closely with various teams and stakeholders to recommend and test solutions
  • Suggest and drive organization-wide initiatives

Instacart operates in the online grocery delivery market, allowing customers in North America to order groceries from local stores and chain retailers through its website or app. Customers place orders, and personal shoppers in their area pick, pack, and deliver the items, offering options for home delivery or store pickup. Instacart generates revenue through delivery fees, a subscription service called Instacart Express for unlimited free deliveries, service fees on orders, and in-app advertising from retailers and brands. The company stands out by providing same-day delivery and a 100% quality guarantee on every order, with access to a vast catalog of 1 billion products from over 500 retailers and local grocers. Instacart's goal is to be a reliable and convenient grocery delivery service, having successfully delivered millions of orders across the U.S. and Canada.

Company Stage

Series H

Total Funding

$2.5B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

4%

1 year growth

9%

2 year growth

18%
Simplify Jobs

Simplify's Take

What believers are saying

  • Instacart's collaboration with major brands and health systems can lead to diversified revenue streams and enhanced service offerings.
  • The company's leadership in the North American market and extensive retailer network provide a strong foundation for continued growth and market dominance.
  • Innovative advertising solutions, such as shoppable ads on YouTube, can significantly boost Instacart's ad revenue and attract more brand partnerships.

What critics are saying

  • Negative customer experiences, such as overcharging issues, can damage Instacart's reputation and customer trust.
  • Legal issues, like the lawsuit involving actress Angie Harmon, can lead to financial and reputational damage.

What makes Instacart unique

  • Instacart's extensive network of over 500 retailers and local grocers provides unparalleled product variety and availability compared to competitors.
  • The company's partnerships with major brands and health systems, such as Northwell Health and Welldoc, extend its service offerings beyond traditional grocery delivery.
  • Instacart's integration with platforms like YouTube for shoppable ads showcases its innovative approach to retail media and advertising.

Benefits

Go far together

Grow the pie

Roll up your sleeves

Put it all on the table

Serve generously

INACTIVE