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Full-Time

Business Intelligence Analyst

Confirmed live in the last 24 hours

Openlane

Openlane

51-200 employees

Online marketplace for wholesale vehicle transactions

Automotive & Transportation

Compensation Overview

$63k - $90kAnnually

Junior, Mid

Remote in USA

Remote option available.

Category
Business Research
Project Management
Strategy Development
Business & Strategy
Required Skills
Power BI
Sales
SQL
Tableau
Looker
Data Analysis
Requirements
  • Bachelor’s Degree in Mathematics, Economics, Computer Science, Information Management, Statistics or other Quantitative Degree (Finance, etc.) required
  • 2-5 years of experience as a data analyst/statistical analyst/model developer or reporting analyst
  • Strong knowledge in data models, simulation techniques, financial modeling
  • Strong understanding of and experience with reporting packages (Tableau, Power BI, DOMO, Looker, etc), and/or databases (SQL, etc.)
  • Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
  • Adept at queries, report writing and accurately/clearly/concisely reporting findings
Responsibilities
  • Track & analyze Customer Lifetime Value and retention by dealer segments and cohorts across business units.
  • Develop input/output business result tracking model to identify performance gaps and predict future sales performance results.
  • Examine complex business problems through data analysis and identify possible solutions.
  • Plan, execute, and analyze campaign/promotion event data to drive better Share of Wallet (SoW) or Active Users (MAU)
  • Formalize the analytics findings and track results with easy-to-consume sustainable visualization/reports.
  • Create financial and decision-making models and prepare ad-hoc analyses to support critical initiatives.
  • Work closely with management to prioritize business and information needs
  • Define new process improvement opportunities

Openlane operates an online marketplace specifically designed for car dealers in the wholesale automotive market. The platform allows dealers to buy and sell vehicles in bulk, providing access to a wide inventory that includes dealer trades, commercial vehicles, and off-lease exclusives. Openlane simplifies the buying process by offering detailed vehicle reports, which help dealers understand the specifics of each vehicle, reducing uncertainty and risk associated with purchasing used cars. Unlike many competitors, Openlane focuses on transparency and ease of use, ensuring that dealers can make informed decisions. The company's goal is to enhance the efficiency and profitability of car dealers by providing a comprehensive and user-friendly platform for vehicle transactions.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Redwood City, California

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • The introduction of Automated Absolute Sale can significantly increase sales velocity and engagement, leading to better outcomes for dealers.
  • Recent investments from firms like Susquehanna Fundamental Investments LLC and Jackson Creek Investment Advisors LLC indicate strong financial backing and growth potential.
  • The acquisition of Manheim Canada expands Openlane's market presence and enhances its inventory, providing more opportunities for dealers.

What critics are saying

  • The competitive nature of the wholesale automotive market requires continuous innovation to maintain a competitive edge.
  • Integration challenges from the acquisition of Manheim Canada could pose operational risks and affect service quality.

What makes Openlane unique

  • Openlane's Automated Absolute Sale feature allows dealers to set a price threshold, automating the sales process and capturing optimal buyer demand in real-time, a unique offering in the wholesale automotive market.
  • The platform's extensive and detailed vehicle reports reduce the guesswork and risk involved in buying used vehicles, providing a significant advantage over competitors.
  • Openlane's national reach and diverse inventory, including dealer trades, commercial vehicles, and off-lease exclusives, offer dealers a comprehensive selection that is hard to match.