Economic Analyst

Alaska Power; Anchorage (AK); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Health benefits

401K plan

Pension

Job summary

Chugach Electric Association seeks an analyst to apply economic and quantitative methods to regulatory, business, and legal challenges. You will manage professional economic assignments and contribute to planning, budgeting, and regulatory filings.

Qualifications include a bachelor’s in economics or related field and 3+ years in a utility or regulatory setting. The role involves travel, potential overtime, and collaboration with senior leadership.

Qualifications

• Knowledge of micro and macro-economic theory, econometrics and forecasting.
• Ability to evaluate results and prepare reports to support strategic decision-making.
• Working knowledge of Microsoft Office applications.

Responsibilities

• Perform complex economic and financial analysis, including proforma, net present value, discounted cash flow and forecast modeling.
• Prepare short and long-term load and sales forecasts for budget and planning.
• Facilitate studies of load and associated characteristics; ensure interval load data and related data acquisition processes.
• Assist in strategic business planning and regulatory activities, and other required ad hoc quantitative and qualitative analysis.
• Conduct research and analysis on the energy industry to develop and maintain quantitative models.
• Prepare and present reports for senior leadership, the board of directors, other utilities, and the commission.
• Perform analysis of historical and projected trends and compile analytical outputs.
• Manage the acquisition of metered and SCADA data in support of regulatory filing requirements.
• Prepare the documents and reports to support meter audits and maintenance.
• Participate in regulatory activities including general rate cases.
• Prepare routine and non-routine regulatory filings, including Beluga River Unit Gas Transfer Prices, G&T loss factor calculation, distribution line extension charges and fees, cost allocation manual, reporting of acquisition cost savings.
• Conduct analyses of operating data compared to projected cost ratios and evaluate accuracy.
• Support continuous improvement and operational efficiency by identifying areas of opportunity and sharing recommendations with management.
• Other duties as assigned.

Skills

Econometrics

Forecasting

Economics theory

Independent work

Communication skills

MS Office

Education

Bachelor’s degree in Economics, Mathematics, Business or related discipline

Tools

MS Office

Job description

This position will perform complex analysis by applying economic, finance, and quantitative principles to regulatory, business, and legal challenges facing Chugach. Manage a full range of professional economic analyst assignments in a full-functioning capacity.

Essential Functions

• Perform complex economic and financial analysis, including proforma, net present value, discounted cash flow and forecast modeling.
• Prepare short and long-term load and sales forecasts for budget and planning.
• Facilitate studies of load and associated characteristics; ensure interval load data and related data acquisition processes are in place.
• Assist in strategic business planning and regulatory activities, and other required ad hoc quantitative and qualitative analysis.
• Conduct research and analysis on the energy industry to develop and maintain quantitative models.
• Prepare and present reports for senior leadership, the board of directors, other utilities, and the commission.
• Perform analysis of historical and projected trends and compile analytical outputs.
• Manage the acquisition of metered and SCADA data in support of regulatory filing requirements.
• Prepare the documents and reports to support meter audits and maintenance.
• Participate in regulatory activities including general rate cases.
• Prepare routine and non-routine regulatory filings, including Beluga River Unit Gas Transfer Prices, G&T loss factor calculation, distribution line extension charges and fees, cost allocation manual, reporting of acquisition cost savings.
• Conduct analyses of operating data compared to projected cost ratios and evaluate accuracy.
• Support continuous improvement and operational efficiency by identifying areas of opportunity and sharing recommendations with management.
• Other duties as assigned.

Relationships

Internal

• VP, Regulatory and Economic Affairs: Report to, receive direction, guidance and decisions from.
• Other Chugach Departments: Confer with, give and receive information.

External

• Bargaining Unit Representatives
• State and Federal Agencies: Exchange information and develop relationships relative to assigned duties.
• Contractors: Coordinate with, provide and exchange information.
• Knowledge of economic and financial analysis methods.
• Ability to evaluate results and prepare reports to support strategic decision-making.
• Knowledge of micro and macro-economic theory, econometrics and forecasting, economic research and survey sampling techniques, graphic and narrative techniques.
• Proven ability to be self-motivated and work independently with minimal supervision.
• Ability to consolidate complex scenarios into takeaways and present findings
• Ability to communicate technical data to a variety of non-technical audiences.
• Must have ability to identify sensitive or confidential information and abide by confidentiality requirements.
• Proven ability to uphold ethical and professional conduct.
• Demonstrated ability to organize workflow, manage multiple priorities, and effectively utilize resources.
• Working knowledge of Microsoft Office applications.
• Effective written and oral communication skills.

Supervisory Responsibility
This position does not have any supervisory responsibilities.

Work Environment
Work is performed in a standard office environment. Some travel to remote sites may be required. This position requires some overtime and travel to meetings or conferences outside of the state.

Job Related Qualifications

Minimum Qualifications and Experience

Education
Bachelor’s degree in Economics, Mathematics, Business or related discipline, required.

Experience
Three (3) years of progressively responsible experience in a comparable role at a utility, regulatory commission or utility consulting firm required. Experience in a union environment, preferred.

Benefits Information

HEALTH BENEFITS: Premium & Deductible are paid for by Chugach Electric. The plan includes coverage of: Medical, RX, Dental & Vision, Health Savings Account (HSA), Telemedicine

FINANCIAL SECURITY: 401K Plan, Defined Benefit (Pension), Retirement Investment services, Basic Life and AD&D Insurance paid for by Chugach Electric, Supplemental Life Insurance, Short Term Disability, Long Term Disability, Flex Spending Account (Health, Limited Use, Dependent Care)

WORK, LIFE & HEALTH: 20 days vacation for first year of employment, 10 Paid Holidays + 3 Float Holidays, Employee Assistance Program, MetLife Will Preparation