Economic Analyst

Chugach Electric Careers

Anchorage (AK)

On-site

USD 90,000 - 120,000

Full time

4 days ago
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Benefits offered by this job

Health benefits
401K plan
Paid vacation

Job summary

Chugach Electric Association is seeking an experienced Economic Analyst to apply economic, financial, and quantitative methods to regulatory and business challenges in Alaska. The role involves forecasting, data analysis, and preparing reports for senior leadership and regulatory bodies.

You will manage analyses, support regulatory filings, and contribute to strategic planning. A bachelor’s degree in economics or related field and 3 years of relevant experience are required, with preference for

Qualifications

  • Bachelor's degree in Economics, Mathematics, Business or related discipline required.
  • Three years of progressively responsible experience in a comparable role required.
  • Experience in a union environment preferred.

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.
  • Prepare documents and reports to support regulatory filings and audits, and present findings to leadership.
  • Support regulatory activities and strategic business planning with quantitative analyses.

Skills

Economic analysis
Forecasting
Data interpretation

Education

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

Tools

Microsoft Office

Job description

Summary

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.
Competencies
  • 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.

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

Company Description

Chugach Electric Association is a member-owned cooperative, headquartered in Anchorage, Alaska's largest city. Anchorage itself sits at the base of the Chugach Mountains. Chugach is pleased to provide reliable, affordable power to more than 92,000 members from Anchorage to the northern Kenai Peninsula, and from Whittier on Prince William Sound to Tyonek on the west side of Cook Inlet. We service over 113,000 locations with 3,782 miles of transmission and distribution lines. We have many services that make it easy to power homes and businesses with Chugach.

A little more about us: Chugach has been around for a long time, recently celebrating 75 years! We are a stable company, in a stable industry. And while we may have stability, we are modern, sustainable and forward-thinking to ensure that we provide reliable services for generations to come. We also pride ourselves on the longevity of our employees. We have several 20, 30 and 40 + year tenured employees who continue foster an inclusive, innovative corporate environment. Find your spark!

Chugach's Corporate Vision

Responsibly developing energy to build a clean, sustainable future for Alaska.

Chugach's Corporate Mission

We provide safe, reliable, and affordable electricity through superior service and sustainable practices, powering the lives of our members.

Chugach's Corporate Values

Guided by our values of safety, accountability, and sustainability, we are committed to serving our members, the community, and the Chugach team.

Equal Employment Opportunity

It is a policy of Chugach Electric Association, Inc., to recruit, hire, train, promote, and compensate persons without regard to race, color, religion, national origin, sex, marital status, pregnancy, parenthood, physical or mental disability, veteran's status, age, or any other classification protected by applicable, federal, state, or local law.

Chugach is also an affirmative action employer.

Chugach Electric does not sponsor employment visas. Applicants must be authorized to work in the U.S. at the time of application and throughout employment. Employees must be able to provide documentation to Chugach Electric to show their identity and authorization to work.

Benefits
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
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