Economist IA221126

State of Missouri; Jefferson City (MO); On-site; USD 52,000 - 78,000; Full time

Benefits offered by this job

Health insurance

Paid holidays

Pension plan

Flexible work schedules

Tuition reimbursement

Leave benefits

Job summary

The Missouri Public Service Commission, a part of the State of Missouri, seeks an analyst to support tariff and rate design. The role applies quantitative economic methods to utility ratemaking and may involve travel.

You will develop billing units, perform class cost-of-service studies, and prepare recommendations for formal cases. A bachelor’s degree in economics and strong analytical skills are required; teamwork and communication are essential.

Qualifications

• Bachelor's degree in economics from an accredited four-year college.
• 0-6 years of relevant experience.
• Experience with spreadsheets and word processing is essential.
• Additional computer simulation and database experience is preferred.
• Ability to work well in a team environment.
• Experience with statistical, regression modeling and/or weather normalization is preferred.

Responsibilities

• Apply quantitative economic methods and statistical analysis to topics that have impacts in utility ratemaking.
• Weather-normalization of utility sales and revenues.
• Perform class cost-of-service studies.
• Develop billing units and revenues.
• Formulate load research studies.
• Determine rate impacts.
• Requires extremely detailed verification of analyses presented by regulated utilities, consultants, and other interested parties.
• Develop and make recommendations to the Commission based on the results of their quantitative economic analysis.

Skills

Statistical analysis

Teamwork

Communication

Economic reasoning

Education

Bachelor's degree in economics

Tools

Spreadsheets

Word processing

Computer simulation

Database experience

Job description

This position is located at 200 Madison Street, Jefferson City, MO 65102

Why You'll Love This Position

The Missouri Public Service Commission regulates investor-owned electric, natural gas, steam, water and sewer utilities in Missouri, in addition to manufactured housing. We ensure that Missourians receive safe and reliable utility services at just, reasonable and affordable rates. The Tariff/Rate Design Department evaluates and makes recommendations on all investor-owned electric tariff filings; participates in almost all formal cases such as rate, complaint, application, territorial agreements, sales, mergers etc. by providing technical support and expertise; performs rate design, weather normalization and class cost-of-service studies and defends the results of those studies in formal cases before the Commission; and monitors issues and developments affecting the electric industries in Missouri.

• Apply quantitative economic methods and statistical analysis to topics that have impacts in utility ratemaking.
• Analyses may include weather-normalization of utility sales and revenues.
• Perform class cost-of-service studies.
• Develop billing units and revenues.
• Formulate load research studies.
• Determine rate impacts.
• Requires extremely detailed verification of analyses presented by regulated utilities, consultants, and other interested parties.
• Develop and make recommendations to the Commission based on the results of their quantitative economic analysis of the issues.
• Position may require occasional in and out of state travel.

Minimum Qualifications:

• Bachelor's degree from an accredited four-year college or university in economics and;
• 0-6 years of relevant experience.
• Experience with spreadsheets and word processing is essential.
• Additional computer simulation and database experience is preferred.
• The ability to work well in a team environment is a must.
• Experience with statistical, regression modeling and/or weather normalization is preferred.
• Must possess good communication and interpersonal skills.

The State of Missouri offers an excellent benefits package that includes a defined pension plan, generous amounts of leave and holiday time, and eligibility for health insurance coverage. Your total compensation is more than the dollars you receive in your paycheck. To help demonstrate the value of working for the State of Missouri, we have created an interactive Total Compensation Calculator. This tool provides a comprehensive view of benefits and more that are offered to prospective employees. The Total Compensation Calculator and other applicant resources can be found at https://pers.oa.mo.gov/applicants.

• Health insurance 1st of the month following start date.
• 10 hours of paid sick and vacation time each month.
• 13 paid holidays.
• Optional life, medical, dental, and vision coverage.
• State employee pension plan and deferred savings program.
• Potential flexible work schedules, physical fitness opportunities, and tuition reimbursement.