Quantitative Research Analyst

Xcel Energy; Honolulu (HI); On-site; USD 92,300 - 130,566; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

Dependent Care Reimbursement Account

Health Care Reimbursement Account

Health Savings Account

Short-term disability

Long-term disability

Employee Assistance Program

Tuition reimbursement

Transit programs

Pension

401(k) plan

Paid time off (PTO)

Holidays

Parental Leave

Job summary

Xcel Energy in Honolulu, Hawaii seeks a senior load research analyst to discover insights from load and gas research data using statistical, algorithmic, mining, and visualization techniques.

You will oversee junior analysts and deliver timely analyses to multiple business units in a regulated environment, guiding strategic studies and forecasting efforts.

Qualifications

• Bachelor's degree in economics, engineering, mathematics, physics, quantitative analysis, business or related discipline; 5+ years electric utility experience.
• Graduate degree is desirable.

Responsibilities

• Guide analysts in load research analytics and major projects.
• Ensure integrity of historical, subscription, and forecast data.
• Conduct load research studies for internal use across departments.
• Prepare strategic statistical analyses for rate cases, system planning, and compliance.
• Collaborate with business units to ensure accurate load analytics in a regulated environment.
• Provide regulatory and technical advice to meet business needs.
• Respond to analysis requests for regulatory filings.
• Produce forecasting and risk assessment proposals and reports.
• Plan and implement strategic load research projects.
• Ensure results feed into cost-of-service studies, pricing, DSM/load management, planning, and power purchases.

Skills

Quantitative analysis

Attention to detail

Education

Bachelor's degree (economics/engineering/math/physics/quantitative analysis/business)

Graduate degree desirable

Tools

SAS

Python

R

Job description

Position Summary

Participate in an econometrics, technical, statistical, and intuitive expert consulting group that gives technical expertise and support to multiple business units. Responsible for discovering insights from load research data through the use of statistical, algorithmic, mining and visualization techniques. Oversees and supports the work of lower level load research analysts. Provide timely and accurate load and gas research analysis.

Essential Responsibilities

• Prepare and guide other analysts in the preparation of all major load research, analytics endeavors, and departmental load analysis responsibilities.
• Be an advocate for integrity of internal historical data, subscription data, and forecast data.
• Perform company's load research studies for use by various departments consistent with industry standards.
• Prepare strategic statistical analysis, reports, and actionable recommendations on the electric and gas load characteristics within all state service territories as input to rate cases, system planning, and compliance.
• Work with the Manager of Load Research and various business units to ensure accurate Load Research, analytics, and load analysis in a regulated environment.
• Coordinate with business units and provide them expert technical, statistical, and regulatory advice in meeting their business needs.
• Respond to requests for analyses by business units and for regulatory filings.
• Help produce forecasting and risk assessment proposals, analyses, and summary reports to support various business unit objectives.
• Conduct ad hoc analysis and load research projects.
• Plan, design, and implement strategic load research projects.
• Ensure that results of load and gas studies are an accurate key input to rate class cost of service studies, pricing design, peak forecasting, DSM/load management program planning, transmission and distribution system planning, and power purchases.

Minimum Requirements

• Bachelor of Science or Bachelor of Arts degree in economics, engineering, mathematics, physics, quantitative analysis, business or a related discipline, or equivalent experience (two years professional related experience equivalent to one year of college), in addition to 5 years or more of electric utility or equivalent experience.
• Quantitative analysis skills and experience with or the ability to learn SAS, Python, R or similar analytics software platforms.
• Able to handle multiple assignments with a high level of attention to detail.
• Graduate degree is desirable.

Pay and Benefits

Anticipated starting base pay: $92,300.00 to $130,566.66 per year

• Annual Incentive Program
• Medical/Pharmacy Plan
• Dental
• Vision
• Life Insurance
• Dependent Care Reimbursement Account
• Health Care Reimbursement Account
• Health Savings Account (HSA) (if enrolled in eligible health plan)
• Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
• Transportation Reimbursement Account
• Short-term disability (STD)
• Long-term disability (LTD)
• Employee Assistance Program (EAP)
• Fitness Center Reimbursement (if enrolled in eligible health plan)
• Tuition reimbursement
• Transit programs
• Employee recognition program
• Pension
• 401(k) plan
• Paid time off (PTO)
• Holidays
• Volunteer Paid Time Off (VPTO)
• Parental Leave

Equal Employment Opportunity

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at [e-mail].