Sr Rate Analyst

Exelon Corporation; Northern (KY); Hybrid; USD 86,000 - 119,000; Full time

Benefits offered by this job

Medical, dental and vision insurance

Life and disability insurance

401(k) match

Generous paid time off

Job summary

Exelon Corporation is seeking a financial/regulatory professional to prepare cost-of-service studies, review tariffs, and support rate design for retail electric services. The role requires strong analytical skills and experience with regulatory filings, bill impact analyses, and data requests.

The position entails collaboration with multiple departments to implement tariff revisions, with potential extended hours during storms or energy delivery emergencies.

Qualifications

• BA or BS degree in finance, economics, engineering or related field.
• Strong analytical and detail orientation across complex subject matter.
• Excellent written and oral communication skills.
• Proficiency with word processing, spreadsheet, and presentation software.

Responsibilities

• Prepares regulatory filings for new or revised tariffs for retail electric services.
• Provides QA on analyses and tariff-related documents.
• Collaborates on cost of service studies and related analyses.
• Develops methods for rate design analyses and bill impact studies.
• Reviews tariffs and drafts tariff language; responds to inquiries.

Skills

Analytical skills

Detail orientation

Communication skills

Word processing/spreadsheets/present

Education

BA or BS degree

Job description

Who We Are

We're powering a cleaner, brighter future. Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient. We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive. In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. Are you in?

Primary Purpose

Obtains and compiles necessary internal data/information and assists in the preparation of cost-of-service studies. Performs and reviews analyses related to cost of service, rate design, and pricing of retail electric services, including the evaluation of impacts on the Company and its customers. Prepares various informational filings. Reviews new tariffs and revisions to existing tariffs for the provision of retail electric services. Prepares information used in rate related regulatory proceedings, reports filed with regulatory bodies, and external communications related to retail rate proposals. Participates with other Company departments to evaluate, develop and implement procedures associated with new tariffs and revisions to existing tariffs. Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

Primary Duties

• Prepares and assists with preparation of regulatory filings for new tariffs or revisions to existing tariffs for the provision of retail electric services. Prepares and submits informational filings containing prices for retail electric services determined pursuant to formulae and related provisions in approved tariffs and the associated work papers supporting the determination of these prices. (20%)
• Provides quality assurance and recommendations in the review/referencing of a wide variety of analyses and information produced by the department using analytical and attention to detail skills. (15%)
• Collaborates in the development and preparation of cost of service studies. Performs specialized analyses within such studies for others' use utilizing analytical skills. (15%)
• Performs and reviews analyses related to rate design and pricing of retail electric services, including preparing typical bill reports, bill impact studies, and related reporting requirements for filing with regulatory agencies and for external communications related to retail rate proposals. Develops computerized methods for use in analyses. (15%)
• Reviews new tariffs and revisions to existing tariffs for retail electric services, including drafting tariff language. Responds to inquiries regarding the design and application of rates for the provision of retail electric services to organizations within the Company. (15%)
• Prepares and reviews responses to data requests in regulatory proceedings and required reports to regulatory bodies. (10%)
• Assists other areas in the Company in developing procedures and communications related to new tariffs and revisions to existing tariffs. (10%)

Job Scope

• Direct supervisory responsibilities are minimal in nature but include the provision of guidance and oversight to the department's bargaining unit clerical staff with respect to work related to the preparation and distribution of tariffs and reports. In addition, supervisory responsibilities may occasionally include project leadership role. Work leadership is necessary to provide peers guidance in the preparation and development of tariff spreadsheet applications, in the review and evaluation of tariff applications and in providing counsel to others in interpreting and explanations of tariffs. Work leadership is also provided through provision of quality assurance and quality control in review of peer's work.
• Requests for information or analyses are usually performed independently and are subject to review.
• Contact with other business units and outside parties requires comprehensive written and oral communications, initiative, judgment and appropriate course of action. Tact, persuasiveness, and perseverance must be utilized.
• Participation as the department representative on various cross-functional Company projects.
• Work is somewhat diversified in nature but consists of generally related activities. Decision making authority is related to the completion of projects and assignments. Initiative and judgment are required in determining appropriate courses of action.
• Work involves the use of computer word processing at an average proficiency level and the use of spreadsheet, and database applications at an advanced proficiency level.

Minimum Qualifications

• BA or BS degree and 4-8 years relevant experience, with a minimum of 2-4 years in Company areas relating to finance, regulatory activities, or retail rate application, OR in lieu of bachelor's degree, 6-9 years of relevant experience is required.
• Proficiency in word processing, spreadsheet, and presentation programs
• Strong analytical and detail orientation skills on a diverse range of subject matter
• Strong written and oral communication skills
• Ability to work independently and in team settings with minimal supervision

Preferred Qualifications

Degree in engineering, business, economics, or financial discipline

Benefits

• Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors: $86,400.00/Yr. - $118,800.00/Yr.
• Annual Bonus for eligible positions: 15%
• 401(k) match and annual company contribution
• Medical, dental and vision insurance
• Life and disability insurance
• Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
• Employee Assistance Program and resources for mental and emotional support
• Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
• Referral bonus program
• And much more

Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.