Prin Rate Analyst

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, 19,000 colleagues strong serving more than 10 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).

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: PRIMARY PURPOSE OF POSITION

Coordinates, develops, prepares, and reviews analyses addressing cost of service, rate design, and pricing of retail electric services, including the evaluation of impacts on the Company and its customers. Actively participates in rate-related regulatory proceedings, including expert witness activities. Recommends, creates, and coordinates the development of new tariffs and revisions to existing tariffs for the provision of retail electric services, and provides guidance, instruction, and support to various parties with respect to the application of the Company's tariffed services. Advises the Director/Manager of Retail Rates on matters related to rate economics, administration, and the need for new or revised tariffs. Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.

Primary Duties: PRIMARY DUTIES AND ACCOUNTABILITIES

• Coordinates, develops, performs, and reviews analyses for rate design and pricing of retail electric services, including evaluation of impacts on the Company and its customers, to ensure appropriate recovery of the Company's costs in providing retail tariffed services, using financial and strategic policy knowledge and analytical skills. (20%)
• Recommends, creates, and coordinates the development of new tariffs and revisions to existing tariffs for retail electric services, using knowledge of the financial and operational requirements of providing such services and organizational and written communication skills. (20%)
• Actively participates in rate-related regulatory proceedings, including expert witness, testimony preparation, data request response, and other information provision activities, using financial and strategic policy knowledge and written and oral communication and organizational skills. (20%)
• Coordinates and evaluates the development, performance, and review of cost of service studies, using financial and strategic policy knowledge and analytical skills. (10%)
• Provides functional direction, leadership, instruction, and guidance to others within the department and on project teams, using team leadership, judgment, and communication skills. (10%)
• Develops and prepares, for parties within and outside the Company, presentations and responses to inquiries regarding cost of service, rate design, and application of retail electric service tariffs using expert knowledge and communication and organizational skills. (10%)
• Reviews and provides quality assurance for the preparation of information and analyses produced by others within the department using analytical and attention to detail skills. (10%)

Job Scope: JOB SCOPE

• Day to day supervisory responsibilities are project and functional in nature and include the provision of guidance and oversight to the department's clerical staff with respect to work related to the preparation, distribution, and filing of tariffs and reports. Work leadership involves providing functional direction, expert guidance, and support to others, and reviewing others' work.
• Work is diversified and complex in nature. Work involves the understanding and application of financial concepts and Company regulatory policies. Work also involves the application of expert judgment, initiative, and ingenuity. Work often involves the need to complete important assignments under severe time constraints and changing conditions. Work includes the mathematical design and development of retail electric rates to recover the Company's costs to provide service from various customer groups in an equitable fashion. Work includes the creation, revision, and review of tariff language, testimony, data request responses, contracts, legal briefs, regulatory orders, and internally and externally distributed informational and instructional tariff-related material. Work includes active participation in regulatory proceedings, including consultant and expert witness activities.
• Work includes contact with people that are internal and external to the Company. Work involves the application of interpersonal, expert judgment, and functional direction skills in team and consultant activities. Work includes the provision of expert opinions and advice to internal and legal counsel and others during the course of regulatory proceedings. Work includes interaction with members of the public utility commission staff (e.g., the Illinois Commerce Commission Staff) and other parties involved in the electric utility industry.
• Work involves the use of computer word processing, spreadsheet, and presentation applications.
• Work is subject to periodic review.
• Work is almost entirely confined to an office setting.

Minimum Qualifications: MINIMUM QUALIFICATIONS

• BA or BS degree and 7-10 years of relevant experience. In lieu of degree, 9-12 years of relevant experience.
• Working knowledge of word processing, spreadsheet, and presentation programs
• Excellent written and oral communication skills
• Excellent analytical and organizational skills
• Ability to work independently and in team settings with minimal supervision

Preferred Qualifications: PREFERRED QUALIFICATIONS

• Degree in engineering, business, economics, or financial discipline
• Experience in utility environment in areas related to finance, regulatory activities, or retail rate application
• Experience as an expert witness in regulatory proceedings
• 3-5 years of supervisory experience.

Benefits: Benefits

• Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $102,400.00/Yr. – $140,800.00/Yr.
• Annual Bonus for eligible positions: %
• 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.