What are the responsibilities and job description for the ECONOMIC ANALYST TRAINEE position at Norfolk Southern Corp?
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As a Economic Analyst Trainee, you will be assigned to the Market Research and Forecast (MR&F) department within the Marketing division. Our marketing team is responsible for providing Marketing and other departments with economic, industry, statistical, and forecast information to support critical decision making. You will analyze data from internal and external sources to develop relevant insights in a variety of formats for NS stakeholders. You will be tasked with duties to support Norfolk Southern’s business review and forecasting processes, business development, and performance metrics. You may also participate on cross-functional teams with Operations, Finance, etc.to evaluate future business opportunities.
Job Responsibilities:
- Assess business, competitive, and economic climates. Identify potential impacts to Norfolk Southern’s business.
- Assist Marketing teams in the application and interpretation of economic and other forward-looking information to support the development of the corporate forecast.
- Use statistical methods and tools to develop macro-economic forecast models used by Marketing in the development of the corporate demand forecast.
- Collaborate with peers within MR&F and other Marketing groups to evaluate the company’s performance versus the demand forecast.
- Prepare reports, presentations, data, and other materials to assess NS' current performance, competitor actions, and economic and business conditions.
- Support Marketing teams in the application of Norfolk Southern’s forecasting system.
Education/Experience:
Bachelor’s/Master’s degree
Preferred Majors: Economics, Data Analytics, Management, Finance, Marketing, International Business, Statistics, Mathematics, and majors in a similar field of study will be considered
Proficient in MS office with an emphasis on Excel and PowerPoint.
Bachelor’s/Master’s degree
Preferred Majors: Economics, Data Analytics, Management, Finance, Marketing, International Business, Statistics, Mathematics, and majors in a similar field of study will be considered
Proficient in MS office with an emphasis on Excel and PowerPoint.
Qualifications/Skills:
- Solid interpersonal skills to effectively communicate with your team and leadership.
- A self-starter willing to learn about external factors influencing demand for rail transportation.
- Ability to analyze and interpret data to provide innovative solutions.
- Understanding of external factors that influence business demand and pricing.
- Eagerness to learn how the railroad operates from top to bottom and expand your knowledge/ perspective.
- Extensive time management skills.
Work Conditions:
Environment: Office
Shift Work: No
On-Call: No
Weekend Work: No
Travel Required: 0 - 4 Days per Mont
Company Overview
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America. Norfolk Southern also has the most extensive intermodal network in the eastern U.S., serving a majority of the country’s population and manufacturing base, with connections to every major container port on the Atlantic coast as well as the Gulf of Mexico and Great Lakes.
At Norfolk Southern, we believe in celebrating our individuality. By leveraging the unique backgrounds and viewpoints of our employees, we can create a culture of innovation, respect, and inclusion. We know that employees thrive in a workplace where differing viewpoints, ideas, and experiences are freely shared and valued. As such, we encourage all employees to contribute their distinctive skills and capabilities to our organization.
Equal employment opportunities are available to all applicants regardless of race, color, religion, age, sex, national origin, disability status, genetic information, veteran status, sexual orientation, and gender identity. Together, we power progress.
