Economic Analyst
About the role
This position performs complex analysis by applying economic, finance, and quantitative principles to regulatory, business, and legal challenges facing Chugach. The role manages a full range of professional economic analyst assignments in a full-functioning capacity.
Responsibilities
- Perform complex economic and financial analysis, including proforma, net present value, discounted cash flow, and forecast modeling.
- Prepare short and long-term load and sales forecasts for budget and planning.
- Facilitate studies of load and associated characteristics; ensure interval load data and related data acquisition processes are in place.
- Assist in strategic business planning and regulatory activities, and other required ad hoc quantitative and qualitative analysis.
- Conduct research and analysis on the energy industry to develop and maintain quantitative models.
- Prepare and present reports for senior leadership, the board of directors, other utilities, and the commission.
- Perform analysis of historical and projected trends and compile analytical outputs.
- Manage the acquisition of metered and SCADA data in support of regulatory filing requirements.
- Prepare documents and reports to support meter audits and maintenance.
- Participate in regulatory activities including general rate cases.
- Prepare routine and non-routine regulatory filings, including Beluga River Unit Gas Transfer Prices, G&T loss factor calculation, distribution line extension charges and fees, cost allocation manual, and reporting of acquisition cost savings.
- Conduct analyses of operating data compared to projected cost ratios and evaluate accuracy.
- Support continuous improvement and operational efficiency by identifying areas of opportunity and sharing recommendations with management.
- Other duties as assigned.
Relationships
- Internal
- VP, Regulatory and Economic Affairs: Report to, receive direction, guidance, and decisions from.
- Other Chugach Departments: Confer with, give and receive information.
- External
- Bargaining Unit Representatives
- State and Federal Agencies: Exchange information and develop relationships relative to assigned duties.
- Contractors: Coordinate with, provide and exchange information.
Requirements
- Knowledge of economic and financial analysis methods.
- Ability to evaluate results and prepare reports to support strategic decision-making.
- Knowledge of micro and macro-economic theory, econometrics and forecasting, economic research and survey sampling techniques, graphic and narrative techniques.
- Proven ability to be self-motivated and work independently with minimal supervision.
- Ability to consolidate complex scenarios into takeaways and present findings.
- Ability to communicate technical data to a variety of non-technical audiences.
- Ability to identify sensitive or confidential information and abide by confidentiality requirements.
- Proven ability to uphold ethical and professional conduct.
- Demonstrated ability to organize workflow, manage multiple priorities, and effectively utilize resources.
- Working knowledge of Microsoft Office applications.
- Effective written and oral communication skills.
Qualifications
- Education: Bachelor’s degree in Economics, Mathematics, Business, or related discipline, required.
- Experience: Three (3) years of progressively responsible experience in a comparable role at a utility, regulatory commission, or utility consulting firm required. Experience in a union environment, preferred.
About Chugach
Chugach Electric Association is a member-owned cooperative, headquartered in Anchorage, Alaska's largest city. Anchorage itself sits at the base of the Chugach Mountains. Chugach provides reliable, affordable power to more than 92,000 members from Anchorage to the northern Kenai Peninsula, and from Whittier on Prince William Sound to Tyonek on the west side of Cook Inlet. We service over 113,000 locations with 3,782 miles of transmission and distribution lines.
Chugach has been around for a long time, recently celebrating 75 years! We are a stable company in a stable industry. While we may have stability, we are modern, sustainable, and forward-thinking to ensure reliable services for generations to come. We pride ourselves on the longevity of our employees, with several 20, 30, and 40+ year tenured employees fostering an inclusive, innovative corporate environment.
Corporate Vision
Responsibly developing energy to build a clean, sustainable future for Alaska.
Corporate Mission
We provide safe, reliable, and affordable electricity through superior service and sustainable practices, powering the lives of our members.
Corporate Values
Guided by our values of safety, accountability, and sustainability, we are committed to serving our members, the community, and the Chugach team.
Supervisory Responsibility
This position does not have any supervisory responsibilities.
Work Environment
Work is performed in a standard office environment. Some travel to remote sites may be required. This position requires some overtime and travel to meetings or conferences outside of the state.
Benefits
Health Benefits
- Premium & Deductible are paid for by Chugach Electric.
- Plan includes coverage of: Medical, RX, Dental & Vision.
- Health Savings Account (HSA).
- Telemedicine.
Financial Security
- 401K Plan.
- Defined Benefit (Pension).
- Retirement Investment services.
- Basic Life and AD&D Insurance paid for by Chugach Electric.
- Supplemental Life Insurance.
- Short Term Disability.
- Long Term Disability.
- Flex Spending Account (Health, Limited Use, Dependent Care).
Work, Life & Health
- 20 days vacation for first year of employment.
- 10 Paid Holidays + 3 Float Holidays.
- Employee Assistance Program.
- MetLife Will Preparation.