Sr Rate Analyst

Job Description

Description

Be a part of something powerful at America's leading energy provider!

At Exelon, our people are the heart and soul of our business. Whether it's powering lives, supporting communities or collaborating with colleagues, an Exelon employee is talented, compassionate, forward-thinking and inspired. We are a Fortune 200 company united by our values and shared vision for a cleaner and brighter future. We encourage curiosity, value diverse perspectives and we never stop looking for ways to be, work and do better. We know the future is in our hands. That's why we're looking for people like you, who have the power to make a difference.

As the nation's largest utility company, we serve more than 10 million customers through six fully regulated transmission and distribution utilities -- 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). All 18,000 of us are committed to delivering safe, reliable and affordable energy to our customers, strengthening our communities, supporting a clean energy future and reducing our impact on the changing climate.

Our people are empowered to evolve and advance their careers in an open and inclusive environment. We pride ourselves on being the kind of place where people want to come, stay and grow -- whether that's in the role and path they start in or in new and exciting career opportunities across our business. We know that investing in our employees' futures strengthens ours, which is why we offer competitive compensation, incentives, opportunities for career path changes, and health and retirement benefits.

PRIMARY PURPOSE OF POSITION

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, including 24 x 7 coverage during storms or other energy delivery emergencies.

PRIMARY DUTIES AND ACCOUNTABILITIES

• 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 other's 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.

Qualifications

MINIMUM QUALIFICATIONS

• BA or BS degree and 5 - 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, 9 - 12 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