Rates Analyst V

LocationNewark, NJ
Salary$101,600-$160,900

About This Job


Requisition: 81975


PSEG Company: PSEG Services Corp.

Salary Range: $ 101,600 - $ 160,900


Work Location Category: Hybrid Fixed

PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow. In support of this model, roles have been categorized into one of four work location categories:

Onsite are roles that have specific onsite requirements and are typically onsite daily.

Hybrid fixed are roles that are a blend of onsite work/in-person interactions with some ability to work remotely and require employees to live within a commutable distance and be onsite fixed days each week.

Hybrid flexible are roles that can be performed remotely but require some level of onsite work/in-person interactions on a regular basis, require employees to live within a commutable distance and, since business needs vary by position and may change over time, managers will set expectations and flexibility regarding where and when work is performed.

Fully remote are roles that can be performed remotely, require employees to live in approved states and will have purpose-driven in-person interactions on occasion.

We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, well-being and behavioral health programs. We also offer a retirement program, 401(k) with company match, company paid life insurance, tuition reimbursement and a minimum of 18 days of paid time off per year (including vacation, scheduled holidays, and floating holidays).

PSEG offers a unique experience to our more than 12,000 employees – we provide the resources and opportunities for career development that come with being a Fortune 500 company, as well as the attention, camaraderie, and care for one another you might typically associate with a small business. Our focus on combatting climate change through clean energy technology, our new net zero climate vision for 2030 and enhanced commitment to diversity, equity, and inclusion; and supporting the communities we serve make this a particularly exciting time to join PSEG.


Job Summary

Support and assist in developing goals of the Rate Department through tracking functions, website management, research, updating and documenting complex spreadsheets, and analytics as directed by the Rates Manager or others on the Team. Provide technical and cost analysis to develop and gain regulatory approval for electric and gas rate design and tariff special provisions, terms, conditions. Provide expert recommendations based upon the completion of technical and costs analysis designed to seek approval for electric and gas rate design and other regulatory filings. The group works collaboratively with its Utility clients, including Utility Finance and Accounting, Legal, Communications, and others.


Job Responsibilities

Prepare technical and costs analyses to support electric and gas design, tariff special provisions and terms and conditions; analyze results and identify areas of opportunities.

Prepare filings for periodic updates of certain tariff sheets; draft responses to intervener interrogatories related to rate filings or issues.
Preparation of reports or analysis specifically requested by management and in support of regulatory filings; provide recommendations on results of these to management.
Draft responses to intervener interrogatories related to rate filings or issues. Write testimony, edit settlement documents, review intervenor proposals related to proceedings in front of the Board.
Provide guidance to Computer Programmers and Customer Operations regarding new rate strictures and new rates utilized in the customer billing system.
Prepare survey responses, bill analyses and comparisons of state, regional and national utilties; complete other rate related tasks as assigned by the Rates Manager.
Update Company website as needed for various tariff and other requirements and update certain customer bill charges in the billing system.


Job Specific Qualifications

8+ years relevant experience and Bachelor's Degree


Other Skills/Qualifications

Desire to be challenged, expand professional knowledge and take on more responsibility over time
Good planning, organizing, and creative problem-solving skills
Strong analytical, business and communication skills
Experience with Microsoft Suite and ability to manage complex spreadsheets
Ability to read, understand, and apply tariffs across a variety of electric and gas utilities
Support Company tariffs in writing, editing, and fact-checking; write testimony, edit settlements and stipulations, support materials shared with and filed in regulatory proceedings.
Develop strategies to implement changes to rate design as needed
Ability to interact with all levels of management and explain the results of detailed analysis
Must foster an inclusive work environment and respect all aspects of diversity.
Incumbent must demonstrate and value differences in others' strengths, perspectives, approaches, and personal choices


Desired:

In depth knowledge of, and experience with, the Utility industry
Bachelors in Economics, Finance, or Accounting
Bachelor’s in Engineering or Mathematics


Minimum Years of Experience


8 years of experience


Education


Bachelor’s in Accounting or Finance


Bachelors in Engineering or Mathematics


Certifications


None Noted


Disclaimer

Certain positions at the Company may require you to have access to Part 810-Controlled Information. Under the law, the Company is limited in who it can share this information with and in certain circumstances it is necessary to obtain specific authorization before the Company can share this information. Accordingly, if the position does require access to this information, you must complete a 10 CFR Part 810 Export Control Compliance Nationality Request Form, a copy of which will be provided to you by Talent Acquisition if an offer is made. If there is a need for specific authorization, due to the time it takes to obtain authorization from the government, we will likely not be able to further proceed with an offer.

If you are a current PSEG employee and if you are offered an opportunity with PSEG Long Island, you will be treated as a new hire. Please note that as a new hire to the Long Island subsidiary, your benefits will change and generally will be consistent with other similarly situated PSEG Long Island new hires. Similarly, for PSEG Long Island employees who accept job opportunities with PSEG or any of its subsidiaries (other than PSEG Long Island), their benefits would change and generally be consistent with other similarly situated new hires of that company.

As an employee of PSE&G or PSEG LI, you should be aware that during storm restoration efforts, you may be required to perform functions outside of your routine duties and on a schedule that may be different from normal operations.

For all roles, PSEG’s drug and alcohol testing program includes pre-employment testing, testing for cause, and post-incident/accident testing. For employees in federally regulated roles (including positions covered by USDOT, PHMSA, or NRC regulations), this also includes random testing. Although numerous states throughout the country have legalized marijuana/cannabis products recreationally and/or medically, it is prohibited for employees in federally regulated roles. Employees who are hired or transfer into a federally regulated role are subject to drug and alcohol testing, inclusive of marijuana. Please note that the use of CBD products may result in a positive drug test for THC/Marijuana and such use is not a legitimate medical explanation for such a positive result.

PSEG is an equal opportunity employer, dedicated to a policy of non-discrimination in employment, including the hiring process, based on any legally protected characteristic. Legally protected characteristics include race, color, religion, national origin, sex, age, marital status, sexual orientation, disability or veteran status or any other characteristic protected by federal, state, or local law in locations where PSEG employs individuals.

PSEG is committed to providing reasonable accommodations to individuals with disabilities. If you have a disability and need assistance applying for a position, please call 973-430-3845 or email accommodations@pseg.com.

If you need to request a reasonable accommodation to perform the essential functions of the job, email accommodations@pseg.com. Any information provided regarding a disability will be kept strictly confidential and will not be shared with anyone involved in making a hiring decision.


ADDITIONAL EEO/AA INFORMATION (Click link below)


Know your Rights: Workplace Discrimination is Illegal


Pay Transparency Nondiscrimination Provision

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