10840 Rates Analyst III
Newark, NJ, US
Requisition: 80914
PSEG Company: PSEG Services Corp.
Salary Range: $ 75,000 - $ 118,700
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 the 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 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
- Other rate related tasks as assigned by the Rates Manager
- Analyze results, identify areas of opportunities, and make recommendations related to electric and gas tariffs
- Prepare survey responses, bill analyses and comparisons of state, regional and national utilties; provide recommendations on the results of these to management
- Update Company website as needed for various tariff and other requirements.
- Update certain customer bill charges in the billing system
- Communicate findings to leadership (verbally and/or in writing)
- Preparation of reports or analysis specifically requested by management
Job Specific Qualifications
- 4-5 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
- Ability to read, understand, and apply tariffs across a variety of electric and gas utilities
- 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
Desired:
- Bachelor's in Economics, Finance, or Accounting
- Bachelor’s in Engineering or Mathematics
Minimum Years of Experience
4 years of experienceEducation
Bachelor’s in Accounting or FinanceBachelors in Engineering or MathematicsCertifications
None NotedDisclaimer
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.
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Job Profile
Hybrid Hybrid fixed Must live within commutable distance Onsite work
Benefits/Perks401(k) with company match Behavioral health programs Career development Dental Flexible work model Health-related benefits Hybrid work Life Insurance Medical Paid Time Off Retirement program Tuition reimbursement Vision
Tasks- Analysis
- Analytics
- Bill analyses
- Communication
- Design
- Development
- Prepare survey responses
- Provide Recommendations
- Research
- Testing
- Track functions
- Tracking functions
- Update company website
- Update complex spreadsheets
- Website management
Analytical Analytics Business Clean Energy Technology Communication Communications Compliance Design Development Engineering Finance Gas rate design Hybrid IT Leadership Legal Mathematics Microsoft Suite NRC Regulations Operations Organizing Planning Problem-solving Research Spreadsheets Technical Testing Website management
Experience4-5 years
EducationBachelor's Bachelor's degree Bachelor's in Economics Education Engineering
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9