(Sr.) Economist I (II)

Job Description Flexible Work Arrangement: Hybrid A (Sr.) Economist in Market Design is responsible for leading the evolution of PJM's wholesale energy markets. As a member of the Market Design team, you will develop a detailed understanding of the workings of the wholesale electricity market and be responsible for designing, analyzing and defending the market mechanisms that promote grid reliability and economic efficiency. This role will focus on areas such as resource adequacy, price formation, and the integration of emerging technologies. Essential Functions: The primary focus of the work in the Market Design department: Evaluate current and new market rules changes and recommend enhancements Coordinate with the Market Analysis department on the scope and results of empirical analysis of market performance, market efficiency and behavior Lead the economic theory behind market design reforms and conduct advanced econometric analysis to understand market outcomes Present complex and technical content to a diverse audience through written reports and presentations Collaborate with internal (market, operations, planning, legal, IT and etc.) and external (IMM, academia, FERC, ISOs, members) business partners to work on challenging problems Lead and support efforts on publishing papers, both internally and externally, to advance PJM's thought leadership in market design. Characteristics and Qualifications: Required: Bachelor's degree in Economics, Mathematics, Master's degree in Engineering, Economics or equivalent work experience Ability to produce high-quality work products with attention to detail Experience in quantitative and qualitative analysis Ability to use mathematical and electrical theory Ability to troubleshoot and provide technical support Preferred: MBA degree, PhD., Economics, PhD., Mathematics At least 5 years of experience apply economic and statistical theory to complex market problems Experience with PJM operations, markets, and planning functions PJM employees work collaboratively to maintain the reliability of North America's largest centrally dispatched electric grid and to operate one of the world's largest competitive wholesale electricity markets. We seek talented candidates who thrive in a diverse, challenging and creative environment where they have opportunities to grow, learn new skills and build a career. Learn more about PJM by visiting the Learning Center. Discover your potential at PJM Interconnection! We are proud of our company's history, culture and community. As the nation's largest grid operator, the work we do every day requires every one of us. We recognize and appreciate the different abilities, backgrounds, perspectives, experiences, cultures and needs of each individual. If you're seeking a dynamic and supportive workplace that values innovation and creativity, we invite you to explore opportunities with our team. Medical, vision and dental insurance 401(k) plan with 100% employer match up to 5% of salary Non-elective 401(k) employer contribution Vacation and paid holidays Tuition reimbursement Life insurance Accidental death and dismemberment insurance Short-term and long-term disability coverage Business travel and accident insurance Child day care referral program Employee assistance program Adoption benefits recognized by the Dave Thomas Foundation for Adoption, which has named PJM one of the best adoption-friendly energy and utility companies in America.