Job Description
Who We Are: We're powering a cleaner, brighter future.
Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.
We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- 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).
We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.
In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.
Are you in? Primary Purpose:
The Senior Quantitative Engineer will employ quantitative methodologies and provide quantitative analysis to support engineering studies, plans, calculations, evaluations, design documents, integrated systems analysis, cost estimates, budgets, associated with the research, planning, design, operation, and maintenance of Exelon Utilities' overall strategic plans and initiatives. The Senior Quantitative Engineer will develop and maintain quantitative analytical models and methodologies to identify trends and predict outcomes, effectively communicate and report on modeling methodologies and results. The person will be responsible of monitoring and responding to business needs by staying abreast of developments in the energy industry and provide analysis/reports to meet those needs.
Position may be required to work extended hours for coverage during storms or other energy delivery emergencies.
Primary Duties:
- Performs assignments in specialized areas requiring extensive quantitative analysis, research and engineering expertise. (30%)
- Performs tasks associated with critical or analytical engineering projects, develop and maintain quantitative analytical models and methodologies to identify trends and predict outcomes, provide explanations of the modeling and its results to management and senior leaders. (30%)
- Evaluates, develops, implements and supports strategic and engineering projects that have significant financial and operational impact by applying quantitative analysis. (10%)
- Participates in department planning, provide budget recommendations and monitor performance for the accomplishment of committed results. (5%)
- Performs assignments while acting independently and may lead multi-discipline teams. (5%)
- Serves as an expert in the quantitative engineering area. (5%)
- Provides recommendations and implements action plans to improve performance and cost effectiveness. (5%)
- Provides training and/or guidance to others. (5%)
- Participates in technical and industry societies and committees to enhance knowledge of new technologies or issues in areas of company interest. (5%)
Job Scope:
- Influences project decisions having a significant impact on the company.
- Applies technical knowledge to help promote a safe work environment and to enhance customer satisfaction
Minimum Qualifications:
- Bachelor of Science degree in engineering or quantitative disciplines (electrical engineering, industrial engineering, statistics, operations research, economics, computer science, data analytics, mathematics, physics, etc.)
- Ability/experience analyzing and interpreting complex electrical and mechanical systems, and providing quantitative engineering analysis
- Knowledge and ability to apply problem solving approaches and engineering theory.
- Knowledge of engineering designs, principles and practices.
- 7+ years of professional engineering or quantitative analyst experience (1) (3) (See Note).
- Detailed knowledge of applicable standards, codes methods, and practices unique to areas of expertise.
- Thorough knowledge and experience in unique areas of engineering expertise.
- Ability to apply advanced engineering principles to identify and resolve complex issues.
- Technical applications of complex subjects
- Develops and executes complex technical proposals
- Experience articulating business questions and using mathematical techniques to arrive at an answer using available data. Experience translating analysis results into business recommendations.
- Draw on knowledge of programming in MATLAB, Python, R, C++, SQL, VBA skills to develop and maintain the models that guide the company's engineering activities.
- Minimum of two related career experiences (4) in quantitative and engineering discipline (i.e., changes in technical job responsibilities, which may or may not include a change in department) OR
- Member of a recognized industry committee
- Graduate degree (1) or Graduate level work in quantitative discipline (e.g., electrical engineering, industrial engineering, statistics, operations research, economics, computer science, data analytics, mathematics, physics, etc.).
- (1) Master's degree in Engineering or other quantitative fields reduces the OJT experience requirement by 1 year;
- (2) License must be issued by the state in which you are practicing.
- (3) PE License reduces the OJT experience requirement by 1 year.
- (4) Career related experiences is defined as changes in technical job responsibilities and does not have to include a change in department
- Note: Items (1) and (3) are mutually inclusive, whereby the maximum experience requirement reduction is one(1) year (e.g., in the case of an employee with both a master's degree in Engineering AND a PE license, the minimum experience requirement would be reduced by one (1) year).
Preferred Qualifications:
- Strong teamwork, interpersonal skills and the ability to communicate with all management levels.
- Strong written and oral communication skills.
- Demonstrated experience to expand R&D background to practical solutions (in quantitative/engineering discipline)
- Professional Engineer's License (2), advanced technical degree, MBA or Project Management Certification
- Experience performing electric distribution system studies, including DER interconnections, hosting capacity analyses, load forecasting, or grid modernization initiatives.
- Demonstrated expertise in developing and supporting engineering analytics solutions using Python, SQL, Power BI, CYME, MATLAB, or similar platforms, including automation of engineering workflows, dashboard development, and advanced data analysis.
Benefits:
- Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $112,000.00/Yr. – $154,000.00/Yr.
- Annual Bonus for eligible positions: 15%
- 401(k) match and annual company contribution
- Medical, dental and vision insurance
- Life and disability insurance
- Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
- Employee Assistance Program and resources for mental and emotional support
- Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
- Referral bonus program
- And much more
Note: Exelon-sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification or represented status. Eligibility will be determined by the written plan or program documents.
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