Senior Analyst - North America Power Service

  • Full-time
  • Verisk Business: Wood Mackenzie

Company Description

Wood Mackenzie is the global leader in data, analysis and consulting across the energy, chemicals, metals, mining, power and renewables sectors.

Founded in 1973, our success has always been underpinned by the simple principle of providing trusted research and advice that makes a difference to our customers. Today we have over 2,000 customers ranging from the largest global energy companies and financial institutions to governments as well as smaller market specialists.

Our teams are located around the world. This enables us to stay closely connected with customers and the markets and sectors we cover. Collectively this allows us to offer a compelling combination of global commodity analysis with detailed local market knowledge.

We are committed to supporting our people to grow and thrive. We value different perspectives and aspire to create an inclusive environment that encourages diversity and fosters a sense of belonging. We are committed to creating a workplace that works for you and encourage everyone to get involved in our Wellness, Diversity and Inclusion, and Community Engagement initiatives. We actively support flexible working and are happy to consider alternative work patterns, taking into account your needs and the needs of the team or division that you are looking to join. 

Hear what our team has to say about working with us:

https://www.woodmac.com/careers/our-people/

We are proud to be a part of the Verisk family of companies! 

At the heart of what we do is help clients manage risk. Verisk (Nasdaq: VRSK) provides data and insights to our customers in insurance, energy and the financial services markets so they can make faster and more informed decisions.   

Our global team uses AI, machine learning, automation, and other emerging technologies to collect and analyze billions of records. We provide advanced decision-support to prevent credit, lending, and cyber risks. In addition, we monitor and advise companies on complex global matters such as climate change, catastrophes, and geopolitical issues.  

But why we do our work is what sets us apart. It stems from a commitment to making the world better, safer and stronger.  

It’s the reason Verisk is part of the UN Global Compact sustainability initiative. It’s why we made a commitment to balancing 100 percent of our carbon emissions. It’s the aim of our “returnship” program for experienced professionals rejoining the workforce after time away. And, it’s what drives our annual Innovation Day, where we identify our next first-to-market innovations to solve our customers’ problems.   

At its core, Verisk uses data to minimize risk and maximize value. But far bigger, is why we do what we do. 

At Verisk you can build an exciting career with meaningful work; create positive and lasting impact on business; and find the support, coaching, and training you need to advance your career. We have received the Great Place to Work® Certification for the fifth consecutive year. We’ve been recognized by Forbes as a World’s Best Employer and a Best Employer for Women, testaments to our culture of engagement and the value we place on an inclusive and diverse workforce.  Verisk’s Statement on Racial Equity and Diversity supports our commitment to these values and affecting positive and lasting change in the communities where we live and work.  

Job Description

Power and Renewables

Wood Mackenzie Power and Renewables provides integrated subscription, research and advisory services to inform and support our client’s commercial and strategic decisions in the complex and rapidly changing electric power industry.

Combining our deep knowledge of solar, wind, storage, and grid technologies, with our global power and fuels modeling and analytical capabilities, Wood Mackenzie can provide data and insight spanning supply chain, technology costs, policy and market issues, fundamentals-based outlooks, price forecasting, asset valuation, and commodity market issues.

Team Profile

A Senior Analyst on our North American Power Service team will join a group of highly respected market experts and contribute to the delivery of industry-leading short and long-term power outlooks based on analysis of the dynamics impacting the North America power and renewables sector.  This is an excellent opportunity to join a growing team and make a major contribution to energy transition. Wood Mackenzie directly serves clients who are responsible for the success of their firms’ technology roadmap, competitive positioning, product marketing, and go-to market strategies.

Role Purpose

The Senior Analyst will help lead the development and operation of models, databases and reports for our growing North America Power Service. These responsibilities will include collecting market information/intelligence, analysing data to generate market insights, building analytical models to create market forecasts. The analyst will also be the main point of contact between Wood Mackenzie and industry stakeholders and clients in the coverage area.

Main Responsibilities

  • Contribute to market analysis on Wood Mackenzie’s Long Term and Short Term Power Market Outlooks.  The successful candidate will take ownership of a specific ISO, becoming the regional market expert.
  • Own the development and improvement of Wood Mackenzie’s proprietary analytical models that underpin the market coverage.
  • Develop and maintain forecast models and data sets across verticals within the Energy Transition Practice.  Expertise in capacity market modelling is preferred.
  • Provide high-quality client service to research subscribers through responding to inquiries, one-on-one conversations, and special events. 
  • Collaborate with peers across Wood Mackenzie to support research reports, conferences, marketing services and editorial coverage.
  •  Author insight pieces for clients and the broader industry. Present Wood Mackenzie’s research at industry events around the globe. 

#LI-TB1

Qualifications

Knowledge and Experience

  • Knowledge of the structure of wholesale power markets and its operation, especially the rules governing capacity markets, RECs, and CONE/Cost of New Entry is necessary to be successful in this role.
  • Minimum 5 years of industry experience in the power sector.
  • Required (key) programming & software skills include: SQL Server (high level), Excel VBA (mid level), GAMS (low-mid level). 
  • Understanding of mathematical programming & optimization concepts (i.e., reading and modifying an optimization program representing a capacity auction clearing mechanism). 
  • Experience producing wholesale power market datasets, forecasts, and analysis for commercial purposes.
  • Excellent problem-solving skills. Strong analytical capabilities. Interested in using both qualitative and quantitative methods to answer market questions.
  • Self-driven. Capable of switching between the roles of an individual contributor and a collaborator.
  • Superb communication skills. Comfortable interacting with clients and industry stakeholders.
  • An engaging nature, capable of connecting with co-workers, clients and industry stakeholders in a wide range of professional settings.
  • A deep intellectual curiosity about the effect of a wider business landscape.
  • Quantitative background and degree (e.g., economics, finance, engineering).
  • Superior writing skills

Key Competencies

  • Knowledge of wholesale power markets
  • Issue identification and problem-solving 
  • Building analytical models, manipulating data. 
  • Planning, implementation 
  • Efficiency-focused
  • Determined and resilient
  • Continuous improvement
  • Creativity
  • Building and maintaining relationships
  • Communication
  • Personal impact
  • Collaboration
     

Additional Information

Wood Mackenzie Core Values
Wood Mackenzie is a place where we are committed to supporting our people to grow and thrive. We value different perspectives and aspire to create an inclusive environment that encourages diversity and fosters a sense of belonging.
Wood Mackenzie values each individual's contribution and helps them reach their full potential while sustaining an organisational culture of health and well-being.

Our core values are:

  • Respect for the Individual
  • Integrity
  • Passion
  • Persistence
  • Confidence with humility
  • Excellence
  • Teamwork

We understand the importance of achieving a balance between work, family and other life commitments.  We are open to considering flexible working arrangements to enable the greatest spectrum of talent to contribute to Wood Mackenzie’s success.
Location:
This position is preferred to be in Wood Mackenzie’s Boston office. Alternative locations for consideration are Houston and Chicago.
EEO statement
Unsolicited resumes submitted to Wood Mackenzie by any external recruitment agency via Internet, e-mail, fax, or U.S. mail become the property of Wood Mackenzie and we are not responsible for any fees associated with those resumes.
In compliance with the Civil Rights Act of 1964 and 1991, the Age Discrimination in Employment Act of 1967, Section 504 of the Rehabilitation Act of 1973, the Americans with Disabilities act of 1990 and all other relevant federal and state laws, the policy of this company prohibits discrimination in employment because of race, color, religion, national origin, sex, gender identity and/or expression, age, veteran’s status, disability, genetic information or any other group protected by law. Applicants are considered for all positions without regard to race, color, religion, national origin, sex, gender identity and/or expression, age, veteran’s status, disability, genetic information or any other group protected by law.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access WoodMac.com/careers on-line as a result of your disability. You can request reasonable accommodations sending an email to [email protected].
We are an Equal Opportunity Employer M/F/V/D, and a member of E-Verify.
http://www.eeoc.gov/

 

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

http://www.verisk.com/careers.html

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

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