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Utility Analyst - Economist/Financial Analyst

Date Posted:  Apr 26, 2022
Requisition ID:  348401

Indianapolis, IN, US, 46204

Work for Indiana

Grow your career with the State of Indiana! With more than 50 executive branch agencies, the State of Indiana is a diverse workforce offering employees stimulating and challenging projects across a broad scope of career opportunities. As a State of Indiana employee, you impact the well-being of Indiana’s communities every day.


About the Indiana Office of Utility Consumer Counselor (OUCC):

The OUCC’s mission is to represent all Indiana consumers to ensure quality, reliable utility services at the most reasonable prices possible through dedicated advocacy, consumer education and creative problem solving.  For more information about the OUCC, visit the website at, on Twitter at, or on Facebook at    



This position typically starts at $52,100 a year. 

About the Job:

This position will assist as an OUCC advocate for utility customers in matters before the Indiana Utility Regulatory Commission ("IURC") by applying economic and financial principles, and performing reviews of financial records and utility operations.

OUCC staff economists and financial analysts are required for conducting economic and financial analyses to evaluate the financial condition and performance of regulated utilities and to render expert judgment on utility requests for rate changes before the IURC. The selected candidate will review utility books and records, financial statements, economic data, and analysis from government and authoritative private sector sources.

The position works as a professional analyst for the Division and Agency. Duties are performed with limited to moderate supervision, and require self-motivation, discipline, and initiative. The individual is expected to serve primarily as a skilled technical witness in utility ratemaking, and matters of public policy.

A Day in the Life:
  • Develop skilled, technical opinions through analyses of all relevant utility applications, petitions, testimony, schedules, and exhibits.
  • Gather information through data requests, and other research methods as necessary.
  • Summarize large amounts of data and testimony.
  • Draw conclusions from research to build case foundations and contributes to case development.
  • Prepare high-quality, persuasive testimony and exhibits to support OUCC case positions regarding the reasonableness of debt and equity financing, returns on equity, and capital structures.
  • Serve as case team leader, and a significant contributor responsible for addressing multiple issues.
  • Consistently provide strong, credible, articulate oral testimony under cross-examination at public hearings.
  • Assist other OUCC staff with projects while maintaining regular personal workload.
  • Anticipate problems and develop alternatives in advance.
  • Take appropriate decisive action to achieve agency and division goals and objectives.
  • Work with multi-disciplinary project teams that include attorneys, economists, accountants, engineers, and other specialists.
  • Proactively maintain required level of professional knowledge through timely review of modifications to principles, standards, federal and state laws, and legal decisions.
  • Ability to perform duties in a confidential and professional manner.
  • Contribute to achievement of overall agency and division goals.
  • Review current utility regulatory practices and theories.
  • Engage in continuous personal and professional development.
  • All other duties as assigned.
What We're Looking For:
  • Ability to make objective and well-reasoned recommendations.
  • Possess: strong written and verbal skills; the ability to work independently and in teams to meet deadlines; and the ability to produce work product in a well-organized manner.
  • Extensive computer skills in Microsoft Office products.
  • Ability to work on and/or manage multiple cases simultaneously.
  • Ability to summarize and communicate complex technical issues.
  • Able to work under stressful and occasionally adversarial conditions, such as under cross-examination and short timelines.
What You'll Need for Success:
  • Bachelor's degree in finance or economics.
  • Master's degree in finance or economics, or Certified Rate of Return Analyst designation is preferred.
Supervisory Responsibilities/Direct Reports:
This role does not provide direct supervision to direct reports.


Benefits of Employment with the State of Indiana:

The State of Indiana offers a comprehensive benefit package for full-time employees which includes:

  • Four (4) medical plan options (including RX coverage) and vision/dental coverages
  • Wellness program (offers eligibility into a discounted medical plan)
  • Health savings account (includes bi-weekly state contribution)
  • Deferred compensation account (similar to 401k plan) with employer match
  • Two (2) fully-funded pension plan options
  • Group life insurance
  • Employee assistance program that allows for covered behavioral health visits
  • Paid vacation, personal and sick time off
  • Competitive leave policies covering a variety of employee needs
  • 12 company paid holidays, 14 on election years
  • Qualified employer for the Public Service Loan Forgiveness Program
  • New Parent Leave


Equal Employment Opportunity:

The State of Indiana is an Equal Opportunity Employer

Current Employee? Click here to apply.

Nearest Major Market: Indianapolis