This information is for reference only. These classifications are no longer valid and were replaced 7/1/2020.
This is professional supervisory and administrative work managing and coordinating economic analysis of regulated utilities.
Applicants must meet one of the following eligibility requirements:
(The following minimum qualifications will determine merit system eligibility. Allowable experience and education substitutions are provided in italics below the corresponding minimum qualification statement; no other substitutions will be permitted. These minimum qualifications may also be used to evaluate applicants for Missouri Uniform Classification and Pay System positions not requiring selection from merit registers.)
One or more years of experience as a Chief Regulatory Economist or Regulatory Economist III with the Missouri Uniform Classification and Pay System.
OR
A Ph.D. from an accredited college or university in Economics including 3 earned credit hours in Econometrics, Microeconomic Theory, or Regulatory Economics; and,
Two or more years of professional applied research experience or teaching experience at the college level in the field of Economics, Engineering, Finance, Mathematics, Statistics, or professional experience performing economic analyses in a regulatory or utility environment.
OR
A Master’s degree from an accredited college or university in Economics; and,
Three or more years of professional applied research experience, or teaching experience at the college level in the field of Economics, Engineering, Finance, Mathematics, or Statistics, or professional experience performing economic analyses using statistical methods and techniques in a regulatory or utility environment.
OR
A Bachelor’s degree from an accredited college or university with a minimum of 24 earned credit hours in one or a combination of the following: Economics, Engineering, Finance, Mathematics, or Statistics including 3 earned credit hours in Econometrics, Microeconomic Theory, Regulatory Economics, or a closely related field; and,
Five or more years of professional experience performing economic analyses in a regulatory or utility environment including one or more years in a supervisory capacity.
(24 earned graduate credit hours from an accredited college or university in the specified educational fields may substitute for one year of the required general experience.)
This description may not include all of the duties, knowledge, skills, or abilities associated with this classification.
Provides direction of rate-making, economic analysis, and other issues affecting quality, cost of service, and rate design; coordinates efforts with agency staff, federal and state regulators, utilities, intervener groups, and the general public.
Manages and supervises the work of assigned staff, directly or indirectly through senior-level staff; designates project leaders, assigns staff, and participates in research projects and rate-making studies; evaluates current workload status, schedules, individual assignments, and expertise to establish priorities and develop work plans; and reviews work reports and papers, testimony and recommendations for clarity, completeness, accuracy, and conformance with agency policies; and oversees the training and instruction of assigned staff.
Develops and provides both oral and written testimony at regulatory or legislative hearings to present positions or recommendations; monitors and arbitrates activities associated with territorial disputes between utilities; assists legal staff in hearing preparation; and participates in the negotiation of staff positions during settlement discussions.
Evaluates position papers, methodologies, or standards emanating from utility-funded research and development organizations to determine their relevance or adequacy; monitors prudence of action issues such as operating costs; and evaluates the general impact of regulation on utilities.
Formulates research strategies, develops appropriate analytical methods, and designs specific projects to address rate-making and policy issues; directs the analysis and evaluation of data and forecasting of subscriber demands and projected distribution, traffic, or service to determine type, size, and quantity of equipment required or production cost models; and develops and presents seminars or workshops onresearch activities.
Develops, revises, and implements economic analysis policies; analyzes federal regulatory documents, program guidelines, journals, and related reports or inspects electronic bulletin boards for filings, orders, or bulletins, and evaluates the impact on state regulations; and files comments establishing a position as directed or necessary.
Develops and supports budget recommendations; consults with staff regarding fiscal impact of legislation; and assists with the preparation and submission of fiscal notes.
Composes requests for proposals to solicit consulting firms to provide professional services; evaluates submitted proposals and recommends bid awards.
Researches and prepares responses to requests for information; serves as a liaison and committee member to organizations or specialized boards to obtain and dispense information, as requested.
Exercises significant independence and initiative in the performance of responsibilities; receives general administrative direction.
Performs other related duties as assigned.
Comprehensive knowledge of the utility industry.
Comprehensive knowledge of the background, philosophy, and objectives of assigned agency, along with the legislative and regulatory process.
Comprehensive knowledge of descriptive, inferential, and multivariate exploratory statistics, experimental design, and computerized econometric modeling.
Comprehensive knowledge of data processing tools and methods and ability to use computer resources to apply statistical methods and economic principles in the analysis of regulatory issues.
Ability to delegate responsibility, and to plan, organize, direct, and evaluate the work of professional staff.
Ability to communicate technical information clearly and concisely to technical and non-technical audiences.
Ability to testify as an expert witness under cross-examination.
Ability to develop research strategies, design research projects, and evaluate the quality and applicability of research results.
Ability to plan, coordinate, and oversee the development of legislation related to utility regulation.
Ability to establish and maintain effective working relationships at the state and federal level with utility representatives, state and federal regulators, legislative committees, and general public.