Economist - Data Scientist
AEP Headquarters, United States
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Full Time Mid-level / Intermediate USD 96K - 124K
American Electric Power
Job Posting End Date
08-01-2025Please note the job posting will close on the day before the posting end date.
Job Summary
AEP is seeking a motivated and detail-oriented Economist – Data Scientist to join our Corporate Planning and Budgeting team. This role is responsible for developing and maintaining advanced forecasting models, conducting economic and variance analysis, and delivering actionable insights to support strategic decision-making. The ideal candidate will blend strong technical skills with business acumen to support regulatory filings, operational planning, and corporate initiatives.Job Description
What You’ll Do:
Forecasting & Modeling: Develop and maintain industry leading econometric and time series models that support regulatory filings and corporate planning.
Economic Research & Analysis: Conduct periodic economic studies and monitor macroeconomic and regional trends relevant to AEP’s service territory to inform forecasting, planning, and strategic decision-making.
Regulatory Support: Contribute to reports and analysis used in regulatory filings such as base cases, fuel filings, capacity resource plans, and securitization filings.
Variance Analysis: Assist in preparing load and economic variance analyses to measure performance and support corporate strategies.
Data Collection & Management: Gather and manage data related to load, weather, customer profiles, and economic indicators to support forecasting and analysis.
Visualization & Reporting: Create clear, compelling reports and visualizations to communicate findings to business partners and senior management.
Industry Awareness: Stay informed on industry trends, economic conditions, and regulatory developments affecting the AEP service territory.
Collaboration: Work closely with internal stakeholders to understand business needs and provide analytical support.
What We’re Looking For:
Education Requirements: Bachelor’s degree in economics, data science, mathematics, operations research, statistics, computer science or related technical field is required.
Experience Requirements: 5 years of relevant work experience is required. An equivalent combination of education and related experience may be considered.
Preferred Skills and Experience:
Coding: experience and knowledge of statistical software packages such as R, Python, and /or SAS
Forecasting Expertise: Experience with forecasting through econometric modeling or time series analysis.
Regulatory Knowledge: Familiarity with regulatory environments and filings (e.g., FERC, state commissions).
Visualization Tools: Proficiency with data visualization platforms such as Power BI, or similar tools.
Cloud & Big Data Tools: Experience with cloud platforms (e.g., Azure, Athena, AWS) and big data tools (e.g., Hadoop).
Database Skills: Strong SQL skills and experience working with large relational databases.
Communication Skills: Ability to translate complex data into clear, actionable insights for non-technical stakeholders.
Utility Industry Experience: Prior experience in the energy or utilities sector is a plus.
Where You’ll Work
On-Site at our Columbus, OH location.
What You’ll Get:
$96,110 - $124,941
In addition to a competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.
Where Putting the Customer First Powers Everything We Do
At AEP, we’re more than just an energy company — we’re a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!
Compensation Data
Compensation Grade:
SP20-008Compensation Range:
$96,110.00-124,940.00 USDThe Physical Demand Level for this job is: S – Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.
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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.Tags: Athena AWS Azure Big Data Computer Science Data visualization Economics Hadoop Mathematics Power BI Python R RDBMS Research SAS SQL Statistics
Perks/benefits: Competitive pay Gear
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